Post
Topic
Board Bitcoin Discussion
Re: [FUD] Russia, China & Apple ban Bitcoins. Gox closing. Is this the end?
by
sender47
on 08/02/2014, 04:59:07 UTC
Found this funny.... pretty stupid from governments that ban, seemly USA did see how to deal with it, just  accept it, it is kind of too late to kill it, now is a Hydra... if for a government this shouldn't even exist, then you can't tax any business made with it. Accept it and try to regulate it somehow, is the best shot.

Now as my opinion, the banning in Rusia, and China (take note that hong kong is apart as they said, is just a comodity so it can be used there http://www.coindesk.com/hong-kong-treasury-official-issues-bitcoin-warning/), but if now you created a pool of people that can't exchange in mainland their bitcoins to Yuan... but there is already so much bitcoins there, and cost a lot of money to a lot of people, so... what to do with them... use them. i think they just created a parallel economy, that they would not be able to regulate just because they don't recognize bitcoin....

Buy a bicycle with bitcoins, if anyone ask it was a present, no taxes can be imposed as it was never selled.

The funny part will be, a chinese web, with servers in Peru to scape government regulations XD... when rest of the world tend to do the opposite way.