Post
Topic
Board Legal
Re: G20 closing statement on cryptocurrencies: We will keep monitoring it
by
squatter
on 21/03/2018, 21:37:29 UTC
G20 closing statement on cryptocurrencies: we acknowledge it - but it needs regulations. We will keep monitoring it.

Is Bitcoin an existential threat to nation-states, or an economic advantage to be waged over others? Can it be both? Remember, the G20 governments (and all governments) are competing against one another. How simple can this collaboration be?

They're not ready for any kind of sweeping regulations -- if they ever will be. Each government is struggling to decide its own internal goals and policies, and still has to figure how relevant they believe cryptocurrencies will be.

It's 50-50 on this one or neutral if you like. They are waiting for more growth or downfall hehe Smiley

The bearish market bought them some time. At $100k per BTC, there's no way they can avoid it.