Post
Topic
Board Economics
Re: Government Furious
by
mindrust
on 13/05/2018, 20:29:05 UTC
until now  government won't to penetrate the system o crypto if they going to legalize the btc they do it to gain something 
but its better to collect tax in a bitcoi earner than to provoke the government  and make them realized that btc is no benefits in the economic if they do they just banned it in a whole country making the btc price fall
we are lucky cause here in the philippines bitcoin and other cryptocurrencies are legal our government file a case where all of cryptocurrency are welcome in our country cause they know that it is a good opportunity for their citizens. theres a lot of benefits in a single country when they accept bitcoin.cause bitcoin can lift the whole economy. imagine bitcoin will circulating all over those country we should think about it we can raise bitcoin all over are self so government will legal it.
Not every government will agree to date on the legalization of the country's crypto currency. There have been repeated statements of officials in the mass media that the crypto-currency may be a danger to national interests. But I can not understand what this danger is.

It is the danger of the absolute truth. With blockchain tech, it is not possible to lie. Since USA abandoned gold reserve system and moved to debt/FIAT monetary system it is possible to lie. Luckily, their lies only useful for delaying the inevitable.

Corruption spread over the countries like a disease because of this monetary system. The countries which already has nothing to lose especially gonna favor this new tech.

Those who have many to lose however, especially those who have the power of printing reserve currencies, they will either try to control it and if not become successful, they'll try to destroy it. We'll see.