![fail.jpg](https://cdn.steemitimages.com/DQmWkrsFvuWbrvjbd3WUL2AhwMz4Pn5529s8M64e4FKZgQq/fail.jpg) The government has always tried to regulate crypto. They wanted the bear market to tank the crypto and it did. But the bear did not feel strong enough to bring it all down. Now, the government is concerned about crypto and how it will impact its money in the future. Regulating crypto us tricky because the crypto has some useful features that the current monetary system can adopt, such as fast transactions and automation in the blockchain. However, there are some features such as privacy issues and scamming people, that regulations may and may not be able to prevent at the time. Crypto can be better to provide more people to access to bank-like services but it also attracts scammers to fish targets around. Of course, banning crypto will prevent all possible innovations in the future. What the government will do is quite interesting in the future. ![bmc.jpg](https://cdn.steemitimages.com/DQmbd55yRTLCr33xCTgV3EVagNsSHstoLSHXfWrFvHUyZJE/bmc.jpg) ## ***Check out my new book at [here](https://www.buymeacoffee.com/xuanling1111/extras)*** Support writer [here](https://www.buymeacoffee.com/xuanling1111) or join Medium [here](https://medium.com/@xuanling11/membership). Photo by [Jan Antonin Kolar](https://unsplash.com/es/@jankolar?utm_source=medium&utm_medium=referral) ![Hive divider.gif](https://cdn.steemitimages.com/DQmZgGvu6YXrMNyDb4wVURLV14WNNSYs58R1kY64HNMSmCL/Hive%20divider.gif) *Note: Cross-references of this article have been created by the author and have been cross-referenced on multiple platforms [here](https://linktr.ee/xuanling11). Please reference the resources and credits [here](https://www.xuanling11.com/). Reach out to the authors if you have any questions.* Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@xuanling11/why-the-government-tried-to-regulate-crypto-but-fail)
author | xuanling11 |
---|---|
permlink | why-the-government-tried-to-regulate-crypto-but-fail |
category | hive-167922 |
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ganjafarmer | 0 | 26,886,726,697 | 17.5% | ||
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caladan | 0 | 2,437,097,073 | 21.78% | ||
senorcoconut | 0 | 2,847,837,177 | 5.5% | ||
vintherinvest | 0 | 491,861,372 | 11% | ||
mytechtrail | 0 | 38,363,538,926 | 35% | ||
elderson | 0 | 7,497,194,832 | 8.75% | ||
joannewong | 0 | 973,245,440 | 11% | ||
purefood | 0 | 1,931,729,749 | 22% | ||
jglake | 0 | 5,669,762,456 | 20% | ||
organduo | 0 | 8,099,381,310 | 22% | ||
obsesija | 0 | 6,588,082,650 | 11% | ||
getron | 0 | 1,869,630,898 | 22% | ||
zaxan | 0 | 1,016,154,382 | 11% | ||
steemxp | 0 | 625,725,597 | 11% | ||
shortsegments | 0 | 912,588,523 | 1.1% | ||
gallerani | 0 | 1,306,672,638 | 22% | ||
ireenchew | 0 | 9,010,287,663 | 15.4% | ||
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steemaction | 0 | 140,824,290,566 | 22% | ||
kind.network | 0 | 1,233,712,345 | 35% | ||
ragnarhewins90 | 0 | 490,336,704 | 10% | ||
anonsteve | 0 | 13,497,861,347 | 22% | ||
flyingbolt | 0 | 1,589,510,131 | 22% | ||
apokruphos | 0 | 3,251,826,039 | 1% | ||
edian | 0 | 3,871,528,643 | 22% | ||
megavest | 0 | 58,023,326,778 | 22% | ||
shauner | 0 | 3,834,737,403 | 11% | ||
travelwritemoney | 0 | 7,628,553,941 | 22% | ||
leo.voter | 0 | 19,758,578,395,748 | 22% | ||
leo.curator | 0 | 809,585,482 | 17.6% | ||
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leo.bank | 0 | 553,681,992 | 22% | ||
babytarazkp | 0 | 4,060,152,080 | 40% | ||
asteroids | 0 | 1,988,882,705 | 22% | ||
maddogmike | 0 | 48,240,821,807 | 35% | ||
successchar | 0 | 6,930,208,703 | 35% | ||
pouchon.tribes | 0 | 13,364,339,388 | 16.5% | ||
emeka4 | 0 | 3,728,151,408 | 11% | ||
coinlogic.online | 0 | 3,491,414,875 | 11% | ||
chloem | 0 | 2,934,120,153 | 22% | ||
leotrail | 0 | 761,690,510 | 22% | ||
onestop | 0 | 1,603,885,646 | 11% | ||
zeusflatsak | 0 | 1,886,327,460 | 17.5% | ||
groove-logic | 0 | 1,058,989,630 | 17.5% | ||
leofinance | 0 | 48,188,236,051 | 22% | ||
x9ed1732b | 0 | 5,678,369,897 | 19.8% | ||
thepeakstudio | 0 | 803,038,310 | 35% | ||
hivelist | 0 | 73,543,732,226 | 35% | ||
hivehustlers | 0 | 202,837,739,065 | 70% | ||
beehivetrader | 0 | 1,255,889,872 | 11% | ||
improbableliason | 0 | 1,403,791,005 | 35% | ||
martial.media | 0 | 802,452,993 | 17.5% | ||
adedayoolumide | 0 | 2,552,918,371 | 11% | ||
eddie-earner | 0 | 947,426,920 | 11% | ||
wrapped-leo | 0 | 3,522,835,782 | 22% | ||
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netaterra.leo | 0 | 598,603,320 | 19.8% | ||
pepeymeli | 0 | 595,681,898 | 50% | ||
leo.tokens | 0 | 1,734,184,487 | 22% | ||
rondonshneezy | 0 | 1,531,931,036 | 11% | ||
cielitorojo | 0 | 8,765,705,673 | 11% | ||
solymi | 0 | 9,407,735,836 | 6.6% | ||
aniol77 | 0 | 2,180,104,186 | 100% | ||
bananass | 0 | 541,067,396 | 14.3% | ||
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elgatoshawua | 0 | 2,814,678,430 | 11% | ||
b-leo | 0 | 3,726,315,813 | 22% | ||
creodas | 0 | 888,499,511 | 16.5% | ||
princessbusayo | 0 | 1,040,414,599 | 4.4% | ||
brume7 | 0 | 980,274,672 | 11% | ||
robmojo.leo | 0 | 588,063,999 | 17.6% | ||
hankanon | 0 | 3,006,466,340 | 20% | ||
steentijd | 0 | 4,242,769,774 | 11% | ||
bella76 | 0 | 805,498,147 | 11% | ||
sovstar | 0 | 515,443,574 | 11% | ||
banzafahra | 0 | 1,391,880,298 | 11% | ||
cugel | 0 | 6,466,710,199 | 11% | ||
kushyzee | 0 | 747,868,324 | 11% | ||
njker | 0 | 701,328,952 | 22% | ||
scrubs24 | 0 | 3,256,390,142 | 16.5% | ||
trasto | 0 | 1,233,897,889 | 11% | ||
gejzep | 0 | 11,931,819,263 | 11% | ||
mcsherriff | 0 | 4,115,449,432 | 21.78% | ||
cryptothesis | 0 | 42,616,605,882 | 26% | ||
dagger88 | 0 | 4,861,975,352 | 75% | ||
zeclipse | 0 | 667,976,012 | 22% | ||
saboin.leo | 0 | 146,228,417 | 26% | ||
femcy-willcy | 0 | 1,092,809,049 | 11% | ||
woodathegsd | 0 | 1,900,000,284 | 17.5% | ||
grabapack | 0 | 5,993,357,269 | 11% | ||
henrietta27 | 0 | 617,983,713 | 11% | ||
sydechan | 0 | 1,310,067,192 | 100% | ||
p-leo | 0 | 3,179,403,911 | 22% | ||
khaltok | 0 | 1,881,017,278 | 22% | ||
kam5iz | 0 | 4,525,573,026 | 35% | ||
xleo.voter | 0 | -75,754,641 | -22% | ||
hk-curation | 0 | 1,830,213,640,545 | 100% | ||
inibless | 0 | 719,508,784 | 11% | ||
p-hive | 0 | 4,892,703,194 | 22% | ||
thoth442 | 0 | 772,157,211 | 11% | ||
bnb-hive | 0 | 424,198,786,073 | 22% | ||
specific-leo | 0 | 705,995,442 | 22% | ||
cubdaily | 0 | 3,746,579,395 | 22% |
Innovation will continue regardless of whether certain countries ban crypto, it will simply move to other regions that are crypto-friendly.
author | brennanhm |
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permlink | re-xuanling11-rpn0st |
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The link to the book doesnβt work.
author | cryptothesis |
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category | hive-167922 |
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Thanks for letting me know! Let me correct it!
author | xuanling11 |
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permlink | re-cryptothesis-202324t235747649z |
category | hive-167922 |
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Congratulations @xuanling11! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s) <table><tr><td><img src="https://images.hive.blog/60x60/http://hivebuzz.me/badges/postallweek.png"></td><td>You have been a buzzy bee and published a post every day of the week.</td></tr> </table> <sub>_You can view your badges on [your board](https://hivebuzz.me/@xuanling11) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> **Check out our last posts:** <table><tr><td><a href="/hive-122221/@hivebuzz/pum-202301-delegations"><img src="https://images.hive.blog/64x128/"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202301-delegations">Our Hive Power Delegations to the January PUM Winners</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pud-202302-feedback"><img src="https://images.hive.blog/64x128/https://i.imgur.com/zHjYI1k.jpg"></a></td><td><a href="/hive-122221/@hivebuzz/pud-202302-feedback">Feedback from the February Hive Power Up Day</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pum-202301-result"><img src="https://images.hive.blog/64x128/https://i.imgur.com/mzwqdSL.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202301-result">Hive Power Up Month Challenge - January 2023 Winners List</a></td></tr><tr><td><a href="/hive-139531/@hivebuzz/proposal-2324"><img src="https://images.hive.blog/64x128/https://i.imgur.com/RNIZ1N6.png"></a></td><td><a href="/hive-139531/@hivebuzz/proposal-2324">The Hive Gamification Proposal</a></td></tr></table> ###### Support the HiveBuzz project. [Vote](https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22248%22%5D&approve=true) for [our proposal](https://peakd.com/me/proposals/248)!
author | hivebuzz |
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permlink | notify-xuanling11-20230206t003555 |
category | hive-167922 |
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By the way, book link is here in case you want to see https://www.buymeacoffee.com/xuanling1111/extras
author | xuanling11 |
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permlink | re-xuanling11-202325t0153328z |
category | hive-167922 |
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