Will bitcoin Die because of global Regulations?

[onyebuchi81]

I don't think global regulation will kill cryptocurrency instead it will make it stronger.becausr it will instead increases investors confidence. And also help to prevent scam projects popping up here and there. This can be seem in most projects implementeing KYC  and AML

[splash914]

No ... given the level of development of modern technologies, I do not consider this possible in principle. This is not subordinate to the government ... or rather to the governments of all countries of the world.

[adjong]

for me it does not necessarily affect the global rules on bitcoin because all the way the crypto currency makes the value of all the coins or token, so the global regulations will not affect the buying of investors in Bitcoin

[Ayomiqueen]

Regulation can never affect Bitcoin because it is a security that is not raised by crowdfunding , so only altcoins that are raised by crowdfunding are going to be regulate base on how many cast away the public funds through the raise of ICOs which has brought a damage image to crypto but definitely not Bitcoin.

[Rodeo02]

I don't think global regulation will kill cryptocurrency instead it will make it stronger.becausr it will instead increases investors confidence. And also help to prevent scam projects popping up here and there. This can be seem in most projects implementeing KYC  and AML

As of now we cant know what to be exact may ever happen if this regulation may approved for there is some negative and positive side of this result but we have to be more practical and be alert , be as a person willing to wait and also to be as a flexible on.

[Sirnero111]

I don't think so reasons been that Governments that foster free markets won’t over regulate crypto currencies. They’ll regulate enough to protect its citizens from fraud like scammy ICO’s. They might go as far as to trying to eliminate privacy coins for tax purposes and stifle money laundering. But beyond that, they’ll sit on the side lines and let the crypto market grow and evolve. As for bitcoin, it’s up to the market whether it lives or dies

[Syarief28]

for me and my opinion, it doesn't really matter how many countries ban or prohibit bitcoin, there are still countries that support bitcoin. As a matter of fact bitcoin's popularity will become better known throughout the world. I believe no one can kill bitcoin in this era, maybe stronger than the previous one.

[Xalata]

Bitcoin will not die due to regulations but i believe it would rather get stronger. The world out there do not really understand how bitcoin runs and so what they can do for themselves is to put in some regulations to help secure the system.

[Zero504]

online business cannot be fully controlled and bitcoin continues to run with or without global regulations, they have their own world and do not affect the global economy in real terms, if the regulation ultimately prohibits the circulation of bitcoin, crypto business will continue and even improve quality because many experts continue to join every day.

[TobMarshall]

It won't go extinct because of that but it will curb the disadvantages the bitcoin poses. These nations are seeing that the coin cannot be stopped and that advancement is increasing. Every reasonable nation will want to secure itself. But is still poses some worry to the crypto community.

[hoamoclan]

Personally i do not think that bitcoin will die because of global regulations. In contrast regulation will help bitcoin fight against scam or hacker.

[Jay51]

The term global regulation you mean is quite broad to be disregarded. So for me I think that there will be a greater effect to the situation the bitcoin market is now in.

[wengden]

Bitcoin will not die,instead it will become more develop because of those regulations. Since it is global,it has more effect on situation of crypto market. Regulations could help us to kick all scam activities. It will become more popular to the community.

[Thiekungan]

This global regulation I don't think it will make a Bitcoin died. But make the Bitcoin getting stronger and can attract large entrepreneurs. And the existence of rules would certainly be reduced to prevent fraud and manipulation of money.

[Roberttran]

The regulations are in place. It will not make bitcoin die. And I think bitcoin will become more popular, fraud and scams will decrease. People will have more confidence when investing in bitcoin.

[Layers318]

I only see the other side of the story. Through these global regulations coming from several governments, the awareness Bitcoin only increase as people who never knew Bitcoin get to know about it. The very serious ones will take time to research and come out with the real and actual beneficial concept of Bitcoin.

[Akeeto]

The bans and the regulatory committees formed to target crypto are worrying. All of the talk about it being the death of crypto is laughable at the very least. Its very ideology is based upon its successful operation outside of the regulated currency systems. It is a contradiction to be excited about its growing acceptance and recognition as an asset. What excites is the expected growth of use from its acceptance is the subsequent jump in value.

[ovcijisir]

I only see the other side of the story. Through these global regulations coming from several governments, the awareness Bitcoin only increase as people who never knew Bitcoin get to know about it. The very serious ones will take time to research and come out with the real and actual beneficial concept of Bitcoin.

Yes this is good side of it. Every marketing is good marketing - and when more people talk about cryptocurrencies the more people will buy it.

[sumit.mathur101]

I believe it will have a negative effect for short period but btc wont die.

[ICOKite]

Though regulators have tried to clamp down on cryptocurrencies in general and particularly Bitcoin, I do not think it will lead to the death of Bitcoin. Many countries have started recognizing the potential opportunities of blockchain which powers all cryptocurrencies.