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RE: Things Cryptocurrency Enthusiasts Are Telling You, but You're Probably Ignoring

in #cryptocurrency7 years ago

Centralised exchanges will hopefully become a thing of the past when more decentralised exchanges are up and running such as Kyber and 0x. Centralised exchanges are just too risky because of hacking and they could run with your money whenever they want.

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I hope so. I really do. The challenge, I think, will always be the fiat currency onramps. Governments will continue to try and control currency because it gives them power to wage war. Ideally, we can come together and build systems to meet our non-military needs in open, voluntary ways with effective competition so eventually people will see government (and the democide it causes) as an archaic system of organizing human beings.

The best approach may be to do as much commerce outside of the fiat system as possible. A little friendly agorism never hurt anyone, right?

Exactly, the problem is not trading our coins its exchanging our horrible fiat currencies for it. Once we get enough money into Crypto the governments will not be able to ban fiat to crypto exchanges because their will be to much money in crypto and loss of that money will severely damage the economy.

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