Post
Topic
Board Bitcoin Discussion
Re: Let's go to Singapore! We can pay with Btc there.
by
nicster551
on 27/11/2018, 07:55:57 UTC
I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Even in the Philippines you can now pay using Bitcoin, but somehow I don't see a good thing to use Bitcoin as payment since its price could go down as much.