lol fools, but it could be a sign of trouble in the economy. If the government requires you only transact in your currency and can't convert it to anything else (in this case electronic currencies), they want just their currency to have a high rate of velocity and don't want people thinking about alternatives. Or they may fear that people could flee into bitcoin as a hedge against their own falling currency, and so they now have to ban it. They could also fear that prices could become denominated in bitcoins, and not the national currency.
try reading and doing research next time...
seems you just glanced over the title and maybe a paragraph of coindesk..
bolivian central bank has not stopped individuals trading in bitcoins. all it say from the actual bank announcement, is the same as every country
- banks will not hand out bitcoins, nor will they hand out baked beans, facebook credits or carrots
- individuals should be warned that any investment without contracted guarantee's are risky. can go up and down
