Petro Will Most Likely Get The Ban Hammer
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It was only a matter of time till governments stepped in and started putting down the hammer on cryptocurrency.
They started this process long ago and it really came to light when Libra tried to launch.
From there we saw Venezuela launch their own crypto pretty much turning that country upside down to where only the government held petro crypto and fiat money was worthless.
The Petro cryptocurrency come Monday will most likely get the ban hammer from the USA. Which clearly means you can not buy, hold or trade that currency. Doing so is a direct violation of law (as long as the bill passes or gets an executive order come Monday)
This is turn will most likely make the country spiral even more out of control as Venezuela seems to have become a dictatorship country. It also seems like the Petro allegedly might of been part of Russia's creation as well. Things that make you go hmmm
What are you thoughts about banning certain cryptocurrencies ?
Wish the USA bans bitcoin, it will shoot to the moon haha
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It would be interesting to see how they enforce it.
Posted using Partiko iOS
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Dear @bitcoinflood
Indeed, once Libra tried to launch it looks like most goverments experienced "wake up call" and the worst of all is that those politicians are simply afraid. And that's not the best mindset. That's mindset creating problems and limitations :/
It's a very tricky question. What's your view? I'm sure you have some opinion shaped already. Share it with us.
Hope you're gonna have an easy monday :)
Yours,Piotr