First Goldman Sachs calls BITCOIN a fraud, a scam . Then, it has one of its start up companies CIRCLE buy crypto currency trading exchange POLONEIX. Then, it funds it’s own $100 MILLION scam token with the United States government called stable coin ...US DC !! Now it freezes legacy accounts that have been in place while they were calling bitcoin a fraud. They think that it is OK to hold hostage funds within my account, my money, my crypto, my hard earned currency, all while just joining The game with the government and saying we’re doing this to protect you !!
It is amazing that we as a society have excepted and become a custom to agencies and establishments prying into what was once private. So Decentralized crypto currency exchanges such as BITSHARES , KOMODO, ZRK ox, Will see their price skyrocket along with a huge inflow of trading accounts and capital, because you will not have to supply name address, Social Security number, credit score, blood type, fingerprints, as well as empty all skeletons from closet .
I have no problem paying taxes on income from crypto‘s. It is just in the way they go about obtaining my sensitive and private data ! And also how do they secure, encrypt, my personal and private data from being stolen.
Places far from America such as India have started to put in place of the framework in order to have society go totally cashless ! To digitalize or currency everywhere so that the huge powerful ethic less governments worldwide can track, your every move. Also governments want all cash in society to disappear totally this will make any and all transactions taxable! The block chain when implemented using a centralized currency Would reveal every financial transaction to the government i.e. stable coin !!