RE: Saudi Arabia Makes Bitcoin Trading Illegal! What Do You Think About This Move?

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Saudi Arabia Makes Bitcoin Trading Illegal! What Do You Think About This Move?

in bitcoin •  6 years ago 

I think they are afraid of capital flight via cryptocurrency.
Saudi Arabia's young prince, MBS, trusted McKinsey's very ambitious blueprint and is doing unrealistic economic exercise. Now they clearly need to control the capital very strictly.

I hope they will realize the importance of following this new tech and find a way to develop their society by utilizing this inovation.

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