Topic: Government and Bitcoin - page 36. (Read 5800 times)
Governments are greedy for the control and thus they will never allow anything that can cause the threat to their ambition of controlling every aspect of our life. It will aaffect them in long run to compete with the developed world. Currently Bitcoin is helping people and I hope the government can see this.
The government and the bitcoin are always compared, because there is a lot of news that the government is banning bitcoin in some countries. But there are also countries whose governments allow bitcoin in the country. Maybe the government that banned the bitcoin did not want to risk that bitcoin would disrupt their economy.
In 2017, Japan’s Financial Services Agency confirmed that Bitcoin and several cryptocurrencies would be “legally accepted as means of payment” in the country. Other countries have even launched national cryptocurrencies to compete with Bitcoin, like Israel’s “Digital Shektel,” Venezuela’s “Petro,” and Russia’s upcoming “CryptoRubles.” 
The government and the bitcoin are always compared, because there is a lot of news that the government is banning bitcoin in some countries. But there are also countries whose governments allow bitcoin in the country. Maybe the government that banned the bitcoin did not want to risk that bitcoin would disrupt their economy.
Many do not notice this, but now there is an invisible war between the state and Bitcoin. Those who deal with crypto-currencies have gone head over into their problems and news about them.
Why, until now, government all over the world still doesn't trust bitcoin?
Governments can come up with regulations to govern the cryptocurrency sphere, although some bitcoin enthusiasts say that this can destroy the viability of the system.there is no asset backing the value of bitcoin. The cryptocurrency’s value is simply determined by supply and demand.it is the decentralized nature of bitcoin that gives it a higher potential for more secure transactions.
I think the current government still does not agree and does not provide ratification about the circulation of bitcoin because I think bitcoin can not be trusted by the government, and it seems the government wants to try to ask for the results of the benefits of bitcoin when it is clearly not going to be so that the government does not like it.
I think the Government's relationship with bitcoin later this is rather bad 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.
I think if the governor would soon accept the bitcoin for its deal, there are already some countries that accept the bitcoin deal because they have also put in place the legal framework for digital money to work in. The extent to which they can be controlled somewhat
Bitcoin offers an alternative to the conventional, state-sanctioned banking system. Maybe that's why powerful institutions are so wary of it.
Yes, the bitcoin and government battle has been around for a long time, because they are afraid of losing their currency and they can not control it and the bitcoin has a bad reputation in view of it's fraud, but I think the bitcoin should be moderately moderated so that the government would not be too proprietary to eliminate some negative things.
Well it will take time for them to gel together
I think this is because there is no agreement and one understanding between the way the government works with bitcoin work. If each other is able to adapt, then both will complement each other. it's just a matter of time.
It is not about trust, they don't like things they can't control. They cannot have control over bitcoin for now but if they can find a way to do that the transition would be more rapid for sure.
The battle between Bitcoins and the government has been here for period of time, This is one that will determine the fate of BTC as if its lost,there will be alot of regulations on it, hopefully an amicus agreement will be reached at that benefits both parties.
Why, until now, government all over the world still doesn't trust bitcoin?
Because the people in the government are so busy keeping their pockets full that they miss to keep themselves informed of the new developments in the world. I am appalled that a lot of the people in the banking sector, in the government, in the central banks, and other relevant agencies of the government are fully ignorant of Bitcoin or cryptocurrency. This somehow affects the image of crypto in their country or it keeps it hanging.
I think they need study first how safe bitcoin to all people who invest or buy btc, and how bitcoin help other people specially poor people, but i think in the future some government accept bitcoin ,,so we wait for that to happen.
If governments understand the potential of blockchain they can save a big chunk of their GDPs. Than the funds can be used for the betterment of the society. But despite adopting the blockchain technology they are keep on cracking it down. I wish by 2020 all of the world may shift to the blockchain technology 
Why, until now, government all over the world still doesn't trust bitcoin?
I think the government is still having trust issues whether to integrate bitcoins in their economic system due to the volatility. We can't blame them, though. Bitcoins are still crazy volatile that's why they can't have something like thag destabilizing the whole economic system.
The battle between governments and Bitcoins is an interesting one,yet it wil determine the fate of the coin, if the governments embrace BTC then it will be good news for Bitcoins and its investors, if not then we will be on the losing side, and lots of value will be lost
because the view of bitcoin is very bad, even the media write news hoax news for bitcoin
they cause the reputation of bitcoin to fall, when in fact, bitcoin is the result of technological developments
we just need to refine it again
they cause the reputation of bitcoin to fall, when in fact, bitcoin is the result of technological developments
we just need to refine it again
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