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RE: Steem on the move. I hope my fellow steemians are in!
Do you think slowly all the Country will ban the ICO?, Not sure though. China started, now Korea.
Do you think slowly all the Country will ban the ICO?, Not sure though. China started, now Korea.
If ever they DO, then crypto markets will adapt, they will change things in the code so that they can abide by the new laws. And besides, suppose all countries decide to ban it, except for that new liberty country, and then everyone who has crypto does NOT get rid. Ar they going to put millions of people in jail? No, the costs will be way too high. Also, some governments might be banning ICOs but a lot of other governments may see profit where others do not. They will want in to benefit just like for mutual funds or anything else. I suspect that certain governments will adapt and develop a process that will make having crypto more "legit according to their terms". Plus, new Cryptos will be coded to fit with new laws, and there will always be new cryptos into which one can invest. They can't stop us, they can't stop crypto. They are trying, but the signs are there,: they deny your existence, then they ignore you, then they attack you, then you win. They are attacking crypto. After years of pretending it didn't exist and it was nothing, they are deliberately making crypto look bad and trying to stop people from investing in it. The future can seem scary at times, but things aren't as bleak as "they" would like us to think.
Wow, nice explanation. But only thing concern here is so much scam, if they regulate it for good. Than that will be the best thing can happen for cryptos.
Great response to the question. Thank you for that. Overall this will only lead to a better regulation which is actually good so only legit projects take place. In my opinion, this will lead to a better stability, adoption and therefore increase in the value of the most successful projects and currencies.
Exactly. Right now Crypto is still new and alien to many. As the blockchain grow, it will become better organised and that's always a good thing. Usually.