> It's all political IMO. The real value in crypto is having a currency that isn't subjected to the whims of governments and the people that control monetary policy alongside the massive payment networks like Visa and MasterCard. Controlling the flow of money allows pseudo bans on things the people that control those systems don't like.
What a surprise that the government isn't about to make it convenient to evade its authority.
> Once that's done crypto currency doesn't have much value to anyone.
It already doesn't. The lofty early promises have long fallen flat and all that is left is a game of hot potato. It's not utility, it's just a lottery, which economically speaking is negative utility.
What a surprise that the government isn't about to make it convenient to evade its authority.
> Once that's done crypto currency doesn't have much value to anyone.
It already doesn't. The lofty early promises have long fallen flat and all that is left is a game of hot potato. It's not utility, it's just a lottery, which economically speaking is negative utility.