Regulators use financial The Slow Criminalization of Peer-to-Peer Transfersinstitutions such as banks to control the flow of wealth. The digital exchange companies that serve as “trusted third parties” are the main control points for bitcoin. That’s the point at which privacy is stripped from users, and the transfer of wealth can be closely monitored. For regulations to work, therefore, users must be herded toward trusted third parties who function as an arm of the government.
Because peer-to-peer exchanges sidestep digital exchanges, the former are slowly being criminalized.
Read more here: https://news.bitcoin.com/the-slow-criminalization-of-peer-to-peer-transfers/
Dying empires always use repression to retain power. Doesn't mean they don't lose and die in the end.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thank you for your blog
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit