G20 discussing global crypto framework!

By TwoDogsCaged | TwoDogsCaged | 6 Sep 2023


Man oh man!!!

How do I love thee (information from the G20), let me count the ways!

First off, I had heard about this last night, and again this morning. Apparently someone from India has talked about how the G20 has been discussing cryptocurrency.  Here is one of those articles I read: https://news.bitcoin.com/g20-nations-actively-discussing-crypto-framework-says-indian-finance-minister/

I have to say, looking at cryptocurrency from a global perspective gives me some reservation, but it also give me hope. On the one hand, there is the fear of banning and overregulating cryptocurrency (I see you United States), and on the other hand, finding and securing cryptocurrency for the masses and mass adoption is important.  

Cryptocurrency is not dead as some people keep trying to say, it really is in it's infancy. I love positive news from a group like the G20. I wish we could let cryptocurrency go without regulation and oversight, but that is naïve, and not possible. There have been too many scams and frauds. SBF anyone? i hope regulation is sensible and thoughtful with reasonable guidance and structure to provide safeguards for regular investors 

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TwoDogsCaged
TwoDogsCaged

Cryptocurrency is a fascinating idea, one that has many confused, scared and dismissive of the concept. However, it also is intriguing and likely a large part of the future.

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