EU Commission is afraid of crypto

in #life7 years ago (edited)

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"BITCOIN and other cryptocurrencies do not have a "guaranteed value" and should come with a "clear and frequent" warning to investors in order to safeguard them from possible risks to their investments, EU financial services commissioner Valdis Dombrovskis said."

Lets start of since when did Eu Commission gave a single fuck about investors, only thing they care about is to drown people in dept and print more paper. They are simply afraid. Bitcoin and other cryptocurrencies have attracted a growing number of investors since their value began skyrocketing shortly before Christmas 2017.

Dombrovkis said: "We do not exclude the possibility to move ahead by regulating crypto-currencies at the EU level if we see, for example, risks emerging but no clear international response emerging.”

From my point of view you can run but you can't hide, crypto will run over £$€.!

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Nice post @raimo, thanks for sharing!