Quote from: Bitcoinmoon12 on March 18, 2023, 08:20:28 AM

Former Belgian Finance Minister and Member of the European Parliament (EP), Johan Van Overtveldt, has called for a ban on cryptocurrencies to ease the current banking crisis. In a tweet on his personal account, Van Overtveldt stated that the crypto asset industry does not bring any economic or social value. CoinDesk reported that his comments were made as the EP prepares to vote on regulations regarding crypto activities.

Lol, these people have absolutely no idea how any of this work do they? I mean it is really funny to me that they would be considering to ban bitcoin at a time when many people are avoiding banks and going into bitcoin because they trust bitcoin more than they trust these banks.

I get that they want people to go back to banking, because that way there would be a lot of money in the banks and they wouldn't crash, that is what they believe in and that is why banning bitcoin makes sense for them. But the reality is that we are not going to see that happen because you can't ban bitcoin, you can ban the use of it, but you can't ban it because we will just use p2p and still continue.