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August 31, 2017, 09:08:05 AM |
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there are some governments that already legalized the use of bitcoins, since they know that they cannot stop the growth of bitcoin and they understand that everything needs innovations, even the currency we use, just look at those countries that accepted bitcoin, korea, japan, china, russia and india, there is no doubt that these countries have a huge population and a lot of information technology businesses, they know how to spot what will be the future,even floyd mayweather and mark cuban, two personalities that even made their own alternative coin, just to name a few. those governments that are fearing bitcoin, i think are those that are being corrupted even by their own banks, since banks know that they cannot control bitcoin and there will be no income for them whenever transactions are being made, they might end up loosing to bitcoin and then finally shutdown, they will try to bribe their politicians or set a mind set that bitcoin will be bad for the economy since the value of bitcoin is higher than their fiat. what i see is that since they cannot control bitcoin and know they will loose, they try to get rid of it at its starting stage or early years of development, since they cannot regulate bitcoin, it will be easy for them to control those people that haven't even heard of bitcoin. we should also keep in ind that banks are part of a nations growth, and since they have a lot of money, they can also control governments.
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