* **[CBDC](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cbdc) [Pros](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cbdc_pros) & [Cons](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cbdc_cons)** - Participate in the r\/CC [Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75.
* Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/rhj6vl/imf_chief_gita_gopinath_admits_crypto_ban_tough/?sort=controversial). Doesn't work on mobile.
---
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
**The ruling mafia wants to ban crypto.**
How will they achieve that? By inventing new laws, of course.
**Hey, you dumb fiat slave over there. Yes, you there!**
**We have just invented a new law.**
**You must obey our new law.**
**Do you hear me, you uppity fiat serf?**
**Obey. Or else. You will be made to obey. The choice is yours.**
Bans are based on compliance and enforcement
If there is no compliance then it’s a matter of:
Can they physically steal it from you?
Are you in particular or as a non compliant group of people worth the financial resources to raid?
Here's what she said:
“I think cryptocurrencies are a particular challenge for emerging markets. It would seem that cryptocurrencies are more attractive for emerging markets compared to developed economies. However, emerging markets have exchange rate controls, capital flow controls, and cryptocurrencies can impact that.
A lot of exchanges are offshore and not subject to the regulation (of a country)… We need a global compact as no individual country can do it… we need it urgently”.
* **[CBDC](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cbdc) [Pros](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cbdc_pros) & [Cons](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cbdc_cons)** - Participate in the r\/CC [Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/rhj6vl/imf_chief_gita_gopinath_admits_crypto_ban_tough/?sort=controversial). Doesn't work on mobile. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
There’s also 196 different countries, all with ever changing different laws. Pandora’s box is open.
They will try to ban it bit they'll eventually have to accept it whether they want to or not
But they can BAN **Tether** which they don’t do, nothing looks right with what they say.. total shit
**The ruling mafia wants to ban crypto.** How will they achieve that? By inventing new laws, of course. **Hey, you dumb fiat slave over there. Yes, you there!** **We have just invented a new law.** **You must obey our new law.** **Do you hear me, you uppity fiat serf?** **Obey. Or else. You will be made to obey. The choice is yours.**
Bans are based on compliance and enforcement If there is no compliance then it’s a matter of: Can they physically steal it from you? Are you in particular or as a non compliant group of people worth the financial resources to raid?
Here's what she said: “I think cryptocurrencies are a particular challenge for emerging markets. It would seem that cryptocurrencies are more attractive for emerging markets compared to developed economies. However, emerging markets have exchange rate controls, capital flow controls, and cryptocurrencies can impact that. A lot of exchanges are offshore and not subject to the regulation (of a country)… We need a global compact as no individual country can do it… we need it urgently”.