Post
Topic
Board Bitcoin Discussion
Re: if bitcoin becomes the country's currency
by
Nyenyepogi
on 19/05/2018, 17:44:42 UTC
The popularity of bitcoin has now grown so rapidly that almost everyone in different countries recognizes and utilizes bitcoin either as a business asset or as a means of payment transactions.
And as we know so far the bitcoin legality is still a consideration for governments in various countries.

Looking at that fact is it possible bitcoin will be the currency of a country?
And can bitcoin change the country's economy for the better?
For sure the government will not allow this to happen because not all the people know the existence of bitcoin and the the government know that the bank will affected also so it wont be happen and I know the government know the system of bitcoin of having decentralize form so probably this is the another problem for them how can they put tax on it, if the system became centralize maybe the government make an action to make it happen.