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Super Moderator
Join Date: Feb 2000
Location: Naperville, IL USA
Posts: 14,986
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There's no governmental managing body. Thats true. Eventually this will happen. There are world governments starting to regulate or, in some cases, create their own. I think we may end up seeing National crypto currencies that can't be mined, controlled by that government.
Currency is bought and sold every day. The big difference is, it is much more stable. Right now crypto is fueled on hype and speculation as you've said.
That said - it is somewhat self-controlled based on its very nature. The math and such...
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Chris
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