With the way things are going, governments cannot sit on the fence for long and sooner or later, it will happen that they will be force to an action whether to support bitcoin of go against it with full force. Either way, when it happened, its going to be a landmark for bitcoin whether to the positive or the negative. Let us all hope for the best to come.
Governments soon have to take an action either to support bitcoins fully or go against them but we know there are two blocks in the world who are antagonist and I believe if China has banned bitcoins, America is going to support them. In short bitcoins are never going to disappear forever. 
Topic: Government & Bitcoin - page 30. (Read 70854 times)
I see government and Bitcoin working to the extent of however much the governments of the world decide. China is banning it right now for example, and that is not beneficial for them at all. They will lose out.
Governments cannot control bitcoin. My guess is that most of them will not like it for that reason. Most of them will probably try to obstruct it in some way similar as we can see what is happening in China lately. Other way would be that they try to regulate it in such manner that they have direct benefit from it. Nor really sure how this would look like, but once the bureaucrats start to loose the ground beneath their feet, we can expect some real attempts from their side.
If goverment wants, they can control it as they wish. But there are more important things for them. I even think that goverment wants bitcoin but they don't say yes publickly. Bitcoin is a great eay for money laundering and it's accepted in most places, well, it's number one by popularity.Even china's decision to ban bitcoin proves that some big groups can affect price a lot.
Bitcoin is a virtual currency that no control of any party because it is a system that has been established in such a way and no one can control. but I do not think this does not mean that the government can not make regulations on the use of bitcoin itself the government has the authority over legislation that can be made. if indeed the government has been able to accept bitcoin as a means of transaction in a country of course the government will easily make a rule or law that would be a duty that must be obeyed for all bitcoin users. of course there will be regulations that are applied like regulations in other fields.
I don't understand why people are so weak. Life your government humiliates and robs and you expect him permission to use bitcoin. You first had the opportunity to put pressure on the government and are waiting for his permission. Lol!!!
Governments cannot control bitcoin. My guess is that most of them will not like it for that reason. Most of them will probably try to obstruct it in some way similar as we can see what is happening in China lately. Other way would be that they try to regulate it in such manner that they have direct benefit from it. Nor really sure how this would look like, but once the bureaucrats start to loose the ground beneath their feet, we can expect some real attempts from their side.
government can't handle bitcoin and for sure there will be more problems if the government handle bitcoins and for sure the government will just manipulate it's price because they are handling it.
Governments have many doubts about Bitcoin and they fear it will affect badly their fiat currencies, which isnt true. Also they have big doubts about all the decentralized and anonymous currencies, they want to control everything related to finance in their countries. But despite this facts, there is some countries ( I think like Japan, Germany) already legalized Bitcoin
In my country government and bitcoin are not very good friends, because the government considers a lot of things that can break the law can be done with bitcoin and can not be traced like a normal currency transaction. But I think the government needs to regulate bitcoin transactions in my country in order to avoid unlawful things in my country because bitcoin users are very large and growing.
Yeah, I agree with you. But it is sad to know that the Chinese government is not longer support bitcoin. AS you can see, they ban permanently bitcoin exchanges which are on their country and cause of that reason, the price of bitcoin fall hardly. China is the biggest country in this field and many big investors are living there. It is not very good that CHinese government decides to against bitcoin
I wouldn't say that they really decide against Bitcoin. China is just trying to get Bitcoin regulated, which won't work in my opinion.
Btw: Chinese ICOs are "just" banned temporary as you can read here (https://cointelegraph.com/news/china-ban-on-ico-is-temporary-licensing-to-be-introduced-official)
Yeah, I agree with you. But it is sad to know that the Chinese government is not longer support bitcoin. AS you can see, they ban permanently bitcoin exchanges which are on their country and cause of that reason, the price of bitcoin fall hardly. China is the biggest country in this field and many big investors are living there. It is not very good that CHinese government decides to against bitcoin
I wouldn't say that they really decide against Bitcoin. China is just trying to get Bitcoin regulated, which won't work in my opinion.
Btw: Chinese ICOs are "just" banned temporary as you can read here (https://cointelegraph.com/news/china-ban-on-ico-is-temporary-licensing-to-be-introduced-official)
To my opinion governments are not the worst enemies of Bitcoin. Many of them are willing to accept the blockchain technology, which is of course not the same, but some governments together with central banks are also testing the use and possibilities of Bitcoin. In some due time I think many governments will regulate the Bitcoin and thus also recgonize it. And we don't have to be afraid of that.
Yeah, I agree with you. But it is sad to know that the Chinese government is not longer support bitcoin. AS you can see, they ban permanently bitcoin exchanges which are on their country and cause of that reason, the price of bitcoin fall hardly. China is the biggest country in this field and many big investors are living there. It is not very good that CHinese government decides to against bitcoin
Goverment doesnt like bitcoin its true and we have a exaple ,for example China ,Goverment of China is afraid from bitcoin and they closed exchanges why? Because bitcoin will change all system of money.
government is too far away on bitcoin at the same time government can't control bitcoin because bitcoin is a decentralized currency. banning trading on a country doesn't mean that you can't use bitcoin there's a lot of ways to do bitcoin still . bitcoin has no tax on my country so i think i can freely use my money with out having a tax when im selling my coins out.
To my opinion governments are not the worst enemies of Bitcoin. Many of them are willing to accept the blockchain technology, which is of course not the same, but some governments together with central banks are also testing the use and possibilities of Bitcoin. In some due time I think many governments will regulate the Bitcoin and thus also recgonize it. And we don't have to be afraid of that.
Yes. So far so good, governments are looking at the blockchain technology in general and the opportunity it can bring to the system. They have been able to note the gains it will bring for them and possibly how well it can have an impact in the economy. In so many countries, the governments through the CBN are already trying to create awareness. Gone are those days that any government will be classifying bitcoin as a ponzi scheme and any country's government that says that today will obviously be a global laughing stock. I think bitcoin, like all other things internet will surpass any government, try to kill it off and it will emerge somewhere else. The people will get what they want and need if it is available, no government or laws can supress it. Building a super firewall, people will break holes and find their ways around it. Spy on your citizens? Enter Tor browsers and more secure communications. Try to ban or overpower bitcoin? Who knows what we will come up with, but it will never be the way the governments have intended. We never surrender or break at the will of those who do us wrong!
I am totally agreed with you on this issue, in the ultra-modern technologies arena, people can do whatever he or she wants. so a government may protect them a little bit in this case. especially for the cryptocurrency it solely depends on an individual will. so that government can take only a little bit hindrance regarding cryptocurrency.
I think bitcoin, like all other things internet will surpass any government, try to kill it off and it will emerge somewhere else. The people will get what they want and need if it is available, no government or laws can supress it. Building a super firewall, people will break holes and find their ways around it. Spy on your citizens? Enter Tor browsers and more secure communications. Try to ban or overpower bitcoin? Who knows what we will come up with, but it will never be the way the governments have intended. We never surrender or break at the will of those who do us wrong!
I am totally agreed with you on this issue, in the ultra-modern technologies arena, people can do whatever he or she wants. so a government may protect them a little bit in this case. especially for the cryptocurrency it solely depends on an individual will. so that government can take only a little bit hindrance regarding cryptocurrency. Countries arent very friendly to crypto, we all know that crypto does make them to loose the power they have with fiat over us, banks and countries will fight to crypto and till they understand that crypto has camed to stay, soo in the medium period banks and countries will benefict from the health generated and into circulation over borders.
We are just thankful that here in my country they are open for this opportunity but sad to say that they are already investigating and studying this if they will imposed tax on it. But I think its okay to have tax just to have a fair rate on it and not to manipulate the price of btc or to disallow bitcoin in our country.To become more freely when using crypto, exchanges must be taxed. Regulations although not a part of why we use crypto is having a good benefits to us especially when something is stolen or involved in a fraud. Exchanges requires verification in order to have some backup informations of their clients once problem came.
No way cryptos will just grow without any government involvement. Im agree for regulations as long as all parties are fair and square.
Countries arent very friendly to crypto, we all know that crypto does make them to loose the power they have with fiat over us, banks and countries will fight to crypto and till they understand that crypto has camed to stay, soo in the medium period banks and countries will benefict from the health generated and into circulation over borders.
We are just thankful that here in my country they are open for this opportunity but sad to say that they are already investigating and studying this if they will imposed tax on it. But I think its okay to have tax just to have a fair rate on it and not to manipulate the price of btc or to disallow bitcoin in our country. 
Countries arent very friendly to crypto, we all know that crypto does make them to loose the power they have with fiat over us, banks and countries will fight to crypto and till they understand that crypto has camed to stay, soo in the medium period banks and countries will benefict from the health generated and into circulation over borders.
Jump to: