TODAY'S DISCUSSION
The reason behind alot of war the government is waging against cryptocurrency is because of the shift of power, but i belive the government are interested in crypto but they will create (FUD) fear uncertainty and doubt, so they buys the dip and buys again to accumulate it.
this is what i believe they are doing and if possible they are not doing this, government against cryptocurrency will loose power.
as the world evolves fiat will loose it value because people are aware of inflation.
what do you think about this topic join the discussion and drop you topic suggestions
Happy engagements
topic from @pobtrader
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i want pobstreet to be the mind of the community members, i want a system that will reward every good content that is helpful to the community.
to attract and bring new members to the vyb and pob community.
support new members and guide them on any issues they are facing
to build the pob community
i want pobstreet to be the mind of the community members, i want a system that will reward every good content that is helpful to the community.
greetings to everyone in this community today and also saying happy Sunday.
but to talk on today's topic that says
to me i think it is very obvious that cryptocurrency has take over fiat,according to what @insight said they are also in interested,that is why they also invest in cryptocurrency.
i think i will accept this because fiat fall a lot because it is printed everyday,and the more they print it the more it loses value
I have thought of this also that if I had accumulate 5 million Bitcoin and Bitcoin become legal and general money,I would be one fourth rich of all the riches in the world.
The government are accumulating crypto as much as they can
hello everyone, happy Sunday
they are interested in cryptocurrency,but it is the decentralized matter that they don't really accept,but the truth is that they are really going to enjoy it if the just invest on it,but i know that in one way or the other the invest on cryptocurrency before.
cryptocurrency world is so interesting
Even if they are not interested in cryptocurrency can they stop it? No
They are left with no choice those government. The only thing they cause is fud in the market and that would no longer have effect in future
Government won't vanish,there will just be change f government and centralised exchange will become world bank #binance
They can centralize crypto system like binance creating thier exchange too but will cost them alot and many would become rich if they do
To me I will say why should we be concerned about this set of selfish people,to me I don't care what will be their fate,in as much this is the best way of making them feel less powerful over us too.
To me am sure their is panic in them since they can't control this,so I don't really think of what will be their fate,I think more of the level nof freedom and decision making that will be with the masses right now.
The only thing the Government can do is to try and control cryptocurrency as much as they can but i believe this is way beyond them.
In the end we shall win and power will return to the people.
Well, this can be their likely move but I know somehow we shall find a way around them.
there's not secret in crypto and the privacy there is high, if there is and crytpto wallet with too much of holdings i will rather move to a safer project
I think that will be a reasonable and smart move to make.
I believe the theory of government of buying the dips, they purposely try to pinch the crypto at any slight opportunity to cause dips in order for the to buy in the dips and sell when it hits another record high.
The government most times flashes the media with news in other to cause panic in the crypto and that creates room for alot of panic traders and sellers to sell off everything in there portfolio which they might have bought during the surge, and now they will have to sell and loose money while the government earns.
As for the faith of the central bank and Government ?
Trust me , they are scared of making crypto a legal tender and at the same time making money from the whole game and making the weak hands sell and remain poor.
Crypto taking over would for sure crumble most banks (if not all ). Definitely when crypto takes over nobody would go tk the bank to save money or stuffs like that. Transactions will be less stressful but on the other hand Al of poeple might loose tgere Jobs too.
So it is going to have a great impact on the central bank and also the government ( maybe ).
If they try making cryptocurrency a legal tender,how do you think czbinance binance owner,buterin ethereum owner, Nicholas kokalis(if he is successful with his project) would really be like the government because of thier influence in crypto
And there are so many job in cryto field.
Proofofbrain needs to develop it's frontend,@scholaris.pob needs moderators for vyb so many projects out there who needs people
You're not kidding. We definitely need support on POB and VYB. I think Calumam has a good handled on the VYB curation team, though.
I am lacking in many things @scholaris.pob and not much skillful.
What type of help do you request for pob and vyb Community I will do if it's within my capability
i would like you to state the areas in which you need the support and i would also tag it to the daily post
Nothing bad would happen to world banks because Fiat won't fall easily like that so if they have the money to accumulate much cryptocurrency now so if they can do that, they can still rule if they can and I believe they are
The fate of government after cryptocurrency take over is that government would be so powerless and more arsh on people for power by creating strict laws
If they try to just start accumulating,the more they want,the more the value would increase maybe that's why the decided to manipulate crypto market and this is common for China.
Yeah the government and world banks can also invest thiers own cryptocurrency secretly with great project involved and people would invest in it for sure
I was really interested in this content.
Government won't be affected,Fiat won't be affected either for next 50 year no matter what but cryptocurrency would really dominate
Who are government?,the people and government do change as president change.
If cryptocurrency take over,it means there will be a new government
The world bank are really waging war against crypto and if not,btc would have been over $200,000.
They can't prevail over crypto anymore but I advice them to join and I think that's what they are doing secretly
What they can't control, they fear it the most. But somewhere they know that it's inevitable and the future for sure. So many governments are embracing cryptocurrency and its usage. While others are trying to figure out how to control it x how to centralize it. While cryptocurrency is big challenge to conventional banking and fiat currency, it a new innovative means and opportunity too, only if proper knowledge and guidance takes place.
just which they it that cryptocurrency is truly a great challenge for them,they really need to know this because is going to help
What they can't control, they fear it the most
it is nothing but truth,that is way cryptocurrency is not legalize in some country,but they know that if it is legalize they can't control it,it is really there fear,but they are the one losing
exactly, that is some country did not legalize cryptocurrency,they want to control it on there own which is not done in cryptocurrency world
It will definitely be awesome but j think the two would be nice when dealing with both cryptocurrency and the world banks
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I noticed too because whale manipulate market to accumulate more.project builders accumulate what they create and dump it on investors who invested on it.
Many illegal activities has happened due to crypto.
That's the world we are in
The only thing cryptocurrency gives very much is security and freedom but cryptocurrency didn't stop greed as you said didn't stop poverty but solve some but can't eradicate poverty from this world.