This is just a situational report about Bitcoin adoption in Mongolia, and I'm still alive and preparing to release something.
This summer was kind of explosion to compare with previous years.
It seems like my humble bitcoin site and this topic here pressed the panic button of many business guys. Accelerated everything and Greed done the most things.
Some wants to become Bitcoin Jesus and some of them imagines me like future competitor.
One of them promised fake donation if i report every step of my plan so he can copy it. LOL
I was bit happy when longest running bitcoin exchange was handling their operations through Mongolia.
https://twitter.com/btcecom/status/882642461545385985BTC-e was cheapest and fast source to buy bitcoin from Mongolia though.
Unfortunately they clamped down by FBI in July then came back like boss with huge losses. still severely damaged.
I think it's political war between Trump and Putin rather simple cyber crime arrests.
Good news is we have Bitcoin exchange opening in Mongolia soon, They partnered with unknown Chinese exchange.
I doubt they got any permission from our Central Bank or Financial Regulators this so fast.
If they won't get banned, I'm so sure that crypto exchanges will grow everywhere like mushrooms in Mongolia.
It will be interesting to see reactions of our banksters in upcoming months. Actually I noticed some fears when Mongolian Bloomberg began to bombard with negative and fake news about Bitcoin,
Some news was completely different translations and intentionally skewed from main Bloomberg news.
It raised my eyebrows until I discovered that they had partially owned by most evil bank in Mongolia.
Bad news is Onecoin has began to flourish again and more Onecoin victims than Bitcoin users by now. Maybe 1000 victims at least.
They boast about 10k registered members in Mongolia. Lack of Bitcoin supply worsened this unfortunate event.
So Onecoin came to fill this vacuum easily. It had no blockchain and it wasn't crypto. Just a web site with mysql database when i visited their brainwashing seminar.
I gave social media warnings and bunch of verbal assaults in return. People are so blinded by greed. Police turned a blind eye to it even though we have laws against pyramid scheme.
If they release their own cryptocurrency version next year as promised, It will be one of the biggest ponzi in history of crypto, I guess
I didn't go out this summer and had no parties, I completely dedicated all of my time to learning blockchain and smart contracts.
Satoshi's work was the most jaw-droppingly awesome thing I never seen before.
It gave me mind-blows everyday. Now I'm very close to reaching my goals.