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Topic: Government and Bitcoin - page 8. (Read 5798 times)

newbie
Activity: 128
Merit: 0
May 30, 2018, 11:09:51 AM
Governments in many countries have imposed heavy management regulations on Bitcoin, arguing that it and other electronic currencies could be used for illegal activities. But that is just a phobia for the fact that Bitcoin is an intermediary exchange that is out of their control.
newbie
Activity: 23
Merit: 0
May 30, 2018, 11:08:45 AM
It's because of issues with regards to bitcoin. There are so many issues about bitcoin that make a bad impression to other people. Some government thinks that it won't make the economy productive and will not help people.
newbie
Activity: 128
Merit: 0
May 30, 2018, 11:01:44 AM
My analysis gives the result that highly corrupt governments often declare Bitcoin illegal, whereas states with good governance have an extremely legal framework. good with electronic money. Fear of Bitcoins is a network of untrustworthy, decentralized and transparent publicity that may have led many governments to question it.
newbie
Activity: 210
Merit: 0
May 30, 2018, 10:58:29 AM
I think the reason why our government doesn't really rely and expect too much on Bitcoin right now is because of lack of knowledge and awareness to the people in the government then therefore it is their job to educate and spread awareness about the Future In Bitcoin and Cryptocurrency. It is important that the citizens and the government are well-educated about the opportunities in Bitcoin so that we can have more idea on how to improve Bitcoin and help other people to have salary.
member
Activity: 204
Merit: 11
May 30, 2018, 10:54:10 AM
government and bitcoin have been discussed about this because every country has bitcoin regulation, some countries accept bitcoin and some others prohibit bitcoin activity
full member
Activity: 490
Merit: 106
May 30, 2018, 10:49:42 AM
I live in Paris. We have already legalized cryptocurrencies and I am proud in this regard for my country. Thank You.

Congratz for your country.
At least the number of government that accepts and legalized bitcoin increase time by time.
I hope more country can find benefit behind cryptocurrency and blockchain.I think if they wanna search it they will find it because there is so many benefit we can get from blockchain technology.
full member
Activity: 285
Merit: 100
May 30, 2018, 10:33:41 AM
talking about things we often hear that in my country between bitcoin and government are still disagreeing and deserve to have bitcoin and have a good role in every country but it is very difficult to explain because the government is still questioning its existence and I hope this issue will be soon ends Wink
newbie
Activity: 34
Merit: 0
May 30, 2018, 10:10:50 AM
Bitcoin is a decentralized currency which means no one can control it not even the government that is why there is ban in some countries because they don't have access to control bitcoin
newbie
Activity: 98
Merit: 0
May 30, 2018, 10:08:04 AM
It seems difficult to convince a government about bitcoin. Somehow they are sure about the existence of bitcoin, it seems like it takes a long time for the government to believe and accept bitcoin.
newbie
Activity: 70
Merit: 0
May 30, 2018, 09:44:46 AM
When Government cannot put their hands on something, they are are definitely against it. They do not trust soemthing that they do not understand or they do not want to support this because they fully understand what it is and what it can do. Thus, i can say that the  current Government of majority of the countries is afraid, yes they are afraid that bitcoin will be the way that people independently take charge of their money and the government will lose control of it.
newbie
Activity: 69
Merit: 0
May 30, 2018, 09:03:16 AM
Government and Bitcoin. some countries are bitcoin friendly why some are bitcoin foes. it is only some few countries that are in tune with bitcoin therefore bitcoin will strive in that kind of country and vice verse
newbie
Activity: 98
Merit: 0
May 30, 2018, 08:55:53 AM
Bitcoin is really hard to control for countries with weak technology backgrounds!
newbie
Activity: 27
Merit: 0
May 30, 2018, 08:46:56 AM
Why, until now, government all over the world still doesn't trust bitcoin?


The bitcoin doesnt have any taxes thats why the government doesn’t trust bitcoin because they can’t benefit from it
member
Activity: 322
Merit: 11
🚀🚀 ATHERO.IO 🚀🚀
May 30, 2018, 08:20:12 AM
The government and bitcoin have not yet come to terms and agreement , like legalization of bitcoin in the country, the government once bitcoin will be accepted will take control and monitoring of bitcoin activities in a certain country. I do not think bitcoin will agree with what government would like to happen to bitcoin, If bitcoin would not agree with terms then government have nothing to do. Bitcoin is decentralized kind of technology.
newbie
Activity: 210
Merit: 0
May 30, 2018, 08:15:26 AM
Maybe because it is much difficult for the governments to audit transactions, and perform their legal obligations to the society, and because bitcoin is unregulated
newbie
Activity: 39
Merit: 0
May 30, 2018, 08:10:36 AM
governments still do not understand how bitcoin works and also do not want to lose control over money
newbie
Activity: 98
Merit: 0
May 30, 2018, 08:03:22 AM
The Government does not support something they cannot control.



For me bitcoin is a taxable so that government did not trust on bitcoin and we know government scared on bitcoin because theres possible to  replace our currency because bitcoin is good pricing and big chances the price will growth and become popular in every country so that government doesn't trust on bitcoin
newbie
Activity: 4
Merit: 0
May 30, 2018, 05:41:37 AM
The Government does not support something they cannot control.
newbie
Activity: 8
Merit: 0
May 30, 2018, 05:40:44 AM
That's why the government thought BitCoin would break the economy and that the government could not control the bitcoin. But if the government that justifies bitcoin, I do not think you will think that way.
newbie
Activity: 114
Merit: 0
May 30, 2018, 05:38:04 AM
The representative behind Bitcoin is a force that defies the centralization of government and opposes the power of the Internet centrally!
As long as the "government" organization exists for one day, so-called "decentralized currencies" will be subject to government restrictions. Their interests are in conflict with each other.
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