Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin Die because of global Regulations?
by
Bitcoinbitcoin0909
on 06/08/2018, 17:03:47 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?


No one knows yet but there's a possibility that it would occur knowing that global regulations has been limiting bitcoin's dominance all over the world which may lead to lower demand as it gets more strict for some countries. We should go against too much regulations or else we will not be benefiting anymore from here and might end up loosing all of our earnings in the future.