Jacob | Five Eye Tea on Nostr: How so? If a nation makes Bitcoin illegal, KYCed, regulated payment apps will not be ...
How so?
If a nation makes Bitcoin illegal, KYCed, regulated payment apps will not be useful in purchasing Bitcoin, just as it won't work with exchanges either. You could still trade between each other but you wouldn't be able to buy anymore without leaving the country which most people can't and don't want to do.
Published at
2024-12-05 02:36:14Event JSON
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"content": "How so?\n\nIf a nation makes Bitcoin illegal, KYCed, regulated payment apps will not be useful in purchasing Bitcoin, just as it won't work with exchanges either. You could still trade between each other but you wouldn't be able to buy anymore without leaving the country which most people can't and don't want to do. ",
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