Post
Topic
Board Economics
Re: Why are some countries being sentimental with bitcoin and the cryptos at large?
by
Hameed93
on 07/03/2024, 22:33:36 UTC
  I wouldn't really call it been sentimental.. While most of us will see only the negative sides, there are also things the  government see that we the citizens do not see.. even the most advanced countries are still shaky about the cryptocurrency market..

  The United States (U.S.A) is one of such countries that aren't really buying into the idea of the cryptocurrency due to the dollar value... We all know it will be a very simple task for the US government to push the crypto initiative into world politics but they are still contemplating. If the Bitcoin for example fully becomes a mode of transaction in the USA, it means the US Dollar will start to loose it's streak value it has gained over time been the most used currency in the world which is bad for the government..