There is an ongoing battle within the government and political spectrum to either turn their back on crypto or embrace it. This is a monemental decision in my opinon for them.
In this video I discuss how Canada is looking to set up pro-crypto framework in a bill that is in the House. And in the US, Missouri has a bill looking to exempt crypto from personal property taxes.
Countries and areas that embrace cryptocurrency are going to be far ahead of the others by the end of this decade. If Web 3.0 is truly the next generation internet, which many of us believe, we are going to see the ones who reject it trying to catch up. By the time they do that, it will be too late.
▶️ 3Speak
Honestly there just seems to be a battle at the moment between governments that are embracing freedom and others that try to curb it at all costs. Wonder what the correlation between governments embracing crypto and having mask mandates is?
Well some see a benefit to what is happening. Make no mistake, it isnt an altruistic movement.
The politicians are always looking at their own self interest.
Posted Using LeoFinance Beta
It is just the beginning, once countries are going to realise that inflation will not be temporary… Loads will follow
The US Treasury and LIBOR yield curves are saying this will pass. OF course, a great way to get rid of inflation is to crash the economy.
Posted Using LeoFinance Beta
It is choice and I believe there is a saying that if you can't beat them you join them, Crypto can't be neglected with the positive offer it has to change things
Posted Using LeoFinance Beta
Crypto doesnt need governments but it is easier for some on our side to prevent the overwhelming attacks. Having a few in our corner doesnt hurt.
Posted Using LeoFinance Beta
Once it really hits the adoption tipping point I think that there will be significant economic relief for poorer regions through various forms of folks using, trading, minting and earning crypto.
I am just waiting on a 3D front-end for Hive before I get too excited about any 'metaverse' stuff.
DLUX already has some VR capabilities.
And yes we will see a lot of realignment in wealth creation over the next half decade. People who are aware of this are lining up to take advantage.
Posted Using LeoFinance Beta
OH! How did I miss DLUX before LOL. Thanks!
I absolutely agree with this. It's a revolution, just like the industrial revolution. At the time, the laggards of the industrial revolution could not close the gap, despite the passage of hundreds of years. I'm so sorry, the government in my country does not take kindly to cryptocurrencies.
That is a good comparison.
We did see it before with the original Internet. So history keeps repeating itself.
Many countries will be left behind in this "race" not that it matters much since there are going to be a lot of governments that are on the way down.
Posted Using LeoFinance Beta
They might make the proposals but what is the likelihood of it passing? For some reason, I am thinking that these bills most likely won't pass. So would this just be a PR stunt then?
Posted Using LeoFinance Beta
That is true. It might be a long way from passage. I dont know enough about the different legislature to have any idea whether they have a chance of getting through.
Posted Using LeoFinance Beta
Whether the crypto would go a long way or not,this fully depends on the credibility shown by the system.
Hope new governments would acclaim this and grant the usage in a sophisticated way.
👍
I would disagree with that. I would say that cryptocurrency is going to succeed whether it is embraced by governments or not.
The only thing this does is determine how much resistance we have or not.
Posted Using LeoFinance Beta
At least the talks of crypto is happening. Everyone who is talking about crypto or know someone who knows crypto, is already onboard. 2022 will be better year for crypto. More institutions and the governments are involved.
Posted Using LeoFinance Beta
This is free publicity to us. Even if the stuff does not pass, the attention helps a great deal.
Posted Using LeoFinance Beta
(1/10) gave you LUV.
H-E tools | connect | <><
You're invited! - LUV's 1st birthday celebration!@pixresteemer
I post some tweet police shows on social media and visit people at home to " educate" them.
Will we see that in our lifetimes? maybe
@taskmaster4450l a day will come when every country will accept Bitcoin and cryptocurrencies as legal tender
Honestly this is a very good idea and just as I believe and say, crytpto is the future and honestly the future too is here
Congratulations @taskmaster4450! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 1250000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
I think that if crypto adoption in the States increases significantly as you predicted we might see other regions with stiff crypto regulations loosen up. I don't know how this will play out in Africa as we have strong ties with China and China currently doesn't seem to be pro-crypto.
Posted Using LeoFinance Beta