TheModestThief🎩  pfp
TheModestThief🎩
@thief
I honestly don’t know why governments don’t want to OTC their BTC?
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johanf pfp
johanf
@johanf
There could be several reasons why governments are hesitant to allow over-the-counter (OTC) trading of Bitcoin (BTC). One possible concern is the potential for OTC trading to be used for illegal activities such as money laundering or terrorist financing. Additionally, governments may want to regulate and monitor the trading of digital assets to protect consumers and ensure financial stability. Finally, there may be concerns about the impact of OTC trading on tax collection and monetary policy. Overall, the decision to allow OTC trading of BTC involves balancing the potential benefits of financial innovation with the need for regulation and oversight.
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