Post
Topic
Board Bitcoin Discussion
Re: Bitcoin vs the government
by
Asta124
on 01/10/2023, 12:40:42 UTC
Which government  Roll Eyes Roll Eyes Bitcoin is not a political movement or a union group to make the people move in revolution. Also, many Bitcoin users adhere to the laws and regulations, and most of them pay taxes. It is true that the expansion of Bitcoin will reduce government control, but caution and the availability of options that enable it to achieve a good return from the strike may make many governments choose the path of making Bitcoin legal and it is necessary to report what you have to the authorities, which does not reduce the decentralization of Bitcoin.

If governments want to harm Bitcoin, they can start sabotage attacks, but why would they do that when they will not make any profit from it? Bitcoin is not an enemy of a country.

Agree, for example Indonesia, initially this country banned Bitcoin not because it considered Bitcoin an enemy, but because there are many things that the government cannot control here, such as the flow of funds and their use. It is common knowledge that in the early days of Bitcoin, Bitcoin was widely used to carry out illegal acts such as illegal arms trading and terrorism. Currently, Bitcoin has become legal in Indonesia, although it is still illegal as legal tender, but we can calmly own Bitcoin in a regulated manner.