Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Western governments should love Bitcoin's privacy features, not fight them
by
shield132
on 19/04/2025, 10:05:08 UTC
⭐ Merited by d5000 (1)
Western governments claim that they promote freedom in the world. They call themselves "democratic" and "liberal".

Well, Bitcoin could help them with that mission. Above all in today's times that authoritarianism is on the rise again.
Local government has been saying for over a decade that they want to join European Union and become part of the West family but instead they are strengthening relationships with Russia and China, soon planning to force Chinese language at schools. What governments claim is very different from what they aim to do. They say beautiful words but do ugly things.

By the way, despite everything, my country is very pro-crypto and isn't strict with paying taxes. There are no-KYC ATMS, local exchanges are regulated and one of them is even owned by a trusted local bank. There is little to no chance of having an unsolved problem with crypto related services if you use local companies. My country treats Bitcoin like it's something virtual and not a currency and I know that from someone who actually has a very high position in the government, he basically said - let the people make money if they do no harm, do not limit them and make things hard for them. Btw there are some things that are more strictly controlled here than in Western countries. Overall, the quality of life here is much worse than in Western countries and I guess, every country and government has its pros and cons. Sadly, there is no perfect country or government.