The future of Biticoin - regulatory restrictions are comingApart from the pomzi scheme and the pupil frenzy that has been created there are now more world governments considering the implemention of government regulations on cyptro coinage. Turkey has implemented restrictions and India is considering it. I can tell you, the frenzy around Biticoin will force governments around the world to either ban usage or place regulations on the use of coinage. That's of given. Why? Taxation is the key catch phrase. Use of cyptro coinage is starting is catch the eye and ears of government agencies and I beleive the IPO on Biticoin was the last straw that has broken the camels back.
The US is now faced with a 30 trillion dollar debt. Ask yourself, how is this debt and the interest incurred from this debt going to be paid. Yellen has spoken to other countries and encouraged other countries to increase thier corporate taxation level. Taxation increases will take shape in many other areas. Governments are hungry for money to support the interest costs on debt.
In my opinion taxation and even the discussion of taxation is going to create a major problem with investing. The market is very overvalued and the discussion of taxation is going to put investors on edge.