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<p> The United States government is going to be learning with research about crypto currencies with $3,000,000 of the grant to a few people to do the research.That money is a ton of crypto currency waiting to happen. The questions arrive what are they researching for and what can we expect to come out of it? Well, this is speculation but with the learning of crypto currency and the public recording of all payments through the block chain this can be a way to tax or a way to advance. </p>
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<p> Either way there are many ways the United States can bring a lightning rod to crypto currency including Bitcoin. The largest online crypto currency Bitcoin is gaining fame worldwide and staying steady at right under $300. With the government investing $3,000,000 the price of all crypto currencies can move up which will bring more investors into Bitcoin and other crypto currencies.Shi a person connected with the research said:</p>
<blockquote><em>WE BELIEVE THAT OUR RESEARCH CAN HELP ESTABLISH CRYPTOCURRENCY AS A PROMINENT RESEARCH AREA, AND MAKE A BIG IMPACT IN SHAPING THE FUTURE OF FINANCIAL TRANSACTIONS AND E-COMMERCE.</em></blockquote>
<p>This proves the point that big government moving into the cryptocurrency world can bring more research and development when there isn’t really an organization to give funding now there is the USA. This brings bright news to people who thought crypto currencies can be a flash in the pan or something that would never advance the US can bring this crypto currency into the mainstream and possibly even replace current monies.One thing about this it is not the first time the US government has danced with the idea of researching crypto currencies the NSF has brought money into the research field more than other organizations have just using and not investing much. Of course when you see that the residing leaders of the world have blocked the use of Bitcoin it is a breath of fresh air to see that the NSF is putting money into crypto currencies.One thing that could be happening is they could try to clone a digital currency and use that to replace the dollar so people would not have to pay so many fees to bankers. The instant transfer is not something that is easy with big banks, but the truth is it is also costly Bitcoin and other crypto currencies replace that problem with a low transaction fee and instant service.The only thing in my opinion that could get better is support and with a government backed crypto currency there sure would be a support system attached unlike the current system of crypto currencies. </p>
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