Post
Topic
Board Bitcoin Discussion
Re: Bitcoin could destroy economy
by
electronicash
on 25/04/2021, 06:39:37 UTC
* the use of bitcoin to travel spending outside in the country is more like selling your country asset and that could destroy the economy of that certain country.

We earned and bought our BTC through the money we earn from our regular job and savings, which is not the country's assets. Whichever government has considered the BTC to be the country's assets will have the right to really confiscate our BTC from us. That's the most terrifying situation much like confiscating GOLD back in the 1930s. That's not going to happen these days. The government should just invest in mining devices just as the Chinese are doing.