Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: That's why I really like bitcoin :)
by
Maidak
on 05/10/2022, 14:52:14 UTC
⭐ Merited by JayJuanGee (1)
It’s decentralized, no need for any 3rd party to babysit your sale and take a piece of it. In developing nations, this technology is enabling more practical operations that will enable translucency and combat corruption in governments.

Then why is it so difficult for governments to accept Bitcoin or other cryptocurrencies as currency. I believe, most of the current use of Bitcoin is private parties, while government agencies are more controversial and even reject Bitcoin.
If Bitcoin is good, why don't they use it? Of course this is a question that arises in our minds.
We know that most state institutions around the world are not clean from corruption. So they reject the transparency system that can interfere with their actions, namely corruption. They don't reject Bitcoin, but they reject the transparency system that exists in Bitcoin. My assumption is so, although the assumption is too much.

Bitcoin like everything else in the world, cannot please everyone. The government saying bitcoin is not good does not mean not good, not good for them but it has a lot of benefits for us, maybe it's not good for you but for me it would be great. The transparent system is what makes bitcoin different from the fiat they created, decentralized, transparent is the core of bitcoin, so they can't accept it. If they accept bitcoin, they won't be able to hide the crime they are committing behind the backs of citizens who trust them.