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“If any of the above real world, national or regional currencies starts losing its value or falls victim to currency speculators or face any other dangers, not only would the central bank which backs that currency will take action to protect it, the government of that nation too would take supportive action too. Cryptocurrencies are not backed by any central bank, government or financial entity. In fact, and as a consequence, cryptocurrencies are viewed by governments and central banks with trepidation, scepticism and intrigue. Cryptocurrencies by their very concept are beyond the purview of traditional governmental-central bank currency framework, though not outside the economy, nor illegal.”

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“Looking at cryptocurrency as an asset, we can say a cryptocurrency is a form of digital or virtual asset securely encrypted based on decentralized networks distributed across several computers. It is only available in digital forms.”

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Book:Mastering the Crypto World: Understanding and Trading Cryptocurrencies for Profits
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“Cryptocurrency is here to stay, so we hear on cryptosphere everyday. But there are some fundamental situations that needs to take place for this speculated ‘store of value’ to really have its foot to stand on, and that is, government’s ability to enforce taxation on businesses and individuals making gains with this currency. So, either we like it or not, crypto taxation needs to be enforced for government to really entertain any form of adoption. Asian countries dominates the cryptocurrency spaces but the governments are finding it a bit hard to really tax crypto transactions.”

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“As of today, the majority of Asian countries are still examining crypto technology and drafting their regulatory outlines. Better crypto tax regulations should come in the next few months or a year from now. Now, we can settle the argument on crypto taxation laws enforcement. It is very certain that it is just a matter of time for this event to unfold, collecting capital gains tax is just a time bomb waiting to explode in the cryptocurrency space, or else, the government will place outright ban on these commodities.”

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“Several business sectors, companies in healthcare, financial services, agriculture, as well as other entrepreneurs and solopreneurs are rushing to adopt the blockchain technology and secure their financial transactions to provide a clear record book among individuals with the digital coin’s technology, “cryptocurrency.” Meanwhile, many of these businesses are doing so basically because of the fear of being left behind (FOMO), without having crystal understanding about the basics of blockchain technology and how it should be applied to optimize their business performances.”

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“When governments control everything, your perceived or glorified wealth is just an illusion. Attaining true generational wealth requires working rules of law, disaster-proof property rights, and assets that the constituted authority can't just take away. Until you have these, you are still at the mercy of the system - and, it was created to put you in check whenever you want to have a contrary opinion.”

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Book:Mastering the Crypto World: Understanding and Trading Cryptocurrencies for Profits
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“Web3 is the next-gen internet powered by blockchain technology, ultimately preventing censorship and mass surveillance by government and third-party organizations. It is not just about the ape pictures on OpenSea, it comprises an enhanced web browser, an encryption-first email distribution framework, a decentralized social media that gives power back to you, and much more services that are equally distributed to put you in charge of your data to curb exploitation.”

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“The Nigerian government is playing with fire over this insecurity issue; they pardoned Boko haram terrorists, bandits, and terror herdsmen, but send a rapid response squad to peaceful protesters who are harmless. This is not a wise move or the right way to maintaining a One Nigeria. People should be able to protest against injustice and other things affecting their way of life as longs as they do it peacefully.”

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