Post
Topic
Board Economics
Re: Bitcoin - Can it boost or break a countries economy?
by
joromz1226
on 27/09/2019, 06:16:43 UTC
Most countries are in full control of their own monetary policies and financial systems. If a alternative currency is introduced, would this improve or reduce the efficiency of a country?

Will this remove their control or would it be just another payment option, like PayPal?

Why are governments so scared of Bitcoin, if they can regulate it's use. The first defensive tool seem to be banning the technology, which in my opinion should be the last resort. Should they not analyse the threat based on proper research and public participation. < like they did in Canada > and then make harsh decisions like this?

Why are they ignoring the advantages that this technology might bring and implement extreme precautions as a primary action?

Is Bitcoin really such a big threat to them or are they just misinformed on purpose? < influenced externally by people with hidden agendas >

Let's discuss this please.

Perhaps, there are other countries government so scared of bitcoin. Because they don't see the good side of it, but here in my country approved more than 48 exchange that bitcoin accepted and some crypto too. In this way I saw that our government here won't approve it if they know that it can't help to our economy, but why they approved it, therefore they knew it can give a good result in the economy of the government
we had it now.