Some countries are already regulating the use of bitcoin, that is a start. Bitcoin is still very young, and it is still a long way before countries start legalizing bitcoin but it can happen.
Right, bitcoin is still young, it needs more development. It is bad when bitcoin is considered a forbidden currency in my country. But fortunately this management is not very strict, I can still use it freely.
Topic: Bitcoin and governments - page 3. (Read 2495 times)
The governments of the different countries of the world recently have started using bitcoin. But, they are still at the field level and Works behind the scenes of General people.
Besides, the governments of different countries are currently reviewing the future possibilities of BTC.
The main problem of official approval that it is decentralized transaction.
Decentralized currency can be a tool for smuggling and criminal activity.
It can damage the country's economic system and cause huge losses.
Besides, the governments of different countries are currently reviewing the future possibilities of BTC.
The main problem of official approval that it is decentralized transaction.
Decentralized currency can be a tool for smuggling and criminal activity.
It can damage the country's economic system and cause huge losses.
Some countries are already regulating the use of bitcoin, that is a start. Bitcoin is still very young, and it is still a long way before countries start legalizing bitcoin but it can happen.
Right, bitcoin is still young, it needs more development. It is bad when bitcoin is considered a forbidden currency in my country. But fortunately this management is not very strict, I can still use it freely.
it like second wife 
first wife not love second one but for man both of them hot
first wife not love second one but for man both of them hot
The government does not care what you use, the main thing is to monitor your money and get taxes. Bitcoin does not interfere with this on its own.
But many countries have legalized and regularized bitcoin as their currency but they have no control over it. All the control is in the hands of their respective owners. But if they make a specific law for using bitcoin and the governments have the data of all the bitcoin using their local people they will overcome the control soon. But I don’t think that it is needed that the governments should have control over the bitcoin. People owned then and they have the right to use it as they want.
Many countries have even legalised bitcoins even though they can't control it as Bitcoins are decentralised means that control is given to the user or owners of the bitcoin's.One of the things that governments are afraid of are that bitcoins are anonymous means a user can go intractable or detectable in a transaction this can be used for many illegal activities.Many countries as seen bitcoins potential and have legalised it like Japan where bitcoins can be mostly use anywhere i think.So I don't think so that there would be that much of friction between bitcoins and the governments.
bitcoin can only be applied to developed countries because the transaction tax is clearly regulated in the official law. But they still apply the kyc pattern where users are not always completely anonymous, friction will not mean much to them because it has strong authority to intervene in something, but it will happen in third world countries.
Many countries have even legalised bitcoins even though they can't control it as Bitcoins are decentralised means that control is given to the user or owners of the bitcoin's.One of the things that governments are afraid of are that bitcoins are anonymous means a user can go intractable or detectable in a transaction this can be used for many illegal activities.Many countries as seen bitcoins potential and have legalised it like Japan where bitcoins can be mostly use anywhere i think.So I don't think so that there would be that much of friction between bitcoins and the governments.
Some countries are already regulating the use of bitcoin, that is a start. Bitcoin is still very young, and it is still a long way before countries start legalizing bitcoin but it can happen.
Right, bitcoin is still young, it needs more development. It is bad when bitcoin is considered a forbidden currency in my country. But fortunately this management is not very strict, I can still use it freely. 
Hi btkers , discussion about the relationship between governments and cryptocurrencies.
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?
Goverments will ever find it very difficult to officialise or adopt cryptocurrency into it financial system because they would never accept what the cannot control or have control over. If governments especially the leaders and politicians including elites of developed countries has there way they could have destroyed bitcoin long time ago because they know bitcoin will bring freedom to people and humanity. Bitcoin and others cryptocurrency is freedom that the elites and politicians will not what you to enjoy and They will ever fight bitcoin. Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?
Hi btkers , discussion about the relationship between governments and cryptocurrencies.
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?
Yes, it is too detrimental for them. Therefore, they do not accept it because it is not taxed and it is difficult to control it. Besides, they always want their money to grow instead of accepting a different currency Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?
Hi btkers , discussion about the relationship between governments and cryptocurrencies.
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?
Because many government wants to know your financial assets and they want to control the money circulating in the community or country. But there's some country approved using bitcoin as digital cash like japan . Japanese people likes innovation so much thats why they approve it and they see the potential of bitcoin. It really depends on what country you are or what your government thinking.
Some countries are already regulating the use of bitcoin, that is a start. Bitcoin is still very young, and it is still a long way before countries start legalizing bitcoin but it can happen.
yes that is right to say that it is just the start and very soon. it will become possible that bitcoin become as legal currency throughout the world. i am sure that bitcoin will become as legal currency because a lot of countries are now thinking about to consider bitcoin as legal currency and specially after japan acceptance of bitcoin made the way more clear for other countries. I'm not an economist, so I answered according to the knowledge I know.
this is difficult, because the state does not want to lose the bitcoin part or validate the viral money. Why ?
because of the unstable bitcoin properties and changes. this is a consideration of a country. and I think the country has its own currency instead.
that's why bitcoin is less addressed by a country.
Some countries are already regulating the use of bitcoin, that is a start. Bitcoin is still very young, and it is still a long way before countries start legalizing bitcoin but it can happen.
Hi btkers , discussion about the relationship between governments and cryptocurrencies.
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?
probably because bitcoin is not yet in the shelter of a strong company, although it has not been allowed by the government, bitcoin has a lot of influence for the country's economy, now many have benefited from bitcoin both rich and poor
By the time bitcoin is legalized on any country it is the time where it will be put under a taxation. Well, it will be a less on the profit but on the brighter side, it will be able to help raise funds for the country it will be legalized on.
Tax is not bad. Bad is in legality - goverments determines on what you can spent your money.I want to pay taxes but whithout any control of my activities.
I also do not want the government to control my income. And I would not want to pay taxes on using crypto currency. The government should not restrain the use of crypto currency
Taxes resemble a mother. We often do not understand her, but we rarely forget about her. Will bitcoin features let you escape from the taxpayer? Doubtful. The reason is prosaic. Virtual tokens are a reflection of real money. Where there is a monetary value - you can be sure of the act of income tax on individuals. We do not avoid this
. 
By the time bitcoin is legalized on any country it is the time where it will be put under a taxation. Well, it will be a less on the profit but on the brighter side, it will be able to help raise funds for the country it will be legalized on.
Tax is not bad. Bad is in legality - goverments determines on what you can spent your money.I want to pay taxes but whithout any control of my activities.
I also do not want the government to control my income. And I would not want to pay taxes on using crypto currency. The government should not restrain the use of crypto currency
The government always wanted to control the country. There are rules or laws to follow all throughout the world. When we talk about bitcoin and government, the government can't control bitcoin because it is decentralized and probably they will not like the idea of having uncontrollable currency in the country for it will affect the economy.
yes indeed with the bitcoin then the government will not be able to fully control the bitcoin. perhaps not only that, the government is also afraid that when there is a drastic reduction of bitcoin prices then the economy in their country will be unstable. this is the main reason, but regarding the oversight I think the government will not have any authority to be able to see the bitcoin owned by its citizens. 
By the time bitcoin is legalized on any country it is the time where it will be put under a taxation. Well, it will be a less on the profit but on the brighter side, it will be able to help raise funds for the country it will be legalized on.
Tax is not bad. Bad is in legality - goverments determines on what you can spent your money.I want to pay taxes but whithout any control of my activities.
By the time bitcoin is legalized on any country it is the time where it will be put under a taxation. Well, it will be a less on the profit but on the brighter side, it will be able to help raise funds for the country it will be legalized on.
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