The government in most countries have decided to ban Bitcoin and cryptocurrency as a whole. I begin to wonder why the government for these countries have taken such an initiative. Any idea on the benefits bitcoin offers to the economy? Help me convince my government to accept Bitcoin.
indeed there are still many governments that ban bitcoin by a variety of reasons, the most common reason being to prevent money laundering and the second to protect the value of the country's currency. but it turns out that everything is not right, the fear of money laundering is the wrong thinking with decentralized bitcoin the movement of money can be monitored very easily because each of us bitcoin owners can trace the movement of money from the beginning, about the fall of the currency of the country of origin if Bitcoin is recognized, this is also wrong bitcoin is only an alternative currency so its function is not possible to replace the original currency of the country because each has a different user ..