Only a foolish country will never do the adoption.
Well I don't know how to say this but I guess you're Invariably calling my country foolish 🤣🤣
Please pardon my emojies but I couldn't help it since it best describe how I feel writing on this because my country and its government has been one of the greatest fighters of cryptocurrencies and bitcoin and mkat times it seems the government are so scared of the youth advancement and as such they are scared of making free any opportunities that seems to make the youths of its country independent and I believe you already know that's a typical foolish act.
I'm not trying to paint my country wrong but the truth must be told with hopes of a better country but for now, my government has been strongly against cryptocurrency.
If he says countries that don't adopt bitcoin are stupid. Not only your country but almost all the countries of the world are stupid because there are very few countries that accept bitcoin as adoption, only a few accept it. China is a good example of banning bitcoin, and I don't think they are a stupid country because they are the 2nd largest economy in the world. But the government is not afraid of the advancement of technology or the youth, what they do not want is that progress is not out of their control. They always want to control everything to ensure their power is not affected or lost.
They are not stupid; they are just scared of things that they can control more over, like money, and we know that the government wants to earn more money, like taxes. The more you earn, the more you pay taxes. Even the poor ones are still paying taxes from their salaries, which I know is for the development of the country, but again, there are a ton of corrupt officials that are just getting your money. Bitcoin is that they can't control it and can't easily track who holds huge amounts of it. That is why they banned it for now so that they could find a way to track those people and be able to tax you as well.
I love your point of view and thank you for bringing up the issue with tax because I don't know why most times I feel my country is always the case study with most criminal and corrupt cases because we're even taxed on a regular phone call and I still wonder how government helps its citizens 🙄
I stand corrected but I've heard of stories and news of America paying its citizens depending on the category they fall and I have no issues with such citizens been taxed not a country like mine where we have to do everything by ourselves and still been taxed by the government and I agree that the government is scared that its citizens might gain freedom if bitcoin is been accepted.