Why government in Poland don't like Bitcoin - my opinion

in #cryptocurrency • 7 years ago (edited)

Why government in Poland don't like Bitcoin - my opinion

Poland crypto aversion is a bit complicated. There are two important moments in the past to consider:

  1. Year 2008 and before. Many Poles took a big loans in CHF (Swiss currency). Most of them bought house so it was a huge amount of money. In 2008 the CHF value started to grow. The price of CHF grew twice. Also, the price of real estates in Poland dropped in 2008 and past. So.. now they need to give back to the bank four times more money than the house price. Government did not warn before 2008

  2. Amber Gold - it was a huge scam. Someone promised good commission - guaranteed returns of 13%. Many of Poles brought their money to Amber Gold, but money disappeared in 2012. You can read about amber gold in English here. Government did not warn us again.

Today, it is March of 2018 and people mentioned in point 1 and 2 are still without money.

So... It is simple. Now everyone things that cryptocurrencies are new era Amber Gold. Government warning us just in case :) They do not want to be blamed again.

#bitcoin #poland
7 years ago in #cryptocurrency by
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     7 years ago 

    I would add one more reason

    Mateusz Morawiecki prime minister of the government was president of Bank Zachodni WBK ( member of Santander group ). As we know, banks are struggling with cryptocurrencies. A lot of people do not like him, because they see him as a economic dictator. Recently government increased tax for fuel.

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     7 years ago 

    For future viewers: price of bitcoin at the moment of posting is 8633.90USD

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       7 years ago 

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         7 years ago 

        look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income.
        https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e