Re: What will happen if Bitcoin gets official permission from the government...???
Bitcoin is an independent Cryptocurrency that no other third party takes advantage of transactions from two sides. This is a peer to peer transaction conducted by sellers and buyers only. Cryptocurrency transactions do not need to be identified or verified by the recipient of the funds when the funds are sent, that is what makes many people choose to use bitcoin.
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
What is your opinion.?
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
What is your opinion.?
That's impossible to happen dude. First reason was Bitcoin is decentralize while the government of each nation was centralize, But the government can adapt the system it has(which is Bitcoin). And that's what other country's did like what happened I think in Japan, Korea, declared bitcoin as their secondary currency to their nations, this was just base on my understanding.