Post
Topic
Board Bitcoin Discussion
Re: That's why I really like bitcoin :)
by
Xeon
on 12/10/2022, 08:20:11 UTC
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.
The third party just doesn't want to make any official recognition of the benefits of Bitcoin. They personally continue to set aside money to invest in Bitcoin because they know that Bitcoin can be a valuable asset in the future.

In line with your assumptions. None of their institutions are clean from corruption. Because the Bitcoin system is very transparent, those who still put their personal interests first will still reject the Bitcoin transparency system.
As supporters who will always support Bitcoin, we better forget about the third party because it can waste energy.
Corruption is the key word here because governments are all corrupt, not just one or two, all of them which means if bitcoin becomes more public information and used by everyone, becomes legal tender or something, then it's going to be very hard to be corrupt and spend everyone's money on a useless thing, and that will result with them being terrible in the long run.

I am not saying that it's going to be impossible, even with that there would be some people who will support corrupt people just because they are thinking the same way on some political ideas, but it will become harder to find voters if your corruption is out in the open.