Post
Topic
Board Bitcoin Discussion
Re: why do governments don't make BTC illegal worldwide ?
by
jackky
on 30/07/2018, 10:17:33 UTC
I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !

BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?


Sure, because Bitcoin transactions are anonymous and the government will not be able to levy taxes on Bitcoin transactions. Banks and government have a close relationship because the bank helps the government control transactions