Next stop in the cryptocurrency craze, A government-backed coin

in #dtube7 years ago

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“We found that the plurality of Bitcoin investors do not want additional regulation in 2018. However, we thought it was interesting to see that 20 percent of our respondents are unsure about the idea of increased regulation.”

In the light of the rising popularity of cryptocurrencies, like bitcoin and ethereum, central banks around the world are busy experimenting with their own versions of cryptocurrency, or digital currency.

https://www.cnbc.com/2017/11/30/cryptocurrency-craze-springboards-government-backed-coin.html
China's central bank announced in January that it has completed a successful trial run of transacting digital currencies among banks. Then in September, Japan, Sweden and Estonia all announced similar digital currency projects: J-coin for Japan, E-krona for Sweden and Estcoin for Estonia. The roster doesn't stop there — the UK, Uruguay and Kazakhstan have all expressed similar ambitions.
Majority of American Bitcoin investors are optimistic that Bitcoin will perform even better in 2018.
https://cointelegraph.com/news/majority-of-bitcoin-investors-believe-cryptocurrency-performs-even-better-in-2018-survey
While the Bitcoin ‘mania’ may seem absurd for traditional investors, millennials don’t seem to agree with the past. Instead, we’re seeing more and more millennials jumping on the bandwagon and picking Bitcoin as their top choice over other investment options.
On Wednesday, William Dudley, president and CEO of the Federal Reserve Bank of New York, said the Fed is exploring the idea of offering its own digital currency, according to published reports on comments the Fed president made at a conference. However, Dudley said it would be "very premature" to estimate when the Fed would come up with its own version of bitcoin.
Accelerated growth expected
Such reality is further revealed in a survey conducted by LendEDU in November 2017 with approximately around 77 percent of the polled 565 Americans claiming that Bitcoin price will increase higher and faster next year than its seventeen-fold appreciation in 2017.

Considering that most investors prefer Bitcoin for its decentralized nature, most respondents do not favor the implementation of additional digital currency regulations next year.

“We found that the plurality of Bitcoin investors do not want additional regulation in 2018. However, we thought it was interesting to see that 20 percent of our respondents are unsure about the idea of increased regulation.”
So what are you waiting for ??

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I think it will be a perfect year for BitCoin and crypto money in 2018 .thanks for sharing