Post
Topic
Board Bitcoin Discussion
Re: Why so many Bitcoin users have fear of governments?
by
Paul Pogba
on 29/05/2018, 03:55:20 UTC
Government do not support the use of bitcoin because they have no control over it and it pays no taxes to them. They give some penalty to prevent the generals using it. As a result many users are at risk and have fear of getting caught.
Besides that of course the use of bitcoin will make illegal transactions increased, this is what makes the government does not want to legalize bitcoin. other than that the government feels it can not get any benefit from bitcoin.