Hey Steem-Team,
In line with my previous post, cracks are forming in the wall of the establishment's resistance to cryptos. Again, this can only bode well despite the fact we might not give a rip about what the Word Economic Forum has to say. However, it clearly has affected the price of ETH which has torn back to the upside.
The reality is that those of us in the eco-system already know what these clowns are only just tuning into: Cryptos are here to stay so get on board already.
From the WEF report:
“This report helps us to understand that a distributed blockchain ecosystem need not be a disorganized one, and improved governance need not imply formal governmental legislation or regulation,”
Let's just say that I'm very happy they're conceding and not talking about formal regulation. The only concern I have is how long until they do start looking into it. If they do, that will only push coins like cloakcoin and others working harder completely anonymous transactions further out into the limelight.
For more info, check out this Zerohedge article:
http://www.zerohedge.com/news/2017-06-28/ethereum-soars-30-tops-300-after-wef-blockchain-report