Why are prices rising?
The impact of wars and central banks continually printing more currency to fund their continuance has resulted in economies across the world suffering. This, along with the dire straits of the banking system and overall monetary system, has led to rising prices that people struggle to keep up with. What many don’t realize is that governments are printing money out of thin air, diluting the money supply and reducing citizens’ purchasing power.
Alternative investments
Some people are turning to bitcoin and cryptocurrencies as alternative investments to protect their wealth. However, governments are aware of the lure of crypto investments and cannot endorse it because it would threaten banks and their own power over the people. Instead, they choose to regulate, censor, and ban crypto to maintain control.
The UK – actions speak louder than words
Despite the UK’s claims of wanting to be a global crypto hub, its actions contradict its words. The Financial Conduct Authority (FCA) has issued numerous warnings to the public about crypto-related firms, and the government has denied access to cryptocurrency exchanges for UK citizens, preventing them from buying or selling more crypto.
Why the suppression of crypto?
The reasons given by regulatory authorities for suppressing crypto are that it could be a scam and destabilize the traditional finance system. While there are risky crypto companies, adults have the right to invest in stocks and other assets that could also result in losses. The $1.7 trillion crypto industry is not a major threat to the traditional financial system in its entirety.
The last crypto bull market?
This current crypto bull market may be the last opportunity for retail investors to profit from bitcoin and cryptocurrencies. Heavy regulation and suppression of platforms providing fiat on/off ramps will force retail investment out of the market. This will corral average individuals back into the traditional banking and monetary system, where banks profit from money printing and losses are borne by the public.
Educate yourself
To understand the implications of these developments, it is crucial to educate yourself on how money works and fact-check everything. Your future prosperity may depend on it.
Hot Take: Is Government Suppression the End of Crypto for Retail Investors?
The increasing suppression and regulation of crypto by governments around the world pose a significant threat to retail investors. Despite the rising popularity of bitcoin and cryptocurrencies as alternative investments, governments fear the loss of control and power over the financial system. As access to cryptocurrency exchanges becomes restricted, retail investors may find themselves excluded from this market, leaving them trapped in the traditional banking system. With the potential for heavy regulation in Europe and an anti-crypto government in the US, this current crypto bull market might be the last opportunity for retail investors to profit. It is essential for individuals to educate themselves on the intricacies of money and stay informed about these developments to protect their future prosperity.