Bitcoin friendly countries.

[peilthetraveler]

http://bitlegal.io/

Check out the map...You'll notice that all the bitcoin friendly countries are the countries that are 1st world wealthy countries. The hostile ones are the 3rd world back ass backword countries.

Guess the citizens of those countries are not going to share in this once in a life time epic wealth creation vehicle.

 

[badnewsbear]

You still don't know anything about money laundering through bitcoin. It is immensely easy to do, and Russia is doing the right thing by banning bitcoin.

Don't even bother to use the argument "you can launder through the USD", no, it's 1000x easier to launder through electronic currencies. Also, a decent portion of users of BTC are involved in cyber crime, which is mostly taking place out of Russia and its neighboring states.

BTC will soon have more enemies than friends.

 

[Hoi]

BTC will soon have more enemies than friends.

Current friends: 3 million and growing exponential to 10 million at the end of this year.

Current enemies: a few people in some (mostly corrupt) governments and some trolls like you.

 

[peilthetraveler]

You still don't know anything about money laundering through bitcoin. It is immensely easy to do, and Russia is doing the right thing by banning bitcoin.

Don't even bother to use the argument "you can launder through the USD", no, it's 1000x easier to launder through electronic currencies. Also, a decent portion of users of BTC are involved in cyber crime, which is mostly taking place out of Russia and its neighboring states.

BTC will soon have more enemies than friends.

Its estimated that money laundering is somewhere in the amount of 2%-5% of the worlds GDP or between $1.7 to $4.25 trillion dollars per year. If we assumed that every single dollar that was ever traded in bitcoin was 100% put in there by money launderers, that would mean that in a year about 18 billion dollars is laundered through bitcoin or about 1% of the lowest estimate of total money laundered every year, so 99% of money is still laundered in other places.

Your argument is invalid.