Quote from: jjacob on July 21, 2018, 08:20:27 AM

Quote from: BTC.Turtle on June 18, 2018, 10:23:00 AM

Germany recently approved bitcoin, why exactly is the approval required and what will happen after approval ?

It just provides legitimacy to Bitcoin and more people will feel comfortable investing in Bitcoin. A lot of people, apart from institutional investors, are concerned about the reputational risk associated with cryptocurrencies. With the government clarifying its stance, they may go ahead and invest.

I agree and that's a win win situation for everybody involved. The more people we get into crypto the bigger the market cap and coins values.