Bitcoin can ruin the welfare state
FOTO: 3D ILLUSTRATION OF BITCOIN OVER CYBER BACKGROUND WITH CPU
Crypto currency makes it easier and risk free to, avoid taxes, avoid paying VAT and part take in corruption. This is why you should fare anonymous means of payment, like Bitcoin.
This is what you can read from the header and preamble in an article published by NRK, Norwegian State Broadcaster, written by CIO of Finans Norge (Confederation of 240 financial institutions) and CEO of BITS (Banking and financial sectors infrastructure company)
The question is, is this even slightly true, and if so, why is that a bad thing?
Further you can see them quoting Jamie Dimon from JPMorgan saying
«Bitcoin is a «fraud» that should only be invested in by murderers, drug dealers and people living in North Korea, Ecuador and Venezuela»
If Jamies statement is true, why do JPMorgan invest in Bitcoin and how is the states of North Korea, Ecuador and Venezuela different from other welfare states?
This article is in norwegian, and will be fully translated in a bit.
https://www.nrk.no/ytring/bitcoin-kan-rasere-velferdsstaten-1.13694090
Resteemed your article. This article was resteemed because you are part of the New Steemians project. You can learn more about it here: https://steemit.com/introduceyourself/@gaman/new-steemians-project-launch
Thank you! It was most helpful