3 ms·
> The Turkish central bank banned the use of cryptocurrencies as a form of payment from April 30, saying the level of anonymity behind the digital tokens brings
by Blikkentrekker 6y ago
> The Turkish central bank banned the use of cryptocurrencies as a form of payment from April 30, saying the level of anonymity behind the digital tokens brings the risk of “non-recoverable” losses.
> A lack of regulation, supervision mechanisms or central regulatory authority, combined with the potential for criminal activity and the high volatility of their market value, mean digital tokens entail “significant risks,” the central bank said in a statement on its website.
How is this different from any other raw material that one can use to purchase goods?
If a store allow it, one can buy goods in gold, silver, chairs, or Magic: The Gathering cards, which come with all the same problems.