Post
Topic
Board Bitcoin Discussion
Re: Digital money or virtual currency?
by
SirTradeX
on 16/04/2018, 06:00:22 UTC
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?

Of course they see it gambling. It's pretty easy. They don't understand it and it is bothering them because of their current economic banking system. If more and more people take money out of their respective banks and put their money into cryptos they will loose a lot of control over our money. Our country does not yet have any regulations on cryptos, however it's said to be a work in progress so time will tell.

BR.