Regulation Speculation On Crypto's - Bitcoin Private - Be Private My Friends!

bitcoin gov article.jpg

Starting to feel like this may be Bitcoins biggest year yet. Steve Mnuich who is the US Secretary of Treasury gave us a little insight as to the direction the US and the G20 are to handle the Crypto Currency boom! The biggest push over the next year will be aimed at exchanges and knowing your customer as he explained on a Bloomberg interview earlier this year. While that could impact the speed at which the market grows, it won't necessarily create the so called bubble to burst. What is of concern is the comment on making sure the public is aware of what they are getting into because they can really get hurt.

If we were to speculate for a minute about what Governments could do, a few things come to mind. First, Bitcoin has already made the cut, I don't see the U.S. or any other government performing an all out assault of this coin. However tech coins that don't yet have a product might be heavily impacted based on the statement above. The way a crypto hits the market will most likely be a topic later this year or maybe next but again, this is all speculation. Bitcoin Private is being launched in the few days and the need for a well known privacy coin is a real thing.

There is only one way at the moment to purchase BTCP and that is through an upcoming hardfork of Bitcoin & ZClassic. ZClassic has a strong, honest and ethical team behind the development of Bitcoin Private. You must own either Zclassic or Bitcoin at time of snap shot "detalis to be released in the coming days" in order to receive a 1:1 of. Bitcoin Private. Zclassic is currently listed on Bittrex & Cryptopia.

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