RE:RE:RE:$BITCOIN TAHey I agree governments around the world will switch over to digital transactions (not a crptocurrency exchange process). This will prove to be a big negative for Biticoin. To some degree this was emphasized during the COVID duration as businesses refused to take cash and asked the pupil to use debit or credit cards only. For several years we have seen the shift from cash only to debit or credit cards. The shift to a digital transaction process has been happening for several years. This is becoming an acceptable standard in our society. The next step will be to faze out cash. Transactions will occur more and more through debit or credit card usage. This will be the new digital environment we live in. Central Banks will still operate on dollar - Euro, Yen, US dollar, etc. however the businesses around the world will move to a digital transaction process.
Why would governments encourage a switch to digital transaction (not crytocurrency exchange)? It allows the government to track all transactions. They will know where, why and how you are spending your money. Under ground exchanges of cash will disappear. There is way to much under ground cash or crytocurrency exchanges going on to avoid government taxation. Governments around the world know they are losing trillions of dollars on taxation. What this means for cryptocurrency exchanges is there will be no need for them. They will disappear.
As for tips on ponzi scams within the cryptocurrency world and you seem like a smart person just investigate crytocurrency trust companies. Investigate how money is being exchanged? If there is a collapse in this exchange process it will destroy the cryptocuurency market. At some point you know the risks of failure within the exchange processes are going to occur.