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Author Topic: NEWS: G20 Considers Crypto To Be An Asset Rather Than A Currency!  (Read 85 times)
skelethon (OP)
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March 21, 2018, 09:33:04 AM
 #1

Source - https://www.cryptoleak.io/breaking-news-g20-considers-crypto-to-be-an-asset-rather-than-a-currency/

Crypto is an asset that can be used as a currency.

I think once crypto projects actually have a product, it can be considered a currency.

Thoughts?
ICO Lancer
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March 21, 2018, 09:44:20 AM
 #2

Great news.

It's a start, I think they'll eventually come around and recognize it as a currency, only a matter of time.

Till then, will probably cause bull trend.
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March 21, 2018, 09:52:23 AM
 #3

With crypto still being in its infancy, its footprints are definitely going to change over time, whether asset or currency, its ready to define the myriad facets of its growing steps.
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March 21, 2018, 10:35:01 AM
 #4

Source - https://www.cryptoleak.io/breaking-news-g20-considers-crypto-to-be-an-asset-rather-than-a-currency/

Crypto is an asset that can be used as a currency.

I think once crypto projects actually have a product, it can be considered a currency.

Thoughts?
It has been stated by so many countries if crypto is such as a commodity rather than become a currency.
The majority if altcoins can be considered as assets.

With the scalability problem of bitcoin means it will be more suitable to be the commodity and I was agree about that but remember crypto is not only a commodity because that was having the more advantages to be the alternative payment method.

I guess crypto has so many definitions.

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March 21, 2018, 10:36:45 AM
 #5

As of now it's not yet bright clear what is definite answer. Good thing is that there is no hold back or anything that will be on the way of technology growth.

Scams need to stop, but technology should remain intact.

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