I guess there is nothing to worry about the news that will be reported by G7. Cryptocurrency especially bitcoin have been already bombarded with series of bad news and articles but until now it is alive and kicking. the G7 report is somehow fishy as it is biased in favor with stablecoins / stable cryptocurrency. Maybe it has something to do with the release of Libra coin to attract more investors. But in my opinion there would be no huge impact on bitcoin since bitcoin has proven itself over the years.
Perhaps you are right, but the United States, France and Germany, which have repeatedly spoken negatively about Libra, are also part of the G7. And the US government is demanding a moratorium on the Libra project. Based on this, there is doubt that the G7 will act in the interests of Facebook. 
Topic: G7 report regarding Bitcoin and all cryptocurrencies. - page 3. (Read 407 times)
I guess there is nothing to worry about the news that will be reported by G7. Cryptocurrency especially bitcoin have been already bombarded with series of bad news and articles but until now it is alive and kicking. the G7 report is somehow fishy as it is biased in favor with stablecoins / stable cryptocurrency. Maybe it has something to do with the release of Libra coin to attract more investors. But in my opinion there would be no huge impact on bitcoin since bitcoin has proven itself over the years.
Today I read information that a G7 report on cryptocurrency was published.
The authors of this document stated that bitcoin and other cryptocurrencies are not reliable means of payment and seem dangerous for storage.
Nevertheless, the report refers to the fact that stable coins are the exception and that such coins have real potential for everyday use.
The team that conducted the research turned up that not a single global project of stable coins can be legally used until the relevant laws are adopted for control, regulation, etc.
But the document also mentions that Bitcoin and other cryptocurrencies are still a highly speculative asset class.
Guys, I ask you to comment on this matter. After all, many are interested in the question of how exactly the G7 report will affect the entire cryptocurrency market.
The authors of this document stated that bitcoin and other cryptocurrencies are not reliable means of payment and seem dangerous for storage.
Nevertheless, the report refers to the fact that stable coins are the exception and that such coins have real potential for everyday use.
The team that conducted the research turned up that not a single global project of stable coins can be legally used until the relevant laws are adopted for control, regulation, etc.
But the document also mentions that Bitcoin and other cryptocurrencies are still a highly speculative asset class.
Guys, I ask you to comment on this matter. After all, many are interested in the question of how exactly the G7 report will affect the entire cryptocurrency market.
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