Great post and I totally agree.
In fact, I would go one step further and say that cryptocurrency will NEVER achieve its full potential because of the crypto community. Not everyone but a large number of people including many ignorant authority figures in the space.
The problem is REGULATION.
So many people are desperate for regulation and believe this is the next evolutionary step for cryptocurrency. It's beyond stupidity.
Governments around the world are only interested in blockchain technology to give themselves more power and control over society.
They are concerned about cryptocurrencies because they understand the potential of this technology far more than 95% of this community. However, they may be concerned but they are by no means worried because they see the number of people crying for their help.
I wrote an article on this a few days ago that explains the ignorance and stupidity of the crypto community who have no understanding of what regulation means. If your one of the people preaching regulation, I highly recommend you read this article or piss off...
(Sorry to swear, I'm just getting fed up with people not understanding the basic ideology behind crypto and thinking that a government is anything but your enemy. WAKE UP FFS)
https://steemit.com/blockchain/@richreeve/regulation-you-must-have-a-few-blocks-short-of-a-chain
I'm definitely not calling for regulation. It probably is going to happen, but I'd say cryptocurrency is going to keep evolving to move through the cracks. I'll have a read.
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Btw, I wasn't implying you were calling for regulation and it's nice to hear your not. Your in a small minority of sane people. HaHa.
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I've given this a lot of thought and the only thing I think regulation will do is force KYC for tax and tracking and to prevent opportunities for the poor. Beyond that, there isn't much effect on the average user that decentralization and anonymity can't fix. Hopefully, the masses will realise they have a choice to police themselves or not.
I think it's important that people start to create different digital identities from their physical one. If people did this, it would be so powerful.
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