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Re: oncifuture post# 20936

Tuesday, 04/20/2021 3:33:37 PM

Tuesday, April 20, 2021 3:33:37 PM

Post# of 57912
oncifuture, what are you smoking?

BTC will never be connected or controlled by ANY govt, let alone the US Fed.


All governments want taxation and preventing as much money laundering as possible. Bitcoin is already too far entrenched to be controlled by any one country. However, each country will be able to regulate (and therefor TAX) the exchanges within their borders. It is already happening in the US. By regulating the Exchanges, they will also be able to minimize money laundering by forcing the exchanges to "KYC" (know your client) just like they do with stock exchanges.

Eventually, all major countries will have their own distributed digital currency but the popularity of many of the current crypto's (BTC, LTC, XRP, LINK, ETH, Etc.) will likely always exist.

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