- Apr 10, 2020
- 3,303
- 866
Is it possible that we have some regulation soon in US or other places putting an end to shitcoins like safemoon ?
If the government rules that the crypto exchange businesses operating in their country must abide by certain government rules, then they must. This is called regulation.You can't regulate crypto. Accept it as a fact.
All you can do is to educate those around you and protect yourselves.
Most of the shitcoins operate on a decentralized exchange. You can't stop that.If the government rules that the crypto exchange businesses operating in their country must abide by certain government rules, then they must. This is called regulation.
Well, you can...find other ways:You can't regulate crypto. Accept it as a fact.
All you can do is to educate those around you and protect yourselves.

Decentralized exchanges are not bound to a domain. Anyone with the script can open the exchange on any computer and transact. An extra feature is that all this trading is anonymous. You can pay cash or work for any crypto accepted in the platform. You literally and technically can't stop it.Well, you can...find other ways:
- Cash advance for CC fees
- Block being able to deposit money to specific sites as they are classified as a casino with no license or a security without one etc...
This reminds me of the videos I watched in the past few days with refund scammers being scammed , etc . ... But there it was mainly old people that fall for it. What is your excuse here?
If you are greedy and get fucked :
View attachment 173361
My point is you have to exchange currency to crypto this is where they can start blocking any sort of money transfer.Decentralized exchanges are not bound to a domain. Anyone with the script can open the exchange on any computer and transact. An extra feature is that all this trading is anonymous. You can pay cash or work for any crypto accepted in the platform. You literally and technically can't stop it.
I have a feeling you don't understand how powerful and scary blockchains are. It's both a miracle and a curse.
You can pay cash or work for any crypto accepted in the platform.
You don't have to. I already mentioned 2 optionsMy point is you have to exchange currency to crypto this is where they can start blocking any sort of money transfer.
No, it's notIs it possible that we have some regulation soon in US or other places putting an end to shitcoins like safemoon ?
If you sell your house for any crypto you deserve to lose it.I'm not sure who said "Outlawing steak for adults because a baby can't chew"
If you sell your house to buy safemoon, maybe you deserve to lose your money
CZ (ceo of binance) did exactly that and see now where he has reached.If you sell your house for any crypto you deserve to lose it.
Trust Wallet.Where can I buy Safemoon?