26 Sep '15, 3pm

What Would Happen if Bitcoin Was Accepted Globally?

What Would Happen if Bitcoin Was Accepted Globally?

Furthermore, as digital currencies have become more popular, we have witnessed the rise of things such as the BitLicense and several forms of copycat regulation throughout the United States and other areas. As more limitations are put in place, several businesses are packing up and calling it quits in areas such as New York, the home of Benjamin Lawsky’s dreaded document . Worldwide legalization and acceptance of Bitcoin would label it as a global currency, not simply a national currency, and we would more than likely witness the growth of worldwide regulation in an attempt to keep every country working in the same manner to prevent problems. There would be further limitations put on how we currently handle bitcoin, and businesses would be forced to suck it up and play by the rules. After all, bitcoin would no longer be “new” or “different” or “lonely.” It would classify a...

Full article: http://bitcoinist.net/what-would-happen-bitcoin-accepted-...

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