Post
Topic
Board Economics
Re: Government & Bitcoin
by
laracastvue
on 19/03/2018, 23:20:15 UTC
The sharing economy is just going to continue to grow, and governments will be challenged to understand and manage its implications while embracing its benefits. However, governments will be at a significant disadvantage if they wait too long and newer technologies and markets will have already been developed that do not follow traditional models. Think of the following: Uber is the world’s largest taxi service and owns no cars. Airbnb provides lodging yet does not own real estate.

How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.

Governments of the countries has different perspective about cryptocurrency and some of them does not like bitcoins to circulate on their area because of their own reasons, most of them are  corrupted because cryptocurrency is helping different peoples life to earn money for financing their needs.