Post
Topic
Board Bitcoin Discussion
Re: is it possible to invest in bitcoin to build a country whose economy is down?
by
mendace
on 03/08/2023, 21:26:15 UTC
For example, here in Italy all traders are obliged to accept electronic payments via pos but we must also take into account traders who are of an advanced age and not very familiar with technology yet the state has not done any course of use it has simply imposed it and the merchant is required to implement the payment.

Now I am curious to know what kind of effect Italy is having now. As everyone is obliged to implement electronic payment in their business, how things are going on there? Is it good or bad for the businesses where traders don't know about it and are not educated enough? How are they completing trades with those who are willing to pay by electronic payment system? I am asking a lot of questions, but I am really curious and want to know all about it. 

If it's doing good, then in the future other governments could take the same steps. If it is bad, then other governments should avoid such actions. And tell me something that will help improve the situation. What's your take on this?

The truth lies in the middle, that is, before this forced adjustment many shops already accepted electronic payments but now it is normal to pay for everything by credit card or via smartphone or match, even for very small payments such as bread or coffee.  The problem is that many have not realized that privacy has been lost because all payments are tracked by banks and as a result the government may also request the details.  Bitcoin, on the other hand, would erase precisely this transparency.