Let me just say this, the government will do one of 2 things with crypto
1. Ban it.
2. Regulate it.
Regulation is a step forward, the likes of money laundering and illegal activities will always be illegal no matter what form of currency, the regulation talks are not around the growth or volatility of crypto but more the ability to trace it and tax it, no matter what currency we use today or in the future, taxes will always exist.
Let's look at whats coming up in the G20 summit
U.S. Treasury Secretary Steven Mnuchin has indicated he is planning to raise the subject of cryptocurrency regulation during an upcoming G20 summit to be held in Argentina in March.
Speaking at the Senate Banking Committee on Tuesday, Mnuchin said that he does not believe cryptocurrencies are threat to the financial market stability, though he is concerned about their use in money laundering and other illegal activities, NHK reports.
If held, the talks notably wouldn't mark the first time that a major global summit saw such dialogue, with a meeting of the G7 nations – a group comprised of the world's largest economies – having discussed the matter as far back as 2015.
So tell me, why would you add regulation to something you plan to ban? your logic is absolutely horrible and so easy to fault.
Hate to sound sour but this troll needs shutting up.
Don't trick innocent people with your illogical words. G20 is going to bring the worse for crypto. I have my sources. No body believed me when I said btc will crash to half 3 weeks ago. I warned you people about India's legal tender law is coming, you people din't listen to me. Now I am saying about worse of them all G20 summit. Get ready to cry and remembering my ID when it happens.
Wrong again, we've been talking about the market bleed out and how it's due for a correction for probably a month now, these people got it right, not you.
I've provided a quote from the person raising the discussion point of crypto at the G20, can you not read? it's about regulation, do you not understand what regulation is?
You've hit a point now where you've lost 100% of any little credibility you thought you had.
This will be my last post in this thread, I've proven you wrong enough times now, you're a waste of effort.