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.
Topic: 2020 the year of Bitcoin technology getting accepted by governments - page 6. (Read 1510 times)
January 28, 2020, 04:45:11 AM
January 28, 2020, 04:34:29 AM
Bottom line is, the more governments use blockchain, the better for btc! BTC is the door of cryptos!
I don't think so, because if we see now some of their governments are only interested in blockchain technology but they really hate and strictly prohibit bitcoin, like the Chinese government they continue to develop blockchain technology even they want to launch their own cryptocurrrncy with blockchain technology so people people in this country don't use bitcoin anymore. 
January 28, 2020, 02:49:07 AM
Bottom line is, the more governments use blockchain, the better for btc! BTC is the door of cryptos!
government using blockchain has nothing to do with bitcoin to be better or worse for it. blockchain is the technology and your statement is like saying the more shitcoins are created (that would be using the blockchain technology) it would be better for bitcoin!
not to mention that if government uses blockchain it will be centralized and we only care about decentralized solutions here.
January 28, 2020, 02:15:52 AM
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. January 28, 2020, 12:48:46 AM
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!
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!
First and foremost, what do you mean by bitcoin technology ? Are you trying to say blockchain technology? For blockchain technology, the entire world accepts it to be a public ledger for storing and recording data. But to accept the cryptocurrency aspect of this technology, it might take years to get governments to accept cryptocurrency or bitcoin to be precise.
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January 28, 2020, 12:42:33 AM
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!
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!
What's the bottomline?
Blockchain being accepted by governments certainly don't mean that bitcoin will have the same status! Even a lot of countries including China will start their own digital currencies using blockchain. But does that mean, bitcoin will have an impact?
Sure! bitcoin will have an impact, the more people talk and use bitcoin the better future for bitcoin! bitcoin is still in a non-massive adoption yet!
Bottom line is, the more governments use blockchain, the better for btc! BTC is the door of cryptos!
January 28, 2020, 12:01:39 AM
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!
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!
What's the bottomline?
Blockchain being accepted by governments certainly don't mean that bitcoin will have the same status! Even a lot of countries including China will start their own digital currencies using blockchain. But does that mean, bitcoin will have an impact?
January 27, 2020, 11:28:04 PM
This is just another pipe dream and I am willing to stake my small Bitcoin hoard that this will not be happening soon and not even 10 years from now. We always associate the blockchain technology with transparency (as if human nature can be changed by this technology, which I really doubt) but why would any government adopt something that can exposed it to the people and the media for that matter? It is just not rational, in the first place. Yes, there is a big possibility that governments (or a few of them) may fall in love with the blockchain technology but they are going to adopt it to what they really want and not let the technology be a hindrance to their goals and aims. Plus, without any measurable and clear demand from the people for the blockchain, politicians generally do not really care. Maybe it is time that we set our eyes and mindset that blockchain technology is not a magic potion that can amazingly transform gargantuan things and change the course of actions traditionally set for decades, though of course I believe that it has the potential to contribute making things better and can introduce some changes gradually (hopefully).
January 27, 2020, 11:10:15 PM
Government of every country varies, they have rules and regulations that they implement that adheres to their constitution. In terms of mass adoption of blockchain and cyryptocurrwncy, not all government will be readily available to embrace it. Some have their strict economic and financial sectors that mainly restrict the usage of bitcoin and cryptocurrency. One example is the China. We mostly incorporate blockchain to bitcoin though, this will not mean blockchain isn't allowed om China as well. In fact, China is being one of the most blockchhain developing country of today. And with their influence, they could possibly attract other country to develop blockchain technology.
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.
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.
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.
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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!
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!
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