Post
Topic
Board Bitcoin Discussion
Re: Bitcoin legalized in Uzbekistan and Iran
by
airdnasxela
on 07/10/2018, 23:34:27 UTC
News have emerged in Bitcoin being legitimazed in Uzbekistan.
A decree has been signed that permits the existence of cryptocurrency exchanges and other activity surrounding the industry.
At the same time Iran's government is allegedly about to recognize Cryptocurrency Mining as Industry.

https://inc42.com/buzz/cryptocurrency-this-week-while-uzbekistan-legitimises-bitcoin-iran-recognises-mining-as-industry-and-more/

Which are your thoughts on that? I find the Iranian news especially interesting, as energy prices are very cheap in Iran.
This is a great news indeed! I think it is a win-win situation for the both sides. For bitcoin, obviously if a country legalized then it will create curiosities, erase doubts,  and attract investors because there are still unnecessary mindset of some people about bitcoin. For the two countries, first is Uzbekistan, it might help the country to somewhat decrease the gap of rich poor gap and will help their economy and for Iran, it will create more miners because as we all know, energy in Iran is not that expensive compare to other countries.