“Our Collective Thoughts” Are a Bitcoin Ban is Desirable Says Netherlands’ Finance Minister – Trustnodes

“Our Collective Thoughts” Are a Bitcoin Ban is Desirable Says Netherlands’ Finance Minister

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Wopke Hoekstra, Netherlands’ Minister of Finance,  wants to make clear in a few weeks whether a ban on bitcoin is desirable and possible, according to a rough translation of local media reports, which further say:

“Parties in the House of Representatives demand measures against so-called crypto coins and other controversial financial products.

According to the minister, ‘our collective thoughts’ go in the direction that it is desirable, but that requires a test. The same applies to the possibility of a ban, the minister said. He hopes to be able to inform the House within a few weeks.

Hoekstra warns about bitcoin under the motto: thinking before you start. Supervisors of the Netherlands Authority for the Financial Markets and De Nederlandsche Bank also point to the risks.

Despite this, the number of people in the Netherlands who invest in it is not decreasing dramatically, the minister observes.”

This is the very first time a western government has indicated they might be moving towards a crypto ban. A task technically impossible due to its peer to peer nature.

But that Netherlands is to be that western government is a curiosity. Not least because the country is no where near even the radar of the crypto map.

 

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TheRedeemer
January 31, 2018 8:23 pm

All the news Sources are misquoting, what ‘the collective thought’ is, is a ban on crypto-derivatives like futures and options. They have been trying to ban similar things for yours (e.g. BUX app), and failing at it. Conclusion: bad news outlets misquoting and creating fud.

pablo
January 31, 2018 8:27 pm

Journalism is dead. The inability of hacks to parse information is astounding. Go back in the gutter.

bbbb
February 1, 2018 7:04 am

“Minister Wopke Hoekstra (Financiën) wil over een paar weken duidelijk maken of een verbod van speculeren op koersstijgingen en -dalingen van de bitcoin wenselijk en mogelijk is. ”

Google translate:

“Minister Wopke Hoekstra (Finance) wants to make clear in a few weeks whether a ban on speculation on price rises and falls of the bitcoin is desirable and possible”

https://www.ad.nl/politiek/minister-bekijkt-verbod-op-speculeren-bitcoin~aa6f1627/

So what the redeemer says.