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RE: Cryptomarket is crushing right before G20 summit - another wave of fear?
The focus will be on blockchain. They will need to educate each other on what the blockchain is, how they can mitigate the risks (more so learn about the benefits) without stifling innovation cause they know how patent offices fucked this up. If banks weren't so greedy than bitcoin wouldn't have happened but they were and it did. Remeber this reference...
Genesis Block: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
Thanks for your post.
I totally agree with you. Unfortunatelly greed is what drives this world forward.
I like your post about busy.org. Decided to follow. Cheers :)
Sounds good. I like busy better than steemit.
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Im closing this topic (which means that Im not planning to be visiting and replying in this topic) .
I wanted to thank you one more time for commenting my previous post in such a mature manners. I already value your input a lot and I hope you could comment also my new post.
I wanted to thank you one more time for commenting my previous post in such a mature manners. I already value your input a lot and I hope you could comment also my new post:
https://steemit.com/cryptocurrency/@crypto.piotr/summit-g20-good-or-bad-for-cryptocurrencies-my-own-little-summary
Take care, Piotr
Is busy.org also based on blockchain technology ? I was wondering if you can be rewarded there for publishing your content.
I read somewhere that if I publish something on steemit then it may be also automaticly published on busy.org
Any idea how does it work?
I think it’s a clone of steemit with a better UI / UX. Post on steemit it goes to busy. Post to busy goes to steemit. Same rewards same rules. Just a better interface for long post and or short posts.
Thx
Thanks for sharing, going to look into busy.org!
Well said, @alakazam! I agree most regulations stifle innovation and screw things up. Probably now that they have decided to NOT create any new regulations some realize it's not a matter of more regulations, but a matter of eliminating some existing regulations that because of so many costly complexities some have are causing so many problems. It's so complex though they way global banking has evolved the last several decades. For the consumers it's over-regulated and for the bankers it's so often under-regulated. That's where I think they would do well to focus on some. Who knows though.
It's a big mess. I would not want to be employed by the SEC during all this.
Perhaps, If they focus on the known scams that are under investigation and use them to set the precedent of what is clearly not acceptable, things will start to take shape. But this is no small task and it's a long road ahead.
Who knows is right!
I agree more focus should be on the known scams. Probably a large emphasis on self regulating, as seems to be a growing compromise trend, would be the best way to move forward on that. But yeah, who knows though. I think the key is to stay fluid to allow innovation to grow freely and just prune off the corruption offshoots when they step over clear bounds.