WORLD AUTHORITIES MOVE AGAINST BITCOIN
Written on 16/01/2021


Lot of talk this week about banning Bitcoin, or at least regulating this ubiquitous currency. How can you regulate this? Ask IFAC internally, (IFAC being the sort of people who ask this sort of thing)

A quick bit of research shows that under The Gold Reserve Act owning investment gold was illegal in the USA between 1934 and 1975 and the price was fixed at a statutory level.  Don’t bet against more regulation.


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