Re: Because of all these regulation news, I am excited for the future of crypto
Every country trying to regulate crypto and force exchanges to comply with rules is one of the best thing that can happen to crypto world.
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it
We can not predict which crypto-derivatives will eventually be securitized and become the future trading currency. But we have every reason to believe that the inherently low counterparty risk of any non-cash transaction will make the market more reliable in all aspects. The cryptocurrency can be reconstructed on the basis of P2P financial arrangements between any two people anywhere in the world. You are actually in exchange for things. When the transaction is confirmed in the books, the owner's identity is rewritten. As a way to facilitate transactions, there is one more difference in encrypting money. Its value is not bound to the national currency at all.