Post
Topic
Board Economics
Re: Government & Bitcoin
by
Good tbc
on 22/12/2017, 06:21:35 UTC
If Government and Bitcoin will combined economy will increase. If government support and protect bitcoin then banks will accepting bitcoin. And bitcoin is going to education too.

But if all that happen I didn't know if economy will increase. Who will work to government if bitcoin has higher value than country money. Maybe government will against bitcoin someday.
Yes I'll also agree with that, bitcoin is a decentralised currency but the currency circulated by the governament is a centralised money, so there is a considerable difference between both the currencies. If Government and the bitcoin ties up then the economy undoubtedly increases.

I know that for government to want to combined with Bitcoin for economy to continue to increase, it will be that Government will want to dominate or want to be at the helms of power in order to dictate and regulate as well as to determine the activities in Bitcoin, which may not be possible and that is why some countries Government is not yet accepting Bitcoin. Bitcoin is a digital, decentralised currency which is not in the control of any government and the Government  circulate a centralised money, the possibility of Government and Bitcoin coming together will be a serious thing to be considered for this to be possible because of a lot of factors.