I used to drink out of styrofoam cups as a kid. Then one day they disappeared. I’ve traveled to forty countries in the past decade. Aside from America, I haven’t seen a styrofoam cup since, because nations just banned them.

Crypto prices recently plummeted after China announced its Bitcoin ban.

This is just the start.

Don’t think other countries won’t follow suit, especially as they launch their own national surveillance currencies.

It will be in their best interest to make crypto trading illegal.

And remember, you don’t have to directly go after BTC and ETH to hurt them irreparably. You just need to make it illegal for your citizens to own them. You don’t have to shut down McDonald’s to cripple McDonald’s — you just have to make it illegal to eat at McDonald’s.

As we enter the age of Central Bank Digital Currencies (CBDCs — programmable and trackable surveillance money), we’ll see several hundred countries become direct competitors with BTC and ETH.

Never underestimate the violent lengths to which governments are willing to go to retain power. Bitcoin’s market cap typically hovers around a trillion dollars, and ETH somewhere around half that. The USA’s GDP is over $20+ trillion, and it’s backed by the most lethal military in human history. If crypto becomes an economic Thucydides Trap, don’t expect America (the modern Sparta) to roll over and die. In fact, don’t expect any corporate-sponsored nation to surrender. Expect them to play extremely dirty.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://medium.com/surviving-tomorrow/bitcoin-and-ethereum-are-dead-and-their-honest-investors-know-it-a36ee97df89d?source=rss——-8—————–cryptocurrency