Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin Die because of global Regulations?
by
millionaireshs
on 31/07/2018, 15:14:25 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?



Even though it limits the people from using this cryptos government cannot really stop its users from using it. Actually even though it has been banned, there are a lot of ways to access these alts. people will always look for alternative ways to still transact it. Internet has its ability to operate things in underground this can be also apply to the crypto too. LAstly, the issue that talks about the banning of cryptos doesn't really affect the price of crypto so stop spreading that fake news.