"Cryptos are a modern Miracle" -CFTC Comissioner

If you are anything like me you check crypto market everymorning. While this morning was a bit of a kick to the nuts, with bitcoin dropping to almost $7k, there seems to be a bit of good news along with this Saturday nights flash crash. I was reading this article this morning and it seems the CFTC Comissioner seems to be backing the ideas of cryptos and that is great news for all of us crypto holders. It validates what we have believed all along, cryptos are the future! Here is what he said:

While the CFTC, IRS and New York Attorney General's office are all cracking down on cryptocurrency exchanges, it seems to all be part of the government's embrace of virtual currencies. Last week CFTC Commissioner Rostin Benham called cryptocurrencies a "modern miracle" at the Blockchain For Impact Summit held at the UN in New York last week.

But virtual currencies may – will – become part of the economic practices of any country, anywhere. Let me repeat that: these currencies are not going away and they will proliferate to every economy and every part of the planet. Some places, small economies, may become dependent on virtual assets for survival. And, these currencies will be outside traditional monetary intermediaries, like government, banks, investors, ministries, or international organizations. We are witnessing a technological revolution. Perhaps we are witnessing a modern miracle.
-Rostin Benham

There you have it, straight from the horses mouth. "these currencies are not going away and they will proliferate to every economy and every part of the planet." What better news could we have? They know it will take over, they don't even deny it anymore! Hope this helps lift everyones spirits this morning. Just Hodl and wait ;)

Peace, Love and all that hippie shit!