Can We still able to enjoy Decentralized crypto investment ?

[Sincerem]

Hmmm. But what if we are using a cryptocurrency exchanges such as trust wallet do you really think it is possible for them to monitor every transaction going on like exchanges ?

Trustwallet doesn't require it's users to go through KYC verification process. So, it wouldn't be possible for the government to keep in check of the activities around that wallet.

 

[Sotherefore]

Ok , so what if a particular exchanges refused to allowed government to monitor every transaction that is going on in the exchanges I hope the government will ban them from operating in the country. right ?

 

[Immilash]

That's true. Peer to peer is newest way of making transactions especially for the countries that disabled cryptocurrency to Fiat currency.

 

[greenie]

Bitcoin, the first crypto currency, and later litecoin and ripple all were launched to ease fund transfer electronically with ease. But since currencies started gaining value, people started using them as digital assets for investments.

 

[Justin]

Decentralized means no on has the control. The rise of crypto as money and also as a commodity increased because it is completely decentralized. Since crypto is decentralized anyone can create through the process of mining.

 

[Smiles20]

There are a lot of arguments that are currently coming up about the dangers of cryptocurrency and how negatively it affect the economy. I believe it is just a matter of time before people start to find their feet.

 

[Gandiba]

There are a lot of negativity surrounding cryptocurrencies , especially with regards to how the media is presenting it, but the fact is that there is a lot of people who are enthusiastic about it

 

[James]

We will have great benefits of decentralized crypto exchange as it will make transfer smooth but have some risk involved in it like fraud and scams which may stop people to doing it

 

[Sotherefore]

Cryptocurrency has been of a great benefit to so many people. Decentralization in cryptocurrency makes cryptocurrency more private , it can't be controlled by any government of the world.

 

[Sincerem]

Normally one of the most greatest characteristic of cryptocurrency is decentralization. Even though the government might ban its citizen in some countries from investing in cryptocurrency , but anyone who invest in cryptocurrency will have full control of his or her asset and does not pass through a third party.

 

[Chibson]

The regulation will mostly affect centralised exchanges because if decentralized exchanges are regulated, then anonymous nature of cryptocurrency has been defeated. There are some countries that placed tax in cryptocurrencies and I think in this scenario the decentralized nature is not defeated.

 

[Ononivami]

It is still very possible to enjoy decentralized cryptocurrency investment because cryptocurrency is built on blockchain technology that is decentralized and cannot be tampered with.

 

[Chibson]

One of the major reasons a lot of people invest in cryptocurrency is because it is decentralized and your transaction is anonymous in most cases.I am thinking maybe in the nearest future the government would probably try as much as possible to regulate it which may be a bad news the some.

 

[Sincerem]

Cryptocurrency is decentralized in nature. Regulation of cryptocurrency does not make it centralized , a lot of people are still using it privately without any trace or transaction of any activities going on in your crypto wallets.

 

[tyrim88]

One of the things any government can do concerning the issue of cryptocurency is that it can only place a ban on the official financial channel but cannot stop the crptocurency market trade because it is decentralised.

 

[Potuse]

The only thing that people do not understand is that regulation of the cryptocurrency does not make it a centralised system. The cryptocurrency is designed with the blockchain technology which cannot be altered by the third party.

 

[Smiles20]

It highly depends on what the people want to be honest. I believe that if people get to know about how blockchain technology can help them then they are going to push the government to adopt it.

 

[Branker]

It is very easy to buy even bitcoin anonymously - it is enough to use anonymous exchanges that do not require the use of personal data. For example, Сrypton exchange from the Utopia p2p project https://crp.is/ . This is an anonymous exchange that guarantees data security and where you can buy not only bitcoins, but also, for example, monero.

 

[Syldan]

Actually cryptocurrency investment has been decentralized not even today and I believe it will continue for it own good because when it's centralized, slot of people will be discovered to invest.

Cryptocurrencies will loose it's decentralized nature gradually in the coming years as the government behind to step in into the game. This is inevitable

Actually the decentralized nature of cryptocurrency will come to an end definitely when the government insists stepping into the game but it's also at it success risk because people will be discouraged to invest.

 

[Setho]

This is something that still remains a very big dream but then a lot of people need to understand the concept of cryptocurrency and how it can help their daily life so that we can push it.