Cryptocurrency Deregulations

Cryptocurrency popularity is due to the fact that the system is devoted to anonymity amongst the users and that the “system” or government does not regulate the currency. Recently, we have seen a spike in Bitcoin and other cryptocurrencies after Coinbase went public a few days ago and it will continue to rise along with other currencies since anyone can purchase variable cryptocurrencies interchangeable now due to Coinbase. It seemingly appears that this will be new currency and even America and other nations such as China are in the process of creating their own virtual currency.

Many Americans do not know that the Dollar is based upon trust and not gold, in fact many people do not know that gold is not even natural to Earth. Anyways, like the Dollar and other currencies this virtual currency holds more promise to this generation because it is their way of not being controlled or limited by any systematic rules and that is appealing especially on the “Dark Web”. But the truth is many do not know the day is coming for Bitcoin and other Cryptocurrencies to become lesser value or of none over time and it will come when countries develop a system to organize a way to monitor these Cryptocurrencies and it will happen and the minute it does these currencies will become of a lesser value and despite what the various owners say it is possible to monitor all the transactions and usage of them.