Ugh... another government talks about banning cryptos
If there is to be a nomination for word of the year then the word "Ban" must be in with a great chance of winning.
So, what have we here? Yet another government is has been considering how to regulate the un-regulated -- cryptos and Bitcoin. If they can't think of a easy way to regulate, the "easy" option is to just ban it.
So now South Korea joins an esteemed and ever growing list of governments who have either banned or are considering/considered banning cryptocurrencies. This crypto stuff must be a really dangerous thing if they are all so worried about it. Is it a financial weapon of mass destruction that must be sniffed out and snuffed out at every opportunity?
Those in possession of it, must be dealt with severely?
Some would say cryptos cannot be banned or regulated, but governments would beg to differ.
You think cryptos cannot be banned or is unstoppable? I'm not sure sure about that, underestimate the power of the dark side at your own risk :-)
Leave us a comment to let us know what you think?
Some countries will ban it, others will allow its use until it becomes a major threat to their monopoly on making the money for their country. Either way, the development and adoption of Cryptos will continue regardless of price. I just posted my first Steemit Blog, I have been following Cannabis and Cryptos for sometime and write about it quite often. https://steemit.com/introduceyourself/@vinmaru/hello-steemit-join-me-as-i-share-my-research-and-expertise-in-cannabis-cryptos-precious-metals-and-more-i-am-an-editor-research
Thanks for your comments and best of luck with your journey into Steemit.