Bitcoin’s big bet: Is crypto trading basically gambling? - Sydney Morning Herald

There many curly questions confronting policymakers as they try to figure out how on earth to regulate the wild world of cryptocurrencies.

Davis, a member of the 2014 Financial System Inquiry panel, says in his submission that buying a cryptocurrency such as Bitcoin is primarily (if not exclusively) a form of gambling/speculation. He s… [+4649 chars]

full article...