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SOURCES
https://decrypt.co/11229/us-and-australian-officials-concerned-over-terrorist-cryptocurrency-use

Russia plans to introduce ‘legal mechanism’ to confiscate Bitcoin by 2021

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25 COMMENTS

  1. I'm not worried about the Government knocking on my door for my BTC. What scares me that if all Governments ban together and shut down all of the Exchanges my BTC is worthless… Would be much easier to do then knocking on doors.

  2. What are your thoughts on privacy coins like monero in the future …
    Can they be the nail in the coffin when it comes to governments and banks finally losing total control of our money ?

  3. Criminals use guns so they want to ban guns. Criminals use cash so they want to ban cash. Criminals use crypto so they want to ban crypto. How about they just ban CRIMINALS!

  4. Many things coming. Even though some of us are quite pro crypto and against fiat somewhat. The steps that Australia is going with money is nuts!! someone wants too much power, way too soon. This could really something crazy results. Right now a Cash ban would not work well at all with non tech people . such as seniors who have used paper money since day 1 and no clue what internet is. All well. see what happens. Maybe the whole situation get eaten by a crocodile!!

  5. Come on you need to be a bit more careful with your language Bitcoin cannot be confiscated the only way that people can lose their Bitcoin is if they hand it over… also it's very important to point out any time people want to say Bitcoin is used for illegal activity is to point to the many instances now a Bitcoin being used to actually expose the illegal activity.

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