So, is the US trying to kick all of crypto out?!

in #bitcoin10 months ago

The US has really taken a sludge hammer to the crypto industry, and they are doing it without much tact

Sure there are negatives about crypto, especially from a regulators standpoint, but the industry isn't all bad.

It's far from it.

It offers many useful possibilities in finance and verification all in a trustless manner.

There are plenty of disruption possibilities, but the US is treating it like it has no use case at all.

Perhaps that also signals that its biggest and best use case to date is very valuable indeed...

A competing store of value for private citizens.

Sort:  

All of those are reasons why The US doesn't want any cryptos in America.

Have to maintain control; force Fed Now down everyone's throat.

I never thought from your very good viewpoint but at one point in life it was only thing I had to pay heat bill and it was 30 degrees below.

Most regulators hate privacy coins and ICOs... They have no problems with coins and tokens that have public mutable ledger without an ICO... A lot of exchanges dislike coins and tokens with mutable ledger as that means when a transaction is reversed, it might cause avalanche effect that requires reverting already fulfilled trade orders and reverting transaction in multiple other blockchains if the funds have already been withdrawn out of the exchange.

The more pressure they put on us the more people will realize crypto is their path to freedom.

How are things going over here on STEEM? I have been posting from DTube for my videos and showing up every now and then.
Seems like the TRX wallet issue hasn't gotten resolved yet?
Have the returns been decent here or just having to grind it out through the long tail to reach the next bull market?

Coin Marketplace

STEEM 0.28
TRX 0.11
JST 0.034
BTC 66038.71
ETH 3178.89
USDT 1.00
SBD 4.05