Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin Die because of global Regulations?
by
Verde_Mantis
on 29/07/2018, 01:51:07 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?
Bitcoin will never become centralized, the only cryptocurrencies that may be created to be centralized would be countries' cryptos, but it wouldn't make any sense since the cryptos were born in order to be decentralized...