Homeschooling yes or no and why?

Le
Over here homeschooling is not an option, so I'm not familiar with it, but would you homeschool your (future) kids? I can only assume things, so what are the pro's and cons? 
I would think that a child would miss out on how to handle/deal/interact with other kids (the good and the bad) relationshipwise. But on the other hand, you as a parent are the entire day focused on (the education off) your child. & On that hand.. how do you know you can teach properly without a degree? And how does the government knows someone is properly homeschooling? 

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