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RE: Daily Crypto Markets Live Blog: Are Stablecoins In Trouble? (05/23/22)

in LeoFinance • 2 years ago

In crypto, such magic whether they like it or not is shifting back to the people. Will they really allow it to happen without a fight? 😄 Or perhaps, if it is really true that they are powerless when it comes to regulating decentralized entities, after doing their best to regain control and fail, the last option would be to make a law making anonymous activity illegal.

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That's true and they are trying everything they can to put their claws on crypto but it seems they just cant so some governments just resort to banning it.

And it would be really desperate of them to do the last option you mentioned.

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If they will do that, that will be a legal confirmation that poverty reduction and economic inclusivism are not their real concerns but the preservation of their control.

!PIZZA

And they will get busted if they do that. Just admiring those governments who are getting onboard the crypto ship.

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Yes, two countries already? And if I am not mistaken, 13 states in the US are moving in such a direction.

I am not sure either hehe. It's great that some US states are going in that direction. We are fortunate too that at least our country doesn't ban crypto :)

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PH is known for playing it safe. I saw it with AIIB. PH entered after a few years when more countries are investing in it.

Which is still better than being against it :)

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