Post
Topic
Board Economics
Re: Why Cryptocurrency threatens governments
by
MonaLeeTracy
on 11/05/2019, 21:46:41 UTC

Fiat currency its a currency that a government has a control while crypto can not be manipulate and can not be created out of thin air.  If people adopt a crypto currency then the fiat currency price will plummet. Its one of the reason why government impose a stricter rules in cryptocurrency.
the government and crypto currencies currently in my country are still prohibited in direct transactions and may threaten me not if the development of crypto currencies can be regulated and go hand in hand with the government itself