https://bitcoinmagazine.com/articles/bolivian-authorities-arrest-60-cryptocurrency-promoters/
and
https://cointelegraph.com/news/bolivia-calls-cryptocurrency-pyramid-scheme-arrests-advocates
Can someone explain this ? They are just arresting people for using and trading bitcoin
HAHAHAHAHAHAHA, the nocoiner war has begun
this is actually real, goodluck escaping the centralized banks, goys
They're only going after shills, which is understandable.
>>2248939
Damn, do you think governments will try and stop the craze ?
>>2248922
>Bolivia
third world shitholes are irrelevant
>>2248922
What is the gov gonna do against wallets people can save on paper? And that doesn't prevent people from just trading into a foreign currency.
>Bolivia is not the first Latin American country that is cracking down on Bitcoin users. In February of this year, Venezuelan authorities arrested eight Bitcoin miners. In addition to that, Venezuela’s main exchange — Surbitcoin — had to halt operations as the company’s bank closed their account.
This is the real scary shit right here that can shut down cryptos. Your freedom is an illusion if you still have to cash out to fiat to become rich. Cryptos can't be controlled but banks can be made to comply.
>>2249107
>socialist shithole
>freedom
Loving every laugh m8
>>2249110
What about Bitfinex suing Wells Fargo because they halted wire transfers?
What about China halting exchanges from withdrawing their bitcoins into fiat?
You're really not taking this bank threat seriously.
>>2248922
Banks do not like competition.
>>2249126
as long as the US has no real alternative to ponzidebt galactic spiral we are currently living in, I think cryptos are fine.
I think the globalsts would actually prefer promoting cryptos rather tham having the chinese take control of the world. They actually wanted an international currency called phoenix.
>>2249224
>I think cryptos are fine
There's still a chance that cryptos can get so big that central banks around the world will lose control of money. That's when shit could go down because your "wealth" in cryptos is virtual until you cash out to fiat, which banks control.
Why are nocoiners so salty?
These are very poor countries and crypto can hurt their struggling economies even worse. It makes sense. If this shit continues on it's current path I see more countries doing this. Governments and banks aren't just going to give up power to a bunch of NEETs.
>>2249261
you are aware that fiats are virtual too ? :^)
>>2249413
Fiat is backed by people with lots of guns. You also can't pay your bills or rent in cryptos.
>>2249292
You'll more money than country or a bank,they cant hace that. Govermrnts are not ready for this shit.
>>2249292
lol