Hello Guys. These days bitcoin has reached a new high like never before and for sure many governments are are taking notice on it.
I'm from algeria and in the new 2018 county finance rule they labeled cryptocurrency transactions as illegal and that happen also in morocco and other countries i believe . the reasonby was that crypto could be a way of moneylaundring for criminals .therefore my question is ,if most of the countries made dealing with cryptocurrencies illegal, would that mean the end of it ?
One government will not kill bitcoins. We have already observed how America tried to regulate the bitcoins with the help of the SEC, and they watched as China tried to ban the ICO, but this only temporarily influenced the courses of the crypto currency, but then they all the same turned away. That's why it's worthless to be afraid.