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China is right in one, there are a lot of scammers in ICO, many people who take money from fraud from other people, so it needs to stop. But I do not think that governments can stop this. We, as users and the bitcoin community, should be self-regulating.
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Bitcoin does not have a central bank, it is not controlled by governments and does not exist physically. In doing so, it has value, it can be used as a currency. It is based on blockade technology, which is used not only for the purchase and sale of goods. The value of bitcoin is in its usefulness.
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Bitcoin is illegal in Ecuador, but this country has released its own digital currency, created on the basis of a mobile phone.
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It is high time to regulate crypto-currencies by analogy with other currencies. When regulators accurately outline the rules, more official players will appear on the global market of crypto currencies - banks that are now afraid of risking their reputation and getting involved in adventures, he said.
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Bitcoins as well as the Internet are available to all and at the same time, therefore they can be used in all corners of the planet.
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This is simply amazing news! Now you can pay there crypto currency it's very convenient!
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