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RE: South Korea News - Bitcoin to be regulated, Company pays 1 Million USD to Hackers

in #bitcoin • 7 years ago

Regulate means control. If Bitcoin becomes government regulated/controlled on one country then other government's will probably follow. Not good.

7 years ago in #bitcoin by
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     7 years ago  

    If they don't start to find ways to track accounts for tax purposes and money laundering, we will see stronger and more panicked measures taken in hindsight.

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     7 years ago  

    I guess my thinking is that government involvement will just make things worse. Crypto will turn into more of a regulated stock market instead of the semi wild West that it is today.