Post
Topic
Board Bitcoin Discussion
Re: Belarus wants to ban bitcoin P2P transactions
by
Gallar
on 03/07/2023, 14:14:19 UTC
~Snip
Prohibiting P2P exchange activities in my opinion will be very difficult, because all of these things are cyber-based, and as far as I know banning cyber-based things will definitely be very difficult. Especially if this is a ban on P2P exchanges. I'm sure that everyone who is used to doing these transactions, will do various ways to be able to continue to do so. So actually the measures taken by the Belarusian government, regarding banning P2P exchanges, I believe will definitely not be effective. Because it will definitely be difficult to regulate or monitor every citizen who makes such P2P exchanges.

And the reasons used by the Belarusian government about banning P2P exchanges, I think are very common in the crypto world. That is about the number of crimes that occurred. In my opinion, there will always be criminal acts in any field, because in every field there will always be good people and bad people, and in the crypto world or regarding P2P exchanges it will be the same. Therefore, you must always be careful because by always being careful, I'm sure you will avoid anyone who wants to commit fraud.

So I think the right step taken by the Belarusian government is not to ban P2P exchanges, but to instill the thought of always being careful with its people who always trade on P2P. By doing it like that I'm sure it will feel wiser.