Cryptocurrency Ban: Draft Law Proposes 10-Year Jail for Dealing in Bitcoin, Other Cryptocurrencies
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What kind of bloody moronic decision that would be!
So should we sell our coins now at loss and exit the market permanently??
1] it isn’t a law yet.
2] we don’t have a particularly high record of law monitoring, enforcement or conviction.
3] in general, all such subjective barters of money with cryptosystem is based on perceptions. till perceptions are sympathetic, it would work.
these things definitely won’t ever be half as accepted as bullion or gemstones. and may even get replaced with some other new “fad”.
It’s difficult to say if we need to exit now as the law hasn’t come to force yet. But something like this is definitely expected by all the countries for the mere fact that these type of currencies are just aren’t their control.
So foolish decision, many people become rich by getting into bitcoin trading it helped many becoming an entrepreneur and made them fulfill their dreams.
Well, it will continue, I don’t think so anyone can stop this digital currency as an era is about to come where digitalization will take place over traditional ways.
I am still holding all these ALT coin and BTC though most of them are 90% down
Which wallet you using to hold?
Deja Vu