Noticed the Turkey banning crypto. I know it can't be banned. But still. This news shows that the possible regulations are coming. My speculation: Stick with top 10 cryptos. if possible BTC, ETH, BCH pairs. Most of the useful crypto would be harder to ban or devalue even if regulated bills come. Why? because maximum altcoins would have to wrap their shops once regulations around the world centralizes the crypto with the local FIAT. What do you think about possible regulations and the bans?
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2 comments
there is no way to ban crypto at this stage were in now that should be happen 10 years earlier but like with all the other things also the governments are not effective and that´s good for the people because now they are running behind an unstoppable trend, and their last resort is to bring out a own coin (all of them had this in testing or ready to lay out). Your suggestion with the top coins is absolutely right, maybe some of the smaller ones will also make their way but this is very risky so not for normal folks ;)
Unless there is a closed internet eg N Korea it will be very difficult for any country to ban as such - although cashing out to fiat could be a problem