Post
Topic
Board Economics
Re: When the government forbids cryptocurrency
by
Kurevazeyo
on 03/12/2018, 04:12:33 UTC
When the government forbids the crypto currency in the country,  then the holders of coins in that country are not comfortable to use bitcoin especially to establishment and other industries because aside from investments of bitcoin this currency is used for payments and any transactions that involve currency.
In my country, cryptocurrency is prohibited from being used as a payment instrument but is not prohibited as an investment. So still being able to use cryptocurrency is just not convenient, and is not free to use bitcoin. Because of these conditions, the number of bitcoin users in my country has decreased. Frankly I am jealous of bitcoin users living in developed countries, because they can innovate with bitcoin and become successful.