Post
Topic
Board Altcoin Discussion
Re: Why Government does not like crypto?
by
MrThang
on 21/09/2018, 10:01:18 UTC
Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?


Legally decentralized things are not allowed to use in this world so far that is how it drafitically mentioned but fact the people who have control money and controlling the world economy not allowing bitcoin to take charge.
If Bitcoin is allowed to use everywhere then the whole world will use everything free and easily.
None of the government and corporates want that. If this kind of mindset left then you can see.

What happens when governments get into cryptocurrency?
Governments have very different priorities, and decentralization — a main feature of most cryptocurrenices including bitcoin — doesn't tend to be one of them. In fact, government digital currencies could herald a new era of centralization, posing serious questions about privacy and the viability of true cryptocurrencies like bitcoin.