Bitcoin’s Legal Status Around the World

in #bitcoin • 8 years ago

FUTURE CHANGES IN REGULATION

It is unlikely that bitcoin becomes widely accepted as a currency any time soon. Its decentralized nature makes it difficult to regulate, taking away the central banks’ authority. In Satoshi Nakamoto’s 2008 paper that created blockchain and subsequently bitcoin, this was the main advantage of cryptocurrency, but they won’t relinquish their control over money supply. There are lots of arguments for either side of legalizing bitcoin, but we cannot tell what will happen in the future, merely wait and watch as the events unfold.

this is a snippet from an article on themerkle, just sharing the info, what're your thoughts on this?
the article is linked below.

https://themerkle.com/bitcoins-legal-status-worldwide/?utm_medium=push&utm_source=onesignal&utm_campaign=traffic%20boost&utm_content=extended%20%traffic%boost

8 years ago in #bitcoin by
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     8 years ago  

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