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.....
In my own opinion, governments is not recommending to use digital currency because in digital currency there is not tax to be payed so they don't receive money from digital currency. Another thing is cryptocurrency is allowed in any country so I think it is the another reason why they don't recommend digital currency.