Post
Topic
Board Altcoin Discussion
Re: What are Legal Risks in Crypto World ?
by
Reid
on 17/12/2019, 13:46:59 UTC

How the central government views cryptocurrency investments is a vital legal concern for any cryptocurrency investor. In the United States, the IRS has described cryptocurrencies not as currencies but as assets

I have the same though.
Don't want to force line it up with fiat money or just currencies.
I prefer commodity/currency. More like it can be both.

It will never replace fiat or if it will that is a long shot. A very lone one.
That just means world peace.
Not all government can be satisfied by how great bitcoin could be if implemented as an option for payment. More countries thought of it as a threat to the financial industry specially when it comes to anti-money laundering.
So I guess we could just wait for now. Bitcoin is young and it will go further.