Tagged With shut down

The rush to get in on the cryptocurrency boom has spread around the globe, but nowhere more than in South Korea. That fact hasn't slipped by the South Korean government's attention. This week new regulatory measures, including a real name policy, were announced, and the government warned that it could move forward with a shutdown of cryptocurrency exchanges altogether.

Bitcoin markets are nervously sitting in a holding pattern on today as multiple outlets have received confirmation that the Chinese government plans to shut down official exchanges. Investors have settled into a wait-and-see moment that could determine the cryptocurrency's immediate future.

Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.

One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.