Topic: Your Central Bank vs Bitcoin! (Read 89 times)

The same goes here in our country. The Central bank is anti or pro Bitcoin but it gave warning to the citizens to be aware of the risks it has. It told us to be vigilant and extra careful when investing in Bitcoin because of price volativity. I think it is a good start because in our country, our government doesn't see Bitcoin as a scam.

Banks regulated the money from third party (bitcoin). They will hold your money if you wouldn't prove that your money was belongs to you. Banks spread false information about bitcoin. They don't want us to get involve in bitcoin or crypto related topics. I know bitcoin better than them so I don't mind people those giving their opinions without knowing every little thing about bitcoin.

You're kind of on the money when you talk about banks weighing the pro's and con's of having electronic payments enabled for the users.

Banks will usually win when it comes down to money though what you do with the money is another story.

In my country, Bitcoin is not illegal yet but the banks are closing accounts from people who receive money from an exchange. Funny thing is that the bank didn't close the exchanges account yet. However yesterday I read about a bank closing an account from the second biggest Brazilian exchange. I don't know where you are, but in US people complain and fight for their rights, they stand for their beliefs and do something about it. I saw what people did to the bank that sent a letter to a customer advising him to not receive money from Coinbase anymore. I admire the American attitude and I really wish Brazilians would do the same. Every time I see a post on Facebook of someone getting their account closed from some bank I suggest we do the same thing that people did with the Lakestone Bank & Trust. People exposed their dictatorship policy, more than 600 people reviewed their Facebook page with 1 star (they had to remove the rating option) but you still can see people commenting on their posts and you can check their low review on Google. I try to engage something, to unify cryptocurrencies users, but in Brazil, nobody cares. Corruption is free here. Politicians do whatever they want with our money and people keep voting for the same thieves. Honestly, I want to believe that I could do something, but I'm one in a million and I'm losing hope. Soon the government will ban cryptos here, and the only "legal" one will be the Illuminati coin, wanna bet or am I going nuts?

What are your thoughts on the stand of central banks or major banks of your country regarding Bitcoin! Some countries are banning Bitcoin and Bitcoin trading, some are trying to take measures in regulating and/or looking forward in the taxes in bitcoin trade. So far my country has only given warning regarding Bitcoin but has not made any major regulations or statements regarding bitcoin. I think they are trying to gauge the pros and cons of Bitcoin. Our Central Bank has approved companies that exchanges bitcoin to our local currency although of course for a Fee. I think this is an attempt to somehow view the scale of Bitcoin transactions and might be used as reference in the future.