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.
The simplest and most important way that the blockchain technology and cryptocurrencies can help the global economy is because this technology offers transparency to the society.
However, as the time goes by and government and institutions do not adopt this technological advances I have started thinking that they do not want to be transparent to their people.