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Charlie Munger Thinks The Government Should Ban cryptocurrencies
It is very hard to get the government to make good, wise decisions when they quit the government, because they go out into this heavily promotional capitalism.
If you want to commit extortion, kidnapping, or have a protection racket, it's an ideal currency if you stop to think about it.
Charlie Munger is the right-hand man of Warren Buffet.
China’s central bank has sent notice to the country’s financial institutions instructing them to stop dealing with cryptocurrency transactions. The disclosure notes that the People’s Bank of China (PBOC) aims to protect Chinese citizens and “combat the speculation of Bitcoin and other virtual currency transactions.” PBOC Tells Banks to Stop Dealing With Crypto Exchanges and […]
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas.
China Recognizes Bitcoin as Commodity
The Beijing Arbitration Commission published an article on the legal nature of bitcoin in China on Thursday. The…
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Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India
Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India
Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as commodities. However, he stands by his draft crypto bill that bitcoin and other cryptocurrencies should be outlawed.
Garg Proposes Indian Government Regulates Crypto as Commodity
Subhash Chandra Garg, former Economic Affairs Secretary and…
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