60 Bitcoin fans arrested in Bolivia

in #bitcoin7 years ago

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The financial supervision in Bolivia has allowed 60 people to be arrested, because they thought other people how to invest in Bitcoins. The financial supervision of the rather weakly developed South American country forbids any currency other than Boliviano, and describes bitcoin and other cryptos as pyramid games.

The supervision is aigainst the Bolivian bitcoiners, who meet in Whatsapp groups as well as on Facebook.

On the occasion of the arrests, the ASFI recalls that this activity is forbidden throughout the country, and that cryptos are pyramid games that have been made only to take away their citizens' money and savings.

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I think they're a little afraid of the cryptos taking over their economy. I think it's just a matter of time before they do.

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