This might be an opposing view but I believe the more the government palyers (Biden administration, Senator Warren, Etc) go after cryptocurrency, the better it is.
In this video I discuss how we need to understand that cryptocurrency was not designed to request government permission. This was the case from the first block omined of Bitcoin and is the case today.
We will see the passion of those with this view increasing due to their clampdown. This is extremely dangerous for them when it is devlopers who feel this way.
▶️ 3Speak
100% agree that crypto should never ask permission to exist from the system. The whole point is to create an ungovernable alternative for people who want freedom from their evil corrupt nonsense.
Cryptocurrencies are borderless and nobody can take your tokens from your pocket as everything is decentralized. Yeah, there are regulations and taxation but those come in place usually when you turn crypto to fiat. Without that, you are a free man as cryptocurrencies are not governed by any country. And resistance from central entities pushes people to want more and more freedom and to develop the tools to achieve it!
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No matter how hard they try to come for crypto, crypto is going no where, I feel the only way to stop crypto is to end access to the internet, which we all know is not possible.
The only challenge is they can create policies that will limit the people from assessing digital assets. Currently, I am working on an app that allows buying and selling of Bitcoin to fiat and I have to make it in a way that the Government won't come after me in Nigeria because of the partial ban.
Heute die Welt, Morgens das Sonnensystem.
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STOPCheck out the last post from @hivebuzz:
Summary:
In this video, Task discusses the growing anti-crypto sentiment among government officials, particularly focusing on the Biden administration and key figures like Senator Elizabeth Warren. He argues that this opposition is actually beneficial for the crypto industry, as it pushes for further innovation and development to work around regulatory obstacles. Task emphasizes the decentralized nature of cryptocurrencies like Bitcoin and projects such as Hive, highlighting the lack of centralized control and the ability to operate outside of traditional regulatory frameworks. He encourages developers and the community to continue pushing the boundaries of decentralized finance (DeFi) despite government crackdowns, believing that the future of crypto is already secured.
Detailed Article:
Task starts by addressing the anti-crypto sentiment prevalent in the Biden administration, majorly driven by figures like Senator Elizabeth Warren, who has vocally criticized cryptocurrencies. He notes the ironic situation where government opposition actually fuels innovation and growth within the crypto space. Task highlights the decentralized nature of Bitcoin, pointing out how it operates independently of government control, showcasing the progression from centralization to global decentralization in mining.
The discussion then delves into the broader perspective of cryptocurrency and the resistance against regulation, emphasizing the core principles of decentralization, autonomy, and permissionless innovation. Task argues that seeking approval or regulation from government bodies goes against the very essence of cryptocurrencies like Bitcoin and projects like Hive. He praises the open-source, decentralized nature of Hive, pointing out that it does not require approval or regulation due to its structure.
Task emphasizes the resilience of decentralized systems like Hive and their ability to function independently of regulatory interference. He underscores the role of developers in coding around regulatory obstacles and continuing to innovate in the face of government opposition. Task expresses confidence in the crypto community's ability to adapt and evolve, especially in creating decentralized finance (DeFi) solutions that operate outside traditional financial structures.
The video concludes with Task's optimistic outlook on the future of crypto, asserting that government efforts to stifle the industry will ultimately fail. He believes that the decentralized nature of blockchain technology and DeFi projects will prevail, despite increasing regulatory pressure. Task encourages developers to push forward with innovative solutions, confident that the crypto space has already emerged victorious in its battle against regulatory constraints.
You are right. If the government wants us not to use it, there is something good about it...
Los gobiernos saben que con las criptomonedas,estableciéndose en el mundo irán perdiendo el control de las finanzas de los ciudadanos por eso su odio.