Topic: Government and Bitcoin - page 54. (Read 5782 times)
Bitcoin would encourage more money laundering due to the anonymity it provides. Regular people still don't understand Bitcoin and think of it as some kind of scam.We need more public awareness about Bitcoin and spread the words on social media and other platforms to let the know the world, Bitcoin is revolutionary invention more advanced and more secure crypto currency as time will pass we will see more adoption about Bitcoin.
Because they cant control it. Its decentralized and governments will never trust anything which is decentralized. People think governments are to help them grow but most of the time they just control everything and growth is just a propaganda.
Why, until now, government all over the world still doesn't trust bitcoin?
I think the government has a reason maybe one of them is bitcoin is a currency that is not yet known by ordinary people, and maybe the government is also afraid of fund raising for criminal acts because bitcoin has not had security inside
Ministry of Finance: In 2018 in Russia legalized bitcoins!!!
The Ministry of Finance is planning to legalize bitcoin and other crypto-currencies in Russia in 2018. The goal is to take virtual currencies under control so that they can not be laundered or illegally withdrawn. Just a year ago, the ministry proposed to deprive citizens of their freedom for using bitcoins.
The Ministry of Finance is planning to legalize bitcoin and other crypto-currencies in Russia in 2018. The goal is to take virtual currencies under control so that they can not be laundered or illegally withdrawn. Just a year ago, the ministry proposed to deprive citizens of their freedom for using bitcoins.
Why, until now, government all over the world still doesn't trust bitcoin?
I think the government has a reason maybe one of them is bitcoin is a currency that is not yet known by ordinary people, and maybe the government is also afraid of fund raising for criminal acts because bitcoin has not had security inside 
bitcoin is a digital currency . it is money in the digital world. inorder to make it stable currency it should be utilized by many number of people for a longer time. when something becomes famous it is automatically used by several other people. the government will recognize its value when the whole world starts using it and hence it will be stable.
When the government has recognize bitcoin, he will ask the high tax for that. Government always make a tax for anything from his people. I think bitcoin doesn't need intervention from government.
Hello everyone, in Russia the government is trying to take control of the crypto currency market. I'm not sure that they will manage to do this, but it does not please me
Why, until now, government all over the world still doesn't trust bitcoin?
In the world, different country has own government and I could say that they have different ideas, thoughts and descriptions in many things and bitcoin system is one of this. We all known that there are some countries that enjoying the totally adapting to bitcoin and some others are still banned bitcoin and the worst thing is they do banned it. I believe that there are many reason why some of them doesn't trust bitcoin and the main reason of it is they can't afford to go in the risk that bitcoin has it and maybe they afraid because of having it a high volatility.
I thought about some tim ago, and it's hard. At least for government-backed banks, because banks have a lot of business like example loans, saving and etc..
Well, for now, many countries support bitcoin. this will make bitcoin more popular, and its use will be better. well, hope all countries will receive bitcoin in a few years, and start using it together. 
I thought about some tim ago, and it's hard. At least for government-backed banks, because banks have a lot of business like example loans, saving and etc..
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I don't know what is going to happen re Bitcoin nor the government's actions...
Based in what I think I know(!), it looks like BTC is not a .gov set-up for a digital-only currency to be levied upon us. I hope I am correct on this, it seems to be the prevailing opinion here that BTC is not some NSA/IRS conspiracy...
Assuming the above is true (but be careful re ass-u-me), the question then becomes what will .gov do about it? There are already some IRS statements on BTC as an asset, but I have yet to figure out what and how they (IRS) will handle BTC.
* * *
Are there any tax lawyers in the house here?
I don't know what is going to happen re Bitcoin nor the government's actions...
Based in what I think I know(!), it looks like BTC is not a .gov set-up for a digital-only currency to be levied upon us. I hope I am correct on this, it seems to be the prevailing opinion here that BTC is not some NSA/IRS conspiracy...
Assuming the above is true (but be careful re ass-u-me), the question then becomes what will .gov do about it? There are already some IRS statements on BTC as an asset, but I have yet to figure out what and how they (IRS) will handle BTC.
* * *
Are there any tax lawyers in the house here?
Well, the governments run on fiat currencies. The government has control on all the economic activities that its own country runs. With Bitcoin, you don't have that control anymore. It's decentralized, the government would never adopt something that goes against its own economic system, banks, ect.
https://www.reddit.com/r/Bitcoin/comments/33gogm/why_governments_dont_trust_bitcoin/
funny. I just read that like a hour ago.
funny. I just read that like a hour ago.
im just wondering if it is that they dont trust it or are just waiting to adopt it when the timing is right....
I know they have to see the overall value in it, also the fact that it can be mined cheaper and more environmentally friendly than any other precious metals that are being mined...
I believe it is a little bit of both but mainly a distrust for something they cant control.
https://www.reddit.com/r/Bitcoin/comments/33gogm/why_governments_dont_trust_bitcoin/
funny. I just read that like a hour ago.
funny. I just read that like a hour ago.
im just wondering if it is that they dont trust it or are just waiting to adopt it when the timing is right....
I know they have to see the overall value in it, also the fact that it can be mined cheaper and more environmentally friendly than any other precious metals that are being mined...
bitcoin is a digital currency . it is money in the digital world. inorder to make it stable currency it should be utilized by many number of people for a longer time. when something becomes famous it is automatically used by several other people. the government will recognize its value when the whole world starts using it and hence it will be stable.
When the government has recognize bitcoin, he will ask the high tax for that. Government always make a tax for anything from his people. I think bitcoin doesn't need intervention from government.
I fully agree. BTC is a revolution, a reaction to centralizated systems !
bitcoin is a digital currency . it is money in the digital world. inorder to make it stable currency it should be utilized by many number of people for a longer time. when something becomes famous it is automatically used by several other people. the government will recognize its value when the whole world starts using it and hence it will be stable.
When the government has recognize bitcoin, he will ask the high tax for that. Government always make a tax for anything from his people. I think bitcoin doesn't need intervention from government.
bitcoin it still new,
and its very not stable in price than the other currency...
but its not an argument for not letting people to use it in some countriesand its very not stable in price than the other currency...
The Government uses peoples fear of the unknown to its advantage.
bitcoin is a digital currency . it is money in the digital world. inorder to make it stable currency it should be utilized by many number of people for a longer time. when something becomes famous it is automatically used by several other people. the government will recognize its value when the whole world starts using it and hence it will be stable.
Bitcoin is still ethereal and mysterious to many people. Many people get their news from the press, hearing the talks about the illegal activities and the rise and crash of the price. If any acceptance is to happen it will have to be after a renewal of information.
That's true bad news travel faster then good news. People are just looking at the news that media is providing them and they just start to believe it without any research or investing their knowledge in it and Government is supporting media to do so as Govt is also against the bitcoin.
The people who publish the news rarely publish positive stories because they bore people. They publish negative stories about crime, violence and drugs because people want to read those types of stories. There are positive and negative sides to Bitcoin use, but the news is only interested in publishing stories about the negative side.
They publish the news that get attention and revenue.
Bitcoin is still ethereal and mysterious to many people. Many people get their news from the press, hearing the talks about the illegal activities and the rise and crash of the price. If any acceptance is to happen it will have to be after a renewal of information.
That's true bad news travel faster then good news. People are just looking at the news that media is providing them and they just start to believe it without any research or investing their knowledge in it and Government is supporting media to do so as Govt is also against the bitcoin.
The people who publish the news rarely publish positive stories because they bore people. They publish negative stories about crime, violence and drugs because people want to read those types of stories. There are positive and negative sides to Bitcoin use, but the news is only interested in publishing stories about the negative side.
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