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Topic: Ukraine's National Bank Issues Bitcoin Warning - page 2. (Read 1029 times)

legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
Bitcoin may sound/look scary at first because people thought there could be "losses of money" but that is not true. You just need to be spend a day learning Bitcoin and you will know how it works. Do transaction only with people whom you can trust and ... prefect.
legendary
Activity: 1358
Merit: 1014
I think that by this point most people that get on Bitcoin already understands all the risks. If you know what Bitcoin is im sure you've seen a million times already people telling you how it's high volatile and how it's "half illegal" so to speak. Stuff like this doesn't change much. Whoever wants to get in will get in anyway.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
Now where did this come from? Last news we have heard about Ukraine was that they are most liberal country at the moment in their regard towards Bitcoin. Some people even implied that Bitcoin could be recognized by the government in Ukraine.

Now the statement as statement is not much different than all of the statements issued by governments worldwide. Just a general bull crap about dangers of Bitcoin and customer protection that it doesn't have.
legendary
Activity: 1148
Merit: 1010
In Satoshi I Trust
How Ukraine's Central Bank Wrecked the Country's Nascent Economic Recovery in 2011

http://www.huffingtonpost.com/andrei-kirilenko/how-ukraines-central-bank_b_7991096.html

 Grin
staff
Activity: 3472
Merit: 6129
Ukraine's National Bank has warned against the associated risks that come with digital currencies such as bitcoin.

A statement from the bank dated 1st October, first reported by Ukrainian news site Finance.ua, said it should not be held liable for any losses incurred by consumers using digital currencies to settle transactions.

Instead, it urged banks, consumers and payment organisations to use approved payment systems that guarantee consumer protection
(of course  Roll Eyes )

Full article : http://www.coindesk.com/ukraines-national-bank-issues-bitcoin-warning/
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