Post
Topic
Board Bitcoin Discussion
Re: Don't you think government are playing with us as always?
by
Xester
on 23/04/2018, 10:33:16 UTC
We saw so many news that bitcoin ban this country those country did we think why? if we see government ban bit coin and then they plan to open their own crypto currencies .
how you see government are doing this and what are the reason i believe government are kind of scared of bitcoin to take over them they can not control our money.what would be your thought behind banning bitcoin? and after math?

The governments are not afraid of bitcoin but the banks are. The reason why some countries are banning bitcoin is because of the illicit activities being done using bitcoin such as Money Laundering, ponzi schemes, drug trafficking and many more. The countries who banned bitcoin does not fear bitcoin but rather they want to protect their economy and their populace from those illicit activities.