Post
Topic
Board Economics
Re: why bitcoin is banned by the government
by
Naughty Princess
on 16/04/2018, 14:16:14 UTC
The reason is simple. Many governments are not  aimed at improving the welfare of their citizens and therefore prohibit bitcoin. Or they are afraid for their national currencies, that they can not withstand competition with bitcoin.
Sometimes the reason is because the people itself who use bitcoin for illegal purposes. We must not abuse the freedom that it gives us. Bitcoin is helping country for the economic growth and also for the welfare of the people. We must not do something that will give reason for the government to ban. Use bitcoin and investing in good way to earning and live comfortably.