Post
Topic
Board Bitcoin Discussion
Re: Are we doing the right thing to convince government to legalize bitcoin
by
jose111
on 12/06/2018, 06:49:37 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.
Our government are really has a good reason why they need to banned and not legalizing Bitcoin to their country and how sad that the reasons of bitcoin being banned is because of the people that doing foolish and scamming things to others just because of money. Bitcoin will really can help our community and economy but how it can be if it's been totally banned by our government so I think the best solution to this is to convince those people that scamming and do illegal activities that stop using Bitcoin to their wrong purposes instead using it in the right and proper way and absolutely they can also gain a lot from it.