Tom Lee, a well-known name in the computer industry, and warned that the United States of america, the Bitcoin is just like that, it would be able to ban, and if the value of the $100,000 is reached. In twitterdiscussie expressed as the co-founder of Fundstrat Global Advisors, are concerned about the powers of the regulatory authorities in order for the market to crash.
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A ban from the government
In this statement he did in the debate on the supposed ban of e-cigarettes. The ease with which these vapors from the US disappear, it will mean that there are other goods too, as you can go. In view of the adverse comments made by Donald Trump about crypto and bitcoin, we need to take this option are not at all mutually exclusive. A ban on Bitcoin, it would be able to be triggered by the increase in the price of the currency.
“This is un-related, but shows the White House can issue an executive order banning anything. And could even ban bitcoin,”
In response to one tweeter who, in his opinion, be bitcoinban asked, he answered: “True, it agree”. At the same time creates a very interesting discussion in itself: what, then?”
“Not expecting it”. But with the current White House, there is nothing out of bounds nor out of reach.”
Bitcoin is not at the national level to do these things. Bitcoin is onbanbaar and the decentralized nature makes it elusive. There may be penalties to come out of the use of the cryptomunt, but this BAC is not directly driven from the scene.
In the past few months, there’s been a lot more discussion on this topic. What if you, as a nation, the development and use of bitcoin doesn’t allow it, while the rest of the world, however, benefit from the fourth industrial revolution.
It Is a prohibition, however, is real?
Earlier, we spoke to the Chief Legal Officer of a ShapeShift to ban Bitcoin, and cryptomunten. They come to realize that there is a huge gray area in which they are to be non-fund exchange operations. An injunction is impossible, and even undesirable.
“Anyone who has the coin to follow, you should know what Bitcoin is. In the US we have the IRS, the Internal Revenue Service (tax and customs administration, ed.), who says it’s a “property”, and the regulator of the futures to see Bitcoin as a commodity. The SEC is once again that Bitcoin is not a security, whereas the other cryptomunten here, however, is under attack. Everyone is looking to find out how they deal with it themselves.”
Activities of the ShapeShift, ” People who have bitcoin want to ban it, understand it does not
“It’s very interesting, and, at the same time is very difficult and that all of these agencies, their own vision. It is very difficult to accomplish. We would like to have more certainty. Or else, we go to a single agency, the need to listen to. At this point, there are too many cooks in the kitchen.”
The senate about Bitcoin
As a senator of the United States, reported last month in its opinion, show: Bitcoin isn’t banned. Mike Crapo said the following:
“If we, as the United States of america to decide, and I don’t say that, you are doing it, but if we decide that we do not make cryptocurrencies more and more in the US, and then try to ban it, then I am confident that we will not be successful in time. It’s a global tech-a global innovation.”
We live in an age in which innovation and the resulting innovation are together. As a regulator, you can not do anything else but react to the market, and the innovation in turn has to follow. Yet, it seems, the SEC is focusing on the topic of security versus utility, and it seems that bitcoin is out of the dance. The currency is itself in the past few years, proven itself to be stable and steady as a rock, and the cryptobranding.
Source: Cryptonewz
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