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Topic: Legalization. In Ukraine and now Laos - page 5. (Read 581 times)

legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
September 16, 2021, 10:27:00 AM
#3
One by one & then they will all come. In 20 years any country refusing to adapt & adopt bitcoin will be left behind.
It’s only a matter of time, we must be patient.
legendary
Activity: 3080
Merit: 1500
September 16, 2021, 09:52:25 AM
#2
Asian nation Laos to legalize Bitcoin mining and trading

I am suspicious on the word legalize. It can be used inaccurately and I think we will need more time to see it is really a legalization or just a fake news, a misleading term using on media.

I mean terms like ban, legalize can be used and misled by social media and whales.

Laos has cheap electricity price, you can check the chart: https://www.globalpetrolprices.com/electricity_prices/
Will the nation appears on the World Mining Map and move closely to nations like Kazakhstan or Ukraine? https://cbeci.org/mining_map

We are yet to see the final outcome because the government has just permitted few countries to start bitcoin mining operations and began drafting rules and regulations. So we have already seen one positive thing. More positive things to come in near future.

Laos is a small country and not really fit for hosting big manufacturing hubs. So the government is trying to play smart by utilizing their cheap electric resources to bitcoin mining and earn tax revenue from it. Completely makes sense!
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
September 16, 2021, 09:32:58 AM
#1
Asian nation Laos to legalize Bitcoin mining and trading

I am suspicious on the word legalize. It can be used inaccurately and I think we will need more time to see it is really a legalization or just a fake news, a misleading term using on media.

I mean terms like ban, legalize can be used and misled by social media and whales.

Laos has cheap electricity price, you can check the chart: https://www.globalpetrolprices.com/electricity_prices/
Will the nation appears on the World Mining Map and move closely to nations like Kazakhstan or Ukraine? https://cbeci.org/mining_map
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