Crypto World Has Been Turning Into Ponzi Scheme
As a group of 15 consortium members from seven European countries initiates a project to curtail criminals and attackers from using Blockchain technology, the head of Aidos coin (ADK) believes the law enforcement initiative would only target dark market operators. However, in targeting illegal market operators, the initiative would not be able to stop cryptocurrencies being used across the market.
Some of the consortium members are AIT Austrian Institute of Technology GmbH, Coblue Cybersecurity (Netherlands), Countercraft S.L. (Spain), Universität Innsbruck (Austria), INTERPOL (International Criminal Police Organization), Karlsruhe Institute of Technology (Germany), the National Bureau of Investigation (Finland), University College London (UK) and VICOMTECH-IK4 (Spain).
“Since coins are not registered or regulated, they are decentralized. Law enforcement can never shut them down,” says Ricardo Badoer, an entrepreneur in the finance and construction sectors. He believes the crypto world has been turning into a Ponzi scheme - especially in the last two years - where coin developers release half finished coins just to make fast money.
Read more here: https://cointelegraph.com/news/crypto-world-has-been-turning-into-ponzi-scheme-opinion
Bitcoin and blockchain can't be stopped. They are going to take over the world. For sure.
Does not mean they will not try ... I see the exchanges as a weak spot that could be taken over so we need to watch there..
agreed!
But to really stop the bitcoin they will either have to shut down the internet or to turn off the power. Which sill not happen.
We can deal with the shutting down of the internet lol
https://steemit.com/meshnet/@thelifeofbrian/create-decentralized-cryptocurrency-powered-isps
And we are 😈