SilverGoldHunter here are again for the like 3 times today.

I want to discuss to you about what is happening in Morocco

According to reports from March 22nd which it was yesterday, The Government had placed a blanket ban on the mighty Bitcoin and many other cryptocurrencies like it has done to Nigeria.

Is this bad news for the fans of Bitcoin?

Well clearly NOT

Because a report back in 2019 by the world bank that only a margin of 29% of adults have bank accounts with civil servants as they make up that number. Even though that the Government of Morocco have banned it all in state in which they quote

Crypto transactions are illegal and anyone found using them in the region would be punished severely.

But the citizens of Morocco are still in love with Cryptocurrency's Privacy features and even for their daily transactions and also people would thanks cryptocurrencies for there financial freedom and privacy they offer whidh it is compared to traditional banks.

With the statement from Insaf Nori, Decred’s Middle East community manager stated this in quote

“Some traders just want to make quick profits from cryptocurrencies, while some others want financial freedom because they don’t have bank accounts.”

** WHAT EFFECTS DOES THIS HAVE ON THE CRYPRO MARKET?**

Marketcap may have dropped slightly but however crypto market value is up by a quarter which is a result.

I will leave you a link at the bottom of this blog for you to read more in depth

What do you like about cryptocurrencies feature's?

Leave a comment down below

SilverGoldHunter (SGH)

ADIOS

http://btcmanager.com/moroccans-buying-bitcoin-governments-crypto-ban/

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