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RE: Why I agree with Donald Trump on the ban of the fake "cryptocurrency" backed by Venezuela
There are many Yes or No for this act of Donald Trump...At the moment I don't know the origins of the move...to be clear with the "behind curtain reason"....
Competition between governments to be honest. Still, the US market is much more important in terms of the amount of money which can flow in so if you aren't a US citizen, care only about the price, and don't want a crypto recession, then do not support scam crypto currencies like this petro.
The only true cryptocurencies are the ones which do not have any backing by any nation state. The whole point of cryptocurrencies is for people who don't trust the nation state currencies for whatever reason. The whole idea behind decentralization is to reduce political influence and remove the state agenda from the token.