You are viewing a single comment's thread from:

RE: Chinese government is cracking down on alternative exchanges. This is how governments work people. Please stop wishing for regulations and collaboration with them. Just say no.

in #bitcoin7 years ago (edited)

We are in for some major regualtions this year in the crypto space across many parts of the world (China, SK, US...). Regulations are needed in the space in the long run as there are a lot of shady projects and practices in this space BUT the public need to make sure to keep their government in check as to much regulations (or unjustified regulation) can seriously hinder the growth of this NEEDED space (that IS the future...). There is a really fine line in terms of regulation, and I agree people should make sure that governments/banks do not go overboard in an attempt to destroy or co-opt the crypto space as a whole (to eliminate it OR co-opted it for their own gains at the cost of the public).

2018 is going to be an interesting year to say the least...