Keep Your Hands Off Cryptocurrency, Economist Tells World Governments
Economist Jeffrey Tucker believes that world governments should keep their hands off cryptocurrency so that the private sector can innovate.
Leave Crypto Alone
In Tucker’s view, the rise of state-controlled monopoly over money supply over the past century is what led to world wars, economic depression, constant inflation, huge government debt and sprawling government bureaucracies dependent on quantitative easing for finance and influence.
When the private sector is innovating, government and central banks should leave them alone. And an even better rule: if you didn’t invent it, and you made no contribution to making it more valuable, you can’t regulate it either.
Source of shared Link
I agree with this economist, if the governments enter the cryptocurrencies, they will surely centralize them, and ruin the essential purpose for which the blockchain technology was created, the decentralization.
Crypto is the future and nobody can stop it anymore :)
@hanen governments can slow the growth.
Yes, it's true what you saying, the governments want to control the blockchains but it's not possible if the sources are decentralized. Only in private blockchains.