Post
Topic
Board Bitcoin Discussion
Re: Why Goverment is not recommending to use digital currency such a bitcoin?
by
keanne_isaac
on 22/05/2018, 01:43:39 UTC
Yesterday I red article regarding digital currency. The article aim to discourage us in using digital currency as these currency is not recognize by our country monetary institution. What do you think is the reason why  other governments are discouraging its citizen to use digital currency? Any thoughts.....
Exactly because crypto currency is not recognized by any government as legal currency it only  creates value because people who use and patronized it agreed through crypto trading. there is no official acceptance for any government this can be used as currency and with its volatility in price government are discouraging people to use it.