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?

First of all, banning is SO different with regulations. Banning is a bad thing for cryptocurrency, while regulating is a good thing in cryptocurrency. Banning is like, taking something out forever or only for a period of time, maybe short or maybe long. While regulating is just to make it more like a balance type of system for everyone, so it is a good thing.