Post
Topic
Board Economics
Re: What would happen if Bitcoin became a legal currency?
by
redsun114
on 10/10/2017, 06:11:44 UTC
From the data I have, there are number of international locations that take into account Bitcoin an unlawful currency. Additionally, it would not make a lot big difference if a larger quantity of international locations came to declare the currency as unlawful, since Bitcoin was developed to purpose outside the house the realm of governments, financial institutions or any other centralized institutions.
If there are places that consider bitcoin illegal then at the same time, there are many countries which are leading ones in the developed world have declared bitcoin legal currency. These governments are not afraid of giving their people full freedom. Only corrupt ones are declaring bitcoin illegal because in this way they won’t lose their control over the money of public.