Quote from: bittraffic on Today at 07:56:16 AM

Quote from: VictorProsh on June 05, 2022, 09:54:47 AM

What do you think? Is it necessary or possible to control a decentralized cryptocurrency or not.

Its not about control being necessary. The government has fiat and the people has Bitcoin. I think the government doesn't need to really control the decentralized currencies. We can go on forever while there is Fiat system and there is also cryptocurrencies. The government can actually have their own stablecoin, whether itsCBDC or like any crypto stablecoin which I think people will not mind.

I think the government will thrive more in the finance aspect when they allow the decentralised finance to function on it own and not to try caging people onto their CBDC by all effort. The world is now developed and people are looking of freedom as in enshrined in different constitution including in the financial aspect. Having digital currency is what many countries are doing to discourage the users of bitcoin.