Bitcoin: Big event next week will be decisive for the future of currencies
On Monday (19), a major turning point for the future of cryptocurrency will take place. This is the G20's two-day meeting - a group of finance ministers and heads of the central banks of the world's 19 largest economies plus European Union - in Argentina. The main theme is to discuss digital currencies.
The main objective is to come up with a common denominator on market regulation. The eyes of the vast majority, and especially of the investors will be stuck in the meeting. There is the possibility of not reaching a common denomination in these two days, but the market will be analyzing between the lines what will be the measures adopted later.
The starting point for such a meeting, part of Japan and the European Union, both seek the regulation of cryptocurrency and means to have a greater control of them, seeking to avoid money laundering.
If it reaches a possible regulation, we will be taking a giant step forward. New investors entered the market and raised asset prices.
For future viewers: price of bitcoin at the moment of posting is 7568.30USD
The establishment only thinks they can control it.
They are the main corrupt and want to have more control to avoid money laundering. They are quite contradictory, do not you think?
Governments are not there for anyone's best interest. The sooner we learn and accept this, the sooner humanity will be free at last.