Post
Topic
Board Bitcoin Discussion
Re: How to make governments accept bitcoin?
by
Wesimon
on 25/04/2017, 18:35:21 UTC
I think government need to study more about bitcoin and how it works. Because bitcoin its not easy to use an entire city that that they not study about it. And maybe they not adop bitcoin because some people are not use technology and they don't know how to use modern technology.

Yeah, governments needs to integrate Bitcoin and Fiat in such a way to use it together. It should be in a way that both fiat and digital currency work side by side with no loss in government revenue.

I'm not sure that the government is ready to take bitcoin. This is especially true for poor countries. The economy of poor countries is not ready to accept bitcoin. In such countries, bitcoin will kill the economy
No, it depends entirely on which they use to manage bitcoin. Bitcoin really has potential, so poor countries can take advantage of it to develop

How would they even manage bitcoin in their country. I cannot think of a way so please, enlighten us.

I would not disagree that it depends on some factors whether the poor countries will benefit from bitcoin or not. However, it would be so risky for them to engage on this trend (using bitcoin). We know that the welfare of the citizens is the main concern of every government so they did not even bother to take that risk.