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.....
I think because why government is not recommending to use bitcoin is because most of the cryptocurrencies are decentralized and they cannot control cryptocurrencies because it is decentralized and having a tax is not possible.