How ironic...
It was just a few days ago that I came across an article by @blockcitynews about the state of Delaware debating about blockchain technology as it pertains to the law [read the full article here: https://steemit.com/blockchain/@blockcitynews/delaware-to-have-blockchain-law].
As you can imagine, and I'm not sure if everyone has seen this yet, but less than an hour ago, Coindesk.com reported that, "The state of Delaware has passed amendments to state law that make explicit the right to trade stocks on a blockchain."
I don't know about you guys but I think this is a GIANT leap in the right direction for wider spread acceptance and adoption of Blockchain technology and could be the catalyst to bring more great minds from other industries into the blockchain of things.
It's my personal view that the more diverse and brilliant minds that blockchain has thinking about it would accelerate the inevitable changes that the technology is bringing to the world on a daily basis. The right to involve blockchain in corporate stocks today, the right to involve it in something else major tomorrow.
If history has taught us anything from sociopolitical changes like the cannabis movement, it is that every major political shift in these types of movements usually start off with one smart state, and then others follow, and then the pressure starts to mount on the Federal government. I'm definitely not an expert on sociopolitical movements but I see a subtle congruence in the mood of the people.
What an eventful crypto day!...
First I learned about Mark Cuban's very smart and convenient change of heart towards cryptocurrencies from @sflaherty [which you can read here: https://steemit.com/ethereum/@sflaherty/mark-cuban-goes-from-bitcoin-naysayer-to-blockchain-investment-backer-don-t-you-love-hypocrisy] and now we have Delaware's government delivering more music for our faithful ears!
What do you guys think about this new law and do you think it would have a significant impact on overall sentiment towards cryptocurrencies or is my excitement premature as this law may be marginal compared to the bigger picture?
NOTE: It's important to keep in mind that any and all responses to my question are not investment advise and should not be considered in making any financial decisions. Figured I take care of the legalities upfront for everyone :-)...
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Source: http://www.coindesk.com/delaware-house-passes-historic-blockchain-regulation/