Post
Topic
Board Legal
Re: G20 closing statement on cryptocurrencies: We will keep monitoring it
by
jseverson
on 22/03/2018, 09:39:59 UTC
It's 50-50 on this one or neutral if you like. They are waiting for more growth or downfall hehe Smiley
I would like to see it regulated faster. We can see some movements in that direction so I'm not worried.

I disagree. Their statements basically imply that Bitcoin will continue to exist in the long run without any heavy handed regulations on the horizon. They have also explicitly acknowledged it, which could increase the mainstream's confidence in its use. I wouldn't mind regulations either, for as long as they're fair and won't impair growth and development significantly.

Also, I'm pretty sure it will take a hell of a lot of growth for them to be spurred into sudden action. They've basically confirmed that crypto is still way too small in the big picture to pose a real economic threat after all.