Decentralized regulation, crypto economy ICO evolution, Bitcoin is going mainstream

Central authorities do not approve or even ban crypto assets due to the lack of regulation. Although crypto economy would be much more efficient on many fields, it still needs to address problems or regulate in a decentralized manner.

This assessment is already happening on national and global level. Bitcoin is accepted differently as a form of payment or store or value in many countries (Japan, Australia...) and is going mainstream. ICOs are banned in some countries (China, South Korea...) or limited (America...), because there is no fraud protection. This restrictions or crypto assets can and will change quickly.

Central banks are mainly monitoring crypto assets, issuing warnings for the loss of capital, until volume will affect monetary policy. ECB chief said Bitcoin is not mature enough to regulate and he admitted it would not be in their power to regulate. Some suggest that new crypto or digital currencies will emerge for this reason. 💸

The others suggest that central banks will even buy Bitcoin, also called digital gold, so they can regulate. This would be some kind of decentralized centralized hybrid. ☺

What is your opinion, what will happen with crypto, blockchain economy? ❓

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