I have to admit Although I'm new to crypto currency I've heard of bitcoin when it was at 400.00 or so. But I got into the pot stock frenzy hoping to cash in big, and well that went up in smoke!
My point being crypto is not regulated "yet".
But in the past years, we all been hearing of a New World Order, one monetary system, and now a digital system. So if they control your internet, and the government sees fit to confiscate or infiltrate the computer servers, will one lose out on the crypto? Meaning taxation and such.
Ahhhh so many questions then I see this article, its backing up bitcoin and Eterium but warns of things happening and things that could happen.
I know everyone likes their privacy, basically buying or selling using a crypto coin leaves no regulated trail. Company's such as coinbase act more like a bank and will report, others don't ask for as much info and are more private for individuals.
People outside the US have more options, for reputable 3rd party systems to buy crypto.
So my point I guess is being weary about many alt coins and scams, Bitcoin and Eterium gets good reviews in this article, any thoughts???
The Rise of Cryptocurrency Ponzi Schemes - The Atlantic https://www.theatlantic.com/technology/archive/2017/05/cryptocurrency-ponzi-schemes/528624/