Post
Topic
Board Altcoin Discussion
Re: Why Cryptocurrency is not Legalized Despite the Many Benefits
by
int03h
on 08/09/2021, 11:40:49 UTC
Government needs centralization for economic, political and social control. Money is what flows through and nourishes a regime. So currency control is the premise and prerequisite of a country. Bitcoin is a decentralized currency so it does not match the views of the rulers of the countries. So far only El Salvador is using Bitcoin because they don't have their own currency (using the dollar). El Salvador will be a test for countries to consider using Bitcoin.