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2. Re: Morning Metaverse Feb 1, 2018, 14:31 A51Abductee
 
They are specifically addressing illicit uses, not a so-called "no-holds barred attack" in general or an "elimination." Even this FUD Reuters article states that "the choice to invest in Bitcoin and other cryptocurrencies will be open to end users" in India. You can smell the fear from the traditional financial middlemen that this tech will serve to render redundant.

Increased regulation of this technology may have the opposite effect of destroying it: these statements by governments serve to legitimize the tech and it's power. Regulations on the market and the reduction of volatility will likely draw in more risk-averse investors, raising the market cap and subsequently their demand and value.

Regulations and normalization of this blockchain/token industry are inevitable, but due to its massive potential only the most backward governments will ever consider outright banning it. Welcome to the new future.
 
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1. Re: Morning Metaverse Feb 1, 2018, 13:00 Tipsy McStagger
 
India also has millions of missing children, people who shit in the streets, people who bath beside bloated rotting corpses in the river, 63 million missing women, horrible call centers of scams, call centers of every single technical support/customer service, horrible engineering outsourced drafting...

Pretty much everything ass backwards.. no wonder they vow to eliminate cryptocurrencies..

 
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