its really a shoking news ,now we could go to jail for using any crypto currency and its just a retard decision knowing that its comming from the same country who kept boasting about launching their first satelite and being a future proof country... anyways for anyone comming to morocco be careful ,the prisons here are already crouded .
Their regret is valid. Morocco is on its phase to development and can be termed as a developing economy. So if there is a constant use of bitcoin in their economy. Their currency would certainly get devalued. This would stop their inflation and reduce the pace of economic development. Moreover bitcoin makes it easy for people to evade taxes. Therefore, a small state without enough taxes would surely not prosper. This has provoked Govt. to take some strict steps against Cryptocurrency.
I don't agree with you. Most of the countries in this world have developing economy, that mean they all should BAN crypto-currencies and only developed countries Like US, Japan etc have right to to use BTC. In my opinion, BTC will help to boost the economy of a country by making ease in business which will help to develop the economy of a country more faster.