In my opinion the best way to spot the scams in this new digital market, or "battlefield" (which it really is), is to see what they are offering to the users. If I see any new projects opening that don't make freedom a prime goal, I am not interested. Blockchain tech can be used for complete freedom, or complete enslavement. So if you are not on the freedom side, I am not interested. This could be features like decentralization, anonymous transactions, or like Paragon is doing, using their tech to free a market from government regulation. There are also projects that aim to introduce VPN services through the blockchain. Decentralized VPN services would be an amazing tool to avoid government control.
Now, how many will survive? Thaaat is a tough question. Projects like Ripple will be one of the ones that survives, but not for good reasons. That will be the bankers using our own weapon against us, hopefully it isn't fallen for. I think Bitcoin will survive and thrive as the peoples coin, at least that's what I hope for. But if not I don't see this idea of currency controlled by the people going away. Who will stand and who will fall? I can't say, but I am excited to see.
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Bitcoin may have already lost the battle to the forces of evil, and I will keep your observations and suggestions close at hand. The engineering of the digital economy and so-called 4th industrial revolution is a fork in the road for freedom and life on earth imo.
The globalists' forces from the empire haven't even showed up yet with their tools of conquest (regulations, policies, taxation, armed forces, blockchain oligopolies, etc) remain alert and prepared...@justinschwalm
As of November we should have Bitcoin as a legal currency in the US. I saw news about it last week that they are beginning to write legislation now. This could be seen as good and bad, but I think it shows that the government is taking an interest in what is going on. Also the IMF is beginning to utilize blockchain tech. So yes, we do need to stay vigilant.
@justinschwalm the source documents reveal that governments, central banks, and the uber influential supranational organizations have been and are pursuing plans for blockchain tech - it is more than merely "taking an interest" in bitcoin and blockchain tech. This is not new interest in, but rather new policies and regulatory enforcement reaching the public for the first time.
But thanks for mentioning the U.S. policy changes toward bitcoin, I did a quick search and think you may be referring to some Congressional interest in the compliant AML Bitcoin, the Daily Caller wrote: Congress Considering Validating Bitcoin?
As I was searching I ran across this: BitAML regulatory compliance experts I imagine that means these individuals study the U.S. Treasury Dept. FinCen regulations.
BitAML Headquarters
501 N. Main Street
Bloomington, IL 61701
Chicago
20 W. Kinzie St.
Chicago, IL 60610
If I may request, keep a keen watch on the Treasury Dept. FinCen and the central banks (esp. UK and CHINA) as enforcement and lucrative government/mega-corp contracts are to come.