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RE: An Editorial on Cryptocurrencies
The only thing bad about crypto is:
their anonymity and unregulated nature have attracted even terrorists and syndicates.
But then again paper money has been used for the same reasons for years.
I like your previous post on taxes as well since we all know many people from the government want:
- to tax crypto
- to discourage people from using it so they/ wealthy business men stay on top
I believe that's more of a concern for all of us. What to do when they tax everyone.
So far Crypto is becoming more stronger, but who knows if it will crash.
Hope not.
upvoted and resteemed
True. Any form of money can be used for good or bad. :)
Those who are saying crypto has attracted terrorism have "terrorist minds" according to "psychologist" pinay hehehe ako hindi ko kasi maisip pano gamitin yun sa illegal kasi dumadaan ako sa Coinsph may selfie-verification etc. Kung tutuusin mas mahigpit pa nga Coinsph, mga banks ba may selfie-verifications na? Sa Unionbank EON lang ako nagsselfie eh.
I only use pinoybitcoinexchange.com for small amounts lalo if need ko cellphone reload minsan hindi available sa coinsph. For me parang SmartPadala Center lang ang pinoybitcoinexchange maliliit na negosyo di naman yata required SEC registered unlike ng Coinsph na Bitcoin Wallet PROVIDER pwede magtransact up to P400,000.00 daily only if your address is verified. (^_^)
Kung kinokonek nila crypto sa terrorism, eh di ganun din dapat sinasabi nila sa PayPal kasi similar lang yun. :)
Toots naman. Pinoybitcoinexchange pang load ng cp. Ako dyan lang sa botica sa may labasan namin ako nagpapa load. May question ako. Can you buy bitcoin tapos bayaran ng cash? Parang over the counter transaction. Or do you have to use exchanges like coin.ph? Kasi they say cryptos are being used to launder money. Drug money, ransom money, funds to support illegal activities. Hindi ko lang alam papaano except if the syndicates purchase the cryptos in cash. Kung sa mga banks kasi or mga exchanges mabibisto sila.
Magagawa lang po yun kung may kasabwat na gaya kong may unlimited cash in/out sa Coinsph. Kunwari kayo terorista bili kayo thru me P1M cash :-D pero ako naman maqquestion nyan pano if inimbistagahan ako saan galing at saan pumupunta funds ko wala pa rin lusot paano ko yun ijjustify ako makakatay :-D
Ewan ko lang kung may iba pang way. Hindi kasi ako terrorist/sindikato kaya di ko maisip kung paano. Nakakasabi nun yung may ganung pag-iisip. :-D
Kaya nga. Sinasabi lang ng BSP na ginagamit ng mga terrorists at mga syndikato pero hindi naman nila sinasabi kung papaano. Bottom line is they do not like people dealing with cryptos because they cannot control it. Sinasabi nila na magcacrash ang crypto and people will be losing hard earned money. Eh ganun din naman ang stock market pero hindi nila binabawalan pumasok dito kahit sino. Papaano natatax nila ang mga transaction dito. Lahat ng buy at sell may kabig sila kahit lugi ang nagbenta. Wala silang pakialam. Ganun din ang casino. Everytime you win ang bibigay sa iyo na pera less na ng tax. Eh ang crypto? Pag nagcashout si @pinay ng 400k parang tubig na lang na dumaan sa kamay nila ang makukuha nila. Wala. : )
Kung sa pinoybitcoinexchange naman, wala nga account verification dun at pwede buy/sell na walang account pero pay to PayMaya ko eh verified din PayMaya ko kasi hindi rin pwede magwithdraw sa ATM if unverified at may limit din so PayMaya Visa Card masisilip kung ilan debit/credit at kung saan galing funds. :)
Tamad po kasi ako lumabas labas kaya halos lahat na ginagawa ko online pati pagbili flour sa Lazada na PayPal payment. Pag pumasok online earnings sa PayPal or PayMaya pwede na ako magreload and buy groceries online. 😂😂😂
Yung Visa Prepaid Cards ko po (PayMaya at Unionbank EON) ordered ko rin po online PayPal payment delivered sa house inactivate and nagpicture na lang po sa android app. :-D :-D :-D
Yung EON maganda wala na password mag access account sa mobile app mag "beautiful eyes" na lang. Ewan kung may makagaya pa ng "beautiful eyes" ko para manghack hahaha (^_^)
You may still make a good businesswoman. Thanks for your comment and don't worry. Crypto is here to stay just like the motorcar when it was first invented. Most prominent people, and even politicians, said nothing can replace the horse drawn vehicle and that the motorcar will die a natural death.