According to an article in the bitcoinist, The Philippines can be seeing an outline of draft rules on exchanges as early as next week. This is a major victory for the security of cryptocurrency. Why? because the individual is to mine (Proof Of Work) and take self responsibility instead of using exchanges like the stock market. That is not what crypto was designed for. It was designed to be self reliant and to make a difference solving world problems, not for greed.
I say it is about time. Too many people are using crypto the wrong way and passing themselves off as experts with no real understanding of the block chain at all.
Now maybe we can get some real people to teach crypto, and not the phonies.
https://bitcoinist.com/philippines-regulator-expects-draft-cryptocurrency-exchange-laws-within-2-weeks/
I say it is about time. Too many people are using crypto the wrong way and passing themselves off as experts with no real understanding of the block chain at all.
Now maybe we can get some real people to teach crypto, and not the phonies.
https://bitcoinist.com/philippines-regulator-expects-draft-cryptocurrency-exchange-laws-within-2-weeks/
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