Post
Topic
Board Bitcoin Discussion
Re: Why GOV is not supporting the CRYPTOCURRENCY LIKE OTHER NEW TECHNOLOGY???
by
kendra1107
on 20/04/2018, 21:52:43 UTC
I am thinking this from long time.what is the problem with this.it has lot of benefit like instant transfer any where in the world,less transaction fee,no need to exchange,ONE CURRENCY ONE WOLD.

Then I came to conclusion that this is all because of control.If gov support the cryptocurrency then he loose the control from monetary policy.it can toppel the gov,BECAUSE money is ultimate control of the politics.


this is my opinion ,Am I right or there is any other reason??
Exactly! Money is what makes this world revolve. Cryptocurrency involves a huge huge amount of money and is still growing. Since it is decentralized, the government is generally against it coz they have total control over it. And they hate it when they can't control something that involves money. Greedy bunch of folks!