Post
Topic
Board Economics
Re: government and crypto collide
by
keycellko
on 31/03/2018, 06:58:02 UTC
What is the possibility effect of this in both side
Are this  a good thing to happened
https://www.bloomberg.com/news/articles/2018-02-12/why-governments-might-join-the-cryptocurrency-craze-quicktake

Reading on that article, it seems a lot of countries are eyeing on making their own currrency controlled by their government. Thus basically defeats the purpose of bitcoin or blockchain as a whole. The attempt of bitcoin is to make a currency accepted by the whole world in order to avoid fees in converting from one currency to another. Bitcoin is supposedly the global currency. But these countries wanted different things henceforth they make their own cryptocurrency.