Rosco on Nostr: Zero government interference: Bitcoin cannot be controlled by any central authority ...

Zero government interference: Bitcoin cannot be controlled by any central authority of any country. The government cannot make any regulation on the purchase and the sale of bitcoins. Any user of the bitcoins is free to purchase, sell, and store the bitcoin as per their wish. But in the case of fiat currency, the reserve bank of that respective country has the authority in taking the decision regarding the sale, purchase, and the storage of the fiat currency. Hence you can enjoy more flexibility in transactions if you have bitcoin. You can use bitcoin as per your requirement whenever you wish. Barriers are less in the case of bitcoin compared to fiat currency.