Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
STT
on 01/04/2018, 15:36:53 UTC
Breaking news, the UK has stated they are going to ban cryptocurrency.


Last I read they were regretting not encouraging more tech business.   eg. UK version of facebook had millions of users but doesnt exist now.   Also UK has the most liberal finance betting laws in the western world, the EU wants to force legislation to restrict leverage on FOREX trading for example which is typically very high compared to stocks or bonds.


Reminds me of the days they taxed playing cards.   To sell a pack without the royal warrant could end in your death (customs have powers that include the military etc).    In many ways we live in the future with amazing tech but with continual stupidity repeated.   Should never happen in a democratic capitalist country.  In China they have the motivation to deny their citizens access to free use of private capital, its Communist it figures.   In the west it makes little sense