Netherlands: government considering ban on Bitcoin

The Dutch government is considering a ban on Bitcoin and other cryptocurrencies. Minister Of Finance Wopke Hoekstra is having the possibilities of a ban researched, but has stated that at the moment he thinks a ban would be “desirable”.

Hoekstra has been warning people about the dangers of investing in cryptocurrency for a while, along with the Dutch National Bank and the Financial Markets Authority in The Netherlands. The Dutch Press Agency rather ominously states that the Minister has “noticed that the number of people in The Netherlands who invest in cryptocurrency has nevertheless not drastically decreased.”

In other words: they want to tell us how to invest our money, and when we don’t listen, they want to ban the thing we choose to invest in.

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