Re: Will bitcoin Die because of global Regulations?

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?

The regulations of the world is the thing that limits bitcoin from giving everyone the benefit of the doubt of knowing it more. A lot of countries has already banned bitcoin due to the threat they've felt towards its growth within their nation. If it will keep on going on, bitcoin might really die and vanish as it gets restricted all over the world.