CryptoCurrency in the United States

The United States government is making it very difficult, if not impossible, for US citizens to invest in cryptocurrencies. Their goal is to make everyone fearful of participating. ICO (Initial Coin Offering) Firms are refusing to allow United States residents to join their projects. Even though
accredited investors are allowed by US law to participate, most firms make you sign a disclosure stating that you are not a US citizen. Not to mention, that in order to become an accredited investor in the United States you have to already be wealthy. There is no training or education required. The only qualification required is proof of a $200,000+ income per year for two years and proof you will make that next year. For a couple investing together it is $300,000+. That is the United States government trying to make the rich, richer and the poor, poorer.

There is one loop hole, that has a very low percentage of possibility. If you already know the creator of the ICO before the project starts, they can pick 35 regular people and legally allow them to invest. The chances of that are small considering most of the creators are already wealthy and most of their friends and most likely their families are probably wealthy.  Since cyrptocurrency is a global project, 35 people is merely no one. It is just enough to give people in poverty false hope. By the time it is legalized the regulations will be so strict and the prices will be so high that no regular person will ever be able to capitalize on digital currenncies, but the wealthy are cashing-in on them everyday.

%d bloggers like this: