Topic: Government & Bitcoin - page 2. (Read 70853 times)
As long as countries allow bitcoin to be used by merchants or to transfer or store money, then I think bitcoin will be fine. So far that's basically what's happening in a lot of countries. Bitcoin just needs to be more well known so more people will use it.
The government has a lot of opportunities to use blockchain technologies and crypto currencies. So far, few countries are implementing these technologies, but many states are beginning to take the first steps toward legal regulation of the crypto market. Many are now following the example of Venizuela and the way their experiment is progressing.
The government and bitcoin have to work together to with bitcoin can change the economy of a state, because if the government did not given permission bitcoin in their it will be difficult for people to access bitcoin and turn their economy be better
Sometimes government dont want change because they have... bussiness with bank... but soon or later, like it or not, they will have to accept bitcoin.
The government and bitcoin have to work together to with bitcoin can change the economy of a state, because if the government did not given permission bitcoin in their it will be difficult for people to access bitcoin and turn their economy be better
Sometimes government dont want change because they have... bussiness with bank... but soon or later, like it or not, they will have to accept bitcoin.
Bitcoin that is a positive must be in received
The sharing economy is just going to continue to grow, and governments will be challenged to understand and manage its implications while embracing its benefits. However, governments will be at a significant disadvantage if they wait too long and newer technologies and markets will have already been developed that do not follow traditional models. Think of the following: Uber is the world’s largest taxi service and owns no cars. Airbnb provides lodging yet does not own real estate.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
off course, Bitcoin is the future currency. Government must addopted it.because crypto is digital currency for transactions.
The government and bitcoin must be interconnected because the government can still set the development of the it might even I think that the government could banned bitcoin in access in his country, but like her it is not possible because like any bitcoin will be able to help the economy of the residents in a state
Governments are constantly faced with changes in the environment: Political, economical, legal, medical... The sharing community and Bitcoin is trivial compared to the worst problems they need to address.
They choose to ignore the situation until it boils over
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
They choose to ignore the situation until it boils over
Nowadays, there are governments that have accepted bitcoin and allow bitcoin to trade as a paper currency. There are countries that are still working on more specific policies to make bitcoin safer, and there are governments that are banned bitcoin
Few countries have already banned the Bitcoin. I think it's a clear sign that this virtual currency can end central banking and control. Banks only interest is the blockchain technology itself, instead of Bitcoin due to the fact that they could create their own crypto currency in which they could manipulate to their own needs.
The government and bitcoin have to work together to with bitcoin can change the economy of a state, because if the government did not given permission bitcoin in their it will be difficult for people to access bitcoin and turn their economy be better
Sometimes government dont want change because they have... bussiness with bank... but soon or later, like it or not, they will have to accept bitcoin.
The government and bitcoin have to work together to with bitcoin can change the economy of a state, because if the government did not given permission bitcoin in their it will be difficult for people to access bitcoin and turn their economy be better
Government always too late to adapting new technology because regulation. But I am believe with technology advantages, government will adapting blockchain but maybe limited for bitcoin or cryptocurrency because government must be have own regulation about their own currency
A very difficult topic because BTC is too big to fit in any regulations.
The sharing economy is just going to continue to grow, and governments will be challenged to understand and manage its implications while embracing its benefits. However, governments will be at a significant disadvantage if they wait too long and newer technologies and markets will have already been developed that do not follow traditional models. Think of the following: Uber is the world’s largest taxi service and owns no cars. Airbnb provides lodging yet does not own real estate.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
In our country. The government is against abput the bitcoin, they always see bitcoin as a fraud or scams. But I still believe that bitcoin will be acceptednin our country soon. How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
Negative interest rates have already been rolled out in Denmark and Switzerland, which are both virtually cashless societies. Some argue that this gives the government (banks) a higher degree of control since, without cash, bank runs are impossible
Honestly, there is some state are presently tolerating bitcoin and another digital money since they see that this cryptocurrency is useful for there economy. Be that as it may, some country additionally bans bitcoin and some digital currency for a few reasons.
Agree. There have been many countries which have accepted Bitcoin as a legal form of payment within their region. When they do such move, is often to tax Bitcoin to benefit their economy. The other governments or countries which ban Bitcoin and other digital currencies, is simply because they believe that these alternative money systems are a threat to their current fiat system. However, as Bitcoin and other cryptocurrencies rise, governments from around the world will realize their potential to boost their economy. As such, they would have no choice but to accept Bitcoin and other cryptocurrencies as legal forms of payment in the long run.
Right now, since Bitcoin is nearly premature (just 9 years since its inception), many governments are afraid about this new kind of technology which decentralizes money. But, once they learn about the full potential of the blockchain, I believe that they'll welcome cryptocurrencies within their region for their own benefit. In the future, many countries might have accepted Bitcoin before you know it.
Therefore, it is only a matter of time before governments either join Bitcoin or be left behind with an obsolete monetary system. Just my thoughts
The sharing economy is just going to continue to grow, and governments will be challenged to understand and manage its implications while embracing its benefits. However, governments will be at a significant disadvantage if they wait too long and newer technologies and markets will have already been developed that do not follow traditional models. Think of the following: Uber is the world’s largest taxi service and owns no cars. Airbnb provides lodging yet does not own real estate.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
The government will surely take part on regulating the process of using this new kind of system. Since bitcoin is now getting more popular and the market is getting bigger, government will actually do not let this system benefit them. When the cryptosystem is adopted, I dont think it will distruct the traditional way. I think it will actually help advance the new way business model.
Government regulations are so slowly implemented but they're trying to adopt to new financial markets. Everything is changing, regulations and taxes too. We need few years for mass adoption and official law in almost all countries.
Government and bitcoin have unique relations in between them. Countries like china, Bangladesh Ecuador Malaysia, Israel ban bitcoin in their country 
. China government ban it because of their political issues. The decentralised nature of Bitcoin put a bad effect in country economy and an indirect effect an country own currency. Bitcoin also affect banking system of an country due to this Malaysia government ban it in their country. Israel government ban it because bitcoin is engaged with different antisocial work in their country. 
Honestly, there is some state are presently tolerating bitcoin and another digital money since they see that this cryptocurrency is useful for there economy. Be that as it may, some country additionally bans bitcoin and some digital currency for a few reasons.
I hope , they make a physical BTC it better than virtual
Physical bitcoins, not possible and then there will be no difference between the traditional currency and bitcoins. This is not at all a good idea.
If it will be possible to make physical bitcoins (almost impossible because to many factors) they will not be equal with the traditional currency never. Don't make equally bitcoin with the traditional money the making of physical coins but to many others things. Which simply are not possibly to happen. I will tell you only one factor that can't make bitcoin equal with the traditional money. Even if it will be physical bitcoins that will not make bitcoin inflationable like the traditional money. Never. Bitcoin don't incurs in any way inflation because the number of bitcoin is fixed and cannot be produced never more. So not inflationable. Traditional money incurs inflation every day. Because can be printed (possibly) how many times want the Central Bank of that tradition money.
the government is already working with banks, and there are some of them who have been using to overcome the possibility of bitcoin
The sharing economy is just going to continue to grow, and governments will be challenged to understand and manage its implications while embracing its benefits. However, governments will be at a significant disadvantage if they wait too long and newer technologies and markets will have already been developed that do not follow traditional models. Think of the following: Uber is the world’s largest taxi service and owns no cars. Airbnb provides lodging yet does not own real estate.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
The government will surely take part on regulating the process of using this new kind of system. Since bitcoin is now getting more popular and the market is getting bigger, government will actually do not let this system benefit them. When the cryptosystem is adopted, I dont think it will distruct the traditional way. I think it will actually help advance the new way business model.
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