at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
In the development of bitcoin in every countries world wide i think it can not disrupt to the economic stability of a country in accessing cryptocurrency because in the first place bitcoin is made only to decentralized currency which is to eliminate third party involvement between the government and the state.
But that seldom happens and governments have rather banned the technology for its people to be used due to many reasons. One of them is that the government acts like a father to the masses and consider it a duty to prevent people from any thing wrong that could affect their lives adversely.
Since people can loose money in Bitcoin, this is one reason government has banned it in third world countries. Also to reduce the level of crime, the toll is used.