RE: The Peoples Actions Will Determine Whether or Not Cryptocurrencies Are Successful

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The Peoples Actions Will Determine Whether or Not Cryptocurrencies Are Successful

in cryptocurrency •  7 years ago 

Ah, thanks for the info! Yes, I agree wholeheartedly about leaving money in crypto - which does bring other challenges, but ones that I think the people can and will figure out if necessary. Maybe a new standard currency based in crypto - or is the SAT the standard? And perhaps some of the brilliant devs will figure out technical defenses against central authority imposition. Hopefully decentralized internet and exchanges will help with that as well

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Yes, decentralized blockchain exchanges, which are already starting to appear, will make things much more difficult for central authority to keep a lid on things for those who want or need to exchange into fiat.