Re: Regulations Not Working as Planned??

Quote from: peter0425 on Today at 11:57:29 AM

Personally I think governments are having a hard time trying to control crypto because even they do not understand it completely. Its decentralized nature makes it hard for the government to just grab it by its neck and kill it. Crypto is a very gray area if you will so regulations must be wisely implemented.

I have read the list of government ruling in their respective countries that are holding Bitcoin. List of countries holding the biggest stach of Bitcoin. That means the government of thse countries are trying to gain from Bitcon rather confiscating it or selling it in the global market.

Next, we can see how a few countries like the US have come up with ETFs so that they can control a decentralized product through their financial institution. This is just the beginning we will be seeing more of such ways to try and take control of Bitcoin and it's price.