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RE: Governments are well aware that a ban on cryptocurrencies is counterproductive

in #bitcoin7 years ago

They can only control it and tax it if we allow them to. Crypto is designed and meant to free us from the fiat currency ponzy scheme we are trapped in. Yet people are declaring their crypto earnings and being taxed on them. By doing this they have condemned it to be controlled by the central bankers and harder for those new to crypto to break themselves free of the fiat currency ponzy scheme. They'll come to crypto to escape and find that it's not what those in crypto claim it is.