You are viewing a single comment's thread from:

RE: With juicy investments Tether expands cryptocurrency transactions in "Eastern" Europe.

in Steem Alliance2 months ago

Regulation in my country is strongly discouraging whatever use of whatever cryptocurrency. We expect the current government will end with a declaration of illegality. I wish I'd never moved to Brazil, but during that time I had no other choice.

Sort:  

Hello, they will end up depending on cryptocurrencies in the future, you will see; That government which rejects crypto has not fully understood that bitcoin is a decentralized digital currency. which at the moment they do not see as productive.

But the point is this last government in my country looks like eager to convert Brazil in a giant North Corea. It hates all related to finance from abroad and it considers cryptocurrencies as foreign currencies like dollars, pounds, yen, etc. And our tax laws frown upon entrepreneurs who work with foreigners. The desire of this government looks like to push residents to offer services and sell goods only into the borders of the Brazilian territory and to earn only our national currency. It's promoting isolation.

Ok, I now understand your development much better about how the Brazilian government is operating regarding the thinking about cryptocurrencies. Thank you for your explanation.

Coin Marketplace

STEEM 0.16
TRX 0.12
JST 0.028
BTC 54953.89
ETH 2913.89
USDT 1.00
SBD 2.03