When the government forbids cryptocurrency
In my country, the government is gradually apply internet and cryptocurrency control decrees. Previously, they banned direct Bitcoin transactions. Currently, they are banning crypto-related bank transfers. And of course, ICOS is also gradually banned .
Initially, they said they would not ban crypto and bitcoin. But now their actions show that they do not want crypto to exist.
Is their purpose not to secure crypto investors? They are trying to make it their own
They see huge profits being lost for themselves
And when the internet management program took place in my country, maybe I could not come up here to share my views like this. So sad
I'm sorry to hear that, but most countries are doing similar things. They are afraid of getting nothing when cryptocurrency works well for people. Especially corrupt government, they are greedy and always looking for a big number for their own wallet. So, it is obvious why they change their decision toward cryptocurrency.