Quote from: matjas on Today at 11:44:57 AM

Quote from: towi078 on October 17, 2021, 10:54:29 AM

Regulatory issues for cryptocurrency have actually been around for a long time. In fact, it was several years ago. But it seems, in the past year or so, it has become a serious topic of discussion in several countries. And it seems, some countries will soon implement it. What I personally think is, if true, many countries start implementing regulations for crypto currency, will this change the nature of crypto, namely decentralization to not being fully decentralized? What do your friends think here? Please share, hopefully this can add insight for all of us 😊🙏

Crypto has been a threat for some countries for some time now and will continue to be. We have to know that USA will do anything to protect their dollar, which is still a major currency when it comes to trading around the world. They certainly don’t want to lose their monopoly to any other currency. Same goes with China and their market share, I don’t think we will ever see acceptance from most powerful countries.

Perhaps, we don't need them either. Crypto will grow without their support and in fact, we've been in the situation before that nobody even to recognized the benefits we got from Bitcoin. But among those countries you have mentioned, only China ban crypto while the others are welcoming crypto in their place. It can happen that they could never just ignore Bitcoin forever and sooner or later, China will look it back and accept crypto again.