Post
Topic
Board Altcoin Discussion
Re: Governments cannot control Bitcoin
by
chikator
on 22/08/2020, 08:07:52 UTC
The governments can't control Bitcoin because it is decentralized. It wasn't made in favour of a centralized system where one person or authority can have full power and control over its transaction. The farthest the governments can go is to impose regulations on Bitcoin transactions especially on the exchange sites.

Thats one of the advantages of bitcoin. Bitcoin after all became popular to create untraceable transactions. It was used frequently in the dark web to create transactions that the government wont be able to track.