Why Governments will trust Bitcoin and no other cryptocurrency ever

bitcoin

Comprehending the features of Bitcoin, which makes it a reliable option for the government. Why is Bitcoin so popular, when there are tons of other cryptocurrencies? The main intention behind Satoshi Nakamoto’s initiative was to design and radicalize a currency which wouldn’t be under the jurisdiction of any form of government or a specific financial institution. Even though Bitcoin has been left behind by various cryptocurrencies in terms of attributes like transaction fees and confirmation time, it has managed to remain as the largest cryptocurrency by market capitalization since a very long time. This might be due to the precise reason that Bitcoin is absolutely decentralized and most popular one in the domain…

Read more : Coinnounce, 21.10.2018