Cryptocurrency Hearing Surprisingly Optimistic

in bitcoin •  7 years ago 


The SEC and CFTC gave prepared testimonies on cryptocurrencies. The tone was far from harsh, relieving coin watchers who have had a tough week.


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It's the way it should be unless these politicians want to end there carrier in politics.

Good thing it the hearing has a positive tone. Whatever the case, the same way social media, communication gadgets gained acceptance, so will cryptocurrencies. We must encounter challenges to stand strong.

This is great! We need to find a way to cooperate with the governments and not work against them. This way they will see the new opportunities made possible by cryptocurrency and they will support us.

I strongly agree. I work in a highly regulated field, and from my experience, Regulators often rely on industry expertise and experience to shape Regulation. They talk to people in the field to build their context of the industry. Let's hope the SEC is talking to people who are in good faith and represent the crypto-world well!

I hope that's true in every way. If they're really talking to people in the field ( the smart people not those acting smart ) then there should be no problem when it comes to crypto because more than currency, crypto and blockchain is the new tech for the future.

It was definitely bullish for sure. Much more optimistic than I thought was even possible. Hoping for Asian countries to follow shortly

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