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Topic: [2017-06-18] The US Government Clamps Down on Ability of Americans To Purchase (Read 3011 times)

sr. member
Activity: 1008
Merit: 355
As depicted in that article, it can indeed be sad that Americans are denied a free-wheeling participation in one of the most important inventions of all time -- the Bitcoin and blockchain technology. Ironic, isn't it that in the land of the free...constraints and restraints are laid down maybe in the name of political correctness or shortsightedness on the government authorities. 

In this case, I find Japan as the one bringing the fresh air into the Bitcoin world as it recognized the currency and is now about to harvest the benefits Bitcoin and cryptocurrency can be bringing into the country.

USA is becoming like the land of the afraid. Sad to say.
legendary
Activity: 1232
Merit: 1005
The US Government Clamps Down on Ability of Americans To Purchase Bitcoin

You have to feel sorry for Americans. They are some of the most financially enslaved people in the world.

The bankrupt US government has been instituting capital controls for years now and have ensured that Americans can’t open a bank account nor even a bitcoin exchange account outside of the US through things like the Foreign Account Tax Compliance Act (FATCA) and just outright threatening to attack any bank or bitcoin exchange in the world who accepts Americans as clients.

This leaves Americans in the “land of the free” with very few options for bitcoin exchanges.

No exchange outside of the US will accept Americans as clients. They’ll accept North Koreans. Iranians. Russians. Chinese. Anyone… except for Americans.

And due to all the regulations in the fascist/socialist mixed US economy, it is incredibly hard to even operate a bitcoin exchange in the US.

full: http://www.marketoracle.co.uk/Article59410.html
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