Post
Topic
Board Bitcoin Discussion
Re: Does it even matter if governments and banks accept cryptocurrency?
by
sublime5447
on 08/12/2018, 10:31:06 UTC
Yes, it does matter. Many positive effects if the government begins to accept cryptocurrencies. The first one is the increase in foreign exchange. Singapore for example, they set their tax laws apart. Lots of people will invest their money in bitcoin. I personally think it would be better for many countries to legalize cryptocurrencies. The blockchain itself is the safest system at the moment. How fast the economic growth will be when foreign investors transacting using bitcoin in a country.