I've heard many of my companions say the bitcoin is the greatest invention in the decade.. But I wonder why every country don't accept this as a legal currency in their general transactions?
Bitcoin and other decentralized crypto currency can not be fully controlled by the state. In addition, it has high volatility. Therefore, it is very inconvenient for the state, including for use by state bodies. It is very convenient for citizens, but not for legal entities and authorities. Therefore, the state can allow its circulation in its territory, but it will never take practical measures to maintain it. Most likely, the states will further use their centralized crypto currency. 
Topic: General use of bitcoin as a legal currency - page 5. (Read 16840 times)
Bitcoin isn’t a currency and unless it becomes one it could be worthless. Bitcoin is in decline. Not its price, which has almost reached 20k US dollars per unit last year, but its actual use as a currency. And this makes its rapid appreciation all the more puzzling. In my opinion, government agency should start implementing laws to accept bitcoin as currency before its too late.
Why do you think that the government needs to save bitcoin? Lol. They will observe from the side without losing anything at the same time. They never acknowledge it as a currency to prevent trade with bitcoins. Such operations are difficult to control. Governments do not make efforts to destroy bitcoin only because we spend bitcoins only after the exchange for Fiat.
Bitcoin isn’t a currency and unless it becomes one it could be worthless. Bitcoin is in decline. Not its price, which has almost reached 20k US dollars per unit last year, but its actual use as a currency. And this makes its rapid appreciation all the more puzzling. In my opinion, government agency should start implementing laws to accept bitcoin as currency before its too late.
from an article I read about why the state has not legalized digital money, one country's central bank says the digital currency has disrupted the current financial system, and some say more and more virtual currencies are used in crime, such as drug trafficking , but over time tomorrow may be different story ..
I've heard many of my companions say the bitcoin is the greatest invention in the decade.. But I wonder why every country don't accept this as a legal currency in their general transactions?
I think the government has no control over digital money, so there will be barriers.
I've heard many of my companions say the bitcoin is the greatest invention in the decade.. But I wonder why every country don't accept this as a legal currency in their general transactions?
I think the government has no control over digital money, so there will be barriers.
Yes of course it’s possible for special investigate authorities to take users personal data for their investigations,if it wasn’t right there would be a big risks and problems related to public safety. Even,if exchanges have not the requirements ( personal information) they can find the author of transactions because of its pseudo anonymous nature, but its not about coins such as monero,zcash,etc.
I've heard many of my companions say the bitcoin is the greatest invention in the decade.. But I wonder why every country don't accept this as a legal currency in their general transactions?
I think the government has no control over digital money, so there will be barriers.
I've heard many of my companions say the bitcoin is the greatest invention in the decade.. But I wonder why every country don't accept this as a legal currency in their general transactions?
I think the government has no control over digital money, so there will be barriers.
Fiat is completely under the control of the government. Central banks can regulate the amount of money in circulation and thereby withdraw part of the savings from the population. Cryptocurrencies do not allow this. This is the main reason why cryptocurrencies will never be recognized by governments as a currency.
I've heard many of my companions say the bitcoin is the greatest invention in the decade.. But I wonder why every country don't accept this as a legal currency in their general transactions?
indeed there are some countries that legalize bitcoin as a public transaction in their country but not all countries legalize there are some who disagree with the existence of bitcoin there in their country as a tool of transactions because seen from the various deficiencies that still can not be resolved which will have an impact on the country.
system of all crypto is closed for governments, it was the main idea of creators. so it only works personally i think, the money is in save
you must think about all crypto, for why it was created and how it works, only after that you and only find the answer for that question
The Russian government believes that the crypto currency is perfectly suited for money laundering, the financing of terrorist organizations. Control over the distribution of crypto currency occurs with some difficulties, so this currency is considered a threat. The Prosecutor General's Office passed a law that says that bitcoin is outlawed.
The ruble is the only official currency in Russia, and bitcoin is considered a substitute for real money. Therefore, the crypto currency can not be used officially by firms or individuals.
No, I dont think the people would go against cryptocurrency, not only in Russia, but in other countries too. The government would always be the first to go against anything that would contradict their set of rules and regulations. What the other guy said was true, Bitcoin could be a subject to any crimes just like what he have mentioned, but a certain steps could turn things around and will become something good to have than being a threat. And yes, the Russian government is finalizing the law and regulation for Bitcoin to become accessible to all Russian citizen.
I am sure that the government will oppose in accepting bitcoins as a currency that will replace fiat. If bitcoin will be legalize and be accepted as payments by many, then that will be the time that it will be hard for the government to trace the revenue for taxes. And that would bring the economy down which is not good as a whole because the scenario will be the rich becomes richer and the poor becomes poorer in the end.
What if it will help the economy to boost because they made a new regulation that doesn't oppose to the general rules and laws including the AML? Some of us are looking on the front side of the story but forget to look at the backside of it. If only all people can think differently and not just some same bandwagon team.
I am sure that the government will oppose in accepting bitcoins as a currency that will replace fiat. If bitcoin will be legalize and be accepted as payments by many, then that will be the time that it will be hard for the government to trace the revenue for taxes. And that would bring the economy down which is not good as a whole because the scenario will be the rich becomes richer and the poor becomes poorer in the end.
I've heard many of my companions say the bitcoin is the greatest invention in the decade.. But I wonder why every country don't accept this as a legal currency in their general transactions?
The states have not yet finally decided what is the crypto currency and what status it should have. What is it all about - money, goods, property. financial asset? Until this issue is finally resolved, it's too early to think about its status at the international level. Crypto currency is still a completely new phenomenon in the world of finance, and here nothing hastily should not be solved. Since the crypto currency provides a lot of problems and inconveniences for the state, this process will take a very long time. 
They started to accept it. It is not an easy job for them. If you want to make a good job and maintain the system in your country you need regulations. And regulating cryptocurrency is not at all. And we have other factors like rich corrupted people that don't want to share their power with no one.
when bitcoin is legal it means there is a habit that they continue to use bitcoin with a large enough user capacity when it happens then the fate of conventional money will be questioned because the majority of the population uses bitcoin as a means of transaction.
I've heard many of my companions say the bitcoin is the greatest invention in the decade.. But I wonder why every country don't accept this as a legal currency in their general transactions?
Not, in every single countries not legal in btc transaction.Some countries it's officially illegal BTC transaction you search google a lot of news here about in which countries it legal or illegal. Jump to: