The various gov'ts are starting to get a handle on how to regulate this show. Firstly they register the exchanges and then outlaw anonymous clients or trading and then they tax any profits made by the exchanges and the punters.
It is coming together fast now and will be organized.
Imagine a World Reserve Currency working like the hub of a wheel that all other cryptocurrencies relate to aka USD does to other fiat currency from various other countries.
So does each country allow so much crypto in terms of how many various coins (say max of 5?) or does each country have its own single cryptocurrency that then trades against the World Coin?
Ozcoin. Kiwicoin. Indocoin. Saudicoin UKcoin etc
Just surmising...they don't want to and can't afford to lose control but they cannot afford to run with crypto as the die is cast same as computers and internet...and the wheel.
It is too useful and time/money saving.
The above in some form is where they will want this to go.
Go Chung I got the $51 odds to win the open. Hope they pay me in Ripple LOL.
FFG Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
