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RE: Saudi Arabia Makes Bitcoin Trading Illegal! What Do You Think About This Move?

in #bitcoin6 years ago

I think it’s only going to set them back a few more years before they confirm once it becomes a world standard and by then getting in will have high cost for their citizens and institutions!

Countries Iike these are highly centralized and crypto is defiantly a threat to the way their conduct business more so than other regimes!

Also if the world does make the switch to renewable energy their propped up national currency based on oil will start to collapse so as much as they trying to safe gaurd in the short term, they screwing themselves over in the long term!

Excluding yourself from what will be a massive global economy of free trade can only be politically motivated by those trying to retain the current status quo

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