Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATMs in Vancouver To Be Banned?
by
MonsterV
on 10/06/2019, 21:25:57 UTC
Money laundering is endless, but why they only point to bitcoin, isn't there a lot of money laundering done through fiat. I think the policy of the mayor is to discriminate against bitcoiners, and it's true that the existence of bitcoin atm is a legitimate business.

Lucky are those countries who have Bitcoin ATMs in their country. It's just frustrating and disappointing that they're banning it. Just like the banning of crypto in India, some countries are banning it because some people are using it in fraudulent and laundering. If only people know how to use it appropriately.

That is, the foolishness of the government is that when some people make mistakes, others are affected and in fact by banning bitcoin, they still cannot counter money laundering, but the rules are more appropriate than the prohibition on this case.