Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ChixHunter on September 22, 2018, 12:57:48 PM

Title: Should apply basic rule in crypto currency market?
Post by: ChixHunter on September 22, 2018, 12:57:48 PM
The risks of the bitcoin trading warns by government's countries such as : many criminals used virtual currency as a tool for money laundering. Second, virtual currency is a digital form, so the risk of hacking, stealing, changing data is huge. Third, virtual currency values fluctuate continuously, so the investment risk is so high. Fourthly, virtual currency is an asset that has not yet been managed by a state management agency. When a dispute arises, the legal safety of participants is very difficult.
Hence, there are some of financial specialist in called for governments to regulate and tax bitcoin, labelling the cryptocurrency an object of speculation and a tool for money laundering.