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Author Topic: [2015-10-15] Poland's Ministry of Finance published second official response on  (Read 226 times)
milaliss (OP)
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October 15, 2015, 06:18:49 AM
 #1

Poland's Ministry of Finance published second official response on bitcoin to MP Maks Kraczkowski
Polish Minister of Finance confirmed that bitcoin regulation should be initiated by EU in response to the request filed by Polish legislator and politician, member of the party Right and Justice Maks Kraczkowski.
http://www.coinfox.info/news/legislation/3364-poland-s-ministry-of-finance-published-second-official-response-on-bitcoin-to-mp-maks-kraczkowski
Kakmakr
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October 15, 2015, 07:56:15 AM
 #2

We must consider who is the driving force behind these politicians?

" As we reported in January, two Polish banks, Bank Zachodni WBK and BPH, shut down the accounts of bitcoin companies citing the lack of regulation of the cryptocurrency in the country. "

The banks obviously has a hand in this and we all know why, right? ^hmf^

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October 15, 2015, 12:29:07 PM
 #3

It isn't too surprising that regulatory pressure is the first roadblock thrown in front of Bitcoin adoption. If the politicians are shrewd, they are using it as a delaying tactic to give their financial industries a chance. If they are stupid, they're just treating Bitcoin like any other financial instrument, because they don't know any better. The best part about this is, it doesn't materially matter what they do, since the low barrier of entry to Bitcoin ensures that whoever wants to run a client - can, and with minimal interference.

Its just like how the RIAA tried to fight music sharing, and they're still losing, even decades later and untold millions poured into fruitless lawsuits.

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