Post
Topic
Board Altcoin Discussion
Re: Confidence in Cryptocurrency
by
Ini35
on 06/04/2019, 09:44:23 UTC
it will be good if the cryptocurrency will be accepted by the government and then confidence in these tools will appear from investors
One of the reasons government is finding it difficult to accept and legalize cryptocurrency, is because of its anonymous nature.
They are afraid taxes would be easily evaded. It might enhance more crime, such as money laundering, drug trafficking and the likes. These are some of their fears, but with time I believe they will approve it.