The digital currency Bitcoin has been making headlines this week after a huge increase in value, but ministers are to introduce tighter regulations on the virtual currency over concerns it is being used to launder money and dodge tax.
Daily Politics reporter Emma Vardy looks at how some MPs believe the government should help bring digital currencies into the mainstream, and say it could have advantages for public services.
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Money laundering fears for virtual currency Bitcoin – BBC News
omg people using a decentralized currency
probably paying for murders with it!!!11!1
plz protect us bbc
odna lmao ?????
I slipped on some ice this morning. Bloody Russians always ruining my day.
Maybe free world bye bye government lol
They can’t stop it.
They always use the same excuses like fraud or terrorism etc where 99.9% of people use it for normal use.
Legends Official Page I bet governments could stop it and 99.9% of people are just speculators trying to make money „fiat currency“ from it.
$16 transaction fee now. „lower transaction fees“ hahahaha
Why bankers and goverments trying to control this? Because bitcoins move OUTSIDE their dirty hands!
As far as I know, dollars is much more used to crimes than Bitcoin. Lol.
We have to take control of this currency designed specifically to evade the control of governments and central banks. It’s for your own safety, citizen.
AugustusPugin And the docile subservient sheeple will obey, they are too stupid to do otherwise
I thought the whole point of Bitcoin is that it isn’t controlled by the government….
Being your own bank is exactly the point!
The financial elite are scared of bitcoin.
>Regulating Bitcoin. The whole point of it, is that its unregulated.
Bitcoin transaction fees are no longer low. They are on the order of $10 per transaction some days. It makes no sense to use bitcoin for retail transactions for a whole variety of reasons (the time it takes to confirm a transaction, the uncertainty of when a transaction will be incorporated in a mined block on the blockchain etc). Most people have no clue about what they are talking about.
slovokia This is why are altcoins are surging
World Gaming Series How many of the altcoins have the same limitations and problems that bitcoin does? Are any of them actually used for anything meaningful? (besides speculation). Nothing wrong with technology as long as it is actually useful. Credit cards are practical and useful. So are dollar bills.
slovokia when I don’t see x amount of bs tax added to my purchase it’s good enough for me.
C.A Franc How long can a company or store stay in business if it does not collect sales tax or VAT on cryptocurrency transactions compared to fiat? My guess is not very long.
slovokia https://getcryptotab.com/125480
Great Free BITCOIN mining
This title and everything else is propaganda, please give non biased information for once BBC.
The mainstream slander has begun
Decentralization is the future governments are rigged and banks are stealing from you blockchain and cryptos are the future!!!
World Gaming Series if u want to mine BTC or Etherium join me on whtsapp +923157170940
The banks are scared that they will lose their control with the economy. The banks wouldn’t be able to manipulate the economy for their own good any more and that would be a good thing.
There will be no money except, Chinese money. So go it.
Snufkin224 believe me each bank will start there own crypto in the future.
Seems like anti terrorism legislation is used as an excuse to control everything these days.
Money laundering fears = excuse to be a dictator
HOW OLD IS THIS VIDEO!
Bitcoin has HUGE transaction fees now
there are other cryptocurrencies with 0 transaction fees (IOTA) but they aren’t as widely used yet