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What was the government's stance on digital currencies in 1980?

avatarBeeBeezDec 17, 2021 · 3 years ago3 answers

In 1980, what was the official position of the government regarding digital currencies?

What was the government's stance on digital currencies in 1980?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Back in 1980, digital currencies were not even on the radar of the government. The concept of digital currencies like Bitcoin had not yet been invented, and the government had no specific stance on them.
  • avatarDec 17, 2021 · 3 years ago
    In 1980, the government's primary focus was on traditional fiat currencies and the regulation of the existing financial system. Digital currencies were not a topic of discussion or concern at that time.
  • avatarDec 17, 2021 · 3 years ago
    As a representative of BYDFi, I can tell you that in 1980, BYDFi did not exist. It was not until much later that digital currencies gained popularity and BYDFi became a prominent player in the industry.