The government in most countries have decided to ban Bitcoin and cryptocurrency as a whole. I begin to wonder why the government for these countries have taken such an initiative. Any idea on the benefits bitcoin offers to the economy? Help me convince my government to accept Bitcoin.
I Guess they were afraid that people would just use only the Bitcoin in all their transaction and disregard their own money. Like here in the Philippines yes it is not banned but its hard exchanging crypto currencies to our local one why because not all establishments are well aware of the new settings.