I am still skeptical to this cryptocurrency, unless it is endorsed by Government.
Money, Currency And Monetary system should be governed by authority which is "Government" should be the authority, manage, monitor and control them.
The cryptocurrency framework is actually uncontrollable and unmanageable. Machines are running non-stop 24 hours daily keep doing the jobs – then how you control them?, everyone in the world are able to run their own miner machine with no restriction – then how you manage them? With machine non-stop and keep mining and mining (keep producing bitcoin or cryptocurrency and everyone can participate with no restriction), so tell me, how you can control and manage them or even to stop them?
If you let the people out there around the world managed Money, Currency and Monetary System, They actually CANNOT control or monitor them, they just speculate to make them PROFIT
, in the long term it will become uncontrollable, unmanageable and at the end they will collapsed.
even if you let them, only the most wealthier people in the world can conquer cryptocurrency because the cryptocurrency framework only work for wealthier
which is who are afford to spend huge money for the most sophisticated, fastest, powerful machine to run. REMEMBER, in the cryptocurrency framework, ONLY the most powerful and fastest machine will WIN
. You can not beat them. So at the end, it goes to the same people who is controlling the money, currency, and monetary system.
You only trust your friends around you and your family, you do not trust whosoever outside the world. Did you really trust people in Europe, middle East, Africa, Latin, Asian? are you really trust them all? Come on guys they are a lot of malicious, do not trust them....
i share you this https://coinmetrics.io/bitcoin-private/
And do you know how they work? This is actually how they work.