The Brutal onslaught hurting Crypto Currencies. - Cryptocurrency Reporters - A Light To Cryptocurrency World

Friday, 6 April 2018

The Brutal onslaught hurting Crypto Currencies.


Today I was in NYC for a birthday dinner of one of my wife's friends. Crypto popped up in the conversation at her friends house before we headed out. I was eavesdropping on the convo in front of me as we were walking to the restaurant when suddenly her friend butted in the convo with..."Isn't crypto illegal now, someone told me that's why everyone is banning it?"another joined in immediately after..."yeah , isn't facebook, and Google banning it now because a whole lot of people got scammed from bitcoin"These people have no knowledge of crypto. Once I heard "scammed from bitcoin" I had to jump in and correct everyone. I couldn't live with myself knowing I didn't do anything about that. Lol. Now they know why social media is banning it. They also loved the Carlos Matos video. Now they know BitCoin doesn't actively scam people, and most scams are done with ETH. I also got "So ETH is a scam?" .So yes. Social Media Monopolies banning ads hurts innovation, and adoption in the space a lot more than we think.For starters, anyone who lacks knowledge that might of been a future investor now thinks Crypto is illegitimate.Legit projects have a harder time gaining capital from ICOs, and finally this slows innovation.We also now have a Hell Hole of tax issues now. (paying taxes are now being blamed for price drops)Tax regulations have been reported In such a way on social media That it a way that makes them look evil.We also have an onslaught of Shit coin after shit coin consistently popping up everyday to spread icing on the cake.We also have many projects without working products, and projects that have working products are beings pushed aside. It should he the opposite.Oh the deeivitives market (Futures). . via /r/CryptoCurrency https://ift.tt/2HcFbMW Today I was in NYC for a birthday dinner of one of my wife's friends. Crypto popped up in the conversation at her friends house before we headed out. I was eavesdropping on the convo in front of me as we were walking to the restaurant when suddenly her friend butted in the convo with..."Isn't crypto illegal now, someone told me that's why everyone is banning it?"another joined in immediately after..."yeah , isn't facebook, and Google banning it now because a whole lot of people got scammed from bitcoin"These people have no knowledge of crypto. Once I heard "scammed from bitcoin" I had to jump in and correct everyone. I couldn't live with myself knowing I didn't do anything about that. Lol. Now they know why social media is banning it. They also loved the Carlos Matos video. Now they know BitCoin doesn't actively scam people, and most scams are done with ETH. I also got "So ETH is a scam?" .So yes. Social Media Monopolies banning ads hurts innovation, and adoption in the space a lot more than we think.For starters, anyone who lacks knowledge that might of been a future investor now thinks Crypto is illegitimate.Legit projects have a harder time gaining capital from ICOs, and finally this slows innovation.We also now have a Hell Hole of tax issues now. (paying taxes are now being blamed for price drops)Tax regulations have been reported In such a way on social media That it a way that makes them look evil.We also have an onslaught of Shit coin after shit coin consistently popping up everyday to spread icing on the cake.We also have many projects without working products, and projects that have working products are beings pushed aside. It should he the opposite.Oh the deeivitives market (Futures). .

Today I was in NYC for a birthday dinner of one of my wife's friends. Crypto popped up in the conversation at her friends house before we headed out. I was eavesdropping on the convo in front of me as we were walking to the restaurant when suddenly her friend butted in the convo with...

"Isn't crypto illegal now, someone told me that's why everyone is banning it?"

another joined in immediately after...

"yeah , isn't facebook, and Google banning it now because a whole lot of people got scammed from bitcoin"

These people have no knowledge of crypto. Once I heard "scammed from bitcoin" I had to jump in and correct everyone. I couldn't live with myself knowing I didn't do anything about that. Lol. Now they know why social media is banning it. They also loved the Carlos Matos video. Now they know BitCoin doesn't actively scam people, and most scams are done with ETH. I also got "So ETH is a scam?" .

So yes. Social Media Monopolies banning ads hurts innovation, and adoption in the space a lot more than we think.

For starters, anyone who lacks knowledge that might of been a future investor now thinks Crypto is illegitimate.

Legit projects have a harder time gaining capital from ICOs, and finally this slows innovation.

We also now have a Hell Hole of tax issues now. (paying taxes are now being blamed for price drops)

Tax regulations have been reported In such a way on social media That it a way that makes them look evil.

We also have an onslaught of Shit coin after shit coin consistently popping up everyday to spread icing on the cake.

We also have many projects without working products, and projects that have working products are beings pushed aside. It should he the opposite.

Oh the deeivitives market (Futures)

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