CFTC Chairman Says Cryptocurrencies are Here to Stay

[FXTradingPro]

Some very positive comments from the chairman of the CFTC. He says that cryptocurrencies are here to stay and he fully understands the need for innovation. At the moment both the CFTC and the SEC are focused on cleaning up the fraud.

https://forexmarketslive.com/cftc-chairman-says-cryptocurrencies-are-here-to-stay/

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[Wind_FURY]

The CFTC chairman should tell us what we don't know. "The cat is out of the bag" is what most Bitcoiners would say when Bitcoin became notoriously popular after the news about the Silk Road became viral all over the internet.

The question though is, "Is that statement an act of surrender?"

But we should be humble, and take this attitude, "Bitcoin is a software experiment that could fail."

[CryptoDamon]

I do agree with him. This technology is made to make our lives better. We are not moving backwards when it comes to innovation so this great technology will remain for a very long time unless there's a new technology that could replace it.

Cryptocurrency is the future of currencies. Whether we like it or not, we really need to embrace this technology for we will be forced to use this in the near future when doing almost all of our daily transactions. It may sound ridiculous but its very much likely to happen due to technology advancements.

[BitcoinHodler]

this sounds like another SEC attempt to create chaos in the market.
we already know that they did it with ETF while showing interest and releasing statements from members about how they are positive about bitcoin then they rejected it and created more volatility. now again another positive looking statement and then another reject is on the way i am sure.

[coinwizard_]

This is positive news from the regulators. If he had said the opposite you can bet another dump on the markets. Even if there is no positive reaction yet this is good ammunition for the next bull run

[Marcel666]

Except of course there was any higb profile plan to hijack and override the system, digital currency is her to stay.
The alternative and Variety it offers to investors presents enthusiasts with different investment options. And it also gives users control of their assets, in a decentralized, and transparent protocol.