Post
Topic
Board Bitcoin Discussion
Re: Do you think Bitcoin can ruin a Country?
by
Rooster101
on 01/11/2018, 08:38:52 UTC
Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?

What do you think?

Bitcoin is created as an alternative online payment and it is not seek to destroy any economy or a country. But since it a highly volatile currency, it may affect any country financially if the bitcoin becomes part of their national economy. Bitcoin is decentralized virtual currency and nobody can control it even a strict regulation. The top cryptocurrency can be legalized and become just one of the alternative currencies available in the market.