As we know, a panel of the UK House of Common Treasury Committee on May 17 proposed retail cryptocurrency trading and investment to be regulated as gambling as they viewed it as same risk, same regulatory outcome. I later threw this
on board, and I was encouraged as people overwhelmingly disagree on this.
I know right from onset that even at their wildest dreams, they can't achieve this by any means, there's no way they can paint the bitcoin network black and the true colour will not fish out always, the crime in using fiat is far Higher than we could get with bitcoin, but because they are the ones in control of the monetary policies and handles the financial sectors decision, they wouldn't see printing of fiat without limi is fraudulent itself.
Since it's a mere proposal, yesterday, the Treasury's Economic Secretary Andrew Griffith blatantly rejected it as he firmly disagrees with the stance of the committee.
Definitely, not all of them will sleep and head to one direction, they all cannot reason together thesame way, there must be a contradictory opinion from their decision, bitcoin is now getting better and relieved of government threats since we've begin to have among the government officials bitcoin pro, they are there to raise a counter fight against every attack aimed at bitcoin.
