Topic: Regulation of the cryptocurrency (Read 121 times)
Whenever a new concept get introduced , the established body tries to oppose or dominate it. Fiat or centralised currencies are here for hundreds of years. They are dominating the currency economic systems. Banks, Governments never want to give up their hold over economy. Digital cryptocurrencies gives its investors a complete freedom of trade. But such freedom is also becoming threat to many nations. Many countries have found the evidences, cryptocurrencies specially bitcoin is getting used in illegal trade, money laundering, drug trafficking and also in terror funding. As a result many countrirs are planning to regulate cryptocurrencies, if not they will ban it completely.
Have German Gref: to regulate cryptocurrencies need not panic.
Cryptocurrencies and their underlying technology, the blockchain can radically change the financial system, so the ban will be short-sighted step. This was stated by the head of Sberbank German Gref, write "News. Economy."
"In no event it is impossible to deny, because of the cryptocurrency, comes a new giant technology, because we are not yet able to realize," — said Gref.
He also advised not to sow panic around the cryptocurrency market until its introduction in the legal field.
"When the first car appeared on the streets of new York, London and Moscow, what were the rules of the road? No need to rush. You need to maintain a normal background around blockchain technology and cryptocurrency. Need tolerance, need patience, you need cooperation," — said Gref.
The head of Sberbank reminded that the cryptocurrency should not be considered as a means of accumulation.
"This is a very dangerous story. Don't go there if you want to increase your capital, because it is a lottery or casino. Yet" — he said
Everything in this world is a gamble,you bought a stock in forex or stockmarket thats gamble,same story to the cryptocurrencies,you started a business today thats gambling nothing in this world has no risk,remember what experts says the more you risk the more rewards you will have. Cryptocurrencies and their underlying technology, the blockchain can radically change the financial system, so the ban will be short-sighted step. This was stated by the head of Sberbank German Gref, write "News. Economy."
"In no event it is impossible to deny, because of the cryptocurrency, comes a new giant technology, because we are not yet able to realize," — said Gref.
He also advised not to sow panic around the cryptocurrency market until its introduction in the legal field.
"When the first car appeared on the streets of new York, London and Moscow, what were the rules of the road? No need to rush. You need to maintain a normal background around blockchain technology and cryptocurrency. Need tolerance, need patience, you need cooperation," — said Gref.
The head of Sberbank reminded that the cryptocurrency should not be considered as a means of accumulation.
"This is a very dangerous story. Don't go there if you want to increase your capital, because it is a lottery or casino. Yet" — he said
Have German Gref: to regulate cryptocurrencies need not panic.
Cryptocurrencies and their underlying technology, the blockchain can radically change the financial system, so the ban will be short-sighted step. This was stated by the head of Sberbank German Gref, write "News. Economy."
"In no event it is impossible to deny, because of the cryptocurrency, comes a new giant technology, because we are not yet able to realize," — said Gref.
He also advised not to sow panic around the cryptocurrency market until its introduction in the legal field.
"When the first car appeared on the streets of new York, London and Moscow, what were the rules of the road? No need to rush. You need to maintain a normal background around blockchain technology and cryptocurrency. Need tolerance, need patience, you need cooperation," — said Gref.
The head of Sberbank reminded that the cryptocurrency should not be considered as a means of accumulation.
"This is a very dangerous story. Don't go there if you want to increase your capital, because it is a lottery or casino. Yet" — he said
Cryptocurrencies and their underlying technology, the blockchain can radically change the financial system, so the ban will be short-sighted step. This was stated by the head of Sberbank German Gref, write "News. Economy."
"In no event it is impossible to deny, because of the cryptocurrency, comes a new giant technology, because we are not yet able to realize," — said Gref.
He also advised not to sow panic around the cryptocurrency market until its introduction in the legal field.
"When the first car appeared on the streets of new York, London and Moscow, what were the rules of the road? No need to rush. You need to maintain a normal background around blockchain technology and cryptocurrency. Need tolerance, need patience, you need cooperation," — said Gref.
The head of Sberbank reminded that the cryptocurrency should not be considered as a means of accumulation.
"This is a very dangerous story. Don't go there if you want to increase your capital, because it is a lottery or casino. Yet" — he said
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