Altcoins Talks - Cryptocurrency Forum
Further Discussions => Banks & Cryptos => Topic started by: Claus on May 14, 2018, 08:42:19 AM
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The Reserve Bank of Zimbabwe Bans Btc in the Country. Do you think this can bring a negative outcome to the south Africans or the world as a whole. And what negativity will it bring to the Crypto world.
Source: https://btcmanager.com/reserve-bank-of-zimbabwe-bans-the-countrys-only-monetary-hope-bitcoin/ (https://btcmanager.com/reserve-bank-of-zimbabwe-bans-the-countrys-only-monetary-hope-bitcoin/)
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I think it's temporary. After a while they will find how to regalate it and it will be allowed...
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I think it's temporary. After a while they will find how to regalate it and it will be allowed...
As expected it is really temporary as the high court of Zimbabwe moved the ban in favor of Bitcoin therefore the people of Zimbabwe can now continue their earnings thru Bitcoin investments and enjoy the benefits of without tax for the main time because Bitcoin is not declared illegal but not ban by the government. Here is the links https://www.google.com.ph/amp/s/www.ccn.com/breaking-zimbabwe-court-lifts-central-banks-banking-ban-on-bitcoin-exchanges/amp/
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Zimbabwe's prohibition does not affect the market too much because we're talking about a small African country. But for the cryptolovers who live there, it is not a pleasant situation. I hope the government will reconsider its decision and step back.