Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin can not become a global currency
by
AjithBtc
on 28/11/2019, 20:49:56 UTC
~snip~

All the time there will be multiple ways to blame Bitcoin for money laundering, crimes, many bad things, but we must start that all crimes against humanity have been planned and managed with FIAT money.

We haven't blame Bitcoin for these evil doings cause it has been existed before then. Anyway, we can't deny that they are prefered to use crypto over fiat because of fast and easy transfer, and the being in anonymous.

Back then,
There are a lot of reasons why Bitcoin can't be easy becoming a global currency one is that, REGULATION. People could feel they will be secured when they are protected by the government. Regardless of its volatility, business owners need assurance as well cause they are afraid any time of the day they will lose their money.
Most important is the regulations, even after years of its service all around in different sectors there is misunderstanding among the people that bitcoin and other cryptocurrencies were meant for gambling and other illegal activities. This perspective needs to change, and to experience such a change it takes time. In some means it is perfectly a global currency, because it is the one that can be converted to any of the fiat form as required.