Mikhail Liebestein Posted April 18, 2021 Share Posted April 18, 2021 It looks like they are starting to move against Bitcoin. Turkey has just made crypto illegal: https://www.euronews.com/amp/2021/04/16/turkey-has-just-banned-the-use-of-cryptocurrencies-and-bitcoin-is-already-feeling-the-stra HSBC has banned people from dealing in Micro Strategy stock due to the firms holding of 91k BTC. https://www.financemagnates.com/cryptocurrency/news/hsbc-bans-microstrategy-shares-citing-bitcoin-investments/ The UK had already banned Crypto Derivatives: https://www.mirror.co.uk/money/every-single-bitcoin-product-banned-22800240 India is also on the case for on outright ban: https://mobile.reuters.com/article/amp/idUSKBN2B60QP Ray Dalio also thinks the US is heading that way: https://www.cnbc.com/amp/2021/03/26/bridgewaters-ray-dalio-good-probability-government-outlaws-bitcoin.html I've just sold out myself as the cyclical crash has started. I am sure most Crypto will drop 90%, before the next run up. That said, it may not recover this time, as we'll have viable Quantum computers fir cracking BTC in 3 years from now. BTW, i work in the field, and Quantum Computers are real. 2 Quote Link to comment Share on other sites More sharing options...
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