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 way of thinking why other governments are discouraging its citizen to use digital currency is yhey are afraid physical money will replace by a digital currency, for sure they also thought about the scammers of bitcoin and many investors will be victim in this blockchain. And also they though about the negative effect of it in the economy of the country. And the government also can not control bitcoin so that they discourage theirpeople to use it.
I am hoping that their has a government who are encouraging their people to used crypto currency in their country as one of their mode of payment.