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Will Bitcoin Ever be Regulated?

Discussion in 'Cryptocurrency' started by rossy0309, Dec 2, 2019.

  1. rossy0309

    rossy0309 Registered

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    Will Bitcoin Ever Be Regulated?

    This article is originally published in Albaron Ventures.

    As Bitcoin and other digital assets continue to grow in adoption and popularity, a common topic for discussion is whether the U.S. government or any government for that matter, can exert control of its use.

    There are two core issues that lay the foundation of the Bitcoin regulation debate:

    The digital assets pose a macro-economic risk. Bitcoin and other cryptocurrencies can act as surrogates for an international currency, which throws global economics a curveball. For example, countries such as Russia, China, Venezuela, and Iran have all explored using digital currency to circumvent United States sanctions, which puts the US government at risk of losing its global authority.

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    Full article here...
     
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