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RE: Will the government take over Bitcoin? -- July 2017

in #bitcoin7 years ago (edited)

Important questions, i think everybody has a very pessimistic view of government bodies and regulations. I think as they come in its up to the community of crypto supporters, users, investors, traders to work with the system to protect the integrity of of the blockchain and cryptographic assets. The governments are not just going to snatch it.

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How long do you think will take for that @satchmo, if it will snatch it? thanks for the great inputs

I don't think they can snatch it - Its a function of how fast the mainstream and to be honest wall st. want it to happen. Regulators will faster and faster, fire got lit under them when the market cap of the cryptographic assets burst. Not sound over optimistic but I think all the news from regulators and legal bodies has been extremely positive.