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RE: Look what happens when you try to ban cryptocurrency:

in #cryptocurrency7 years ago (edited)

What's interesting is that a politician's stance on cryptocurrencies might be one of the hot topic policy issues going into the next presidential election. It may soon be political suicide for someone in office to oppose cryptocurrencies in SK. Koreans have been historically been very vocal about things they want changed, the impeachment of then President Bak Geun Hye is a good example. Let's see if they can leverage that voice to maintain the security of crypto trading this year!

Now what I wonder is if the cryptocurrencies can become so ingrained in the political fabric of the US, like debate over gun control or how to handle healthcare, that any move to ban crypto will be met a force like we're seeing in Korea. Because if that level of legitimacy can be established, it would be a HUGE signal of staying power for the crypto space.

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Agreed 100%. Great comment!

It's great to see them stand up for their rights. It's only a matter of time until the blockchain technology and cryptocurrencies become a big part of american politics. The public here is just starting to hear about these things, and it's still relatively unkown territory for most people in America.

You comment is as cool like one of good articles i've read :) just awesome!

based on exchange prices, Koreans seem to be very eager to get into the crypto game.

Who has a mortgage anymore?! I just bought my house with my bitcoin profits...

I totally agree with you