Post
Topic
Board Bitcoin Discussion
Re: Is digital currency powerful?
by
gunhell16
on 07/10/2023, 15:45:04 UTC
Compared to fiat currency, Digital currencies are very powerful in-terms of control. You can control your own coin. There is no interference from the government, no one can rob it or counterfeit it. You can use it globally and expand your business internationally. I don't find anything more powerful than this! what is your thoughts on it !

In my personal opinion and belief, I think bitcoin or cryptocurrency is powerful. Why? Because it would not have been able to make and mine bitcoin in their country anymore if Bitcoin was not powerful in this industry.

In addition, India has also been able to tax every cryptocurrency transaction. In fact, governments also use their power for as long as they can't do it because of the decentralization they have. This is the reason they can't control Bitcoin or cryptocurrency.