Post
Topic
Board Economics
Re: Government regulation on cryptocurrency, GOOD or BAD?
by
South Park
on 18/08/2018, 18:14:53 UTC
Government rules and regulations are good on one side and bad on the other hand. Because the rules of government rules you must maintain everything according to your rules. The bad aspect is that you will not have the freedom. Regardless of will, you have to maintain the monotony rules.
A big problem for governments is that they can only pressure centralized institutions like exchanges but if you just exchange your bitcoin directly for products and services then they are not going to have a way to control your behavior since they do not have any control over the network, this is what it is driving them crazy since they are so used to everyone bending over so they can follow their rules and they are finding that is not working with bitcoin.