Wanted: Alive or Dead

Image Courtesy of Jae Rue from Pixabay

Today’s world of cryptocurrency certainly has its detractors as well as its proponents. For those of us intrigued with the prospect of an alternative to fiat currency, it means cryptocurrency. We are dismayed by what fiat currency has become which these days is another print run when things go sour in the economy. In almost every developed country, some enterprising group has come onto the scene offering to be a cryptocurrency broker to folks who have lost faith in their local sovereign currency or for those who simply want to hedge their bets against economic upheaval.

One can spot which ones are doomed for failure right off the bat. Those companies that offer good brokerage services as an alternative to any country’s fiat offering, with minimal, if any, regulatory oversight, are on their own. Their purest approach to digital currency means they offer an alternative to unhindered fiat currency printing within a specific country nation. It sure ticks off the local government and some, like South Korea and China, simply outlaw these fledgling organizations.

Image Courtesy of Pete Linforth from Pixabay

This marketplace doesn’t simply disappear because of self-serving law but instead just resurfaces in another neighboring country. Like many things, people find…