Big money, they kind that's to big to fail in other words, has bought into crypto. It's being co-opted. It still has advantages, in that it is "free speech money", for now at least.
BTW, the big exchanges have been co-opted for years, by handing over your data to the IRS.
Interesting shift in the anti-crypto arguments. It's like they forgot they said it was all a ponzi scheme for suckers and worthless and you should buy muh gold and AR-15s. Funny, because anybody with any sense diversifies and has gold/silver/guns/food AND crypto.
And no, I'm not referring to any one person in particular.
Nothing could stop you from ignoring any state regulations about crypto. Suddenly, you don't really need any exchanges or banks to use any independent crypto. AFAIK no any bank/government established crypto gain any popularity ever, despite their enormous efforts.
Crypto is just a technology, nothing more, and how and for what purpose you use it, do you obey state regulations or not, is only on your own. While there are two people who agree to use crypto technology as a mean of exchange - nothing could be done about it by government or any other authority.
Totally!
Well, except for banning it, devaluating it, blocking the protocol and use of it, prosecuting anyone who violates those laws by stiff financial penalty which MUST be paid in the currency of their choosing.
But aside from all that (and SO much more), there's totally nothing they can do! It's untouchable!
Who cares? They banned torrents, so what? Torrents works perfectly being "banned".
You can't devaluate something when you don't control emission. You could only play on stocks but it is temporary and risky thing.
Who cares? In Russia a lot of things are blocked. Nobody cares. I don't even checked if conspiracies.win is blocked in Russia - I don't care about it at all. I'm much smarter than that law-writing dumbfucks. They write stupid laws, I completely ignore them. Some kind of parity.
Ignore that laws. There are no any way they could find out that you have some crypto or use it for payments if you don't want to. It's up to you - be law-abiding and give up everyting you have by your own will, or just ignore their laws and tell nothing.
Ignore the laws, don't pay penalties and taxes, what is the problem? If you want to play by their rules - it is only your own choice.
It depends on where you live. If you use torrent protocol (and no vpn), you are automatically flagged and usually contacted by your isp for piracy and litigation. Many peoples lives have been ruined. Torrent still exists, but using it more or less immediately flags you - and vpn's are also not "your friends".
You can by exchange rate. Those are not set by "the market" my friend, and when the regulations hit - that exchange market will be equally controlled as all others are for financial fraud/theft purposes.
Bits are only worth anything because these governments allow them to be. But it doubtful that will go on for much longer (as this is clearly the prelude to).
It is our duty to ignore unjust and illegal laws, in my country - but another saying in my country is "tell it to the judge" - and unfortunately that one trumps our liberties and laws :(
They take all your assets, go after family members for the debt, and/or throw your ass in prison [rape tank]. Not a good time :(
so you are an idiot. Idiots should pay. Use VPN or other things to not allow them to find you. As I told, it is completely up to you, whether to allow them to know that you doing something they don't like.
It is an illusion. They force you to think that some sheets of paper or digits in bank account somehow differ and more important than some other objects you agreed with your pals to use as a mean of exchnage. Quit that deadloop. Only your skills, labor, knowledge and things you own have real significance. Money is nothing, it is just a tool to make life easier. You could use anything you want as money. And state currency in any form should be the last choice in current times.
With crypto there are no any way to figure out that it is you, who own or use crypto, unless you allow them to do it. Just don't allow them to do it and they will not take your assets because tey would not know that it is your assets have to be taken.
This will only work if it's legal, otherwise there won't be any exchange rate to manipulate. Funny how anti-crypto people always change the narrative. You can't both have the cake and eat it. 🤡