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Board Marketplace
Re: Bitcoin global regulation
by
prinlyn
on 26/09/2018, 12:08:52 UTC
For the foreseeable future, I am sure that more and more countries will legalize the use of bitcoin in their countries. Want it or not they have to accept it because of the development of technology that must include bitcoin in it.

It will eventually when they realize that some countries are making best use of the bitcoin and technology and it is helping their economy as well. This will put pressure on other countries as even they want to grow and make their people more employable and this is a the good field where more jobs can be created.


 I.agree with this. There will be no.further growrh of cryptocurrencies and their implementation in economy and society in general without regulation, that is something that is necessary.
More and more countries are realising that fact and they are aware that cryptocurrencies can't be avoided anymore so it's better to put them in some legal framework that everybody can have use of it.
Global regulation is inevitable, it's just the question of time framework when it will happen.
Cryptocurrency is the new era currency and the coming generation will use only cryptocurrency as we use our local currency today. Some people still do not believe in cryptocurrency and say it is a scam and the investors will lose their money, but besides the fact is that they do no know the importance of cryptocurrency. Later or sooner they would realize its importance.
If bitcoin is regulated globally its value will be 10 times more than that of today. The use of bitcoin will also increase. More and more people will come to know about bitcoin and they will put their money in it and will enjoy the rest, because bitcoin is the leading crypto in the market and people will use only bitcoin in their local markets. This time is very near.