Post
Topic
Board Bitcoin Discussion
Re: How big is the role of the government in the development of Bitcoin?
by
Mpamaegbu
on 10/04/2019, 10:02:18 UTC
In my opinion, the government plays a very important role in the development of Bitcoin in a country. For example, a government announces that it will accept Bitcoin in that country, so I'm sure the development of Bitcoin in that country will be very fast!
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What do you think, the Government or the community who play an important role in the development of Bitcoin?!
The community makes the government without a policy but the government makes the community with a policy. We all know that without law no community or nation or country records any progress. The government is an agency of state/country and this means that the government is more important in role playing in the advancement of Bitcoin than the community. Once a government backs a project, it becomes a major concern among the community. We saw how Bitcoin was crippled in China in 2017 because of government banning it. The community was prohibited from trading in it.