Iran Central Bank Bans Cryptocurrency

in cryptocurrency •  7 years ago  (edited)

My reaction to the news is that people shouldn’t suffer for the misdealings of its government. The country’s fiat currency is worthless and people are suffering as a consequence. Bitcoin and other crypto is a way for them to preserve what’s left of their net worth. I’m hopeful that despite the ban on the country’s banks, it’s people will have access through other means.

I know the headline may be a few days old but I just caught it and had to rant a little. Thanks.

Full article: https://www.reuters.com/article/us-crypto-currencies-iran/iran-central-bank-bans-cryptocurrency-dealings-idUSKBN1HT0YN

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This is a ridicule step made by governments; This technology can't never be stopped or controlled especially when talking about those countries that have nothing to add to it. Conservative governments like Iran will always be afraid from innovation that may touch their corruption.
Think which better for Iran; investing in new technology blockchain or in nuclear weapons?

Iran government or any other governments can't stop cryptocurrency growth for the reasons I (@panahi1353) mentioned in the recent article.
Thanks

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