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RE: Cryptomarket is crushing right before G20 summit - another wave of fear?

in #bitcoin7 years ago

Great suggestion, @crypto.piotr, to write a whole post on the subject. I agree the delay till July will more than likely produce a lot of FUD in the markets. Although, I believe a lot of projects will start to really mature in that timeframe too in very positive ways. So it should be interesting to watch how things unfold. July just seems a bit unrealistically too soon for very much progress in my view.

You make a great point too on making whatever regulations there are simple. Although, making things simple is very rare in gov. tax regulations of late... All the more with crypto, where one can trade crypto to crypto. It was my understanding that much of the world already views crypto as a taxable asset that capitol gains would apply and those that don't generally follow a "wait and see"moratorium, like Bill Clinton did in the 90's on the internet, which most of the world did as well. It's such a complex matter with crypto, because so many different applications have so much potential to really change things for the better.

All the best

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You are the fastest replying person I came accross in a very long time hhahaha :)
I love it! :D

Please let me know once you will upload your post. I will love to read it.

Hahaha... A post on this will probably take some time to really give it the credence it deserves. I'll remember to let you know though... Thanks