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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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>"The Central Bank of the Republic of Turkey has banned the use of cryptocurrencies for payments."
>"The Central Bank of the Republic of Turkey has banned the use of cryptocurrencies for payments."
It will be way easier banning crypto than physical gold again too many people are aware of the corrupted government we got tricked last time with the paper dollar being backed by the gold then slowly fucked us over. Turkey is a good example of how governments losing control over their currency’s value resort to fascist measures. Europe and possibly the US will follow. Buy Silver! That ship is going down, globally
It will be way easier banning crypto than physical gold again too many people are aware of the corrupted government we got tricked last time with the paper dollar being backed by the gold then slowly fucked us over. Turkey is a good example of how governments losing control over their currency’s value resort to fascist measures. Europe and possibly the US will follow. Buy Silver! That ship is going down, globally
[@naseerfafoo](/user/profile/naseerfafoo) As I understand the article, They are banning P2P payment, not crypto. Right now they are drafting a taxation proposal. So they are basically saying don't use p2p to withdraw but withdraw your fiat after you convert your coin in exchange to banks so they can monitor and tax it. Tax regulation is underway.
[@naseerfafoo](/user/profile/naseerfafoo) As I understand the article, They are banning P2P payment, not crypto. Right now they are drafting a taxation proposal. So they are basically saying don't use p2p to withdraw but withdraw your fiat after you convert your coin in exchange to banks so they can monitor and tax it. Tax regulation is underway.
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