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RE: Vietnam plans to legalize Bitcoin in 2018
Sounds good but here's what we are forgetting. Why the hell was it legalized in the first place? What mentality is over people that does not allow them to legally deal with bitcoin. That's crazy, smh. Thanks for sharing.
Well..if "everyone" starts using a decentralized currency, what will happen to the banks? I believe, either the banks /governments need to find a way to regulate Bitcoin (either through harder taxation, or some other form which they will make money on) OR they will have to adapt to it. An old and allmighty institution like the banks will not just give up without a fight. Either they will fight it hard, or they will find a way to join in and make money.
I want it to stay unregulated. I want all the banks to crash. LoL. Sounds extreme, but think about this...for someone with poor or fair credit, what is the real purpose of a bank. What services are they really offering you that a debit card service couldn't offer you.