Germany and France shares the same worry, and shares also the goal of regulating Bitcoin - France's prime minister Bruno Le Maire said in a press conference with his german "colleague" Peter Altmaier on Thursday.
" We have a responsibility to our people, and that is to explain and reduce the risk by implementing the necessary regulations.>
This is like you all understand just lies. "We need to protect you from yourself" is what they are saying. "You are too stupid to survive under freedom, so we need to make you a little less free. And oh..btw, we need more of your money to keep our own ponzi scheme going"
Le Maire also said about Bitcoin;
" I don't like it. It can hide activities such as drug trafficking and terrorism" And there is obvious speculative risk. We need to look at it, study it"
Yeah, you obviously do. Because as any person who's not been living under a rock for the past year, criminals and terrorists use A) YOUR Fiat money, or B) privacy coins like Monero.
When it comes to my own country, Norway - I haven't really heard them talk much about cryptos. I think that's a clever move so far, to wait and see where other countries are implementing the wrong regulations. Because this is not going away, countries who will keep an open policy towards crypto currencies will be countries with a booming economy. Norway always talks about "What are we going to do after the Oil".. well, I think the answer should be quite obvious.
We should be a mecca of freedom and of innovation which we will become simply by allowing crypto currencies and not implementing too much regulations. Preferably none, but I know that is too much to ask for.
I will also ask that we change the flag and rename Norway to Hodlway