Post
Topic
Board Bitcoin Discussion
Re: Crypto Currencies VS local law policies
by
kotik085
on 27/12/2019, 10:56:17 UTC
Crypto Currencies is facing local law policies many where: Local law can be a barrier for many countries to accelerate the blockchain industry. I read the sentiment of many people where the bitcoin or concurrency is not legally authorized but they are very much excited to use this technology. I think, a global revelation only can bring those countries to be inspired. 
They think cryptocurrency is a big threat to banks and other financial sector and that's why some government are still not making any regulation about this one aside from banning it. You are lucky if you are in a place where crypto is legal, and in my place you can use it with a regulation especially if you are going to do a legal business but ordinary people can own bitcoin or any other cryptos legally which is more good for all of us. They have to understand this technology, we still need the support of many countries.
This procedure will continue with the cryptographic community as a whole, until the state understands and reads the “white paper” about bitcoins. It should be understood that both parties, both crypto and the state, should be on an equal footing and not serve anything in the conflict.