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RE: Crypto crackdown in progress: It may only be a matter of time before your bank blocks you from purchasing crypto

in #crypto-news6 years ago

Whether they ban it or not. The truth remains that cryptocurrencies have come to stay, it's just a matter of time they will realise the mistake they are making.
China that earlier banned trade on cryptocurrencies have recently lifted the ban probably because they have seen the potential in cryptocurrency.
Well negotiating and complying with regulatory authority won't be a bad idea as long as the conditions remain favourable
Nice update @dana-edwards

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No it's not just a matter of time. The rejection of the product means the product is unpalatable. If this were food and developers were chefs and their entire class of foods just got banned this means the recipes just don't taste good enough to promote the restaurant.

What is the solution? To be honest there is no way around it, the compliance approach is a necessary ingredient in any long term solution.

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