Ninjastic
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Board Bitcoin Discussion
Re: Will bitcoin Die because of global Regulations?
by
chromosomes
on 02/08/2018, 12:22:26 UTC
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?


Maybe you can say that bitcoin cannot gain much power due to the regulations of the world that is hindering it to be successful. We should have a positive mindset about bitcoin's future if we really want to keep on gaining benefits from it. Supporting it is the simplest thing we can do if we want bitcoin to survive world's regulations.