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      "parent_permlink": "how-the-cryptocurrency-revolution-will-cripple-world-governments",
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      "permlink": "re-faissaloo-how-the-cryptocurrency-revolution-will-cripple-world-governments-20180101t214327",
      "title": "",
      "body": "### Greetings my friend!\r\n**I am glad that our community has increased with one more member!\r\nI hope that you will find here a way to realize yourself, and to benefit others\r\nBe yourself, be sincere, be honest and worthy of the place you are in.**\r\n\r\nI Upvoted  your post and Resteem of your greeting in my feed, where you you can search friends and other minnows...\r\n\r\n\r\nI think you can use this  collected information:\r\n\r\n---\r\nFirst off all! Most answers to your questions you can find here https://www.steemithelp.net/\r\n---\r\n\r\nBlockchain Explorer [https://steemd.com/@_Your_Steemit_Nickname](https://steemd.com)\r\nBlockchain Explorer and statistics [https://steemdb.com/@_Your_Steemit_Nickname_](https://steemdb.com)\r\nYour account achievements [https://steemitboard.com](https://steemitboard.com/board.html?user=clixmoney)\r\n\r\nNavigate the prices and exchanges where you can buy Steem or sell SBD\r\n[Steem](https://coinmarketcap.com/currencies/steem/#markets)\r\n[SBD](https://coinmarketcap.com/currencies/steem-dollars/#markets)\r\n\r\n---\r\n\r\n_For the your first post use please #introduceyourself tag! Thank you:)_\r\n_You can become a participant in the competitions, by selecting the desired in the tag #contest or invent and organize your own._\r\n_More_ [_useful tips_](https://steemit.com/inspiration/@clixmoney/the-best-steemit-tips-for-my-dear-followers-and-all-steemit-users) _and_ [_steemit app_](https://steemit.com/steemit/@clixmoney/the-best-steemit-tools-for-my-dear-followers-and-all-steemit-users) _you can find in #steemit & #steem tag_\r\n\r\n---\r\n\r\nThere is a Steemit chat with various rooms, in which you can ask questions, advice, or place your post to advertise it to the community https://steemit.chat\r\n\r\nUpvote chat in the telegram massager: \r\nhttps://t.me/steem\r\nhttps://t.me/intercambiosteemit\r\nhttps://t.me/Steemplus\r\n\r\n\r\nSimilarly, by reading the posts of other Steemians you can find invitations to the  Discord channels! They often contain upvote chats, and you can easily find friends of interest in them\r\nHere are some of them:\r\n<sub>_World Of Photography https://discord.gg/4Ezx2eM_\r\n_MinnowBOOSTER https://discord.gg/k7fWQD7_\r\n_SteemSports https://discord.gg/ApvKKUF_\r\n_WhaleShares https://discord.gg/DX7zErC_\r\n_Steem Gigs https://discord.gg/NuFVxKA_\r\n_SteemTrail https://discord.gg/gHt2aGN_\r\n_Minnow-Power channel https://discord.gg/WvFQzXu_ <sub>notify</sub>\r\n_Steemit Lover https://discord.gg/EVKhssF_\r\n_GuideSteemit https://discord.gg/nkwh36Y_\r\n_BuildAWhale https://discord.gg/yebax27_\r\n_Steemit ramble https://discord.gg/9pUSjv8_\r\n_VotoVZLA https://discord.gg/VhgeFJQ_\r\n_Steem Life https://discord.gg/SD3ReMm_\r\n_SteemLab https://discord.gg/phWQveU_\r\n_MinnowsUnite https://discord.gg/CJEEfgb_\r\n_Steemians https://discord.gg/uR95R7t_\r\n_Society for Narwhal https://discord.gg/repxc9v_</sub>\r\n\r\nTerritorial communities\r\n<sub>Steemit Philippines https://discord.gg/VyG83AN | https://discord.gg/Q8956PF\r\nSteem NIGERIA https://discord.gg/Y3u2z6T\r\nEast Coast Steem https://discord.gg/QXduBuk\r\nUkraine SteemOn https://discord.gg/cxq8JQd\r\nRu-Steem Trail https://discord.gg/8KyDBUx</sub>\r\n_Let us know if you know more or create new!_\r\n\r\n---\r\n\r\n**Alternative interfaces:**\r\nhttps://zappl.com\r\nhttps://busy.org\r\nhttps://steepshot.io (-mobile app have to)\r\nForums https://chainbb.com\r\n\r\n---\r\n\r\n**Mobile app** - eSteem :\r\nfor Android https://play.google.com/store/apps/details?id=com.netsolutions.esteem&hl=ru\r\nfor iOS https://itunes.apple.com/us/app/esteem-mobile/id1141397898?mt=8\r\n\r\n---\r\n\r\n**Forget about youtube! There is https://d.tube!**\r\n**Have fun and joke yourself with https://dmania.lol/**\r\n\r\n---\r\n\r\nA public SQL database with all blockchain data http://steemsql.com https://sql.steemhelpers.com\r\nFrom Developers https://steemconnect.com\r\n**Rewarding Open Source Contributors**\r\n**https://utopian.io | https://discord.gg/kPYBCYK**\r\n\r\n---\r\n**Autocuration**1 https://steemvoter.com\r\n**Autocuration**2 https://streemian.com/profile/curationtrail/trailing/943\r\n**Bot Tracker** https://s3.amazonaws.com/yabapmatt/bottracker/bottracker.html#paid\r\n\r\n---\r\nUse @minnowbooster for boost your rewards!\r\nMore https://www.minnowbooster.net\r\nhttps://www.minnowbooster.net/minnowbannericon.jpg\r\n\r\n---\r\n\r\n## You also need to select witnesses and vote for them. These are people who ensure decentralization of the work of the blockchain. Make your choice consciously, by choosing responsible and useful delegates\r\nhttps://steemit.com/~witnesses\r\n\r\n---\r\n\r\n**[Golos](https://steemit.com/sbdgiveaway/@dimarss/dejstvitelno-li-golos-russkoyazychnaya-platforma-12-08) wait for you too!** Find more [here](https://coinmarketcap.com/currencies/golos/) about Golos.io blockchain  platform - analogue Steemit! This is Steemit,s younger brother! **Join us: https://golos.io/create_account**\r\n---\r\n\r\n_Regarding the correction, insertion or deletion of your information, please contact @Dimarss_",
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      "permlink": "how-the-cryptocurrency-revolution-will-cripple-world-governments",
      "title": "How the Cryptocurrency Revolution Will Cripple World Governments",
      "body": "@@ -2805,18 +2805,23 @@\n nd such \n-an\n+drastic\n  action \n",
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      "permlink": "how-the-cryptocurrency-revolution-will-cripple-world-governments",
      "title": "How the Cryptocurrency Revolution Will Cripple World Governments",
      "body": "@@ -2772,20 +2772,16 @@\n ring of \n-the \n cryptocu\n",
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      "permlink": "re-cryptocreepin-why-xvg-is-the-most-undervalued-coin-20180101t155015057z",
      "title": "",
      "body": "This article is straight up incorrect, Verge is **not** 'the ONLY untraceable cryptocurrency on the market today', there's Monero, Aeon, Zencash and Dash to name a few.",
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      "author": "faissaloo",
      "permlink": "re-capitold-re-jerome-colley-which-privacy-coin-will-you-choose-20180101t154333736z",
      "title": "",
      "body": "As far as I'm concerned Verge is just your average crypto with TOR slapped on it, I don't believe in it long term. I'm banking on Monero and Aeon right now.",
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      "permlink": "how-the-cryptocurrency-revolution-will-cripple-world-governments",
      "title": "How the Cryptocurrency Revolution Will Cripple World Governments",
      "body": "@@ -3341,16 +3341,21 @@\n gage in \n+some \n market m\n",
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      "title": "How the Cryptocurrency Revolution Will Cripple World Governments",
      "body": "@@ -3176,18 +3176,16 @@\n ld have \n-a \n knock-on\n",
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      "body": "#bitcoin\n Today may go up but the next day we do not know",
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      "body": "@@ -1399,19 +1399,19 @@\n standard\n-, w\n+. W\n hat bene\n@@ -1655,25 +1655,24 @@\n fine\n-, and tha\n+? I\n t would \n+also \n like\n@@ -1706,18 +1706,16 @@\n he time \n-a \n governme\n@@ -1720,23 +1720,78 @@\n ment\n+s\n  make\n-s its move\n+ their move, especially since cryptocurrencies have global reach\n .%0A##\n@@ -2327,16 +2327,19 @@\n at said,\n+ it\n  would b\n",
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      "permlink": "how-the-cryptocurrency-revolution-will-cripple-world-governments",
      "title": "How the Cryptocurrency Revolution Will Cripple World Governments",
      "body": "People often ask how governments will tax cryptocurrency, I'm here to tell you **they can't**.  \n  \n<div class=\"pull-right\"><img src=\"https://i.imgur.com/krMa2HQ.jpg\"/></div>\n  \nWith the new wave of privacy oriented cryptocurrencies taking the market by storm it has become increasingly apparent that with their ubiquity governments will not be able to tax their citizens in any reliable manner. How can you expect a citizenry whose distaste for their government seems to grow with every passing moment to give away their hard earned cash when [they know full well that they can get away with it](https://www.independent.co.uk/news/uk/crickhowell-welsh-town-moves-offshore-to-avoid-tax-on-local-business-a6728971.html)? Every government requires money to function and since governments depend largely on taxation as a source of income this puts them in a very tough spot that many governments may not be able to survive long term.\nThey will try of course, governments have a wide and varied arsenal at their disposal, a few methods that come to mind include: Digital fiat, bans and market manipulation.  \n### Digital fiat  \n[Digital fiat](https://news.bitcoin.com/big-difference-electronic-fiat-cryptocurrency/) would allow governments the same control they have over traditional fiat along with some of the advantages of cryptocurrencies. Bitcoin being the grandad of cryptocurrency also sets the standard, what benefit could a digital fiat provide when people are already abandoning traditional fiat that would lead to people adopting it as their primary form of currency when they could just use another currency that would protect their privacy just fine, and that would likely be more established by the time a government makes its move.\n### Bans  \nA ban could be implemented at the ISP level in various manners and with the death of [net neutrality in the US](https://www.theverge.com/2017/12/15/16780564/net-neutrality-is-dead-what-happens-next) it would be trivial to limit access to webpages offering information and resources on cryptocurrency, and bills such as the [SESTA](https://www.theguardian.com/technology/2017/nov/03/us-internet-companies-back-online-sex-trafficking-bill) would go a long way to preventing US citizens sharing information regarding it. That said, would be impractical to ban something that has been adopted to such an extent already and that has proven so extremely useful, if governments thought policing intellectual 'property' violations was hard, they've got another thing coming.  Users of cryptocurrencies could easily employ technologies such as I2P and TOR (both of which cryptocurrencies such as Monero and Verge are currently experimenting with) to circumvent the monitoring of the cryptocurrency traffic, and such an action may lead to more people learning how to use such anonymity tools in order to make use of their funds. The only limit to how effective a ban would be is how educated the citizenry can become and the incentive to do so could be huge.\n### Market manipulation  \nMarket manipulation could seriously damage cryptocurrencies, manipulating Bitcoin alone would have a knock-on effects for other cryptocurrencies and would not be hard to achieve, comparatively small pump and dump groups have shown that even the layman can engage in market manipulation of their own. This is probably the most subtle way for a government to take back control and is the method I expect less brazen governments (and banks for that matter) to employ.   \n ## Finally  \nGovernments with enough foresight could of course choose to fully embrace this new frontier, setting up their own mining operations or repairing their relationship with citizens to the point where people willingly pay their taxes. Like currency, states can only function when people believe in them and as cryptocurrency takes hold people will quickly wake up to this fact.\n*Disclosure: I hold various cryptocurrencies including Monero.*",
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