Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin Die because of global Regulations?
by
renc77
on 02/08/2018, 05:59:24 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 these countries wants to help Bitcoin in their own terms, they are not intend to destroy its capacity to help each person to have financial capabilities. These countries wanted their people to have a protected and safe systems of cryptocurrency.

Bitcoin will never die. It develops and adopt the culture of different places in the world Cheesy