I wrote this on Twitter not long ago,
I think there are 3 types of government reaction to blockchains,
- Transparent govs that will embrace open and public blockchains.
- Govs with things to hide that will clamp down on open blockchains.
- Pretentious govs that create their own centralized blockchains.
What is yours?
Take my vote, sir. That's completely accurate and I happen to live in a country with the third type of government reaction to blockchains: Venezuela.
Currently, they are trying to implement a cryptocoin named 'Petro' (claiming its value is supported by our huge petroleum and minerals reserves) but it has had some fails in the pre-sale that is almost impossible to feel confident buying it. For example, one can easily fool the KYC system. So, I'm not trusting that cryptoscam.
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Thank you for shareing! It's really great to hear everyone's experiences!
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It's my pleasure to share it!
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Ha, great summary! Thanks!
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