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Author Topic: Bitcoin and cryptocurrency, between legal and illegal in the world?  (Read 607 times)
KatyaTonkosheewa
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August 19, 2018, 11:35:56 AM
 #101

The issue of banning cryptocurrencies is not yet quite acute. After all, if you think about it, then attention was paid to the crypto currency because of the rapid growth of Bitcoin in 2017. However, Vietnam has already banned cryptocurrency, China also adopts legislation to ban cryptocurrencies, and Russia has already adopted such a law. This law is certainly not about banning cryptocurrencies, but a simple man in the street will not want to do it, as it was before. Anyone could mine cryptocurrency and get a reward for it, now it will not work. Speaking about the prohibition of cryptocurrencies is great one sentence: you can not defeat the enemy? To lead it. So, if cryptocurrencies continue active growth, many countries will already think about either a complete ban or the control of the cryptocurrency as a means of payment.

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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August 19, 2018, 10:00:13 PM
 #102

If the state considers the cryptocurrency a sufficient threat to its own emission, the cryptocurrency will be banned.

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