Not yet... Governments will hate bitcoin when it gets 100-1000 times bigger than now. However, by that time it won't matter. Governments are there to serve the people, people don't serve the governments.
yea they hate it...they cant tax it 
Topic: Does the Government Hate Bitcoin? - page 2. (Read 1593 times)
Not yet... Governments will hate bitcoin when it gets 100-1000 times bigger than now. However, by that time it won't matter. Governments are there to serve the people, people don't serve the governments.
Bitcoin is not hard to tax, at least not harder than cash.
Short answer : Yes
Because if Bitcoin replace USD then they can no longer print money, same goes to the whole world.
Because if Bitcoin replace USD then they can no longer print money, same goes to the whole world.
The FBI has the wallet of Dread Pirate Roberts which contains something to the tune of 80 million bucks. The catch? They can't open it because they don't have the password and there's probably a backup of the wallet somewhere out there just waiting to be used by someone else. FBI hates BitCoin. Source: http://www.theguardian.com/technology/2013/oct/07/fbi-bitcoin-silk-road-ross-ulbricht
From another point of view, US poker players are about to discover that poker platforms that use BitCoin are anonymous. This effectively means an end to Black Friday (when US government decided that online poker is illegal) and it also means that the US gov won't see a dime out of it. Source: http://www.codingthewheel.com/archives/could-bitcoin-revolutionize-online-poker/
Finally, IRS has finally begun to take notice and they're most likely shitting bricks because BitCoin is very, very hard to tax. Source: http://www.politico.com/story/2013/08/bitcoin-tax-haven-95420.html
All in all, the US government either hates BitCoin, either is completely stupid and incompetent. I'd say the odds are 50/50 for each.
Cheers,
From another point of view, US poker players are about to discover that poker platforms that use BitCoin are anonymous. This effectively means an end to Black Friday (when US government decided that online poker is illegal) and it also means that the US gov won't see a dime out of it. Source: http://www.codingthewheel.com/archives/could-bitcoin-revolutionize-online-poker/
Finally, IRS has finally begun to take notice and they're most likely shitting bricks because BitCoin is very, very hard to tax. Source: http://www.politico.com/story/2013/08/bitcoin-tax-haven-95420.html
All in all, the US government either hates BitCoin, either is completely stupid and incompetent. I'd say the odds are 50/50 for each.
Cheers,
I believe now the gov doesnt care because Bitcoin is in its adoption stage
They haven't really said anything about it. This depends, then, on your view of the role of the state: does the state have a vested interest in keeping its own currency #1? If so, then yes, the state views Bitcoin as dangerous, and will inevitably stop its growth, likely by outlawing businesses from using it officially, to ensure the dollar remains king. If the state is viewed as a benevolent entity, then one might say they will adapt to Bitcoin for its superior qualities, and allow it to flourish, or perhaps outlaw it in the name of public safety, perhaps to stop terrorist activity or something similar.
AFAIK the closest official statement about Bitcoin was in the form of FinCEN guidance, and they can't make laws, they only give advice. From what I've observed so far, the state has shut down various exchanges for they did not comply with various regulations. Otherwise, I've not noticed any action from the state in regard to Bitcoin.
So far, this is in considering the state. Considering the government that occurs outside the state, I've not seen very many people actively oppose Bitcoin; I have seen several who claim to really not like it (typically followed with "It's a ponzi scheme!") but I've yet to see any actual business openly oppose Bitcoin. Most claim they want to understand Bitcoin more before they integrate the currency into their business. Weighing the amount of businesses and individuals who either accept Bitcoin as of right now or are considering using it, against the amount of people and businesses who have outright said they do not want Bitcoin (or anyone else to use it for that matter), the general consensus is that Bitcoin is good and deep in the green, or in the very least, is not detrimental to people as a whole.
This isn't such a stark contrast, then; the government from the state vs. the government from the people are generally aligned here: "What's Bitcoin?" It's true; most people yet do not have an opinion about Bitcoin, nor has the state given any real statement on the matter.
I'd give it some more time before making a real judgment call; the currency is only 4 years old after all. By the ten year mark, we should have a very clear understanding of where Bitcoin is going. I also apologize if I've missed something recent; I've not kept a close eye on Bitcoin for a month or two now.
AFAIK the closest official statement about Bitcoin was in the form of FinCEN guidance, and they can't make laws, they only give advice. From what I've observed so far, the state has shut down various exchanges for they did not comply with various regulations. Otherwise, I've not noticed any action from the state in regard to Bitcoin.
So far, this is in considering the state. Considering the government that occurs outside the state, I've not seen very many people actively oppose Bitcoin; I have seen several who claim to really not like it (typically followed with "It's a ponzi scheme!") but I've yet to see any actual business openly oppose Bitcoin. Most claim they want to understand Bitcoin more before they integrate the currency into their business. Weighing the amount of businesses and individuals who either accept Bitcoin as of right now or are considering using it, against the amount of people and businesses who have outright said they do not want Bitcoin (or anyone else to use it for that matter), the general consensus is that Bitcoin is good and deep in the green, or in the very least, is not detrimental to people as a whole.
This isn't such a stark contrast, then; the government from the state vs. the government from the people are generally aligned here: "What's Bitcoin?" It's true; most people yet do not have an opinion about Bitcoin, nor has the state given any real statement on the matter.
I'd give it some more time before making a real judgment call; the currency is only 4 years old after all. By the ten year mark, we should have a very clear understanding of where Bitcoin is going. I also apologize if I've missed something recent; I've not kept a close eye on Bitcoin for a month or two now.
I'm hoping the government will not hate bitcoin. Because the government has all the power to destroy bitcoin network. They can create better asics, they have hundreds if not thousands of genius scientist and most of all they can print unlimited money.
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How does the United States Government feel about Bitcoin?
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Answer Grading Rubric:
1)Your opinion.
2)Evidence. (News article, academic journal...etc)
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How does the United States Government feel about Bitcoin?
Free Bitcoin for best answer!!
Answer Grading Rubric:
1)Your opinion.
2)Evidence. (News article, academic journal...etc)
Thank You!
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