Post
Topic
Board Bitcoin Discussion
Re: Breaking News! Third world nation bans BTC. 10 years in jail for holding crypto
by
vv181
on 07/06/2019, 13:13:29 UTC
~governments that seek control over their people will hardly accept decentralized things
another thing that reasonable for such kind of governments is to make a centralization within a decentralized system. forcing KYC/AML verification, and taxing it. Is such of option to make it possible, to take away the decentralization. although the pseudo-nym nature of Bitcoin in addition to privacy and anonymity tools are enough to prevent us from being tracked. It is necessary to use a decentralized exchange like Bisq to convert into FIAT in case of such governments condition.