Post
Topic
Board Bitcoin Discussion
Re: Bitcoin could destroy economy
by
TravelMug
on 27/10/2020, 01:27:11 UTC
What's the point though? How. can bitcoin destroys economy when on the contrary it is helping people survived in harsh economic condition such as:

(1) Why are Venezuelans seeking refuge in crypto-currencies?

(2) Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile

As for the reasons why several countries ban maybe, yeah maybe they think that bitcoin is being used by criminals, however, there are also nations who think otherwise. Besides, those countries that are against bitcoin are those who don't want to lose control of their population. So there are pros/cons, but I believed pros outweigh the cons by ten fold.