Post
Topic
Board Bitcoin Discussion
Re: Why Goverment is not recommending to use digital currency such a bitcoin?
by
Doge dealer
on 18/05/2018, 22:55:00 UTC
Governments will always have an issue with anything that has to do with money that it cannot control or regulate. A part of the reason though is that digital money can and will have implications when it comes on to fiscal planning and forecasting as it cannot at this point be predicted what the price of a coin will be with any amount of certainty .digital money because its not regulated can also have implications on the public purse as it could result in the re routing of funds from institutions that would pay taxes to the government and as such the revenue stream from these sources would be less.There are a myriad of reasons but this is the most troubling of them all.