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Topic: Government and Bitcoin - page 30. (Read 5762 times)

newbie
Activity: 37
Merit: 0
May 18, 2018, 06:17:11 AM
many government can't accept bitcoin, because in their belief, bitcoin is a scam. but many government can accept bitcoin its because of the high value of bitcoin. and bitcoin can help the governmet to grow up their economic
member
Activity: 306
Merit: 15
May 18, 2018, 06:03:28 AM
Why, until now, government all over the world still doesn't trust bitcoin?

Many governments are avoided by bitcoins, as they know many people to make their lives easier with Bitcoin even at home, many government workers can stop work. Bitcoin is used by many entrepreneurs to make big investments, and used to trade in different currencies, making Bitcoin to make the lives of many people.
newbie
Activity: 76
Merit: 0
May 18, 2018, 05:47:01 AM
I think there is really a problem when it comes to Bitcoin and government. Some countries still do not allow bitcoin and any other cryptocurrencies in their territory. Just like in Macau, considering that there are a lot of casinos there; still, they don't allow bitcoins to be used in their country.
sr. member
Activity: 2366
Merit: 448
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
May 18, 2018, 05:43:36 AM
Why, until now, government all over the world still doesn't trust bitcoin?

Government and bitcoin are something familiar to talk about, and until when governments and bitcoins are united for the welfare of their people.
because there are always pros and cons to receive bitcoin in this country and there are also some countries that accept and trust bitcoin, and all that is done for the good of the Society because bitcoin can be profitable and also can harm them but it all depends on those who use it.
legendary
Activity: 1218
Merit: 1000
May 18, 2018, 05:30:19 AM
in some countries, there are governments that support bitcoin, because they feel that bitcoin is a digital asset that needs to be developed, because so much demand comes from outside, providing evidence that bitcoin is very good for a development. well, but some countries do not think like that.
newbie
Activity: 7
Merit: 0
May 18, 2018, 05:22:42 AM
It's a very old topic, wich is still up-to-date. So its difficult to say, who's gonna win in the end  Huh
member
Activity: 236
Merit: 39
May 18, 2018, 05:08:45 AM
You can't blame government for having issue about bitcoin and not trusting bitcoin. But don't worry because in some country they are slightly accepting bitcoin and also some country made bitcoin legally for the sake of all user in their country. Maybe someday in all country it will be legal.
newbie
Activity: 106
Merit: 0
May 17, 2018, 09:30:32 PM
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.
member
Activity: 252
Merit: 17
May 17, 2018, 09:07:58 PM
Government and bitcoin and other crypto currency is the most intense topic to talk about right now in crypto currency world. Many crypto currency user like bitcoin are watching to the movement of the government’s maybe because this affects a lot with the price or value of bitcoin and other crypto currencies. For example if one government says that they will close crypto in their land surely all the users in that country will sell their crypto because of fear of losing a lot and if they will do that surely the price or value of the crypto will move. 
newbie
Activity: 10
Merit: 0
May 17, 2018, 08:08:45 PM
Functions are still not quite reliable and still has a risk not good for people who cant immediately buy them.
hero member
Activity: 686
Merit: 500
May 17, 2018, 08:02:08 PM
In my opinion the problem is not that the btc is a new tool. Governments are worried that the BTC is anonymous and can not therefore be governed by current laws. It takes a new paradigm.
jr. member
Activity: 154
Merit: 1
May 17, 2018, 07:51:31 PM
Well, the government still hold the rights to protect of every investor in the country that the economic will be stable. While Bitcoin hide the identity of each user to protect investor from the government who want to tax it.
sr. member
Activity: 812
Merit: 262
May 17, 2018, 07:46:24 PM
The battle between Bitcoin and government has lasted for so long and it continues as there are attempts by the governments to control the free and independent Bitcoin, Most governments are yet to give it green light, but some have moved ahead to give it the green light
I agree, there are some government who accept bitcoin and there are some who did not. Government and bitcoin was kne of the great issue that we are talking here in the forum because there are good and bad possibilities that may happem. Just like what happen to other country it was being banned by the government.
jr. member
Activity: 217
Merit: 5
May 17, 2018, 07:41:09 PM
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.
sr. member
Activity: 547
Merit: 253
May 17, 2018, 07:32:28 PM
Is there any problem with the Government and Bitcoin itself? Technically, their isn't. We must always remember that Bitcoin is a decentralized one, which means no one owns it, no one controls it, or no one even can manipulate it. So yes, Government should not have any problem at all with it. Yet as time passes by, bitcoin has become more than its purpose of existence, beyond from being a medium of remittance without any third party involvment, a investment. One thing I can only assure why some Government do not trust or believe in bitcoin is that it is on the underground economy, it means people or citizens of certain country gains money without any paying taxes.
full member
Activity: 311
Merit: 100
May 17, 2018, 07:24:49 PM
Hello. indeed, governments can not track bitcoin, I think this is one of the reasons why governments do not trust bitcoin and the crypto world in general. The crypto world can fund acts of terrorism, kidnappings, assassinations, and other such torture
cryptocurrency is anonymous but it depends on everyone who uses it, many people also use cryptocurrency well and even the government has also started applying the system blockchain applied bitcoin
member
Activity: 210
Merit: 10
May 17, 2018, 07:17:32 PM
The reason for this action by the government against bitcoin is basically because bitcoin is decentralised and more so the government wants to have full control over the currencies. So there are plenty issues of the government with bitcoin.
Yes, Bitcoin is not under control of goverments and that's why they're hating and putting Bitcoin in the prohibition area which for illegal stuffs, but at least there are some countries already adopted Bitcoin and later there will be more soon.
full member
Activity: 322
Merit: 100
May 17, 2018, 06:22:35 PM
Hello. indeed, governments can not track bitcoin, I think this is one of the reasons why governments do not trust bitcoin and the crypto world in general. The crypto world can fund acts of terrorism, kidnappings, assassinations, and other such torture
member
Activity: 378
Merit: 10
May 17, 2018, 05:31:38 PM
The reason for this action by the government against bitcoin is basically because bitcoin is decentralised and more so the government wants to have full control over the currencies. So there are plenty issues of the government with bitcoin.
full member
Activity: 630
Merit: 100
May 17, 2018, 05:20:14 PM
they think by this process money laundering will increase .
they didn't get tax's by this process .
and so  many causes here.
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