This Country in Asia Just LEGALIZED BITCOIN! Here’s Why That’s VERY BAD for Bitcoin

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With Bitcoin, we need to understand why central banks, bankers, and companies all want a piece of the action. First, most of them don’t want to touch Bitcoin, they really just want the Blockchain. They want the technology under it. Governments specifically, they don’t care for either but instead want to tax people, categorically database all transactions within digital currencies, and monitor anything and everything. Central banks want to be able to maintain their dominance and ability to maintain the only currency people will use. So every group has their own reason to stock their noses into this new technology.

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Sources:
https://goo.gl/UpprQe

Ben Bernanke on bubbles, bitcoin, and why he’s not a Republican anymore — Quartz
https://qz.com/553407/ben-bernanke-on-bubbles-bitcoin-and-why-hes-not-a-republican-anymore/
Delaware House Passes Historic Blockchain Regulation - CoinDesk
https://www.coindesk.com/delaware-house-passes-historic-blockchain-regulation/
Bank of Papua New Guinea, Abt Associates to establish PNG Digital Commerce Cryptocurrency Association - EconoTimes
http://www.econotimes.com/Bank-of-Papua-New-Guinea-Abt-Associates-to-establish-PNG-Digital-Commerce-Cryptocurrency-Association-826442
Vietnamese PM Approves Plan to Authorize Bitcoin As Form of Payment
https://cointelegraph.com/news/vietnamese-pm-approves-plan-to-authorize-bitcoin-as-form-of-payment
Government considers recognising bitcoin in Vietnam | Vietnam+ (VietnamPlus)
http://en.vietnamplus.vn/government-considers-recognising-bitcoin-in-vietnam/116916.vnp

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