Hello fellow Steemians today i want to share my thoughts and opinion on the idea of government regulation
In the last couple of days we have seen massive panic and sell off of assets within the Crypto space, with government officials and other so-call experts issuing investment warnings and also talks about the regulation of bitcoin and a planned meeting at the next G summit.
MARKETS RECOVERING SMOOTHLY
Today, we are seeing market gains for a lot of these Cryptocurrencies including SBD, Steem, Bitcoin and others as investors are slowly recovering from market manipulations and also propaganda that was spread by financial bullies who controls the media globally. This move by them is to destabilize, tax and take control of something they did not create, which is the ability for us as a people to be our own banks, and also the freewill of privacy.
Looking in the past year, we have seen crackdown on services like coinbase and now some credit card companies are declining transactions that involves Cryptocurrency, all in on effort to destabilized and drive fair in the markets.
PUTTING UP A RESISTANCE
I honestly think developers need to move in the direction of creating total decentralized exchange services like the bitcoin network on the blockchain, one that is super intelligent and does not need human intervention and manipulation in order to work, i think the blockchain technology can solve a lot of our problems if we use it for what it was created for.
Please leave your idea of Resistance in the comments and lets discuss this in depth
Thanks for reading and feel free to give me a upvote and resteem
DECENTRALIZE IS THE ONLY WAY
