G-20 will make unattractive the cryptos due to hard regulations and certain bans. In fact, what they are going to talk is so much important, that , according to what i know, Crypto will go to hell in 5 days.
Bad news are coming, goverments and banks want to know how much money you put in, how much you win, and who gets it. This will force exchanges to be regulated so that all "anonimous" information about clients actually disappears.
Big whales, traders and investors are not in crypto for tech. Nor are the 99,99999999% of you. They are, LIKE YOU, in for profit. If crypto is so regulated that you cannot do what attrated people to this , (money laundering and tax evasion among other things), inverstors simply will run away from this madness.
If people actually cared about technology, why would have nearly 70% of the hole value of cryptocurrencies gone?? If ETH, is so good, and has a bright future, what has changed that has forced investors that had 133 billion in this, to actually stay only 40 billion and going down?? has the technology proved wrong? Is it not effective?? NOOOOO!!!!! It's goverments and the profit of crypto vs no profit for goverments and banks what is actually DESTROYING crypto.
In the G20 we will see the hate goverments and banks have against crypto, because the more money it goes in, the less they control it. Banks are losing a huge amount of money to lend because of this, and this is why they are all against. to the point they are even banning you from using your own credit card!!!
G-20 will almost clarify how are they going to destroy Crypto with regulations. The problem you guys seem not to understand, is that you consider regulations good because they give certitude for the future. The real issue is that THOSE REGULATIONS will make Crypto not interesting for investors because, once money laundering, tax evasions, total anonimous transactions and the impossibility to track the money and who really sells it , will leave crypto for the value the technology has, and this concept has been proved to be very low, and numbers talk clearly.
Hope you all guys are losing the money and you can afford that. Moreover, i wish i was wrong in all my statement. I really hope so.