G20 : which country was favorable for Cryptocurrency :

in #cryptocurrency7 years ago

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Most of the countries accept legally cryptocurrency.
As usual, the only pain in the a** is China that stipuled cryptocurrency as an illegal asset.

Very positive notes from this meeting.
A step towards mass adoption

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This eventually bBrings more regulation though...or?
Might not be a bad thing though...

Regarding China, I'm holding NEO just because it's Chinese...they have a history of creating an own version of widely used stuff...they have their version of Twitter, Youtube etc etc...I guess Neo is the crypto they will embrace in the upcoming years, while still opposed to the most of the other ones...lets see :)

We need regulations if we want the holy call "mass adoption"

At least with this meeting, we can see that the majority of the countries are in favor of the technology :)

haha u r totally right that mass adoption became a holy call :D

But I honestly kind of like this wild west environment which we have right now :D millions of dollars flying left and right, pumps n dups and all the crazy stuff :D

If we are smart enough to surf the wave I agree with you it's a lot of fun =D

Hi Jlcrypto,

Looks like you are the crypto man.

Why would "axxx Chinese" would totally ban cryptocurrencies?

I would think they or government would benefit by have millions of citizen to start trading or investing.
Are the, the Chines government that fearful of the Cryptos threatening their financial hold?