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<blockquote data-quote="JayJuanGee" data-source="post: 1108095" data-attributes="member: 5330">I suppose that I am confused because your post seems to be an attempt at logic that is not really in touch with a large number of material and relevant facts.Bitcoin is used all over the world and expanding, and even if it is not widespread in a consumer sense, there is a large amount of adoption.&nbsp; The same is true for other cryptocurrencies, and generally, they are not being used in day to day transactions.&nbsp;&nbsp; The theme of government regulations comes up a lot, and there are frequently various threats to regulate in some jurisdictions and various attempts at implementing regulations, but there are reversals of those regulatory attempts too.&nbsp; Bitcoin and cryptocurrencies continue to grow, and if you had not noticed, there has been more than a 10x increase in the total crypto market cap in less than a year, and sure some of that market cap is fake and smoke and mirrors, but it adds up to quite more than $100 billion just in the coins - and that is not including the multitude of surrounding investments and infrastructure.In other words, to me it seems as if you are over simplifying how &quot;easy&quot; it would be for any government(s) to wave their magical wand and go &quot;poof&quot; to crypto, and if you ever heard of wack-a-mole, you might hear about that soon, no?I don't want to be patronizing, but I guess I was suggesting that your facts do not seem to support your logic, but you still seem to want to argue whatever facts that you have provided, so in that regard, maybe we can just agree to disagree because it does not seem that we are on the same page in terms of material facts.On the other hand, if some other guy wants to chime in here, to explain in one direction or another, then maybe that could help this threat of government regulations topic that seems to be part of the point you are raising?</blockquote>

[QUOTE="JayJuanGee, post: 1108095, member: 5330"] I suppose that I am confused because your post seems to be an attempt at logic that is not really in touch with a large number of material and relevant facts. Bitcoin is used all over the world and expanding, and even if it is not widespread in a consumer sense, there is a large amount of adoption. The same is true for other cryptocurrencies, and generally, they are not being used in day to day transactions. The theme of government regulations comes up a lot, and there are frequently various threats to regulate in some jurisdictions and various attempts at implementing regulations, but there are reversals of those regulatory attempts too. Bitcoin and cryptocurrencies continue to grow, and if you had not noticed, there has been more than a 10x increase in the total crypto market cap in less than a year, and sure some of that market cap is fake and smoke and mirrors, but it adds up to quite more than $100 billion just in the coins - and that is not including the multitude of surrounding investments and infrastructure. In other words, to me it seems as if you are over simplifying how "easy" it would be for any government(s) to wave their magical wand and go "poof" to crypto, and if you ever heard of wack-a-mole, you might hear about that soon, no? I don't want to be patronizing, but I guess I was suggesting that your facts do not seem to support your logic, but you still seem to want to argue whatever facts that you have provided, so in that regard, maybe we can just agree to disagree because it does not seem that we are on the same page in terms of material facts. On the other hand, if some other guy wants to chime in here, to explain in one direction or another, then maybe that could help this threat of government regulations topic that seems to be part of the point you are raising? [/QUOTE]

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