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Topic: Government & Bitcoin - page 26. (Read 70830 times)

hero member
Activity: 728
Merit: 502
October 24, 2017, 01:54:49 PM
We are in a fast changing of technology. The governments are just fine because they will soon adopt when necessary. Governments are supposed to be make sure everything adopted and used are beneficial to its populace. The problem sometimes is corruption and power. Financial institutions are controlling the world system and are many times affecting governments effectivity.
Right, Internet Of Things should be happens on future. But I've no idea may sure, technology blockchain able to help goverment.
Like you said, those on future possibily corruption will be happens.

It is true the blockchain and the other bitcoin sites and the wallets are giving the bitcoin tax and it is very beneficial for the government as well so buys the bitcoin and hold for the long time it will be better for the savingpurpose.  Bitcoin is being legal in alto of the countries and then they are investing I n the bitcoin so in the future the bitcoin will be the main currency in almost all the counties.
member
Activity: 84
Merit: 10
October 23, 2017, 06:17:14 PM
Financial institutions around the world are embracing Blockchain technology, but Bitcoin is more or less a competitor of them. I don't think it's really possible for the government to regulate bitcoin, but it can probably limit the flow of the currency with restrictions, assuming they have a legitimate reason for it of course.
newbie
Activity: 6
Merit: 0
October 22, 2017, 06:27:52 PM
Government and Bitcoin. Here in my country, bitcoin is not recognized by the government simply because bitcoin is unregulated and the government hate it. Usually, the government here tends to take control of the currency and abuse the money circulation; whereas in bitcoin, it is intangible which leaves the government clueless on how to control this, thus no abuse, thus, no benefit for them. For the general public, bitcoin is a way around the hindrance of government manipulation, so it benefits us.
newbie
Activity: 56
Merit: 0
October 22, 2017, 06:25:13 PM
I imagine governments will perform out a resolution to function out with bitcoin and do what they like much more,put a payment into who maintain or think to get bitcoin.Soo bitcoin isnt a true danger to the technique runned by the international locations as they can take handle of if straightforward ,and the payment should make many avoid people kind of investment.For other aspect would be amazing to see some country allow bitcoin and suggestions men and women to perform with it,that may possibly come about ,and need to occur someone must do the initial action into inovation .
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
October 22, 2017, 05:04:32 PM
Bitcoin technology can affect in financial system of any country.But there are a lot people here who are aware and part of bitcoin, yet no negative thoughts about it.

The negative of bitcoin does not come from its origin. Conversely, it comes from the way we humans use bitcoins. In fact, bitcoin is the most transparent and cleanest currency, however, humans have used it for many bad purposes, so it is stained.
Yeah, honestly we can not blame the nature of Bitcoin or any currency. All things is by the user, because the user are bad guy, it also make Bitcoin become an evil tool for them. If the world have not them, all things are clean.
sr. member
Activity: 350
Merit: 250
IF PROBLEM WITH MY TRUST THEN BRING AN ESCROW.
October 22, 2017, 04:28:31 PM
Using bitcoin is harmless if you are wise and you are not doing anything illegal especially on darknet.
And I think no one will track you if you do not make a lot of money, and make noise about it.
As you are talking about that no one will know that better quality of bitcoin so in my opinion that we should go for bitcoin and kinda safe us from poor government control because governments are made to make issue with different countries. While in bitcoin everyone is united to each other that's better quality that people are agree to have someone thing the same which is called bitcoin.
sr. member
Activity: 704
Merit: 270
October 22, 2017, 04:09:23 PM
Government is the first priority for bitcoin.in order to start its business government permission is must needed. Without government permission it cannot be legalised. Bitcoin is an independent company and governments doesn't interfere its work. In many countries bitcoin and government together control the economy of that countries. With help bitcoin government slove unemployment conditions of their countries. In many countries government ban bitcoin like china etc. While others accept it.
sr. member
Activity: 280
Merit: 250
October 22, 2017, 03:44:09 PM
Using bitcoin is harmless if you are wise and you are not doing anything illegal especially on darknet.
And I think no one will track you if you do not make a lot of money, and make noise about it.
hero member
Activity: 616
Merit: 500
October 22, 2017, 03:13:39 PM
The future of bitcoin will depend on the Government of a particular country as most of the countries believes that bitcoin is an threat to their fiat money so they will never supports bitcoins but if all the Governments agree to support bitcoins then it will take its price to much higher level in future.
hero member
Activity: 3038
Merit: 617
October 22, 2017, 03:11:05 PM
We are in a fast changing of technology. The governments are just fine because they will soon adopt when necessary. Governments are supposed to be make sure everything adopted and used are beneficial to its populace. The problem sometimes is corruption and power. Financial institutions are controlling the world system and are many times affecting governments effectivity.
Government and bitcoin are having are very strong relationship in between them. If the government wants to change the economy is condition of their country and the people living in that country, then they have to legalize this bitcoin and all other crypto currencies. Till that time, the government will not be able to take control over bitcoin and will not be having any benefit.


The government however can really do some thing to stop it just as how the Chinese government bann BTC.  Thats what the government can do and if this happen, BTC price could drop. And the problem if for instance you are in the US and USE bann bitcoin, there might have no way to exchange your money to USD.
legendary
Activity: 1330
Merit: 1019
October 22, 2017, 02:54:48 PM
We are in a fast changing of technology. The governments are just fine because they will soon adopt when necessary. Governments are supposed to be make sure everything adopted and used are beneficial to its populace. The problem sometimes is corruption and power. Financial institutions are controlling the world system and are many times affecting governments effectivity.
Government and bitcoin are having are very strong relationship in between them. If the government wants to change the economy is condition of their country and the people living in that country, then they have to legalize this bitcoin and all other crypto currencies. Till that time, the government will not be able to take control over bitcoin and will not be having any benefit.
sr. member
Activity: 602
Merit: 254
October 22, 2017, 03:04:13 AM
Bitcoin is currency which affect the country economy and government is already give a look to the adaptation policy of bitcoin. Some of the countries government is allowing this crypto currencies in their countries to allow for payment of many things. If a strong government allowed the bitcoin I think the bitcoin value will be higher and because of this it will be a bright future.

Bitcoin is currency which affect the country economy and government is already give a look to the adaptation policy of bitcoin. Some of the countries government is allowing this crypto currencies in their countries to allow for payment of many things. If a strong government allowed the bitcoin I think the bitcoin value will be higher and because of this it will be a bright future.
newbie
Activity: 35
Merit: 0
October 22, 2017, 02:34:25 AM
this is big information, I Feel other nation will pursuing japan action. Japan Proposes Definition for Bitcoin in Bid to Regulate Exchanges
full member
Activity: 505
Merit: 100
October 22, 2017, 02:31:36 AM
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.

This is a fact that our ways of doing businesses is evolving along with the new rising technologies, that is a good thing for both the consumers and the providers because they are given the advantage. Now, it is true that if the government is not gonna adapt to what is happening around them, then I think, problems will just keep on coming and solving it would just lead to more problems.
full member
Activity: 546
Merit: 100
October 22, 2017, 02:06:43 AM
Bitcoin is currency which affect the country economy and government is already give a look to the adaptation policy of bitcoin. Some of the countries government is allowing this crypto currencies in their countries to allow for payment of many things. If a strong government allowed the bitcoin I think the bitcoin value will be higher and because of this it will be a bright future.
hero member
Activity: 928
Merit: 531
October 22, 2017, 01:32:45 AM
We are in a fast changing of technology. The governments are just fine because they will soon adopt when necessary. Governments are supposed to be make sure everything adopted and used are beneficial to its populace. The problem sometimes is corruption and power. Financial institutions are controlling the world system and are many times affecting governments effectivity.
Right, Internet Of Things should be happens on future. But I've no idea may sure, technology blockchain able to help goverment.
Like you said, those on future possibily corruption will be happens.
sr. member
Activity: 475
Merit: 250
October 22, 2017, 01:15:30 AM
We are in a fast changing of technology. The governments are just fine because they will soon adopt when necessary. Governments are supposed to be make sure everything adopted and used are beneficial to its populace. The problem sometimes is corruption and power. Financial institutions are controlling the world system and are many times affecting governments effectivity.
jr. member
Activity: 53
Merit: 10
October 22, 2017, 12:22:48 AM
The growth of Bitcoin turn around by Government and look in deep how it works and they start realizing the fact of technology to be adopted on its flow so nothing is very serious about it for sure and no other option left by the government in near future to accept bitcoin for safe financial system.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 21, 2017, 11:58:33 PM
Government and bitcoin at some point creates a common stand, because now governments have been much interested in the technology behind bitcoin, but we're not much interested in adopting bitcoin because of the decentralized form. Maybe in future looking after the countries that have been growing good in economy through bitcoin, other countries too might start adopting it.
full member
Activity: 434
Merit: 100
October 21, 2017, 11:53:20 PM
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.
They will have to adapt as well, governments as we know them will disappear the same way cabs and hotels are going to disappear as well, that does not mean governments are going to stop existing, what it is going to happen is they are not going to be as big as they are now and that is a good thing.
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