RE: Bitcoin On The World Stage: G20 Summit
Hey shredderjoe, indeed the 20th - 22nd will be important dates to watch, though whether or not we actually learn what is going on behind the closed doors is another matter. Personally I am of the opinion that sooner or later we are going to receive some form of regulation mandate and to be honest I think that I would prefer it to be sooner. Once we know what is what then, as a community, we can start to build upon what will hopefully be a firmer foundation. I think that the meeting in New York last week was a positive indication of the US standpoint and like it or not the rest of the world does put a lot of store in what the US thinks. I think that it is also a good thing that most countries at the summit hold a positive opinion regarding Blockchain in general and I think that the vast majority of them understand that cryptocurrency and the blockchain go hand in hand. I think that they are more concerned about how to get their cut (i.e. claim taxes) and at the same time keep investors safe and stop the misuse of crypto funds through illegal channels. But as you say only time will tell. Thanks for the post, Cheers J