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Well it seems like even the actors who influence the G20 finance minister talking heads[0] cant even agree on what to do, except for asserting that somehow they
by cinquemb 9y ago
Well it seems like even the actors who influence the G20 finance minister talking heads[0] cant even agree on what to do, except for asserting that somehow they will need to be in charge.
I think that concentrated power structures (that exist today or evolve in time) that can exploit this environment will win in the long run, but it won't necessarily be in any particular nation states interest.
[0] https://www.euromoney.com/article/b17jt5vnb3fn3m/g20-ministers-wrestle-with-cryptocurrency-oversight https://www.euromoney.com/article/b17jt5vnb3fn3m/g20-ministe...
- CryptoPunk 9y agoAny centralization of a sector of an economy needs to be politically coordinated so the fact that the G20 heads don't agree on a plan is promising. I think it's possible some of finance ministers of the G20 members like the disruptive potential of cryptocurrency.