Post
Topic
Board Bitcoin Discussion
Re: Some Countries living behind their century, taking a back sit on BTC evolution.
by
Woodie
on 15/09/2023, 12:49:57 UTC
Bangladesh, Domican Republic,  Bolivia, Nepal, Ghana,  Algeria and a host of other nations seems not to understand the times and seasons as regards world changing currency BTC, despite being accepted in most part of the world.



I personally think more awareness about  the benefits of trading with cryptocurrencies needs to be created particularly in nations where there are restrictions and banned on cryptocurrencies and also it should  be made more simple for easy use no matter the level of one  literacy. More work is needed. What are your thoughts?
Unfortunately awareness alone won't make it easy for regulation or acceptance, because like here you talking about trading and when it comes to trading bitcoin can easily distabilize one economy as its a currency too and to protect whats already there like bonds, investors, local currency  etc you need a government agency to regulate these securities ( whatever btc will deemed to be) tbh it's not that easy especially if the government is to be involved.

If it were up to me, I would rather let BTC run as a parallel currency/asset without really recognizing it as legal tender.