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RE: Japan Crypto Merger, Mining Crypto In New York And Businesses Buying Bitcoin

in #cryptocurrency7 years ago

Very interesting information. It ties in very well with the huge wave to self-regulate (following the recommendation by the USA CFTC to create self-regulating entities within the industry). It could be of insane value to finally get some regulation in crypto to stop the incessant market abuse / manipulation, principle - agent problems, cornucopia of failures and mistakes, etc. However, this is so nascent that it is absurd :D hopefully it would happen soon!

Also, interesting thing - the recent bull rush. It is quite bad that it stopped but I don't blame the investors... whereas the market sentiment is returning slowly after the tzunami of FUD / end-of-crypto articles, we are still in scandal mode. There is so much that could go wrong at the moment (G20 meeting / Tether sh*tsorm / Debit & Credit Card Bans / etc.) that growt would be slow. I hope for some of the uncertainty to be lifted.