grappa_barricata
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November 11, 2014, 11:47:32 AM


http://www.zerohedge.com/news/2014-11-10/ukraine-central-bank-bans-bitcoin-protect-citizens-financing-terrorism

Interesting, this is what banks can do I suppose. Try to cut it off at entry exit points.

Im interested in how collapsing currency could hope to convert over to bitcoin, or another crypto? wouldnt it need someone else prepared to sell them the coins in exchange for their increasingly worthless fiat?


A very good point. Between this factor and the inevitable capital control, in a situation like this, the average citizen has no way to escape into bitcoin (or even gold...). They got us by the balls.