Post
Topic
Board Bitcoin Discussion
Topic OP
Why are some government scared of Bitcoin?
by
Simplycallmecollins
on 23/11/2022, 11:08:04 UTC

Making Bitcoin a legal tender means when a person goes to purchase a commodity, instead of paying with dollar or whatever currency is being used, they pay with BTC.

Given the unstable nature of cryptocurrencies, and the untraceable nature, would you suggest it wise for countries to adopt Bitcoin as a legal tender?

Recently, El Salvador and Central African Republic announced that they have adopted Bitcoin as a legal tender.