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Donate to Bitcoin.org Btc login Another risk which may be contributing to the recent decline in bitcoin value, is the risk of government action. While countries would not likely be able to completely shut down a cryptocurrency, they could make trading illegal, says Steves. Worries that China and South Korea would do just that surfaced in January, spurring a selloff in bitcoin. There could be other levels of regulation put in place as governments try to track down taxable currency flows and potential criminal activities.Why bitcoin
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