RE: Crypto is Unstoppable against the Web of Deception and Exploitation
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Cryptocurrencies may enable people to take charge of their money by doing away with the need for centralized authority, resulting in more financial autonomy and independence. The likelihood of financial crises and economic instability brought on by institutional acts may be decreased by this move away from a centralized authority.
So, what do you think about such deception from these financial institutes and their schemes with many hidden facts? However, the lack of law and enforcement implementation in the crypto universe through effective ways still needs to be designed and materialized. On the other hand, people should be aware of this new technology through proper education in account safety and management of fraudulent schemes on the internet to be safe online as all the occurrences will have no excuse to claim losses from anyone.
Dear @tanzil2024 !
Hassan!
I don't use cryptocurrency so it's hard for me to understand your argument!
What solutions can you create to prevent cryptocurrencies from being used for criminal activities?
So, before crypto, there was no criminal funding, maybe crypto is one of the mediums but it is not the whole that is reflected in the mainstream media. The mainstream media is controlled by a few and they never let you do whatever you like financially or mentally, that's the issue. Without crypto, there the mountains of black money in countries like Bangladesh, India, and Pakistan which are needed by the govt. during elections, so how will you define and who is the guilty? I don't have much knowledge about other countries but no one brings those into light and leaves no stone unturned to blame crypto where blockchain has the best-secured technology to track every transaction.
If you don't use crypto anywhere, the criminals will never stop as the history of humans is not peaceful at all! However, many countries are implementing many rules for the potential solution to minimize the risks.