Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Newchanka on December 19, 2018, 12:24:02 AM



Title: What Approach Will The US Use To Stop Evasion of Sanctions?
Post by: Newchanka on December 19, 2018, 12:24:02 AM
The Iranians are taking advantage of crypto in the wake of biting sanctions. Will this affect US crypto regulatory policy next year? What approach do you think a new policy will take? What will you do to beat such moves as an Iranian or Venezuelan?  https://cryptoinfowatch.com/iranian-currency-news-shows-increased-interest-in-blockchain/


Title: Re: What Approach Will The US Use To Stop Evasion of Sanctions?
Post by: DooMAD on December 19, 2018, 07:37:33 PM
The Iranians are taking advantage of crypto in the wake of biting sanctions. Will this affect US crypto regulatory policy next year? What approach do you think a new policy will take? What will you do to beat such moves as an Iranian or Venezuelan?  https://cryptoinfowatch.com/iranian-currency-news-shows-increased-interest-in-blockchain/

The US will place all their attention on the points where BTC is traded for USD and other national currencies.  They'll try to enforce their will on the exchanges, merchants and other third party services.  There's not a great deal else they can do.


Title: Re: What Approach Will The US Use To Stop Evasion of Sanctions?
Post by: dothebeats on December 19, 2018, 07:48:11 PM
The US is trying so hard to constrict the growth and the movement of money on Iran. This is not about sanctions anymore but outright bullying on the US' part. Good thing though cryptocurrencies are there to at least help the innocent Iranians do something for their own which requires outside trades from their countries. Shifting to a blockchain-based currency isn't a guarantee that something will work for Iran, but it's a good option. After all, Venezuela is a prime example of how the normal citizens cope with everyday life using bitcoins albeit the continuous pursuits of the government to shove petromoneda on the asses of its citizens.