Quote from: Vohoanghiep on October 13, 2017, 04:59:25 PM

Quote from: VitKoyn on September 29, 2017, 07:36:23 AM

South Koreas Financial Services Commission has announced that all initial coin offerings will be banned in the country. and said
"All kinds of initial coin offerings (ICO) will be banned as trading of virtual currencies needs to be tightly controlled and monitored."

Source: https://news.bitcoin.com/south-korea-bans-initial-coin-offerings/

What do you think? Is this ban only temporary and after implementing regulation it they will change their decision or they will do what China did?

It is necessary for the economy of a country when it wants to grow and they want to control and control everything according to their will. They still allow Bitcoin to work, but Bitcoin must be tightly controlled by the central bank and government, which is a sign of a developed nation.

Controlling bitcoin tightly is not sign of a developed country is the sign of a country that does not tolerate to not have something under their control but no matter what they do they are not going to be able to fully control bitcoin and that is thanks to the genius satoshi was and the measures he took in order to make bitcoin an incredible difficult project to shutdown.