@MrKelp
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What are your hopes for BCH? Low transactions, less government control? More global freedom? I feel like governments will destroy BCH. What will prevent them from doing it? Who has answers? ☆☆☆ #BitcoinCash
7 comments
Ye a little common sense is the perfect answer, you cannot destroy BCH or any cryptocurrency that is on a blockchain without shutting down the entire internet, to do this would include elites losing billions if not trillions in financial investments, shares and others which is never going to happen, that's like throwing a grenade into a stream on someone else's land trying to create a river on your own land, governments can never control crypto, they can try regulate, criminalize or outlaw, but that will aid digital currency growth and further the destruction of the failed fiat system
Maybe not destroy, but whats to prevent regulating it? We all aren't going to be perfectly anonymous when using it.
regulating would suggest otherwise, you may believe you would be anonymous, as you may believe you current online activity is anonymous, but regulation will require you to provide private information on your health, Identity, location, banking, phone number, email and personal home address, this is what regulation is, regulations are unconstitutional preventing individuals from earning any income without paying illegal taxes, which are against all human rights, only governments that fear the freedom of Cryptocurrencies would even suggest such nonsense , this is why government have failed in the past and will inevitably fail in the future, Greed is a factor that will never be tolerated, you cannot continue to take from the people and expect things to be OK
We are already being taxed on Crypto in the US and must report it.
yes that is a sad fact that should never have been tolerated unfortunately, those of us that only use decentralized crypto in the west will never accept such governmental or dear I say criminal interference in our affairs, the way to combat this is to stop using centralized apps or services in your country that pay taxes to your government, sooner or later they will realize that they are losing billions if not trillions in fiat currency being transferred to cryptocurrency because of their illegal criminal actions, just step back from it all for one second and just think, what do governments actually do to secure your crypto investments, That's it sweet FA, so why on earth should they benefit from your profits, do you see them regulating the billions elites offshore investments each year, NO YOU DON'T, ask yourself why, because they get paid not to question where the money of the rich is banked or invested, only where the naive masses invest or hold there currencies.
Great point. Even if we in US moved daily expenditures to decentralized currency, the vendors that we buy from are still charging and paying tax as well. The transactions are tracked, stored, and reported. So how do you get around it without committing a crime? As far as I know, you don't. So what are we left with, what do we do?
you need to find decentralized exchanges that only charge very little for your services but also don't tax you or make you pay taxes on your exchanges, It is very difficult to find services you can trust online and even harder to find people you can trust, may I suggest using a prepaid privacy based credit card that you can use to purchase crypto currencies online or maybe use a BTC or BCH ATM to purchase your crypto directly to your anonymous wallet, If I can help you with this by providing online sources of information, do not hesitate to ask, there are many services that will allow you to utilize crypto by paying cash at ATMs, you can find you local Bitcoin ATMs by using this Map https://map.bitcoin.com/ if you would like further information on free privacy based credit cards or how best to decentralize, just send me a PM I would be happy to help another crypto enthusiast break free from illegal governmental chains. I only ask that once you have discovered cryptocurrency freedom that your share it with your friends and family. you can send me a private PM directly at https://www.torum.com/u/qjax01 and earn a little extra XTM while doing so, I hope this is helpful, just know I will never ask for any financial benefits for my assistance, I do this purely for the love of freedom and cyrptocurrency