You have written this post in a very good way. I really appreciate you way of expressing the ideas about the topic of this week.

Bankruptcy in the cryptocurrencies is a term used when there is a complete seize of the funds that are present in the wallet of an individual. Liquidation of assets in the margin trading could be a type of the bankruptcy.

So whenever there is a bankruptcy in the crypto world there is no assurance of help from the government at all. With government not backing cryptocurrency or hasn’t accepted it yet as a legal tender doesn’t make it outdated or unstable.

Yes brother, you have said very truely that there is no back up for the cryptocurrencies by the government and the main reason behind this is the anonymous nature of the cryptocurrencies technology.

Thanks a lot for sharing your Quality post with us and wishing you a very good luck for the contest 🤞.