Post
Topic
Board Economics
Re: why bitcoin is banned by the government
by
brainryan
on 17/04/2018, 11:30:23 UTC
is not that bitcoin able to change the state of its users which effects also on the state of the country's economy, why even banned hemzzz Grin Huh
Well, I think the specialty of bitcoin is decentralization. This feature conflicts with government and banking organizations on how to operate and manage. In addition, the characteristics of peer-to-peer transactions, which are not through organizations or management tools, bring about world-wide risks and security and political issues. Bitcoin can be abused by corporations or corporations for the purpose of tax evasion and crime.