ECB's Draghi just said it's not in the central bank's power to prohibit or regulate Bitcoin

in #bitcoin7 years ago

Will be interesting to see if we catch a bid on this ... would be better if we heard it from the PBOC and Chinese regulators!

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He stated the obvious, you can't ban decentralized networks. The communists, with plenty more control in their countries, have tried and miserably failed. Check out the story here:

https://steemit.com/bitcoin/@cryptoeagle/why-china-or-governments-can-t-stop-crypto-how-chuck-norris-proves-this-fact-from-communist-history

You could. You make it illegal and start locking people up - easy. Very expensive though and unlikely to happen. On other hand China can turn profits from prisoner's organs so you never know!

chinese now tagged as the regulators

Yew agree with you below this line..
Will be interesting to see if we catch a bid on this ... would be better if we heard it from the PBOC and Chinese regulators!

Truly my friend's traffic, I'm still very weak when I see that rank

Great post. I read a post about china's ban on bitcoin ICO, and I was commenting telling the writer that I did not like the ban China had made and he was saying China could not stop bitcoin for long. This post of yours is a very very great encouragement to me to know that there is still hope for bitcoin to continue to rise.Thanks

At least Draghi doesn't try to stop something that can't be stopped.

Wow at least someone gets it.

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