I read this news at https://www.fxstreet.com/news/swiss-ecomin-switzerland-wants-to-be-a-crypto-nation-201801300630 and its really gladly my heart.
Economy minister Johann Schneider Ammann, Said "Switzerland want to be a crypto nation" as at the time when many developed and developing countries are expressing their negative options on cryptocoin and we are hearing news that many countries want to ban it. What is your take on this move or comments?
I am sure a lot of people didn't even bother to read what the article is all about before jumping to comment on how good the news and how its going to be make bitcoin $50,000 over night but reading that article made me realize two things and that dream everyone is happy about, might be far from coming to reality.
1. The comment is a reported statement because the article didn't quote the minister directly but state that another body reported it and when the source cannot be traced directly, the probability of distortion is high.
2. In the said article, there is a caption that says "We think there is huge potential but the market is not as disciplined as we want. We want it [the ICO market] to prosper but without compromising standards or the integrity of our financial markets. and that is where the challenge because everything he was reported to have said is a conditional statement and what would necessitate that seems difficult to achieve.