Governments vs Bitcoin

     It is a fact to the world that the cryptocurrencies arrived to stay. Bitcoin, the most popular and most valued digital currency, has been implemented and legalized by various government systems in several countries. Every day thousands of Bitcoin Exchanges are made around the world capturing many people who did not yet have the desire to invest in cryptocurrencies.

     However, several governments have not agreed with the methodology of the digital currency. Many have followed closely the operations and have even implemented measures to regulate the use of Bitcoin. The independence of banks is what most produces uncertainty to the rulers since this implies that the digital currency is tax free and free from banking or central authorities.

     Despite this, its development has not stopped. People Buy Bitcoin every day by investing their savings or assets in the digital currency to balance their economy. It is noteworthy that people who have companies have decided to accept the use of cryptocurrency and invest in it for its expansion and growth.

     In recent months Bitcoin has been increasing in significant numbers. This puts governments thinking that cryptocurrency could be used to commit unlawful acts such as electronic fraud or black market activities. But people who make transactions with Bitcoin feel calm and confident. Even the authorities worldwide know that they can count on Blockchain in the event of a crime occurring where Bitcoin is inflamed.

     Although there are governments that still doubt Bitcoin, others are already legalizing their use and allowing it to be accepted as a means of payment for different commercial premises and even in airlines. An airline in Japan Receives Bitcoin as payment method giving the facility to passengers to make their payment from anywhere or even at the airport.

     Despite the barriers placed by some governments the expansion and growth of Bitcoin are inevitable. The Bitcoin Price may not be stable but analysts and economists say cryptocurrency will continue to rise for many more years.

     The digital currency is being accepted more and more by society worldwide and may become the first digital currency recognized by the world.