Post
Topic
Board Bitcoin Discussion
Re: G7 report regarding Bitcoin and all cryptocurrencies.
by
kingcolex
on 22/10/2019, 15:51:20 UTC
Today I read information that a G7 report on cryptocurrency was published.
 The authors of this document stated that bitcoin and other cryptocurrencies are not reliable means of payment and seem dangerous for storage.
 Nevertheless, the report refers to the fact that stable coins are the exception and that such coins have real potential for everyday use.
 The team that conducted the research turned up that not a single global project of stable coins can be legally used until the relevant laws are adopted for control, regulation, etc.
 But the document also mentions that Bitcoin and other cryptocurrencies are still a highly speculative asset class.

 Guys, I ask you to comment on this matter.  After all, many are interested in the question of how exactly the G7 report will affect the entire cryptocurrency market.
Oh governments that control and print their own currency without limits says the only form that is acceptable is one that is reliant on their funny money? Color me surprised!