Post
Topic
Board Bitcoin Discussion
Re: Government Attitudes in Latin America
by
Kyraishi
on 20/10/2019, 21:05:39 UTC
Latin America seems like ground zero for adoption but some governments are starting to take a hostile attitude towards private issuance of money. This article touches on some of it https://medium.com/altcoin-magazine/dows-panel-explores-different-perspectives-on-blockchain-and-cryptocurrencies-5475ce187312
I don't think their views are the same your imaging they are, they don't have the views that are basically let anything blockchain go. It's fairly apparent that they don't really support the views of other stablecoins like Libra.

Look at Venezuela as an example. They are definitely not going to let their people always use Bitcoin and other crypto-currencies as a solution for their economy problems. It's more a bandaid fix.

The world's going to come to a state where the big players will own their own stablecoins. I've always had a vision of all the countries working together and making a stablecoin for all the countries in the world but I guess that'll never happen.