Saturday, July 26, 2014

Lame European Union experts think that mining is the same as using cryptocurrency!

 I've found out that European Union produced around 70 risks which their experts are using to identify the problems with Bitcoin. And every ignorant person uses this list as a quote that they conducted research against Bitcoin, while it is not against Bitcoin, because it is mostly against all cryptocurrencies (i.e. forks). And because 90% of their writings herehttp://www.eba.europa.eu/documents/10180/657547/EBA-Op-2014-08+Opinion+on+Virtual+Currencies.pdf is not applied to Bitcoin (applied only to cryptocurrencies in general).
Also one of the risk tells that the problem is that user must sacrifice its computer resources for mining to use the currency. Shame for EU.
Also I've found out that Russia has no such laws which is banning Bitcoin


Also read:
http://www.earlfox.com/2013/09/how-bitcoins-revolutionize-worlds.html

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