Post
Topic
Board Bitcoin Discussion
Re: Belarus wants to ban bitcoin P2P transactions
by
Poker Player
on 03/07/2023, 14:51:43 UTC
Let me point this out NotATether:

Bitcoin P2P transactions cannot be stopped banned.

A law can be made to prohibit them, and although this is a small country, I would not like other states to copy the idea, because even though P2P transactions cannot be stopped, they can be reduced to marginality. We are in a global trend of reducing the use of cash, mostly voluntarily by the population and the upcoming launch of CBDCs that mean a step further in the total control.

The legislation underway in the European Union is going in the same direction, and this type of legislation is not going helpful for us.

Of course, bitcoin transactions can't be banned,

Again, they can.

Banning p2p transaction is new to me, is that possible?

Of course.