2020 the year of Bitcoin technology getting accepted by governments - page 5.

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Quote from: USBitcoinServices.Com on January 27, 2020, 09:41:44 PM

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

Oh of course, all they want is to be more transparent and take care of us on another level, that's what they are thinking about every day and that's the reason of why some of them have sleeping issues.
Cmon, governments aren't that much interested in bitcoin implementation but they are interested to gain more control on it and they are doing it pretty well, as it seems lately.
I think you wanted to say blockchain instead of bitcoin and don't know exactly what you wrote? Cause according to every statistics, not bitcoin but blockchain is the most wishful technology to be adopted by governments and also demand on blockchain developers is rising significantly.

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Quote from: jossiel on January 28, 2020, 04:51:50 PM

Bitcoin will even become popular this year because of the halving. We're all catching the moment of the bull run after the halving because we have seen the moments of those years after the halving.

The governments or any company is free to adopt the blockchain that they want because there are several projects that are offering this technology. It's always a separate thing, blockchain and bitcoin.

indeed with halving bitcoin there will be a lot of news circulating about the bitcoin event and maybe it will indeed have a very good price effect but you should know that the government only adopts blockchain technology but does not use bitcoin because they realize that bitcoin has very little supply of it will make bitcoin a place of price manipulation and is not suitable if used for transactions across countries because of limited supply.

jossiel

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Bitcoin will even become popular this year because of the halving. We're all catching the moment of the bull run after the halving because we have seen the moments of those years after the halving.

The governments or any company is free to adopt the blockchain that they want because there are several projects that are offering this technology. It's always a separate thing, blockchain and bitcoin.

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Quote from: bitmover on January 27, 2020, 09:52:20 PM

Is there any reason for such claims or are you just dreaming out loud?

This idea that blockchain is gonna be used everywhere doesn't make much sense.

Blockchain is a slow and expensive database. Unless you have a very specific problem that blockchain will solve, it shouldn't be used. In most cases, blockchain is not applicable to the problem.

I so t think governments are going to use it everywhere to become more transparent. There are other way to become more transparent, which are less expensive.

It is based on information available on the internet, in case you haven't read enough about the topic, it would be great if you read more about governments interested in using blockchain.

There are much better blockchain than bitcoin these days, not sure what source of news you reading, if you refer to btc, yes it is slow but not for a long time, LN is here to solve that issue. It might be expensive if a centralized organization will implement their own blockchain, but if they use or support existing ones then they don't have to spend resources owning all nodes, there is where decentralization takes place when individuals run their own blockchain node.

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Quote from: USBitcoinServices.Com on January 27, 2020, 09:41:44 PM

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

True indeed here is a news of Indian government taking initiatives with blockchain : https://community.nasscom.in/download.php?file=wp-content/uploads/attachment/15216-executive-summary-avasant-nasscom-blockchain-report-final.pdf

Blockchain is really starting to flourish around and soon we could even see certain restrictions over the use of blockchain. Because governments would now soon realize the risks associated with blockchain and bring some regulations over it too.

Have a look at this article also it explains other countries which are making some big inventions in blockchain :
1. https://www.blockchain-council.org/blockchain/top-10-countries-leading-blockchain-technology-in-the-world/
2. https://consensys.net/blog/enterprise-blockchain/which-governments-are-using-blockchain-right-now/

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Quote from: EdvinZ on January 28, 2020, 02:15:52 AM

Quote from: USBitcoinServices.Com on January 27, 2020, 09:41:44 PM

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Why is it that you decided that countries should make their national digital currency on a transparent blockchain? In most states, corruption thrives, which is beneficial to the governments. A transparent blockchain will simply not allow corrupt activities.

Corruption thrives only because the country has a weak government system, in many cases, their citizen does not participate and do not get organized. Transparent blockchain is good for the people, the point is to let people as a society to thrive, not governments! Governments are here to bring solutions not to block progress.

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Quote from: USBitcoinServices.Com on January 27, 2020, 09:41:44 PM

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

It's been a long time ever since bitcoin has started its journey. It has faced countless controversies and crisis over the past few years even up until now. The only difference now is that there are some countries that are already accepting bitcoin as a mode of payment for different transactions, just like in Venezuela. Most of the rumors has already been falsified which helps a lot in making bitcoin more acceptable by the government. Amidst the conflict of being a decentralized currency and being under the government, the regulation of it is still a good thing for both sides even without crossing each other's limitation.

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I don't think we can speculate about this.. countries that soon adopted Blockchain technology (such as China and several other countries) never made a statement about making Bitcoin a legal currency. to be honest, if the government accepts Bitcoin then I'm very happy and support the policy. the more countries that adopt Blockchain technology, the better it will be for mass adoption of cryptocurrencies.

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2020 is expected important year for the crypto market.Developed countries like dubai more serious with crypto,these governments believe that the crypto market will create more opportunities for the people.Investor who want earn passively the crypto will be best option for the investors.Crypto will be great opportunity for the students and people looking for jobs,They can earn from crypto and it will reduce the unemployment ratio in the country.

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Quote from: USBitcoinServices.Com on January 27, 2020, 09:41:44 PM

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

The government and the country only want a centralized system blockchain. They will not accept and adopt bitcoin because of its decentralized nature. That means the government will only add new altcoins.

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Quote from: btc78 on January 28, 2020, 07:56:10 AM

Quote from: USBitcoinServices.Com on January 27, 2020, 09:41:44 PM

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

i love the way you deliver this thread and also the positivity on you but i don't think this will happen this soon mate.

government will always find things that will break the transparency and decentralization of cryptocurrency so there is no way they will accept this claim this soon.

maybe in another years or so let us see but not in this year.

I also agree, It will happen surely but not in this year. It first have to pass the many stairs of development. If users start working on its promotion in a serious way, this can happen in short period of time also. In the states where it is widely used like in China, people are fighting with the government for its status. Same would happen in other states also once people will get knowledge about it. Majority is authority so this would lead to the change in the status of Bitcoin.

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Quote from: Yudam on January 28, 2020, 10:03:02 AM

Quote from: mk4 on January 27, 2020, 10:50:07 PM

The funny thing though, is that "government" and "transparent" mostly doesn't go well together. If anything, transparency is probably the last thing they had in mind if they were to create their own digital money. Instead, it's most probably for surveillance purposes. You'd be dreaming if you think the government wanted decentralization.

That's right, I laughed a little about this. if the government really wants to be transparent, isn't it certain that they are adopting crypto and decentralization and maybe even they are developing it themselves for the benefit of the country's finances. but in reality they are even afraid, afraid of the country's finances will be shaken by the influence of bittcoin

There is a difference between decentralization and transparency. Decentralization means giving the absolute authority and power regarding something to citizens whereas transparency means allowing citizens to view government's work however power to take decisions still lies with government.

Governments adopting blockchain could be seen as positive step towards increasing transparency between government working and citizens but it by no means meant that government is decentralizing any system.

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Quote from: USBitcoinServices.Com on January 27, 2020, 09:41:44 PM

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

I think you misunderstood everything, BTC ≠ Blockchain technology.

Quote from: USBitcoinServices.Com on January 27, 2020, 09:41:44 PM

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

The best scenario is 2017, we saw lots of negative news, but at the end of the year, we reaches all time high.

Quote from: USBitcoinServices.Com on January 27, 2020, 09:41:44 PM

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

Did you just contradict yourself again? You say that it is getting more popular and now your claiming that people don't understand it or the concept of decentralization?

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Basically your assumption is base on the current rate at which government of many countries have been involving into the Blockchain in solving so many problems of their dearest country. This actually has nothing to do with Bitcoin per se because, Bitcoin is different from the Blockchain. One could envisage that; the government will like to create their own coins than to dive into Bitcoin.

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Quote from: keeee on January 28, 2020, 10:43:22 AM

Quote from: EdvinZ on January 28, 2020, 02:15:52 AM

Quote from: USBitcoinServices.Com on January 27, 2020, 09:41:44 PM

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Why is it that you decided that countries should make their national digital currency on a transparent blockchain? In most states, corruption thrives, which is beneficial to the governments. A transparent blockchain will simply not allow corrupt activities.

I think this wont really happen. In fact lot of government in different countries denied accepting bitcoin as a currency because it was s decentralized one which they cant control its value so how you came up with this idea.

Only as a government that accepts bitcoin in its country and even then cannot control the value of bitcoin because it is decentralized so it is difficult to control and the government only legalizes it.
Still, I have read the news that this year many governments will adopt the blockchain but that is not a complete control, but only applying the blockchain system in the government so that it will be widely known and popular again in this year.

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Quote from: EdvinZ on January 28, 2020, 02:15:52 AM

Quote from: USBitcoinServices.Com on January 27, 2020, 09:41:44 PM

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Why is it that you decided that countries should make their national digital currency on a transparent blockchain? In most states, corruption thrives, which is beneficial to the governments. A transparent blockchain will simply not allow corrupt activities.

I think this wont really happen. In fact lot of government in different countries denied accepting bitcoin as a currency because it was s decentralized one which they cant control its value so how you came up with this idea.

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Quote from: Coyster on January 28, 2020, 04:45:11 AM

If you say 2020 will be the year of the blockchain technology, not that it's correct, but it may just turn out to be true, but that wouldn't then make it bitcoins year. Many governments and businesses would use the bitcoin network this year and will continue to use it, but that wouldn't make them adopt bitcoin as a cryptocurrency for their use

It's also vise versa, my country is developing, but bitcoiners are growing massively here, but other than being used for bitcoin protocols, the blockchain technology isn't used at all.

Actually the government might never be interested in bitcoins or any other coin but they might consider using blockchain technology for the betterment of financial transactions. Blockchain itself is decentralized but by making few changes, it could be converted into centralized monetary system which would be used by the governments to set various applications over the network to make the payment methods more stronger and reliable.

Even the governments from various nations might be knowing the power of blockchain but the nature of blockchain being decentralized makes the centralized authorities neglect it. Blockchain might be the most advanced network for monetary regulations.

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Quote from: mk4 on January 27, 2020, 10:50:07 PM

The funny thing though, is that "government" and "transparent" mostly doesn't go well together. If anything, transparency is probably the last thing they had in mind if they were to create their own digital money. Instead, it's most probably for surveillance purposes. You'd be dreaming if you think the government wanted decentralization.

That's right, I laughed a little about this. if the government really wants to be transparent, isn't it certain that they are adopting crypto and decentralization and maybe even they are developing it themselves for the benefit of the country's finances. but in reality they are even afraid, afraid of the country's finances will be shaken by the influence of bittcoin

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Quote from: USBitcoinServices.Com on January 27, 2020, 09:41:44 PM

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

i love the way you deliver this thread and also the positivity on you but i don't think this will happen this soon mate.

government will always find things that will break the transparency and decentralization of cryptocurrency so there is no way they will accept this claim this soon.

maybe in another years or so let us see but not in this year.

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The state or the country will not consider cryptocurrency as their currency, I think this is not the year or maybe no year will let the government accept it maybe allowed to use but they wouldn't recommend or promote using it, why?

Because it can be use to do a money launder, second thing is that they wouldn't get tax from their citizens and last thing on my mind is that the government bank will not allow it to have a decentralized cryptocurrency to invade their country.

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