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Comment for Proposed Rule 82 FR 60335

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  • From: Richard J Tavolacci
    Organization(s):
    US Citizen

    Comment No: 61558
    Date: 2/7/2018

    Comment Text:

    I am a US Citizen and I would like to thank the CFTC for its open minded stance on virtual currency. I agree that regulation will be needed in the future to protect the average investor, however for now the space is very young and still requires time to develop.

    I am confident that the US CFTC will set an example for the rest of the world to follow on virtual currency. I can envision a future where all nations can agree on the potential of virtual currency to revolutionize the global economy. Faster, more efficient payment methods, reliable, counterfeit-proof ledgers and traceable supply chain logistics are just a few of the many benefits virtual currency offers as a compliment to traditional fiat currency.

    In conclusion, I support the CFTC's current stance on this matter and will continue my support for the foreseeable future.

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