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Topic: Government and Bitcoin - page 4. (Read 5762 times)

full member
Activity: 392
Merit: 100
May 31, 2018, 06:13:43 PM
I also do not understand why the government still does not believe in bitcoin, whereas currently there are many countries that support existence of bitcoin. So if the government still does not believe, we should try to convince them.
member
Activity: 228
Merit: 10
May 31, 2018, 06:13:07 PM
Because there is still some time needed for everybody to consider bitcoin currency as properly, most peopl eare not ready
member
Activity: 728
Merit: 10
May 31, 2018, 05:59:55 PM
Because the government is afraid of the development of bitcoin is increasing so that the economy of a country or government will decline. And also many government officials are misusing for a crime such as corruption so that the corrupt results can be invested into the bitcoin that they think.
sr. member
Activity: 868
Merit: 266
May 31, 2018, 05:28:26 PM
Why, until now, government all over the world still doesn't trust bitcoin?


Hey, it's now 2018 and things have changed! Bitcoin is trusted, and governments recognize him in different countries. For example in Japan, Germany and Switzerland and a number of others.
Most governments have come to the realization that Bitcoin is no longer a threat at all and they have seen that with cryptos, they have found a way that they can get some revenue from crypto users/
member
Activity: 196
Merit: 10
May 31, 2018, 04:54:36 PM
There are some countries, which are more Bitcoin friendly, others I guess are just afraid of being out of control.
member
Activity: 98
Merit: 28
May 31, 2018, 04:51:28 PM
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.
member
Activity: 168
Merit: 11
BOOSTO.io & CryptoInfluence.io
May 31, 2018, 04:05:17 PM
bitcoin makes people free. I think the government is afraid that people will become more free and independent from countries.
newbie
Activity: 119
Merit: 0
May 31, 2018, 02:53:29 PM
the government is afraid because the currency is still new they are afraid this is a money laundering field and that will happen just a lot of corruptors who rampant, with this government is also afraid jug can not control it
newbie
Activity: 47
Merit: 0
May 31, 2018, 02:43:47 PM
 Smiley Smiley The government does not have time to bother at this point. By applying manpower, the government can understand its meaning. Only then can the government understand. What is actually the bit coins Understand how much profit will the government have.  Smiley Smiley
newbie
Activity: 280
Merit: 0
May 31, 2018, 02:18:36 PM
The government have faced the trouble with bitcoin and they have try to banned bitcoin in their bitcoin and do not now allow the bitcoin for payment transaction. The government have reason to banned bitcoin because it most risk for their people and will be most loss their people money by investment in bitcoin because bitcoin price always low and high and could not take control it. But the government have see the other site of bitcoin could high.
jr. member
Activity: 94
Merit: 4
May 31, 2018, 02:15:06 PM
It is not all over the world anymore because some countries are already accept bitcoin in their place. But majority the government for every country does not like bitcoin and its OK as long as there is changes that is a big success for btc.
newbie
Activity: 56
Merit: 0
May 31, 2018, 02:12:37 PM
It is something may be government think they will not going to control that's why i think.
newbie
Activity: 91
Merit: 0
May 31, 2018, 01:16:44 PM
Many governments around the world have the same reason why they are not legalizing bitcoin on their country, one of the biggest reason is that it can be used bad things or laundering so thats why they are not convinced enough that those things are not the reason why bitcoin is invented, they are just convinced to the thinking that "it can be used on that kind of thing" however, some countries legalized it because maybe they are confident or capable of handling if this kind of bad things occurs but of course mainly, they see how bitcoin can actually help their people on their daily lives and thats a very good thing as a country being open to this such oppurtunities and accepting that this is the future now
newbie
Activity: 34
Merit: 0
May 31, 2018, 01:09:13 PM
the king of crypto bitcoin is going much popular than before and hope it will more.
but the goverment of some country ban bitcoin for  some reason like financial system will fall down.because of bitcoin  the govermemt is not getting tax from people and their tax amount is coming lower...so they ban bitcoin from the country.
but some some country allow bitcoin and they also.declared that big budjets. transaction will be in digital currency..
some countrys goverment is with bitcoin and some are not....





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.
sr. member
Activity: 574
Merit: 250
May 31, 2018, 01:04:27 PM
Why, until now, government all over the world still doesn't trust bitcoin?


Perhaps one of the main reasons for bitcoin is a decentralized currency, meaning that no one or government can control it, this means that if the government can not control it, the government will not like it because it does not benefit the government. for example, the government can not get tax money from all activities that use bitcoin. and in my opinion not only bitcoin currency that is not trusted by the government. all cryptocurrencies may not be trusted by the government unless they have been adopted by them.
jr. member
Activity: 168
Merit: 2
May 31, 2018, 12:57:21 PM
it is better that the government in the world already has received the bitcoin. and some still can not accept bitcoin, especially in Indonesia. because they the governments are still learning the positive and the bigger negative impacts. for the future of the nation and the country .
newbie
Activity: 91
Merit: 0
May 31, 2018, 12:55:38 PM
There are some problem to reason of don't accepting bitcoin. Actually some terrorist are use bitcoin for their transaction. Also the main problem is there are no central bank who maintain bitcoin. That's why Gov. doesn't trust bitcoin.
newbie
Activity: 101
Merit: 0
May 31, 2018, 12:53:41 PM
People are afraid of everything unknown, so it is sufficently hard for bitcoin and all the cryptos to become beliveable for everybody. And I also think, that government does not unbelieve it. It is scared of it, as bitcoin is much more clear for participants neither traditional financial system
newbie
Activity: 43
Merit: 0
May 31, 2018, 12:45:07 PM
Because the government thinks bitcoin will disrupt the economy and the government thinks they can not control the bitcoin so that's why. But if the government that legalizes bitcoin I do not think it will think that way.
jr. member
Activity: 280
Merit: 1
May 31, 2018, 12:38:17 PM
bitcoin is new for many countries. and they do not trust her. And if the government is spoiled, they will never accept bitocoins. But I think that the government should be involved in bitkoy and begin to accept and accept it, as well as to understand the society about it.
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