Post
Topic
Board Bitcoin Discussion
Re: India taking measures to control crypto
by
Osarman
on 06/03/2018, 11:06:30 UTC
In the whole world all the Governments wants to control the Crpto currency. But peer to peer blockchain technology is a decentralized and transactions can not be traced so crypto currency can not be controlled.
I disagree with your statement. Governments in the whole world don’t want to control the crypto currencies, they just want crypto currencies to be regulated so that any illegal activities or terrorists groups receiving funding from these cryptos can be stopped and also so that people may pay their taxes fairly and not hide in some exchanges or wallet.

Paying of taxes is necessary in any country to carry out developments and maintain the existing structures and government will take all measures to ensure that taxes are being paid and illegal activities and being put to an end.