Nothing stopping you from using a P2P exchange to turn that Euro into hard cash if you don't want to go through the KYC/AML. In fact that's exactly how I bought my BTC after the government here banned it.
I mean on a larger scale. The great promise of crypto, A billion plus “unbanked” people turning to a crypto enabled shadow banking system, will not happen without drawing the attention of the eye of sauron
>> Shouldn't the fact that central bankers want to ban crypto make you think that maybe there's something here more than ponzis and scams?
Note that I do not support Gov banning crypto.
I see two things:
1. That there's a legitimate threat to their power and existence which they would do anything to mitigate.
2. Also, it could be that majority of their population are being exposed to unhealthy risk.
Take the case of Nigeria for example. MMM a ponzi scheme rocked the country in early 2017. People lost a total estimate of about 18 billion Naira (or $60m as of March 2017)
