follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: El Salvador's Bitcoin law: Banks face risk of money laundering.  (Read 1890 times)

Offline Senin

  • Legendary
  • *
  • *
  • Activity: 1762
  • points:
    52093
  • Karma: 143
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 27, 2024, 12:23:46 PM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    Fourth year Anniversary Third year Anniversary 10 Posts
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #15 on: October 18, 2021, 12:07:00 PM »
It's just that the existing global banking system is worried that other states with weak economies may follow the example of El Salvador and switch to using bitcoin or another decentralized cryptocurrency. This will mean that these states will move away from their zone of influence and control. Therefore, they express various far-fetched warnings and concerns. Bitcoin has never been heavily used for money laundering and terrorist financing, as it is classified as a conventionally anonymous cryptocurrency.

Altcoins Talks - Cryptocurrency Forum

Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #15 on: October 18, 2021, 12:07:00 PM »

For Monthly biddings Check Here


Offline lepbagong

  • Legendary
  • *
  • *
  • Activity: 2570
  • points:
    109355
  • Karma: 248
  • Mixero: Privacy by XMR (Monero) bridge
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: March 28, 2024, 07:39:37 PM
    • View Profile

  • Total Badges: 27
    Badges: (View All)
    2500 Posts 50 Poll Votes Sixth year Anniversary
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #16 on: October 18, 2021, 12:57:26 PM »
It's just that the existing global banking system is worried that other states with weak economies may follow the example of El Salvador and switch to using bitcoin or another decentralized cryptocurrency. This will mean that these states will move away from their zone of influence and control. Therefore, they express various far-fetched warnings and concerns. Bitcoin has never been heavily used for money laundering and terrorist financing, as it is classified as a conventionally anonymous cryptocurrency.
It is reasonable to worry that there will be misuse of money that could target perpetrators of money laundering from corruption or the narcotics trade. Therefore, usually the government that gives freedom to bitcoin trading will have a mechanism that can detect abuse that its citizens might do. there is always a mechanism that needs to be regulated so that the country does not miss out.

it could be that what you say about the tendency of big countries to have less influence, if more countries use bitcoin. but I don't see it as a hidden prohibition that is used to provide information so as not to use bitcoin. because it is certain that bitcoin and fiat through banking will continue to run together because both have their own characteristics and are not to compete with each other.
░░░░░░░░░░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░░░░░░░░░░░░░░░█████████████
░░░░░░█████████░░█████████████
░░░░░░█████████
░░░░░░█████████
░░░░░░█████████░░░░█████████
░░░░░░░░░░░░░░░░░░░█████████
████░░░░░░░░░░░░░░█████████
████░░░░░░░░░░░░░░█████████
██████████████████████████████
█████████▀▀███▀▀░░▀▀▀█████████
███████▀░░█▀░░░░▄▄▄▄▄▄▄███████
██████░░░██░░▄█▀▀░░░░░▀▀██████
█████░░░░█░░███████▄▄▄░░░▀████
███░██░░░█▄████████▄░▀█▄░░░███
███░░██░░░███████████░░▀█▄░███
████░░▀██▄▄████████░██░░░█▄███
█████░░░░░▀▀▀▀▀▀██░░██░░░█████
███████▄▄▄▄▄▄▄█▀░░░▄█░░░██████
████████▀▀▀▀░░░░░░██░░▄███████
██████████▄▄▄▄▄████▄██████████
██████████████████████████████
██████████████████████████████████████████████████████████████████████████████████
.
MIXERO.IO
.
██████████████████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
..
..
..
..
..
..
..
..
██████████████████████████████
███████▀▀██░▀█████████████████
████████░░█░█▀▀░██████████████
████████░░▀░░░▄███████████████
██████▀░░░░░░░░░▀██████░▀█████
████▀░░░░░░░░░░░░░██▀▀█▄░░████
████░░░░░░░░░░░▄████▄░▀██░░███
████░░░░░░░░░▄██▀░▄██░░██░░███
█████░░░░░░▄██▀████▀░░██░░████
███████▄▄▄████▄░░░░▄██▀░░█████
███████████░░▀▀▀██▀▀▀░░▄██████
██████████████▄▄▄▄▄▄██████████
██████████████████████████████
..
..
..
..
████
██
██
██
██
██
██
██
██
██
██
██
████
██████████████████████████████████████████████████████████████████████
.
MIX.NOW
.
██████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
█████████████
█████████████
░░░░░░░░░██████
█████████████░░░░██░░░██████
█████████████░░░░░░░░░██████
█████████████
█████████████░░█████████
░░░░░░░░░░░░░░░█████████
░░░░░░░░░░░░░░░█████████
░░█████████░░░░█████████
░░█████████
░░█████████░░░██░░░░░░░░░░████
░░█████████░░░░░░░░░░░░░░░████

Offline Sumi

  • Plagiarism strike
  • Sr. Member
  • *
  • Activity: 410
  • points:
    10701
  • Karma: 6
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: October 16, 2023, 06:16:25 AM
    • View Profile

  • Total Badges: 20
    Badges: (View All)
    Third year Anniversary Second year Anniversary Search
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #17 on: October 18, 2021, 04:49:18 PM »
A long-standing concern and it cannot be legally proven, transactions using Bitcoin are very transparent and users can use Bitcoin for anything they want, if one day the bank account and Bitcoin wallet are integrated into one Debit card, then nothing will happen. nothing to worry about because all transactions can be tracked
▄▄▄███████▄▄▄
▄▄███▀▀▀     ▀▀▀███▄▄
▄██▀▀  ▄▄▄█████▄▄▄  ▀▀██▄
██▀  ▄████▀▀   ▀▀████▄  ▀██
██▀  ▄██▀           ▀███  ▀██
████████████████            ███
███  ███                    ███
█████████████████████████▀  ███
██▄  ▀██▄           ▄██▀  ▄██
██▄  ▀████▄▄   ▄▄████▀  ▄██
▀██▄▄  ▀▀▀█████▀▀▀  ▄▄██▀
▀▀███▄▄▄     ▄▄▄███▀▀
▀▀▀███████▀▀▀
EGO    ████████████
██
██
██
██
██
████████████████████████████████
.
TOKEN IS WORTH YOUR ATTENTION
██████████████████████                                      ██ █     







██
██
██
██
██
████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
.
.
██████
██
██
██
██
██
██
██
██
██
██
██
██████
███████████████████████████████
███████████████████████████████
████▄          ▀██▀▀▀██████████
████████▀▀▀     ▐██▄▄▄█████████
█████████▄▄▄▄    ██████████████
███████████▄    ▐█████████████
███████████████████████████████
███████████████████████████████
███████████████████████████████
███████████████████████████████
███████████▄█▄███████▄█████████
███████████████████████████████
███████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
.
     BUY EGO     
██████
██
██
██
██
██
██
██
██
██
██
██
██████

Offline therozaq

  • Legendary
  • *
  • *
  • Activity: 2639
  • points:
    66295
  • Karma: 292
  • Your Privacy Matters
  • Trade Count: (0)
  • Referrals: 3
  • Last Active: Today at 06:35:10 AM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    too active, 25 Posts in one day 2500 Posts Fifth year Anniversary
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #18 on: November 18, 2021, 06:39:52 AM »
A long-standing concern and it cannot be legally proven, transactions using Bitcoin are very transparent and users can use Bitcoin for anything they want, if one day the bank account and Bitcoin wallet are integrated into one Debit card, then nothing will happen. nothing to worry about because all transactions can be tracked

Yes, I think we should not worry about bitcoin.
I also agree about bitcoin wallet and bank account will be integrated.
I think It will be good effect for crypto currency world.
Bitcoin is so popular, I think banks should adopt bitcoin technology
...Tumbler.io......Because.Your.Privacy.Matters......Bitcoin.Mixer...

Offline alltalk

  • Moderator
  • Legendary
  • *
  • *
  • *
  • *
  • *
  • *
  • Activity: 3451
  • points:
    55911
  • Karma: 690
  • Your Bitcoin Mixer
  • Trade Count: (0)
  • Referrals: 9
  • Last Active: March 28, 2024, 11:15:08 PM
    • View Profile

  • Total Badges: 26
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #19 on: November 18, 2021, 01:23:34 PM »
Money laundering is always happening even without Bitcoin. Judging a higher risk of money laundering with Bitcoin isn't proven yet. I think those people are only speculating and influenced by old issues about Bitcoin's bad sides. Each transaction on Bitcoin can be tracked and analyzed because the wallet receiver and wallet sender can be checked. So, basically, money laundering isn't something that we must be so worried.
             ▄▄█████████▄▄
    ▄█████▄█████████████████▄
  ▄███████████████████████████▄
 ████████████████▄▀▀███████████
▄███████████████████ ▀█████████
█████████████▀▀      ▐█████
████████████        ▄██████
▀███████████▌     ██████████▀
 █████
███████      ▀▀▀█████▀  █
  ███████████▄         ▀▀▀ ▄▄█
   ▀████████████▄▄▄   ▄▄▄███▀
     ▀▀██████████████████▀▀
         ▀▀▀████████▀▀▀
.
UniJoin.io Bitcoin Mixer
.|
▄▄██████▄▄
▄██████▀██████▄
▄███▀▀▀░░░▀▀▀███▄
▄███░░░▄███▄░░░███▄
████░░████▀▄█░░████
████░░█▄▀▄███░░████
▀████░░▀███▀░░████▀
▀████▄░░░░░▄████▀
▀█████▄▄▄█████▀
▀▀█████▀▀
NO LOGS
▄▄██████▄▄
▄█████▀▀▀█████▄
▄████▌░▄▄▄░▐████▄
▄█████░▀░░░█░█████▄
██████▌░░█▀░▐██████
███████▄░▄░▄███████
▀████▀░░░░░░░▀████▀
▀██▌░░░░░░░░░▐██▀
▀██▄▄█▄▄▄█▄▄██▀
▀▀█████▀▀
NO SIGN-UP
|████████████████████████
█████████████▀▄▀████████
████████████▀▄█████████
██████████▀▌▄██████████
██████████▌███████████
█████████▀▄███▀█████████
██████▀▄▄██████▀███████
█████▀▄█▀▄████████████
██████▀▄█▌▐████▐█████
█████▌▐█▀▌▐█████▐█████
██████████████▄██████
███████▄▄██████▄████████
████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████████████████
.
MIX ՈOW.
████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████

Offline legend45

  • Legendary
  • *
  • Activity: 1625
  • points:
    51510
  • Karma: 221
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 28, 2024, 08:12:49 PM
    • View Profile

  • Total Badges: 20
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #20 on: November 19, 2021, 12:50:42 PM »
Money laundering is always happening even without Bitcoin. Judging a higher risk of money laundering with Bitcoin isn't proven yet. I think those people are only speculating and influenced by old issues about Bitcoin's bad sides. Each transaction on Bitcoin can be tracked and analyzed because the wallet receiver and wallet sender can be checked. So, basically, money laundering isn't something that we must be so worried.

I think It's just rumours about bitcoin has been misused for money laundering.
It is proven, We can talk about it.
But If it's only allegation, I think It's just FUD.
I agree with you money laundering is always happening even without bitcoin, happen in every where.

Offline jonathancool220

  • Legendary
  • *
  • *
  • Activity: 1981
  • points:
    21268
  • Karma: 0
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 20, 2024, 05:36:07 AM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary Search
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #21 on: November 20, 2021, 11:01:01 AM »
Bitcoin was created only to be independent, not adrift by intervention from governments, financial institutions or those who control the world's finances because Bitcoin can be said to be clearly Decentralized.
In states like El Salvador, the law for Bitcoin is very difficult to implement because I see that Bitcoin cannot be subject to law and the Bank cannot intervene because it is certain that Bitcoin cannot be accepted at the Bank of El Salvador.

Altcoins Talks - Cryptocurrency Forum

Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #21 on: November 20, 2021, 11:01:01 AM »


Offline I-Bit

  • Legendary
  • *
  • Activity: 2185
  • points:
    55977
  • Karma: 283
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: March 28, 2024, 01:43:57 PM
    • View Profile

  • Total Badges: 24
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #22 on: November 20, 2021, 11:46:14 PM »
Once this country decided to legalize Bitcoin as  a legal tender, I am sure that they have been transparencies about the things to do in the future. Including about the asset that are commonly only focusing on Bitcoin, but not really about banks. However is it?
No of course, they are smarter and they have problem how to store, use, trade, and also utilize.
Money laundering? Well maybe it will happen

Offline dekafee79

  • Legendary
  • *
  • Activity: 2328
  • points:
    57697
  • Karma: 218
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 28, 2024, 09:00:18 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #23 on: November 21, 2021, 05:30:15 AM »
El Salvador's law-making bitcoin legal tender means banks face higher risks, including of violating rules against money laundering and terrorism financing, rating agency Fitch said in a report on Friday, Reuters reported.
The bitcoin move, set to take effect on Sept. 7, "would increase financial institutions' regulatory, financial and operational risks, including the potential of violating international anti-money laundering and terrorist financing standards," said Fitch. The possibility of using bitcoin for all obligations, including bank loans, could funnel bitcoin traffic through the Central American country, which "may increase the risks that proceeds from illicit activities pass through the Salvadoran financial system," Fitch said.

Money laundering, I think It always happens at every where, several members here have commented about it
I agree.
Not only in bitcoin or crypto, because scammers gona scam, and always doing the same .

Offline masudginanjar

  • Legendary
  • *
  • *
  • Activity: 1855
  • points:
    19691
  • Karma: 1
  • Anonymous Bitcoin Mixer
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 20, 2024, 06:52:33 AM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary Search
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #24 on: November 23, 2021, 02:00:26 PM »
Where did the money laundering come from ??
Money laundering is if a lot of Bitcoin is misused for what is not good because medical drugs are also if not used for good it will turn into drugs and narcotics.

I see from a different perspective that this is the starting point for a new regulation in the state of El Salvador for Bitcoin procurement to be accepted by the whole community.
THORMIXER██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████████
.
  Anonymous Bitcoin Mixer 
.
████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
▄▄███████▄▄
▄██████████▀▀███▄
▄████████████▄▄██▀██▄
▄█████████████▀██▄████▄
▄██████████████▄▀██████▄
██████████████▀█▄████████
█████████████████████████
██████████████▄█▀████████
▀██████████████▀▄██████▀
▀█████████████▄██▀████▀
▀████████████▀▀██▄██▀
▀██████████▄▄███▀
▀▀███████▀▀

.
ONION
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██
██
████
█████████████████████████████████████████████████████████████████████████
.
START MIX.
█████████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██

██████

Offline Alcor

  • Legendary
  • *
  • *
  • Activity: 2464
  • points:
    43200
  • Karma: 157
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 23, 2024, 03:10:54 PM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #25 on: December 26, 2021, 06:59:13 AM »
The banking system has always used this pretext to cast a shadow over decentralized cryptocurrency. They already need to come up with something new, however, apparently, they have no other arguments, and the old arguments, which in fact do not correspond to reality, were again used.
Previously, both in Europe and in the United States, relevant studies have already been carried out, and they all showed that Bitcoin is used for criminal purposes only in a few percent of cases. Cash is used much more often for this, so they should pay more attention to their fiat. Moreover, I think that this is not relevant at all for El Salvador.

.FX..BOX.
 
▄████████████████████████████████████████▄
███                                    ███
███                          ▄██▄      ███
███                         ▄█████▄    ███
███   ▄▄                   ▄████████▄  ███
███  ▄███▄                █████▀██████▄███
███ ███████▄             █████▀  ▀████████
█████████████▄         ▄█████      ▀██████
███████▀▀██████▄      ▄█████         ▀████
██████    ▀██████▄   ██████            ▀██
█████       ▀██████▄██████             ▄
███▀          ▀██████████              ██▄
██▀             ▀▀█████▀               ███
█▀                 ▀██▀                ███
▀ ▄                  ▀                 ███
▄██                                    ███
▀████████████████████████████████████████▀
 
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
 
              ▄▄███
        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
▀█████▀▀ ▄███████
       ▄█████████
       ██▀██████
       ▀    ▀▀█▀


██▀▀█▄       ▄█▀
 ▀█▄ ▀█▄   ▄█▀
   ▀█▄ ▀█▄█▀
     ▀█  █▄
    ▄█▀█▄ ▀█▄
  ▄█▀   ▀█▄ ▀█▄
▄█▀       ▀█▄▄██
 
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
               │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
 
.FOREX..TRADING FROM $1.
 
.READ MORE.

Online Bliznec

  • Hero Member
  • *
  • Activity: 921
  • points:
    25
  • Karma: 63
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 05:29:59 AM
    • View Profile

  • Total Badges: 15
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #26 on: December 26, 2021, 08:34:52 AM »
I don't know what to worry about. El Salvador, when he came to accept Bitcoin, was ready for such an action. It is necessary to calculate the steps forward in order to be aware of the challenges ahead.   

Offline Callisto

  • Hero Member
  • *
  • Activity: 890
  • points:
    1
  • Karma: 94
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 27, 2024, 06:16:37 PM
    • View Profile

  • Total Badges: 19
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #27 on: December 26, 2021, 10:14:51 AM »
This is, of course, a very important issue in the field of bitcoin recognition in different countries, because in fact, bitcoin is not controllable, and these are really the risks of money laundering. Here, of course, the other side of the coin, it seems that everyone wants the recognition of bitcoin around the world, but there are a number of problems with this innovation.

Online Freemind

  • * President *
  • Mythical
  • *
  • *
  • *
  • *
  • *
  • *
  • Activity: 9321
  • points:
    337498
  • Karma: 621
  • Mixero: Privacy by XMR (Monero) bridge
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 05:57:55 AM
    • View Profile

  • Total Badges: 25
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #28 on: December 26, 2021, 01:14:42 PM »
I find it really funny that banks are afraid of money laundering when it is precisely the banks that "help" to launder money. In the latest Business Insider report of 2020 it is made public that banks such as JPMorgan Chase, HSBC or Deutsche Bank, among others, participated and facilitated the movement of money from criminal activities even after being discovered. Banks should shut up, update their business models, or disappear.
░░░░░░░░░░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░░░░░░░░░░░░░░░█████████████
░░░░░░█████████░░█████████████
░░░░░░█████████
░░░░░░█████████
░░░░░░█████████░░░░█████████
░░░░░░░░░░░░░░░░░░░█████████
████░░░░░░░░░░░░░░█████████
████░░░░░░░░░░░░░░█████████
██████████████████████████████
█████████▀▀███▀▀░░▀▀▀█████████
███████▀░░█▀░░░░▄▄▄▄▄▄▄███████
██████░░░██░░▄█▀▀░░░░░▀▀██████
█████░░░░█░░███████▄▄▄░░░▀████
███░██░░░█▄████████▄░▀█▄░░░███
███░░██░░░███████████░░▀█▄░███
████░░▀██▄▄████████░██░░░█▄███
█████░░░░░▀▀▀▀▀▀██░░██░░░█████
███████▄▄▄▄▄▄▄█▀░░░▄█░░░██████
████████▀▀▀▀░░░░░░██░░▄███████
██████████▄▄▄▄▄████▄██████████
██████████████████████████████
██████████████████████████████████████████████████████████████████████████████████
.
MIXERO.IO
.
██████████████████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
..
..
..
..
..
..
..
..
██████████████████████████████
███████▀▀██░▀█████████████████
████████░░█░█▀▀░██████████████
████████░░▀░░░▄███████████████
██████▀░░░░░░░░░▀██████░▀█████
████▀░░░░░░░░░░░░░██▀▀█▄░░████
████░░░░░░░░░░░▄████▄░▀██░░███
████░░░░░░░░░▄██▀░▄██░░██░░███
█████░░░░░░▄██▀████▀░░██░░████
███████▄▄▄████▄░░░░▄██▀░░█████
███████████░░▀▀▀██▀▀▀░░▄██████
██████████████▄▄▄▄▄▄██████████
██████████████████████████████
..
..
..
..
████
██
██
██
██
██
██
██
██
██
██
██
████
██████████████████████████████████████████████████████████████████████
.
MIX.NOW
.
██████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
█████████████
█████████████
░░░░░░░░░██████
█████████████░░░░██░░░██████
█████████████░░░░░░░░░██████
█████████████
█████████████░░█████████
░░░░░░░░░░░░░░░█████████
░░░░░░░░░░░░░░░█████████
░░█████████░░░░█████████
░░█████████
░░█████████░░░██░░░░░░░░░░████
░░█████████░░░░░░░░░░░░░░░████

Offline WButler89

  • Plagiarism strike
  • Baby Steps
  • *
  • Activity: 6
  • points:
    340
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 12, 2022, 10:37:51 AM
    • View Profile

  • Total Badges: 3
    Badges: (View All)
    First Post Second year Anniversary One year Anniversary
Re: El Salvador's Bitcoin law: Banks face risk of money laundering.
« Reply #29 on: January 05, 2022, 02:42:26 PM »
The problem with Bitcoin is that it exists exclusively in digital form. Paper dollars can be withdrawn from an ATM and paid for goods and services in places where contactless payment is impossible, and there are still plenty of such places not only in El Salvador, but even in Europe. Another problem is that digital currency is not backed by anything and is only a speculative instrument. It can be worth one dollar a coin and you can't do anything with it.

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod