Post
Topic
Board Beginners & Help
Re: Am I right or wrong
by
kamvreto
on 20/12/2022, 21:43:12 UTC
There is a saying that " if you can't beat them, you join them " ,is this what's going on with Btc and our government?

You can't confuse me that the government aren't buying Bitcoin too, since they knew that this is the real power back to the people, something they really can't control, I'm guessing the only option they have is to join?
If government want still they can't because we know that in every country there are strong banking network which hold everything, so these banking mafia will not allow any country government to take step like regulating Bitcoin. Because if government regulate Bitcoin then the banking system will just like collapse and there will be no value of bank, because Bitcoin will make people independent from bank and every person will have all of Thier fund in Thier phone and they have full control on Thier funds..

the government will not let the banking system collapse because the government can fully control it. whereas bitcoin is not fully regulated although they intend to start to regulate it. a clear example of a rule being blinded by the government is the imposition of taxes on a centralized stock exchange which of course will increase fees for every transaction made. The crypto market also provides income to the government and it continues to do so. Regardless of the pros and cons of using crypto, the government will provide regulations according to what they want and also adjust how much public interest is in crypto.