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Legal Enforcement Of Crypto-currency Hacking

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Vandana Mrigwani Follow

INDIA

Mar, 05 2021

Mar, 05 2021

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It is all about safe transfer of the info for cryptocurrencies, and therefore the trust within the intrinsic value of these one's and zero's, or Q-bits. Perhaps, we would take a glance at their business plan; although these digital currencies have had some bumps within the road to the longer term, we make sure they are going to be the longer-term norm - that is, the way the planet is headed it appears. 

 

So, it is a catch-22 for the govt, regulators, and enforcement folks, and that they cannot look the opposite way or deny this trend anymore. Is it time for regulations? Well, we hate regulation but isn't this how it always starts. Once regulated credibility is given to the concept, his digital currency concept could also undermine the entire One World Currency strategy or maybe the US Dollar (Petro-Dollar) paradigm. There might be hell to buy that also. What happens next will either make or break this new change in how we view the price, wealth, online transactions, and how the important world will mind-meld into our future blurred reality. We don't see many of us thinking here, but everyone should, one misstep and that we could all be during a world of hurt - all of humanity that's. Please consider all this and think thereon. Digital currency flies under the radar because it isn't recognized even with all the new Too Big To Fail regulations on banks. 

 

Okay, so, for instance, that the regulators, FBI, or another branch of state interfere and files charges - if they file criminal charges that somebody defrauded somebody else, what proportion of defrauding was involved? If the govt enforcement and Department of Justice put a dollar amount number to it, they are inadvertently agreeing that the digital currency is real and it is worth it, thus, acknowledging it. 


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Vandana Mrigwani

CBW - External Analyst

INDIA

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