Topic: Government and Bitcoin - page 13. (Read 5798 times)
The government does not want any currency that can not be controlled therefore they banned bitcoin.
I think they do not really believe in bitcoin because they do not know technology like bitcoin and do not know yet or it can not be said to see directly how bitcoin transactions are created and it is also possible that governments are afraid if bitcoin is used for money laundering. 
Why, until now, government all over the world still doesn't trust bitcoin?
Trust is earned not given.. bitcoint still has ongoing development the reason why until now government do not trust bitcoint.country rules is bound to protect the rights and interest of the people, while block chain relies decentralization. In which government do not agree with!
government and bitcoin have been discussed about this because every country has bitcoin regulation, some countries accept bitcoin and some others prohibit bitcoin activity.
I think the government generally will not support or accept bitcoin in this case and they will do anything to prevent it happen. when you have a network system that directly the substitute that may be for the financial system now or one day will damage grip and control you have, would you believe in the first place? actually I have to change the said to be a threat to be more appropriate.
im just wondering if it is that they dont trust it or are just waiting to adopt it when the timing is right....
Why, until now, government all over the world still doesn't trust bitcoin?
People answered this question many times, Because of decentralization of bitcoin governments are afraid to legalize it in their country because they don't have control on these transactions so people can use this for money laundering etc.
Govt. of All over the world can't make money from it by tax.
That's why they saying its dangerous, risk etc all the stuff.
people do it listening to govt. but they know its Decentralized system.
That's why they saying its dangerous, risk etc all the stuff.
people do it listening to govt. but they know its Decentralized system.
because bitcoin can not be brought into the realm of politics or power in a government. Bitcoin obviously showed them better than banking. bitcoin has its own economic outlook, by promoting joint justice by all the bitcoin owners themselves. government is too long-winded.
Still, some governments already legalize cryptocurrencies. I think it's a matter of time. And the digital war for the leading positions among the governments will begin soon.
The government has always tried to control the activities of bitcoins as well as to control transactions and individuals who hold the money they want the millionaires to pay taxes on.
for me we do not need recognition from the government at all. We can make this community bigger and bigger everyday by ourselves without depending on the government.why not make sense because the price is fantastic and the increase is quite high. It may be too dangerous for a country's economy.
It's because of issues with regards to bitcoin. There are so many issues about bitcoin that make a bad impression to other people. Some government thinks that it won't make the economy productive and will not help people.
why would the government like bitcoin they cannot regulate or control it, just like marijuana it will never be federally legal until they can find a way to make money on it, tax or control it, fuck the government.
Why, until now, government all over the world still doesn't trust bitcoin?
Because, not many people are using bitcoin as a currency and still not many are familiar with bitcoin. May be one day, when most people around the world use bitcoin as a currency, the government will trust about bitcoin as a digital currency in each country in the world.
Actually bitcoin is new in the market.this way don't depended a solid percentage . this means that if the government can't control it, then the government won't deal with it since it gives them no benefit
The battle between Bitcoins and the government has been here for period of time. Because a lot of bad people who use bitcoin to store the proceeds of crime in the bitcoin and this makes government and bitcoin have a little trouble.
In my view, I think why the government still doesn't trust Bitcoin is because Bitcoin is decentralized and doesn't speak to any authority. On the other hand the government needs to be in control to make sure its ruling over something. Bitcoin can be a threat to them and they're playing safe around it. But don't see this as a bad thing. Both parties are just doing their roles and we don't need to be bothered because in their conflict there would be only little effects.
I hope that government and bitcoin can synergism to immediately legalize bitcoin, if the government legalize bitcoin then it can bring prosperity to all people and certainly can reduce poverty.
Many countries already recognize bitcoin as an investment. Not all governments are against Bitcoin, many will accept it because they know that they can get a lot of money on taxes if they grow.
But another country Where Bitcoin is banned there if you are waiting for the governments to make bitcoin legal than you will have to wait a long time.
But another country Where Bitcoin is banned there if you are waiting for the governments to make bitcoin legal than you will have to wait a long time.
I don't think the goverment want Bitcoin become currency in their country
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