Post
Topic
Board Economics
Re: Government & Bitcoin
by
blackmachinegun
on 02/04/2016, 09:52:52 UTC
Make bitcoin not being legalized at some countries just will opend the black market with people making fortunes into bitcoin ,the same way as happens at dollars at Argentina the goverment tryed to control but the outside market reacted on the same moment.

Argentina does not represent the typical government, but yes, it does show that a government's efforts at limiting bitcoin will fail.

Banning bitcoin will just really result in fail as the government cant really track their citizens constantly and people wont even allow that they are being tracked.
I think it's only natural if the government did that certainly the government will protect their citizens and their currency of bitcoin. because bitcoin has the potential to become a popular currency and replace their currency
so it is natural that the government banned the use of bitcoin in the country