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Anti-Crypto Regulation No Country will dare to organize a Poll for Bitcoin (BTC)

Anti-Crypto Regulation No Country will dare to organize a Poll for Bitcoin (BTC)

Community Trust ScoreVerified

80%
Real
Verified20 votes
Updated 4 years ago

Coin Bureau (guy.eth) Shared: Has anyone seen polling in the US on some of this anti crypto legislation? Would be interested to see what the general population thinks of them

COMMUNITY RESPONSE: I live in the U.S. but confess I haven’t seen this poll.  People don’t like change. Without proper education about Bitcoin and Altcoins, the population will resist, and the polls won’t be in our favor.

Very few are concerned about polls related to cryptocurrency legislation as many are yet to understand crypto.  However, the only polls that matter are the ones on election night. If there are there will be lot of them willing to support crypto with their vote in the next election.  No country will dare to organize a poll for cryptocurrency legislation.

There is a concentrated tech-savvy or tech-curious population in certain parts of the US.  There are other areas which are a Hilly Billy nation. So, unless this survey about cryptocurrency or bitcoin legislation is everywhere the results will be skewed.`

About 1 in 5 U.S. adults believe there’s not enough regulation on cryptocurrency whether Bitcoin or altcoin.  However, the majority of the public still are not sure what to think about the oversight of digital assets.

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The general consensus is that the government should stay out of cryptocurrency and Bitcoin.  Because, everything they seem to touch goes absolutely to shit.  Most of the US population do not have an idea about what it is – there is a lot of education that should be in place. 

The only people in the US who have an issue with cryptocurrencies and Bitcoin are the big banks and the government because they are not able to see the value in working with cryptocurrency and they see it as a threat.

IRS Surveillance in the US will have people hide their cryptocurrency investments:  The Build Back Better Plan, or Build Back Better agenda, is a legislative framework proposed by United States’ President Joe Biden ahead of his inauguration.  The “build back better plan” has been stalled and already forgotten. If that plan passes, we will have IRS surveillance. But it’s a pretty good stall for now and not likely to pass.  IRS surveillance will only encourage people to hide their crypto assets more, and fiat will officially perish. There will be class action lawsuits given the amount of insider trading happening within Congress.

About how the Congress will react to Insider Trading in the US:  Doubtfully a lawsuit, if anything gets done involving insider trading. Our congress is corrupt to the core and would take them passing a bill against their own self-interest and agree with the rest.

People Who Never Understand Cryptocurrency:  What scares me, is having a conversation with someone that does not know a lot about crypto.  They always seem to think it is a pyramid scheme type of thing that drug dealers use to launder money.  There is not a day that goes by that the older generation, not understanding crypto, are dying off.  Their wealth is transferred to their heirs. This trend will only continue to change the consensus of the general population.

 

 

 

 

 

Community Trust IndexHigh Confidence
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Real
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James Thorp

James Thorp is a passionate crypto journalist from South Africa specializing in Litecoin, Dash, and emerging digital assets. With years of experience covering the crypto markets, James delivers in-depth analysis and breaking news on altcoins, blockchain adoption, and decentralized payment networks for The Currency Analytics.

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