How does the gov feel about Bitcoin?? Lets find out

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·@kingchalk·
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How 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. :)

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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!
👍 , ,