GNAT: We Can Earn Income From The Bitcoin Market

GNAT published its research report on cryptocurrency. In the report, "We can Earn Income from the Bitcoin market," expressions were used.

The inside face of the report named "Digital, Virtual and Cryptocurrency Systems" published by the GNAT Research Services Presidency has been revealed. Increasing interest in cryptocurrency in Turkey has been the subject of research, drawing the attention of the Turkish Grand National Assembly (GNAT). According to Milliyet's report, the Research Services Directorate started the necessary investigations due to this interest and published this report. In the content of the report, the decentralized infrastructure of Bitcoin was highlighted and the differences between gold and fiat money systems were explained. What gained attention in the report details was the mention of the largest cryptocurrency Bitcoin. In the report, the following statements were used regarding Bitcoin: "Bitcoin is free from the supervision and regulation of banks, brokerage houses, authorities and governments, all transaction costs and restrictions." In the report, which pointed out that the largest cryptocurrency Bitcoin will be more likely to replace traditional payment instruments over time, the following statements pointed out: "If the risks are evaluated and incentive regulations are made, it will be possible for us to earn income from the Bitcoin market." In this report, announced on April 16, some concerns regarding crypto assets were also expressed. Regarding the subject, the following statements were made: "Although Bitcoin and altcoins correspond to alternative currencies and are not bound by any authority, their use in money laundering and illegal transactions cause concerns, the existence of the digital currency phenomenon in current conditions is seen as a success stage of historical accumulation and studies and regulations to keep up with this stage." In the conclusion part of the report, it was noted that the technology brought by Bitcoin is promising and open to development.