Cryptocurrency & Governments
Everyday you are hearing ongoing events about where cryptocurrency will take us. Many governments are starting to announce their own cryptocurrency. China is busy with creating its own cryptocurrency, Russia is creating the Cryptorubble and now I just read that Australian FinTechs have strongly evoked the government to step up and also create their own cryptocurrency.
Where will these governmental events lead us in the cryptocurrency developments? Will the major cryptocurrencies as BTC, LTC and ETH survive? If so, will other cryptocurrencies as ARK, GOLEM or FACTOM also survive? Or are these cryptos more likely to evaporate in to dust? Many great projects, but regulators are standing in the way of developing and realizing such great projects. Of course some cryptos have partnerships with large enterprises, but many of them do it all on their own.
How do you think about this?
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