The following is a huge precursor on what we can expect for the future treatment of #cryptocurrency by the #SEC as they present to the United States senate on the current state of affairs in the areas underscored.
SEC Testimony on Virtual Currencies
I must admit that I went into reading this ready to be pissed of at the United States government and expected to see the same old bashing attempts at anything that goes against their controls. But, I was incredibly surprised that it now looks as though the SEC and United States government is taking a mature approach to the topic and considering all implications involved. There is is quite a bit of positive discussion about applications as a digital currency, the embedded technological advancements with inherent advantages includes, and low fee high speed global transactions, etc.
Do you think that this will be received well by the United States senate?
We can expect a huge panic and sell off before decision.
Perfect buying opportunity my friend!