Post
Topic
Board Marketplace
Re: Bitcoin global regulation
by
LuanX3
on 25/03/2018, 01:24:41 UTC
rices started to fall in the Indonesian marketplace all that must be a change

Sir, bitcoin prices fall not only in the Indonesian marketplace. The reason of that is the rude laws of regulation and the ban of the advertising in AdWords, Instagram and Facebook. This all factors influensed on cryptowrld I think
Well it does not decide the future of bitcoin at all, if in Indonesia your bitcoin is gonna ban then in several countries bitcoin being legal currency so I think level is going equal. In Japan we have heard about bitcoin legalization which is quite true. For now there are a lot of bitcoin investors who are making it famous and soon we will see bitcoin globally legal and regular because bitcoin has become very famous worldwide, benefits of bitcoin is popular in the whole world so we can expect bitcoin to be regular globally just after the hard work of couple of years, maximum after 5 years bitcoin will spread worldwide as legal currency.

That is being optimistic. So far a lot of jurisdictions are very aggressive about banning bitcoins and cryptocurrencies. Problem is the governments are scared of what bitcoins are and because they know they cannot regulate it. So even if they put out regulations, such can be ignored by the public and they can just continue to use the currency without even caring for public laws.