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❕NEWS Netherland Should Not Ban Crypto Says Netherland Finance Minister

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Netherland is working on how to ban cryptocurrency activities in their country due to economic crises but Wopke Hoekstra the finance minister to the country is on the other side of the post as to the country's decision, He said supervising or regulating the Crypto currency activities despite the risk or volatile nature is better than outright ban .

I feel the government show consider his opinion been a financial expert.
 
Yeah i really hope he could convince the government more on why they should still consider the importance of bitcoin instead of banning it ,banning would only worsen economic condition
 
Netherland is the third country in the world that I hear that it would ban the cryptocurrencies. This of course will certainly not have a positive effect on their trend.
Do you agree?
Not exactly a positive effect but a negative effect ,because many investors in the country would quickly withdraw their coin in the country
 
Netherland is the third country in the world that I hear that it would ban the cryptocurrencies. This of course will certainly not have a positive effect on their trend.
Do you agree?
If they are banning for genuine reason they may have their trend of other countries but considering that most of the countries that had ban cryptocurrency are on the verge to reverse so regulations are better off.
 
Not exactly a positive effect but a negative effect ,because many investors in the country would quickly withdraw their coin in the country
Indeed. If in these countries, all investors sold all their capital of cryptocurrencies, the repercussion on the value of them would certainly be down.
 
Indeed. If in these countries, all investors sold all their capital of cryptocurrencies, the repercussion on the value of them would certainly be down.
It still on the percentage of their trading volume in the country, if it is high just like China obviously it will affect the market but if low it may not.
 
It still on the percentage of their trading volume in the country, if it is high just like China obviously it will affect the market but if low it may not.
I see. Now I say what I will do, without influencing anyone else. So, given the moment, I wait ...
I cannot allow to take risks.
 
I see. Now I say what I will do, without influencing anyone else. So, given the moment, I wait ...
I cannot allow to take risks.
If you have intention of investing in cryptocurrency I think it better because if bitcoin could sustain $40,000 mark this week there is high possibility of more recovery than bearish moment.
 
If you have intention of investing in cryptocurrency I think it better because if bitcoin could sustain $40,000 mark this week there is high possibility of more recovery than bearish moment.
I see. But you have to excuse me, I do not believe at all, a determined increase, in the time of just one week!
But having said that ... well after all I could also be wrong ...
Can I know what do you think about?
 
Crypto currencies are to an extent not predictable but if you have knowledge non some coins and you are following updates arround the Crypto currency ecosystem you will be able to know what next, factors are always responsible for bull run likewise bearish moment.
 
It's really great that Governments are really being positive about Cryptocurrencies.In future they will start accepting because Bitcoin has many facilities than Traditional Currency.Here you can see the differences and advantages of Bitcoin and Traditional currency- https://articles.whalesheaven.com/c...itional-currency-is-bitcoin-better-than-fiat/
I read through the article and in all honesty cryptocurrencies has that freedom but government loves to have control over everything so cryptocurrencies will continue to struggle.
 
Netherland is working on how to ban cryptocurrency activities in their country due to economic crises but Wopke Hoekstra the finance minister to the country is on the other side of the post as to the country's decision, He said supervising or regulating the Crypto currency activities despite the risk or volatile nature is better than outright ban .

I feel the government show consider his opinion been a financial expert.
I think that regulations is far better than outright banning of cryptocurrency. The country stand to gain from this in the long run
 
I think that regulations is far better than outright banning of cryptocurrency. The country stand to gain from this in the long run
That's what everyone who is into cryptocurrency activities and has seen the future potential in it will say but government could be adamant for selfish reason
 

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