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> Those who violate the law will face significant penalties. Individuals involved in business transactions that violate the limit may receive a fine of between
by yuan43 4y ago
> Those who violate the law will face significant penalties. Individuals involved in business transactions that violate the limit may receive a fine of between 15% and 30% of the transaction’s value, depending on the size of the transaction.
For those who swear up and down that they can't think of a single use case for Bitcoin, does this not qualify?
A major national government is literally threatening its own citizens with loss of property for the crime of using its own currency, supplied to the public that it might be used, too much.
Cash is one of the last state-sanctioned methods to make payments privately. There are good reasons to want to do so that have nothing to do with criminal activity. Slowly but surely, even that avenue is being barricaded and locked down.
- basedgod 4y agooh no dipshits who sell their cars can no longer be paid in $7k worth of cash and need to be paid with a bank transfer won't somebody please think of the dipshits
- binbashthefash 4y ago