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Executive order could make cryptocurrency the government-controlled digital currency
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[QUOTE="Flow-er, post: 237812, member: 71012"] The executive orders would be in the form of regulations and this will seriously affect the cryptocurrency features as a decentralised platform. The logic behind the blockchain technology may be forfeited. It is apparent that the majority of countries want to be a part of the cryptocurrency space. Many bitcoin whales have negative thoughts over cryptocurrency regulations because they do not want the government to interfere with their digital assets. The decentralised nature of bitcoin is one of the key reasons why most financial investors have switched to it. You will have the complete control over your cryptocurrency holdings. Nobody will tell you how to use your digital assets if you use cryptocurrencies. You will have complete control over your assets. This is one of the main reasons why one should be very wary of how the government handles cryptocurrency. Cryptocurrency regulations are all over the news these days, and it appears that the skeptics are finally realizing that a ban isn't the best option for cryptocurrency. Controlling it rather than banning it is the greatest solution right now. This is a strong indicator that the majority of the government is considering regulating cryptocurrencies because of the investment opportunities. The example of El Salvador will further bolster the case for cryptocurrency adoption by the majority of countries. [/QUOTE]
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Executive order could make cryptocurrency the government-controlled digital currency
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