Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin Die because of global Regulations?
by
Liza Soberano
on 28/07/2018, 23:56:45 UTC
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?



I think yes, specially when the rules that has been publish is about the bitcoin and its negative part when people use it. If that will become the rules globally many countries will make a decision like making bitcoin banned in their country or stop using bitcoin in their country. If that happens many people would suffer and many people will lose hope on becoming rich or wealthy because bitcoin helps many people to avoid being poor.