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Bitcoin protocol is as stable as a squeezeball.

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There is so much attention on US regulation right now that people seem to forget that Bitcoin is a global phenomena. If it gets pressured on one end in the world it will pop out on the other end. Imagine what will happen if the US is banning Bitcoin then other nations see it as an opportunity to raise their stakes in it. China, India, EU,.. will be able to leverage it. Same was happening everytime China β€žbannedβ€œ it but hashrate kept growing elsewhere. The protocol is here to stay and it will just be a question of which country will have the pole position when globally decentralized assets will represent their wealth.

submitted by /u/26oclock
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