Re: Will bitcoin Die because of global Regulations?

Quote from: ronypro on January 16, 2018, 03:09:52 PM

Frist China want to ban all the foreign exchanges in their country.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

then France Creates Working Group for Cryptocurrency Regulation
https://cointelegraph.com/news/just-one-person-found-to-have-caused-bitcoins-jump-from-150-to-1000-in-2013

then German Central Bank Director: Crypto Regulations Must Be International
https://cointelegraph.com/news/german-central-bank-director-crypto-regulations-must-be-international

Also India already setup a board for crypto regulation.

What is happening all over the world?Something whats soul purpose is to be decentralized will eventually be centralized?

How much do you think a global regulation on crypto will affect the overall market in this year?

The question is not whether Bitcoin should be banned, but can it be banned?

Even tracking individual wallets is difficult, because a person can easily hide it with VPN, Tor, or move a wallet into a cold regime (offline).

Moreover, people involved in crypto world would protest against law regulations, as they are threatened to lose their investments.