Post
Topic
Board Bitcoin Discussion
Re: Will the government accept it?
by
btc78
on 29/11/2020, 05:12:41 UTC


  If my idea proves to be correct, will the government of the country accept it?
 1. Will the government of a country ever want their banking sector to be abolished?
 2.  How will the government collect taxes from the people?
 3.  If the government can't keep track of people's legitimate money, won't corruption increase?

Abolishing Banks are not necessary because Just like US who wants to use crypto actively and There are People that Will Never transfer to crypto  as those are what Fits them The Fiat.

Whenever a government makes any form of decision associated with its citizens, it needs to take into consideration different circumstances. Upon the same, governments should have alternate plans ready. Governments find new techniques to benefit directly to the user, but the reality got exposed recently on a government scheme in my country.
depend  in which country you live Because if you are living in mine?for sure You will Not Be asked about the Policy because The Politics is really Noisy and throwing words from politician to another politicians,Thats why How would they associated when it will only Make issue in social media and community.
Governments never let banks get abolished, because through them a large revenue is made. Governments most of the time create policies that benefits the corporate networks. Corruption increases when the need of people weren't fulfilled by the government.
And Banks will Still Be in need and won't leave till time comes that we are fully adopted and crypto can be use all over that world.