Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is reconstructing the current law system of human society
by
Saidasun
on 18/07/2021, 21:15:57 UTC
It turns clearer and clearer that there’s already no single strength has the ability to control or eliminate Bitcoin in that Bitcoin has grown to be an important component of human civilization. With underlying technology and mathematical algorithm, Bitcoin proves to be a just and decentralized currency. Every time human society attempts to ban Bitcoin, it comes back with fiercer strength. At last, what changed is human society and government, not Bitcoin. Human governments cannot prohibit Bitcoin, they adjust to it by making laws.
I am not sure I agree with this instead I would say that there is no real benefit or incentive for anyone to want to destroy Bitcoin. The governments could probably make it very hard for its citizens to invest in Bitcoin and use it which would effect the adoption rate but they do not have any incentive to do it and it creates additional revenue for them because they tax it.