Quote from: dzonikg28 on December 02, 2021, 12:35:46 PM

Quote from: im posible on December 02, 2021, 09:46:36 AM

Quote from: Pokapoka124 on July 21, 2021, 09:55:44 AM

Government resent bitcoin because they can't control it like they did in 1971. Very soon, it will be illegal to own bitcoin in some countries, not because bitcoin is bad, but because bitcoin gives you the power to own your money.

So far, I think many countries have not legalized and even banned bitcoin because bitcoin does not yet have the capacity and quality needed to be recognized as a currency. But after reading this I started to realize, bitcoin is able to create economic independence for individuals/societies which bureaucratic makers are so afraid of that's why many ways are used to stem the popularity of bitcoin and other cryptocurrencies.
At the same time, it makes me regret why I didn't really learn and understand bitcoin long ago.

Still this is a very complex game theory problem even for governments. One government banning Bitcoin might create unprecedented opportunities for other countries. China banning Bitcoin makes sense if you consider their way of governing the people and their whole economic and social system. But will Bitcoin ever be banned by the majority of countries all around the globe? And even if that was the case, cryptocurrency related businesses (mining operations, exchanges etc) will find their place elsewhere. I don't see any chance for cryptocurrencies being banned all around the world. Even think about the administrative effort it would cost a government to really shut down all economic activity involving cryptocurrencies. Besides that, I think we can be pretty certain that there is a good number of countries already that signaled quite obvious there won't be a ban on cryptocurrencies. They might come up with new regulations, but an outright ban can also be very risky in the long run.

Yes, that's right, currently most countries choose to be gray/indecisive in dealing with the popularity of bitcoin. Some countries only provide propaganda through their mass media to prevent people from knowing bitcoin from the positive side without actually daring to provide clear regulations regarding the use and circulation of bitcoin. That's right, the government may also think that one day bitcoin will be needed because it can't be denied that bitcoin is a technological development as it is today
In the past, people bought goods by bartering and then developing using physical money.