It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Monday, June 19, 2017

The US Government Clamps Down on Ability of Americans To Purchase Bitcoin

https://dollarvigilante.com/blog/2017/06/17/the-us-government-clamps-down-on-ability-of-americans-to-purchase-bitcoin.html

The bankrupt US government has been instituting capital controls for years now and have ensured that Americans can’t open a bank account nor even a bitcoin exchange account outside of the US through things like the Foreign Account Tax Compliance Act (FATCA) and just outright threatening to attack any bank or bitcoin exchange in the world who accepts Americans as clients.
This leaves Americans in the “land of the free” with very few options for bitcoin exchanges.
No exchange outside of the US will accept Americans as clients. They’ll accept North Koreans. Iranians. Russians. Chinese. Anyone… except for Americans.
And due to all the regulations in the fascist/socialist mixed US economy, it is incredibly hard to even operate a bitcoin exchange in the US.
While there are now a few other options, which we’ll discuss further below, until recently, there was only one option. Coinbase.
To be fair to Coinbase a lot of the issues with the exchange aren’t its fault directly. They are due to the myriad of rules and regulations that are strictly enforced in the US police state.

No comments:

Post a Comment