Anyone who is stressing out about Bitcoin and crypto currency markets... you must be new... Let me say a few things. I've been around Bitcoin almost from its inception.
Whats happening in China, happened here in the US as well. Let me give you newbies a lesson.2014 we saw the US Govt issue a very similar statement to China. Bitcoin exchanges need regulations. Fast forward a few months.... Coinbase becomes the first regulated Bitcoin Exchange in the US and their membership numbers have not stopped growing since.
I want to say two things.
1.) Regulations are not a bad thing. AFTER United States set those regulations in place for exchanges, we've seen investments and institutional money pour into the technology and growth has been unfathomable.
2.) You can't 'BAN' Bitcoin or any other cryptocurrency. You'd literally have to shut down every computer and miner who process it, on top of taking it away from every user who owns it. Which literally at this point is impossible due to its distribution. IT would be easier to stop all drug trafficking than it would be to 'BAN' Bitcoin... and we see how well 'The War On Drugs' is doing haha #bitcoin #cryptocurreny #knowyourhistory
