RE: Market drops as South Korea government plans to ban trading cryptocurrency as it's seen as gambling!

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Market drops as South Korea government plans to ban trading cryptocurrency as it's seen as gambling!

in bitshares •  7 years ago 

Bitshares mitigating plan is being a decentralized exchange. Which it is. No one can ban it.
Moreover, this "plan to ban trading" is just that, a plan. They don't know how they'll do it or if it'll happen at all. The bill must pass by voting in their government, this could take years and they didn't even propose it yet.
Every korean trader is welcome on the Bitshares DEX

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So long term it should be a "win" for BitShares DEX if the plan-2-ban is realized?

Theoretically, yes.

In practice, people are dumb and unpredictable

hi hi... I believe you are correct ;-)