Bitcoin and the Law

What are the issues with Bitcoin?

 

The laws on Bitcoin differ hugely from country to country. Some have embraced it, some are more conservative and some have outright banned it. Why is it that in this day and age when we say we want to be innovative and greet new technology with open hands is the progress on the growth of cryptocurrencies still not as fast as it should be? I think the answer is simply that there’s a fear of the unknown. The governments don’t yet fully understand the cryptocurrencies and the possibilities they bring, therefore they are trying to regulate and sometimes even stop it.

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