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Bitcoin price rises above $36,000 despite regulation calls

Bitcoin price rises above $36,000 despite regulation calls

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SkylarkV

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


kim_nam_sin

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


DecoupledPilot

I want to see the excitement in my face too!


WackyMister

Mine too! Like this 🤑


WackyMister

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


HeWhoDares18

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.


ellistheginge

Regulate this fat green dildo


WackyMister

How ‘bout no?


Slevin931

Despite regulation calls? Toc toc adoption is coming


snowzillareturns

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


IHateElon

38.2k now lets fucking go


snowzillareturns

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.


Blooberino

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.


babydeea

we will see what happends after!


primoboi

How much is needed for a reversal?


[deleted]

[удалено]


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Ksmike

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...


hans47

fuck all the fud


coinfeeds-bot

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.*