Post
Topic
Board Bitcoin Discussion
Re: Are we doing the right thing to convince government to legalize bitcoin
by
THATBTC
on 12/06/2018, 06:07:54 UTC
One of the reasons governments point out for not legalizing bitcoin is the fact that is prone to scam and not regulated. The  government will want to protect his citizens from anything not regulated and anything that's likely to be defraud from. You will agree with me that that's alot of scam activities going on with bitcoin, there alot of news going on with bitcoin scams everyday which the authorities are always aware of.
All these continue to happens, the government will still have reasons why they will not approve and legalize bitcoin. As they will always talk about the disadvantages aspect of cryptocurrency and neglect the greater benefits cryptocurrency brings.

I'm not sure the government will make the bitcoin legal. they do not want their people to use the currency they do not use in accordance with the law made by the government. if the government approves the use of bitcoin it can be used by the community. how the fate of the government currency they make legitimate?
for bitcoin users if you feel someone is going to commit fraud. must be careful in using bitcoin currency.
all there will be fraud perpetrated by the people out there. the government's original money is also they commit fraud. and it depends on you how to use it and always be careful in making transactions
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eventually they will