Post
Topic
Board Bitcoin Discussion
Re: Are we doing the right thing to convince government to legalize bitcoin
by
yvuj101
on 13/06/2018, 11:01:55 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.
First of all I don't agree that governments want to save us from crypto currency scams,all they want to save themselves from economical crisis,of the crypto currency got more developed and used by everyone then the revenue of the government will decrease so they want to control the crypto currency and looking to earn more from high taxes.

Doing to convince government is just like we are fallen and ask a help from them looks like we made and agreement dealing with 50/50 interest.