The future of Crypto Currency

Thu Aug 24, 2017 8:30 am

People,

What do you think of unregulated digital crypto currency like Bitcoin, Etherium and the others?

I guess we need to understand that Government and central banks don't like these unregulated digital currencies.

Major central banks are now developing digital/crypto currency system to be used globally. Once the system is ready, they will outlaw and shut down all unregulated currency system like BTC, ETH, etc...
See: http://www.afr.com/business/banking-and ... 619-gwtydo

Most likely the introduction of this global crypto currency by the government and central banks will happen right after global financial reset.
as per: https://www.capitalandconflict.com/inve ... ing-reset/ the reset will be in the new form of CryptoCurrency managed or regulated by the Reserve bank or IMF.

Let me knows what do you guys think of the above situation.

FXTradingPro · Tue Jun 26, 2018 5:30 pm

Central banks and regulators have to keep an eye on cryptos for several reasons. Most of all the problem cryptocurrency exchange hack which has become commonplace. There needs to be greater protection for the public. Regulation and government oversight is just around the corner. Hopefully, it is the oversight that protects and doesn't inhibit growth.

martiel · Thu Jan 17, 2019 12:26 pm

However much government and central banks don’t like cryptocurrency, they can’t ignore it. They have to stand the thought of they can’t stop it, and even ban won’t prevent people from using it. Thus it remains to accept cryptocurrency and introduce reasonable regulations for digital currencies. Central banks have already admitted the benefits of blockchain which they are gradually adopting. Some countries especially Asian positively regard crypto development. As for the financial reset, I think it will be a trigger for cryptocurrency growth.

Thu Feb 07, 2019 8:55 pm

Some statistics for January 2019 - of the total world turnover of fiat money of all countries in the aggregate - only 0.2% is accounted for the whole cryptocurrency. Each inhabitant of the planet falls 0.003 bitcoins and this is a fortune!