Government vs Bitcoin and cyrpto.

We all know that the goverment does not like crypto currencies because they can't take a lot of tax on it. It is also decentralised, so you can earn money without giving much to your government. The perfect and fair possibility to earn money.

But what if your government is going to ban crypto trading in your country? Can they do it? Honeslty I think they won't do it.

Because probably your government is also trading in crypto. ^^ can-any-government-ban-bitcoin.jpg

Besides this, the government also tells us that there will be an huge crypto crash in the future. I agree with them on that point. At this moment there are 1400+ crypto currencies which is just too much, it's crazy. Most of these coins are also useless and if crypto really wants to have a good, healthy future, the crash must come. woopwoopw.jpg

The crash won't be a bad thing, everything will be cheap again and I think that more than 1000+ coins will be destroyed. Only the good coins will survive the crash. Crypto nowadays is a gambling game.. ''Hey lets invest in that coin, or in that coin, or that one etc...''

Don't let yourself fool by this, choose smart short/long-term and be aware of a coming crash.

ONLY THE GOOD ONES WILL ''SURVIVE"

Sort:  

Yeah I agree. Some cleaning time wouldn't be a bad thing. It's going to create more stability na long term coins in the end.

I think you are correct. It's not likely that so many coins will survive or are even needed in the marketplace.