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.....
Governments were discouraging us not to used digital currency because of the main reason they can't control it,paying taxes in every transactions was one of the main income in a country that is why governments hates and fears bitcoin because of decentralization concept which most users and investors benefited from it but the governments cannot benefit.
For users we consider this as the answer to our hunger to minimize the percentage of paying taxes because some government officials used our taxes in corruption and illegal activities,we keep on paying and we can see that their people still lives in hunger and poverty.