Risks & Concerns - The industry highlights the danger of a total loss of freedom and sovereignty due to the potential control governments and banks could exert over individuals' finances through crypto [1] - The industry expresses concern that governments and banks may gain the ability to not only tax and freeze funds but also control spending and monitor activity via crypto [1] - The industry warns that this control already exists in parts of the internet and will worsen when applied to life savings [1] Recommendations & Strategies - The industry suggests holding truly decentralized crypto coins like BTC and privacy coins like ZEC as a defense or insurance against financial control [1] - The industry views unstoppable private money as the "2nd amendment of the internet," advocating for its importance in maintaining financial freedom [1]
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mert | helius.dev·2025-09-28 22:10