Will bitcoin/cryptos MOON in end of this year? Russian finance minister Anton Siluanovs, regulation announcment!
Hey guys, i just read this:
"The state understands indeed that cryptocurrencies are real. There is no sense in banning them, there is a need to regulate them."- by Russian finance minister Anton Siluanov on cryptocoinsnews.com.
I know regulation is not optimal and many of you hate it, including me. But it's necessary to reach out to the masses. The coin is still decentralized and the government still needs taxes to function as it is designed to, help the citizens. I live in a country where the taxes actually goes to the school, healthcare, to people in need (welfare) and for example you don't have to pay to go to university, to the hospital. So basically iam happy to pay 30% of my income.
Now imagine if the governments, governance was based on a blockchain with smartcontracts (or a similar tech). This will most likely happen in the future. A "trustless" governance. This is one of the reasons why iam into crypto/blockchain :D
You can read the full article here: https://www.cryptocoinsnews.com/no-sense-banning-cryptocurrencies-says-russias-finance-minister/
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STOPI followed and upvoted.Would you like to follow and upvote me.
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