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You misses the point. There is no reason to ban anything. You can also buy Pokemon cards and sell or trade them. Call them funny money cards if you want, but th
by noxer 5y ago
You misses the point. There is no reason to ban anything.
You can also buy Pokemon cards and sell or trade them. Call them funny money cards if you want, but there is no legitimate reason why people should not be able to buy/sell them.
Also plenty places have already put cryptos in the laws declared them as alternative currency so they cant really prevent financial institution form handling it.
If they really would globally cut crypto form fiat. You wouldn't need to pay taxes with anything you do with crypt anymore since its just "funny money" this would boost crypto and devalue fiat and cause all kind of horrible side effects. You have in incentive to get paid in funny money if you dont have to tax it.