The country is set to implement an unprecedented restriction on the use of cash.[1] This is doubtless the first time that a country is to implement such bizarre measure to counter the abuse of cash. Somehow, this national policy is implying that cash, at least within the country, is being abused for various illegal activities.
If they are restricting hard cash are they implementing this to promote online transactions to have a record on all the transactions, these restrictions occurs when you are withdrawing money from the bank i believe.
While some business communities are against such drastic measure as it would certainly affect their day to day operation, an idea pops out that they could actually circumvent this policy by adopting the use of Bitcoin and other cryptocurrencies.
If the government is trying to implement something to restrict the cash flow do you think that you can overcome that by bitcoin, the government will restrict that kind of payment too if they are trying to bring down the illegal activities with money.