It is pointless to prohibit bitcoin
Threats of world governments to ban cryptocurrency have led to the fact that the number of users of digital currency has only increased. Even harsh measures against citizens by the authorities were not enough.
It is pointless to prohibit bitcoin
Recent cryptocurrency bans by the South Korean government have shown the world the failure of the authorities to control bitcoin in their own foreign exchange market. In countries where democracy flourishes, the leadership of the countries only negatively tuned the people to the current government, providing support for the opposition, which immediately took advantage of the situation. As for South Korea, that is, the premise that the minister who tried to ban cryptocurrency will be removed from his post.
In Brazil, Indonesia, Nepal and Vietnam, the cryptocurrency ban resulted in massive protests that were picked up by radical parties trying to seize power in the country. The heads of state hastened to loosen their grip, as no one wants to lose their seats due to bitcoin.
The methods of dealing with cryptocurrency are still primitive - turning off the Internet, seizing the equipment of exchanges and profit taxes are not yet effective, because it is easy to circumvent bans. But Bitcoin users are confident that many governments are developing plans to tame the digital currency, so you should always be on the lookout.