Post
Topic
Board Bitcoin Discussion
Re: Philippines SEC warns against crypto investment.
by
conhela
on 13/07/2020, 01:46:09 UTC
They are just trying to help them avoid scams which is why I wouldn't worry too much unless the government announces a ban or something which still isn't a big deal since there are methods to bypass these bans.

This is, in my opinion, one of the biggest hurdles crypto is currently facing, look at how many altcoins have popped up that offer "special services" that end up being total scams, and people outside looking in might see these as the norm. Many scammers are artists of their craft and can dupe people very easily, all is to say, if a government takes action against these people specifically, then I'm all good for these measures to be taken.