Electronic Money Supervisory Commission

Dave Archer’s opinion

Dave Archer’s opinion

We have also Dave Archer’s opinion on what he think abou the cryptocurrency and that this Bitcoin has a future.

I think Bitcoin and similar is just another short lived trend, which will die out, an interesting hobby for computer nerds and geeks.

You manage to amass 10,000 crypto-coins over a few years, but where are they ? Out there, on someone’s server,….Somewhere. Dodgy ! Server crash and hackers and there it all is ……. Gone.

What’s a coin worth ?, who sets the value of a coin, and against what ? How many coins equal 1 Oz. Gold ? Who says so ? A system too volatile and unstable.

Governments will not support it, they cannot tax it, so they will probably shut it all down
if it starts to get too popular.