Yesterday the mainstream media came out with fake news about a bitcoin ban and today the mainstream media uses the same modus operandi on India.
At the same time crypto’s are plummeting down. Do people that possesses crypto’s don’t have a spine?
Nothing will be banned! Crypto’s are here and here to stay. It is not up to governments and banks to determine what is legal tender or not. If I am willing to pay x amount of crypto for something and the other party accepts x amount of crypto’s there is no government that can stop us.
Banning crypto’s will be a very bad idea anyway because we all go underground and how will the tax authorities get their money then?
Especially if we pay with Verge.
Banks rejecting crypto money , yes I read today large banks are planning to or already are, are commiting suicide. The market will find a solution and banks will collapse.
More and more stores are accepting crypto’s Projects like poweledger are even backed by the australian government.
And do you really think that exchanges and tech companies won’t sue the living shit out of governments and banks that will ban any crypto?
If you ban them, you need to ban them all. You can’t ban the bitcoin and accept Ripple just because 75+ banks are going to make money on it.
So hang in there and let’s grow some balls.
