Post
Topic
Board Bitcoin Discussion
Re: Does it even matter if governments and banks accept cryptocurrency?
by
wormgummy019
on 04/11/2018, 21:44:12 UTC
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.

I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.

In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.

Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.


Yes it is. Why? Because people nowadays are finding a job that can make them earn a profit that is enough to feed their families. Cryptocurrency allow people to make it as a sideline job and gives opportunities to people. Now if government didnt accept cryptocurrency then the people who can use crypto is limited only. As we know government can do everything they want. If they accept cryptocurrency , then crypto can also give benefits to that country.