10-04-2021, 05:46 PM
People in power don't want Crypto to have a mass adoption due to the fact that all t
<!-- SC_OFF --><div class="md"><p>Reading through news about Mt.gox scammer's wallet becomes active again after 7 years of being dormant and how Opensea's head of product got caught buying NFT with burner account and resale it higher by featuring it on front page really shows the beauty of crypto.</p> <p>Every single transaction in crypto is made public and everyone can see. If there is a mass adoption and government adoption. We can submit our tax fillings on the blockchain and we can see where the money will go towards, either Infrastructure wallet, education wallet, healthcare wallet, etc. Why some people don't want this to happen? because they wont be able to swindle or allocate the money into their account without crypto detectives finding them out. It is way way way easier to launder and manipulate people's money when the record of it is made private rather than public. There's my argument and thank you for coming to my TED talk.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/LebornVsMikeShinoda"> /u/LebornVsMikeShinoda </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q0vzca/people_in_power_dont_want_crypto_to_have_a_mass/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q0vzca/people_in_power_dont_want_crypto_to_have_a_mass/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Reading through news about Mt.gox scammer's wallet becomes active again after 7 years of being dormant and how Opensea's head of product got caught buying NFT with burner account and resale it higher by featuring it on front page really shows the beauty of crypto.</p> <p>Every single transaction in crypto is made public and everyone can see. If there is a mass adoption and government adoption. We can submit our tax fillings on the blockchain and we can see where the money will go towards, either Infrastructure wallet, education wallet, healthcare wallet, etc. Why some people don't want this to happen? because they wont be able to swindle or allocate the money into their account without crypto detectives finding them out. It is way way way easier to launder and manipulate people's money when the record of it is made private rather than public. There's my argument and thank you for coming to my TED talk.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/LebornVsMikeShinoda"> /u/LebornVsMikeShinoda </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q0vzca/people_in_power_dont_want_crypto_to_have_a_mass/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q0vzca/people_in_power_dont_want_crypto_to_have_a_mass/">[comments]</a></span>Kind Regards R