RE: G20 Wont Regulate Cryptos At This Point it Seems - Bull Run Started

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G20 Wont Regulate Cryptos At This Point it Seems - Bull Run Started

in bitcoin •  7 years ago 

Carney has bigger problems to worry about than cryptos. The amount of derivatives in the banking system poses a far bigger risk to the whole world! Cryptos are nothing compared to that ticking bomb.

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7 years ago by

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      ·  7 years ago 

    Good points.. Imagine if the total value of the derivatives market ($1.2 Quadrillion) moved into crypto?

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        ·  7 years ago 

      You are right. Cryptos is not the problem. They are just being introduced to a new currency and they don't know how to handle it. And those old dinosaurs should have left politics a long time ago and pass it on to forward thinkers. Not people who want to block the progress of the masses every chance they get. People need freedom and crypocurrency provides that freedom.

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        [-]
          ·  7 years ago 

        Dude, you nailed it. Tip!

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            ·  7 years ago 

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            [-]
              ·  7 years ago 

            cryptos are rather transparent - there are whales that manipulate the market so you better watch out :)

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              [-]
                ·  7 years ago 

              Agreed, especially with the trash storm of CDO's in the banking system, The Federal Reserve and Big banks of wallstreet pose a much greater risk and much more scamming of innocent people than an unregulated crypto market has/will.

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                [-]
                  ·  7 years ago 

                Yes and now the bond market exceeds $100 trillion !

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                  [-]
                    ·  7 years ago 

                  Yes this is great news.. but do you think it is a green light for crypto now.. or do you think we still have a lot more things ahead that need to change.

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