Posts

discussion: can the crypto-market be illegal in future?

avatar of @tambircanavar
25
@tambircanavar
·
·
0 views
·
1 min read

Hello Leo-family

In this post I want to discuss the following question:
"Will the central governments ever come to an agreement to declare any non-governmental currencies/tokens illegal, if so what will happen?"

As the worst year of the modern life has ended many central/federal banks are issuing their own cryptocurrencies. To me this does not sound like good news because by nature governments do not like to compete. Using their executive and legislative powers governments can change this whole system. They can assign networks as legal or illegal depending on their interest. First of all if this happens it will not be the end of the crypto-market. They will most probably still be traded in darknet with some adjustments to price dynamics.

I am hoping this post will provide useful information about this potential problem to crypto-beginners like myself.

Thank you.

Posted Using LeoFinance Beta