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Topic: Government and Bitcoin - page 25. (Read 5782 times)

full member
Activity: 406
Merit: 117
May 22, 2018, 11:22:00 AM
Why, until now, government all over the world still doesn't trust bitcoin?

Why until now there are still people, don’t see the bright help of the bitcoin and why there are allot of scammer? By the way. The government is still don’t trust the bitcoin, or we can say all the cryptocurrency because they do not accept the real help of the new generation of currency. I think the main problem why the government allows them because of the decentralized design of the bitcoin. They don’t have a control on it and too hard to them to trace the person because the coins are using the called address.
sr. member
Activity: 1638
Merit: 300
May 22, 2018, 11:18:18 AM
Bitcoin in decentralized and no one has the authority to control it and I don't think I'd Government can have power over it. Well, the only thing Government can do is the regulate it.

That is right. Government will never be the authority or control Bitcoin and other digital currencies since these currencies are decentralized but they are the one who will be deciding whether to regulate that certain digital currency or not.

In our country, Bitcoin is being legalized, not just being legalized but it is becoming popular to people but as the other popular things in life, even celebrities had their own haters and it is the same on Bitcoin.
newbie
Activity: 303
Merit: 0
May 22, 2018, 11:12:56 AM
Bitcoin in decentralized and no one has the authority to control it and I don't think I'd Government can have power over it. Well, the only thing Government can do is the regulate it.
member
Activity: 252
Merit: 10
May 22, 2018, 11:11:55 AM
I think bitcoin still does not make sense to 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.
newbie
Activity: 101
Merit: 0
May 22, 2018, 11:02:04 AM
Real bitcoin management does not easily when the anonymous interface, make up the tax and manage Bitcoin transactions?
member
Activity: 350
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
May 22, 2018, 10:51:36 AM
The battle between Bitcoins and the government is one that is not coming to an end anytime soon. most governments see it as a threat to the national  economy as its huge transactions are almost impossible to tax. some also argue that bitcoins fuel criminal activities as its used as form of pay for criminal groups
member
Activity: 168
Merit: 10
May 22, 2018, 10:38:18 AM
In my country bitcoin is still not legalize is because, government dont earn anything when a people have a bitcoin. If you know GDP is that when money from other country thats whay you called gdp and government earned there. While in bit was not, therefore that if bitcoin gives profit to a country maybe they will legal it. Corrupt Goverment especially on ours.
newbie
Activity: 70
Merit: 0
May 22, 2018, 10:31:30 AM
Why, until now, government all over the world still doesn't trust bitcoin?


Because every government holds on to its own national currency. and I think the government still thinks that bitcoin is a scam and the government can not see its good side of bitcoin. so just wait for the policy of the government itself  Grin
newbie
Activity: 62
Merit: 0
May 21, 2018, 01:57:04 PM
Кoгдa yжe биткoин бyдeт peгyлиpoвaтьcя?И вce бyдyт нe бoятcя зaxoдить в этoт pынoк.
newbie
Activity: 44
Merit: 0
May 21, 2018, 09:43:09 AM
We are waiting for the final decision from the G20 summit
newbie
Activity: 95
Merit: 0
May 21, 2018, 09:42:42 AM
Actually, the government and bitcoin are now very contradictory and every country has a reason about bitcoin activity as if bitcoin is not accepted by it.
member
Activity: 207
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
May 21, 2018, 09:41:53 AM
To be fair they haven't been too bad, most major countries haven't interfered much atall.
newbie
Activity: 23
Merit: 0
May 21, 2018, 09:40:25 AM
Government will have to trust bitcoin ...
newbie
Activity: 50
Merit: 0
May 21, 2018, 09:32:17 AM
are two divergents


I think the Government generally will not support or accept bitcoin in this regard and they will do anything to prevent that from happening.
When you have a network system that is directly a possible replacement for the current financial system or one day will damage your grip and control, will you trust it in the first place? Actually I have to turn the word into a threat to be more precise.
member
Activity: 476
Merit: 12
May 21, 2018, 09:16:12 AM
Because every government holds on to its own national currency. Bitkoyn is stopping them. But at the same time Bitkoyn can not be stopped. Even if all the countries of the world forbid it, it will not disappear anyway. Bitcoin is digital gold, so you have nothing to fear. He will defeat all governments and will be the most valuable asset in the new world.
newbie
Activity: 102
Merit: 0
May 21, 2018, 09:00:07 AM
The world has many countries accept and believe in bitcoin, but many countries still do not believe in Bitcoin virtual currency because many risks can be encountered.
newbie
Activity: 98
Merit: 0
May 21, 2018, 08:58:28 AM
One thing I can only assure why some Government do not trust or believe in bitcoin is that it is on the underground economy.
jr. member
Activity: 78
Merit: 1
May 21, 2018, 04:47:19 AM
I believe that time will come ,there will be a good things happened between the bitcoin and governments in many countries. Legalization of bitcoin will be settled,and many people will be benifited.
newbie
Activity: 238
Merit: 0
May 21, 2018, 03:45:45 AM
The government-issued currency will no longer be valid
legendary
Activity: 2674
Merit: 1048
May 21, 2018, 03:42:37 AM
Why, until now, government all over the world still doesn't trust bitcoin?

many news and results from bitcoin are always related to criminality and the government may be afraid of inflation of the local currency of the country it is in my opinion in my country bitcoin is not prohibited to be accessed but prohibited for transactions directly as payment system
If the government sees a technological development with one side as such it is the wrong way. There is no evidence that bitcoin will cause a country to become inflation, let alone make the national currency will be destroyed, this is only part of FUD as such. As a cryptocurrency user you should have to understand which information is true of government opinion or just a false sense of someone who always makes FUD.
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