Is cryptocurrency still relevant?

in #bitcoin6 years ago

Before I answer allow me Most people think there is no way of making profit anymore from cryptocurrencies. I also had that thought too until i heard and tried about CRYPTOBROKER INVESTMENT PLATFORM (www.cryptobroker.store) where i now get good investment returns of my cryptocurrency after 30 days unlike the “Too Good To Be True” fake Ponzi webistes that are flocking around the internet now.

Relevant for what? Speculation? Illicit trades? Tax avoidance?Sadly the speculators have already left the building. Worse, there are services such as Chainalysis and Elliptic that regularly work with law enforcement to identify the people behind the transactions, so illicit activity will be tracked down. Regulators and tax authorities are working with exchanges to identify profits and taxes due. So you actually have to pay taxes.If all you wanted from bitcoin is no longer viable, then you could legitimately argue that bitcoin/crypto is irrelevant.If you believed that value creation is not the exclusive province of governments and see how many governments have pursued policies that have made their fiat currencies a joke, then crypto still holds its promise. Just look at Venezuela, Turkey, Iran, Pakistan, and India for some recent examples of how not to manage monetary policy. Everyone in those countries that holds assets denominated in the local currency is losing big time. Politicians have repeatedly proven themselves incapable of prudent policy and extremely capable of corruption.Crypto takes power away from policitians and dictators.

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https://www.quora.com/Are-Bitcoin-and-other-cryptocurrencies-still-relevant

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