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RE: Report: Nasdaq has secret meeting to legitimize cryptocurrency industry

in #crypto6 years ago

@jrcornel I think until and unless the volatility factor will not reduce under 30% it is very difficult for any Govt to take necessary action and regulate the issue and take appropriate decision to regulate it more precisely. For those who compare directly with fiat currency to trade it will take still time until volatile factor will come down and liquidity should increase in cryptocurrency than possibly thesse meeting will be worthful

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I am not sure why the volatility is such an issue. Gold has wild swings, stocks have wild swings. It's an asset and assets have wild swings from time to time. It's not ready to be used as money, that is correct.