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RE: Is the end of Bitcoin, ETH, Steem near?
I am rather new to steemit and cryptocurrency in general. May I ask, how would a country like South Korea attempt to ban trading in crypto? I understand that Steem can be more or less anonymous, so people can bypass the ban. But assuming no one tried to bypass it - how would a ban even work?
Well, when China tried such, most if their huge trading outfit moved to Japan and they started loosing huge revenues as such they retraced their steps. South Korea is huge in crypto and I wonder the huge resources govt would deploy to monitor everyone...not workable for sure...
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