Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin Die because of global Regulations?
by
Bitcoinislife09
on 03/08/2018, 07:03:10 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 don't think global regulation will cause bitcoin to die though it has somehow has an effect. Regulating means limiting one thing in one area. Though using the word global means it will be more spread and acknowledged by many countries, bitcoin will still continue to grow. They might regulate its usage for international purposes i guess. But overall it is somehow helpful for bitcoin. Reality speaking, some things are really need to be regulated.