Post
Topic
Board Bitcoin Discussion
Re: Why government announce bitcoin is illegal?
by
Chijamz
on 21/09/2018, 21:29:36 UTC
According to the government bitcoin illigal. Government could not put tax on bitcoin. So bitcoin is the illigal blay government. And bitcoin has no right to government. bitcoin has run its own rule unexpectedly.

not just about taxation. bitcoin will cause a total revolution in the way finance is handled, including inflation, GDP, National Budgeting and Economic growth, the truth still remains that governments do not understand how these works and as human nature goes, they decide to call of what they do not understand as illegal.

bitcoin is decentralized, it has no central authorities, and as we all know it, governments always wants to be the central authority of everything within their jurisdiction.