Post
Topic
Board Speculation
Re: "Bitcoin post no risk to the world's Financial instability"
by
chenbo*)
on 20/03/2018, 08:17:40 UTC
Bitcoin and cryptocurrency can now have a flesh  air as the G20 said "Bitcoin does not post risk to the world financial instability" I think the heads of central bank has started to see the potential in cryptocurrency and we actually need they adoption to see bitcoin realize it potential and go mainstream.  https://www.coinspeaker.com/2018/03/19/cryptocurrencies-dont-pose-risks-financial-stability-says-g20-watchdog-mark-carney/ . To just buy bitcoin now the hungry me because I know the future is very bright.

This is a clever display by the G20. Declaring that bitcoin does not pose a threat to the world financial stability then pumping up bitcoins value afterwards. It's a subtle way of them saying that bitcoin may be independent, but they are the final arbiter of it's value.

Again, I hope people will stop looking at bitcoin as an asset and use it as a decentralized currency the way it was supposed to. The world will be better off that way should we start using bitcoin the way it is supposed to, not hoarding the coins which results to the current wild speculation of it's price in the market.