Bitcoin price rises above $36,000 despite regulation calls

Bitcoin price rises above $36,000 despite regulation calls


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Maybe because smarter observers know this is a favorable sign of growing pains, not the cryptocalypse? By way of comparison, a trip down Memory Lane... "Efforts to Ban Encryption in the 1990s" https://epic.org/crypto/ban "State by State Internet Censorship Bills" https://www.aclu.org/other/state-state-internet-censorship-bills


Hopefully it rises more and very high. I wanna see again the excitement in everyone's faces


I want to see the excitement in my face too!


Mine too! Like this 🤑


Deep down I want it to fall so I can accumulate more. But at the same time I want it to explode asap!


I'm glad you said this. I'm honestly happy for it to dip again or crash - the longer the better for accumulation in my view.


Regulate this fat green dildo


How ‘bout no?


Despite regulation calls? Toc toc adoption is coming


Exactly. Having a reasonable amount of regulation is important for wider adoption.


38.2k now lets fucking go


Well, we might have regulation calls on the one hand, but on the other hand, El Salvador made Bitcoin into legal tender, which is probably why quite a few ppl are bullish again.


The problem with regulation is that the laws made by a country only apply to those in that country's jurisdiction. If the US passes crypto regulations, the whales can and will move their dirty deeds overseas, while the average US investor is stuck obeying the rules. All it will do is put the little guy at a further disadvantage.


we will see what happends after!


How much is needed for a reversal?




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How do you actually go about regulating crypto? I can see on some of the more centralised coins it might be possible as there is a central governing body. But for others I just don’t see how you do it? Do you go after the exchanges? Where does the responsibility lay? I feel like this is all just governmental buzzwords with no real thought on the how? Or why for that matter...


fuck all the fud


tldr; US Sen. Elizabeth Warren called for oversight of the cryptocurrency market in order to protect consumers from scams coming from the growing interest in the digital currencies. Warren referred to cryptocurrency markets as the "Wild West" during an interview on Bloomberg TV. Police in China arrested more than 1,000 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams.{} *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*