How does the gov feel about Bitcoin?? Lets find out
cryptocurrency·@kingchalk·
0.000 HBDHow does the gov feel about Bitcoin?? Lets find out
Check out this video I just watched that is a public hearing on cryptocurrencies and their regulations on how these coins will be identified. Very useful knowledge and I think you will find it very interesting. :) <iframe width="560" height="315" src="https://www.youtube.com/embed/zbqFRQGgN0c" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe> Basically what they are saying in this video is that when a coin is in ICO, it is a security and will be regulated as such. Once a coin has a developed network it will be considered a commodity. I am really happy that we are starting to get more clarity on this subject as I know there has been many people who are worried about how these coins will be classified. The other thing that I noticed was that they where surprisingly open to this new technology and open to working for the best possible outcome. Hope you enjoy!