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Author Topic: Bitcoin Discussion  (Read 233040 times)

Offline fxopen78

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Re: Bitcoin Discussion
« Reply #900 on: June 14, 2021, 12:22:32 AM »
Now, El Salvador becomes the first country that adopted Bitcoin as a legal payment transfer in these country, their society that live on the foreign country can easily to transfer Bitcoin in low cost and faster than wire transfer.

Hurray! El Salvador, where you can buy the entire country for 10 BTC. A very serious banana republic to consider when investing in BTC.

IMF warns of risks after El Salvador adopts bitcoin.
https://www.france24.com/en/live-news/20210610-imf-warns-of-risks-after-el-salvador-adopts-bitcoin.


Regards,
HumbleTrader
Global Moderator
They take the risk because Bitcoin prices always move up and down, but they still use the US dollar included legal currency because they don't have their own currency. maybe they will face a new problem due to legalized Bitcoin.

Offline Eliza Abrams

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Re: Bitcoin Discussion
« Reply #901 on: June 14, 2021, 12:33:53 PM »
South Africa is looking for ways to regulate the crypto currency market in an effort to curb the growing number of crypto scams, which plague the most developed economy in Africa.

Late last year South Africa was shattered by the collapse of what is described as the countrys largest Ponzi scheme, run by scammers, who presumably traded with bitcoins. The scandal, along with other similar cases of fraud involving digital currencies, forced the local financial authorities to consider tighter and more specific rules for trading the crypto markets.

Offline fxopen78

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Re: Bitcoin Discussion
« Reply #902 on: June 15, 2021, 12:18:58 AM »
Elon Musk again announcing if Tesla will accept Bitcoin again because there are confirmed clean energy usage in Bitcoin mining, there are many comments about this, some comment state if he wants to manipulate the price to push it up and sell Bitcoin later.

Offline oportunis

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Re: Bitcoin Discussion
« Reply #903 on: June 30, 2021, 10:08:48 PM »
Hi Humble, it seems you are still in denial :) https://www.trustnodes.com/2021/06/29/germany-opens-floodgates-to-bitcoin-investing
Get them while they are "cheap"...

Offline fxopen78

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Re: Bitcoin Discussion
« Reply #904 on: June 30, 2021, 11:06:36 PM »
Another country seems already interesting to adopt Bitcoin to follow El Salvador, its country is Paraguay, based on the news, they present to legislating to adopt Bitcoin

https://www.aa.com.tr/en/americas/paraguay-to-present-legislation-in-july-to-adopt-bitcoin-official/2279571

Offline Eliza Abrams

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Re: Bitcoin Discussion
« Reply #905 on: July 20, 2021, 12:12:58 PM »
Oh the other hand, Japan seems keen on introducing new crypto regulations. The Financial Services Agency (FSA) and the Ministry of Finance are all involved in establishing brand new crypto regulatory frameworks.

Currently, the Ministry of Finance us upping its number of operatives, while the FSA is mainly working on the future of crypto regulations. The FSA also established a brand new division that will focus on crypto-related affairs, although we know nothing more of tis division, as of yet.

 

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