Post
Topic
Board Bitcoin Discussion
Re: Government vs Bitcoin
by
gunhell16
on 11/09/2023, 05:11:22 UTC
Governments frequently misunderstand bitcoin innovation.
This impression arises from the disproportionate bans and regulations they enact.
Although occasionally the bitcoin regulations appear unreasonable, I posit that bitcoin is not as detrimental as suggested. Please correct me if I am wrong.

First of all, we know that Bitcoin was created by the founder not to oppose the government of each country. That's why other governments of countries think badly of Bitcoin; others think that it is a threat, and they know even when it will not be regulated under the government.

And any government also knows that because Bitcoin is decentralized, this decentralization is the reason the government can't control Bitcoin. But the government has the ability to not accept it in their country or other countries, and many people did it, but in the end they also withdrew it because they could not stop the trend regarding Bitcoin, especially since there are other countries that have already made it a legal tender currency, such as El Salvador and others.