Another country have just banned cryptocurrencies

After many Asian countries had introduced tougher regulation with regard to all use of cryptocurrencies, last week the Turkish Central Bank banned payments in Bitcoin, Ethereum, Tether, etc. According to the Central Bank, cryptocurrencies aren't subject to any central regulatory authority, and their market value can be excessively volatile.

In addition to this, Bitcoin and other cryptocurrencies may be used in illegal transactions due to their anonymous structures. I was astonished to hear that the Turkish Central Bank also said that wallets can be stolen or used without the authorization of their holders. The regulation outlaws the use of  cryptocurrencies to pay for goods and services. Meanwhile, Bitcoin and Ethereum plunged to their lowest level in nearly two months. 

When we own cryptocurrencies we don't have anything in terms of dividends or profit. Cryptocurrency's value only increases when more people participate, and when fewer people participate the value decreases. This is a structure that creates a great deal of risk.