Post
Topic
Board Bitcoin Discussion
Re: Why did the government want to kill Bitcoin?
by
wireless1889
on 23/07/2018, 08:17:00 UTC
as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.

Thank You.

Government merely focusing on the negative effects of bitcoin, which is not goo. If they are afraid of that things to happened they indeed needed to regulate it but not control everything in bitcoin. Bitcoin is a system that no one can take control of, it depends on its users and users believe in bitcoin that is why bitcoin continuously improves itself at the same time continue to give users its benifit.