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Congratulations on the launch. My question is that how will you deal with future government regulations. In developing world, the government does not like cryp
by apexkid 2y ago
Congratulations on the launch.
My question is that how will you deal with future government regulations. In developing world, the government does not like crypto and may impose laws like upfront taxation to discourage people from investing.
- raztogt21 2y agoThe developing world governments lack the resources to impose and execute laws successfully against crypto (or any other area).
- Lionga 2y agoGood old straight to the point we want to be criminals because we can.
- MrMcCall 2y agoThey only want the profits, but you're on the right trail.
- FpUser 2y agoNo. We just want fruits of our labor not to evaporate next day.
- gigatree 2y agoIf finding a way to have less of your money and labor stolen by the government makes you a criminal then lock me up
- philipwhiuk 2y agoSaid the bank robber.
- raztogt21 2y agoPeople commit crime because the risk/reward is worth it here. Most of crimes go unpunished in my country, Mexico.
- Shasnani 2y agoThanks! While we want to have constructive conversations with some of these governments (I actually believe it's possible), ultimately we can't stop hostility / regulations against crypto. What we can do is offer our service and be transparent about what it is — and then users in those countries can make decisions for themselves about whether they can/should engage. I'm hopeful, however, seeing countries like Turkey and a couple in LatAm that have significant crypto adoption without overt government hostility — when adoption reaches a critical mass, I expect to see more governments relax restrictions.