Post
Topic
Board Bitcoin Discussion
Re: What Can Be Done To Make Government Legalize Bitcoin
by
arc67583
on 13/09/2018, 06:09:19 UTC
Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.

I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.

Governments might accept bitcoin with restrictions in the future but I doubt that any government in the world will legalize bitcoin fully without any regulation or restriction because if they do that it will be a huge problem to track and control financial transactions locally due to its decentralized nature in the bitcoin network governments will become useless