Post
Topic
Board Bitcoin Discussion
Re: Why China and SK are doing everything right
by
Pursuer
on 01/02/2018, 08:26:56 UTC
when they issue warnings about not going crazy with investing in cryptocurrencies, that is perfectly normal. I think almost all the countries in the world has already issued a warning like that. and that is quite necessary and it doesn't mean they are against bitcoin when they warn people!

when they regulate exchanges and close those that fail to do it or have been laundering money, this should not be confused with banning bitcoin. and closing exchanges in some cases is perfectly natural.
even banning ICOs is perfectly understandable since they are not legal way of raising money and there is no product, no company,... to deserve this money raised.

but when they ban bitcoin (which happens to be in 3 or 4 countries and China and Korea and Russia are not one of them despite what the news keeps saying) things are very different. it is not normal and it has nothing to do with that warning I talked about. it is the panic that the corrupted governments have regarding their loss of control to fuck up the economy and fill their own pockets.