Post
Topic
Board Bitcoin Discussion
Re: Why government do not want bitcoin to be legal?
by
aoluain
on 29/12/2018, 22:03:49 UTC
Roll Eyes Why governments in most of the countries do not wish bitcoin to be legal?
 Roll Eyes If bitcoin approve as legal in every country will there be any impact for users?

The answer to both of the questions is the same - decentralisation.

I cannot see how any government would want to openly and directly
approve of bitcoin and further make it legal if they cannot fully
control it like they can with FIAT.

Bitcoin is decentralised, mining takes place globally, development
takes place globally, transactions and movement is global with
no borders and no checks. Governments cannot control that.