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The US Government Will Never Ban Crypto. Here's Why

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by COINS NEWS 107 Views

The US Government Will Never Ban Crypto. Here's Why

Decentralized networks make outright bans impossible. But that won't stop US Agencies from raising the friction. A necessary step to gain control.

As a Web3 researcher, I'm afforded a deep look at what drives people who enter the space.

Researchers gain perspectives from:

  • Start-up companies
  • Legacy business
  • Academics
  • Procrastinating public functionaries & writers

Their motives are diverse; however, I've now carried out enough assignments to see an emerging trend, common to all.

This trend shows Govt actions from a different angle. And it's rather dark.

As of February 23, 2023, Bitcoin & Ethereum have cumulatively completed 2,691,440,324 transactions.

BTC Total Txn Count

ETH Total Txn Count

Blockchain transactions are detailed and immutable. The total 2.69B count confers their legitimacy to participants and non-participants alike.

This growing record is becoming history's deepest and most accurate metadata map ever created.

The value of the data will grow into the trillions.

US Govt actions have a single objective: Manage access to blockchain metadata.

Keeping it open and properly recorded is beyond important. All without gatekeepers.

submitted by /u/ajnsd619
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