Ok so I'm genuinely curious. I'm pretty new to crypto

>>3428252
>$4CHN
stopped reading

>>3428278
Pretty ignorant desu

>>3428252
It's """""""decentralized""""""". Your capital gains are realized after every single trade, and it doesn't matter if you keep never cash out. Your capital gains are still realized, and they know.

>>3428252
actually china and america wouldnt really ban it on the long run. they just need time to find new rules how to centralize the decentralized blockchain, so only the rich and powerfull can laundry the money. only problem is they need to do it slowly, else it would be to obvious.

>>3428490
I think what I was getting at was the implication that the value would be independant since it's not linked to any bank or country but with all these dips tied to China it seems like it's still anchored with countries and politics

The people who think Bitcoin is going to be some global currency are delusional, for a few reasons.

More realistically, Bitcoin (or just cryptocurrency in general) will be used internally for a variety of functions (e.g. payment processing). The average person will never need to touch it directly.

>>3428550
Yeah, this is a feasible notion. Blockchain is valuable, and (((they))) will definitely want to find a way to fuck over the rest of us. They just need to slow/halt it whilst they figure out how to make it their's.

>>3429594
Doesn't the US government already own a shit ton of bitcoins? I'm pretty sure price increases are in their best interest.