Cryptocurrencies: are governments prepared for a 15% drop in GDP?


The [average age](http://fortune.com/2018/01/24/young-men-buying-bitcoin/) of global crypto users is currently 34. They are the largest cohort and it is predicted that because of them, in less than 10 years, 15% of the population will opt for digital currency above traditional money.

Bitcoin’s digital monetary competition is one that governments cannot control. A population shift of 15% is significant, reducing the options of any nation’s government and providing suitable cause for concern.

[https://medium.com/coinmonks/cryptocurrencies-are-governments-prepared-for-this-fd477ba8663b](https://medium.com/coinmonks/cryptocurrencies-are-governments-prepared-for-this-fd477ba8663b)

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Koinex, one of India’s leading exchanges, launches Loop(a p2p token transaction Network). This, along with local bitcoins, could be the best counter move against RBI’s decision to bar banks from cryptocurrencies.


Koinex, one of India’s leading exchanges, launches Loop(a p2p token transaction Network). This, along with local bitcoins, could be the best counter move against RBI’s decision to bar banks from cryptocurrencies.

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View Reddit by blindspot7