Bitcoin - New form of Budget for poor countries

[RamonBTC]

I have no objection to the idea but just hoping alone that the government will encourage they’re people to this investment is the big question. As long the mainstream adaptation and without the support in legal side by the same public officials that is totally or mostly corrupt and puppets of our financial banking system is an hopeful statement.

[player514]

I have no objection to the idea but just hoping alone that the government will encourage they’re people to this investment is the big question. As long the mainstream adaptation and without the support in legal side by the same public officials that is totally or mostly corrupt and puppets of our financial banking system is an hopeful statement.

I agree with you. It's possible that right when you get this decentralized currency you end up with people having more power which a government might be opposed to. With stronger centralized governments in places like China etc. We've already seen some opposition to the idea of crypto currency and power to the people. If people are able to convince their governments that Bitcoin can do good for the country, it's possible that it'll be accepted, but I think we're pretty far from there right now.

[RamonBTC]

I have no objection to the idea but just hoping alone that the government will encourage they’re people to this investment is the big question. As long the mainstream adaptation and without the support in legal side by the same public officials that is totally or mostly corrupt and puppets of our financial banking system is an hopeful statement.

I agree with you. It's possible that right when you get this decentralized currency you end up with people having more power which a government might be opposed to. With stronger centralized governments in places like China etc. We've already seen some opposition to the idea of crypto currency and power to the people. If people are able to convince their governments that Bitcoin can do good for the country, it's possible that it'll be accepted, but I think we're pretty far from there right now.

Understood. China is the biggest example of this scenario and the only solution is the people’s revolution toward this kind of oppression but that is more than impossible as they’re citizens are bound to follow most of the time to this strong government. But I stilll believe that soon it would be realized by them as it always be for what is best for individual financial freedom that might also help the economy of one country.