Quote:
Originally Posted by jscott
Ruff do you think it'll be approved? From what I've read so far, it's got a 38%'ish of passing, based on some experts opinions.
I know you're a total maven with it, so I'd like to know your opinion on the passing/failing approval. ;)
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I think it will be approved, but I have no strong basis for my opinion. I read what others think and the percentage of people thinking it will pass has moved from 38% to roughly 50% now. I think the government is wanting to regulate BTC but they have not figured out how to do it. Investors see it as something with intrinsic value based on a worldwide demand for a finite resource. Essentially it's value to people is the same as gold. If it is approved though, it will legitimize BTC and it will go to the moon.