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October 16, 2017, 08:45:52 PM |
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The government can not regulate bitcoin itself, but rather regulate its use in its country. Bitcoin works independently and decentralized with no need for banks or institutions to dictate rules or change the way it works. The government may just regulate how your country will use the bitcoin, how the population will pay the tax for its use, that kind of thing. It's a crazy thing to think, but it's like it's drugs, the government can ban the sale and purchase of it, but it can not prohibit the user from using it.
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