Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
billyjoeallen
on 21/04/2016, 14:59:39 UTC
Get ready for lift off gents. Trump will force Mexico onto Bitcoin.

https://www.donaldjtrump.com/positions/pay-for-the-wall

Quote
On day 1 promulgate a "proposed rule" (regulation) amending 31 CFR 130.121 to redefine applicable financial institutions to include money transfer companies like Western Union, and redefine "account" to include wire transfers. Also include in the proposed rule a requirement that no alien may wire money outside of the United States unless the alien first provides a document establishing his lawful presence in the United States.

Looks like Mr. Trump is gonna have to ban Bitcoin to make his Mexican Paywall work. He probably won't tho.

Right?

  g... guys?
Not enough spics even know about bitcoin for this to be an issue - much less their deserted relatives below the border.


Bitcoin was designed to work even if it is banned.  The business opportunity will be in Mexico converting BTC for pesos at a favorable exchange rate and then reselling the same coins back in the U.S.