The United States Government Loves CryptoCurrency? - Crypto Market - CryptoCurrency News
The United States is actually behind cryptocurrency? They appear bullish on Crypto! Cryptocurrency News!
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I am not a professional financial adviser. All investments you make are of your own. Do your own research.
I agree that regulation will ultimately be good for the market. Aside from scam protection and taxation, government regulation is good from an investors perspective. The BIG money that has been hesitant to enter the market will be more likely to indulge after they understand how they will be taxed. It will also lessen the skepticism of those believing crypto is just a trend and allow it to become more widely adopted.
Some regulation will promote healthy growth and keep investors more safe as they tried to crack down on scam cryptos. Certain bans do suck, but some economies are just scare of the effect of crypto. We went from silver and gold to paper money only back by faith. The next step is digital money which is something the banks are not ready just yet. I understand the credit card ban because some people are maximizing their credit card limit in hope of getting rich and just pay them back. Yes the banks goal is to make you pay interest, but not encourage just additive behavior knowing if investors don't do their due diligence they will never see that money back. As everyone says. Never invest money your not willing to risk and always hold. You never want to sell at a lost.
Regulation will be welcomed as it will lessen the extent of bad press the crypto space has been getting. It Will also restrict huge pump and dumps and dramatic price swings which make many people not want to hold money in crypto as its too unstable. Some stability is needed.
I'm so glad they're going to bring this market along and not cut it off. Embrace the new not fear it.
Not really related to the video but, I want to see more websites start to accept bitcoin/ethereum.
I don’t mean to sound like a perv but I could see pornhub or other pornsites utilizing bitcoin as a way of payment that can’t be traced back to the user. That’s an industry that I feel could benefit from crypto currency
I could see that industry using crypto. Id like to see more places use it as well. I do use bitcoin to purchase gold and silver online.
This is great news, this will definitely help turn around the crypto slump
The weak hand vote of confidence to the govt approval of crypto is a welcomed green bump this week.
Before becoming involved in concurrency at the end of last year I was very skeptical of becoming involved, mainly due to my lack of knowledge of the subject. Naturally, as crypto currency becomes more and more mainstream in society, which could take a while, the market will flourish. The government accepting cryptocurrency on some type of level is a foot in the right direction. Society bashes crypto because they are scared of the unknown and essentially clueless of its utility. Like many of us, I think crypto will find a nice home in mainstream society over time and patience is key.
Yeah, I understand that I’ve been into it since just last November.
Far too much fear and rejection of crypto at the moment. I'm very optimistic that will begin to change now.
this was a positive movement in the right direction this is the beginning of a new future using crypto excited for the future good stuff ahead Randy
Its like the clouds to this storm are beginning to part.
Refreshing to hear during a bear market.