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RE: Christopher Giancarlo, Chairman of the CFTC Just Defended Cryptocurrencies In Front Of The Congress!!!

in #cryptocurrency7 years ago

This sounds good. But beware of government. They might play "good cop bad cop" if you know what I mean.

They simple want control and piece of the action. While making money betting on bitcoin on the process.

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You got a point - that's exactly what the Korean government did when they "banned" crypto back in January. Dirty bastards.

They probably use the information to short or long bitcoin and made a ton of money.

True. That's so unethical tbh but I guess that's how it is :/

It's just the game I guess. And that's why blockchain was developed in the first place.

Yeah to keep everyone accountable for their transactions but I guess more updates need to be made before complete transparency can be achieved