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RE: LeoThread 2023-05-31 00:14

in LeoFinance2 years ago

The Governor of Bali recently said that tourists who use crypto as a means of payment will be dealt with firmly, including deportation & fines.

Well I always wanted to visit Bali, but I think I'll scratch it off my list now...

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Ohh no, why suddenly was such a bad rule imposed in there? crypto is very good to use as a currency when you are in a foreign country. this is indeed a bad move for an international tourist place.

That sounds dumb. As long as it generates economic activity and taxes, why does he care?

He's probably worried that one day cryptocurrencies will takeover Indonesia's national currency...

I think it's pointless. It's better for him to provide value to his own fiat over doing something like that.

huh, how is that a crime to do

beats me 🤷‍♂️