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Topic: Government & Bitcoin - page 39. (Read 70850 times)

hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
July 28, 2016, 08:19:32 AM
I would like to add the idea of investing in banks. That is safer than investing in scams. Also, BTC transferring is very fast and cheap. I want a world with new minds not the reincarnated ancestors. Dumb governments won't care, smart ones have already made a move.
Yes actually smart government have already sensed the future potential of bitcoin/blockchain tech thats why they have already started supporting local bitcoin exchangers as well as blockchain based startups. Only dumb, noob government like in underdeveloping countries they are only busy with political game for power banned or even don't know the revolutionary bitcoin tech.

It had been tradition and it is still happening. If we just go with that flow then no upgrades will come. I hope this bitcoin can answer some to make an end or take the traditional view to a higher level. Government should take a risk to what they can do with adapting bitcoin.
I doubt that dude, I think the government will never adopt and they just want us to adopt to them since that is all they know. They believe they have the highest power are we humans are just their slaves. We are in the evolution now and I believe is just created at the right time to have the freedom that the government is taking from us.
legendary
Activity: 2940
Merit: 1083
July 27, 2016, 11:07:25 PM
I would like to add the idea of investing in banks. That is safer than investing in scams. Also, BTC transferring is very fast and cheap. I want a world with new minds not the reincarnated ancestors. Dumb governments won't care, smart ones have already made a move.
Yes actually smart government have already sensed the future potential of bitcoin/blockchain tech thats why they have already started supporting local bitcoin exchangers as well as blockchain based startups. Only dumb, noob government like in underdeveloping countries they are only busy with political game for power banned or even don't know the revolutionary bitcoin tech.

It had been tradition and it is still happening. If we just go with that flow then no upgrades will come. I hope this bitcoin can answer some to make an end or take the traditional view to a higher level. Government should take a risk to what they can do with adapting bitcoin.
legendary
Activity: 994
Merit: 1000
July 27, 2016, 10:54:26 PM
I would like to add the idea of investing in banks. That is safer than investing in scams. Also, BTC transferring is very fast and cheap. I want a world with new minds not the reincarnated ancestors. Dumb governments won't care, smart ones have already made a move.
Yes actually smart government have already sensed the future potential of bitcoin/blockchain tech thats why they have already started supporting local bitcoin exchangers as well as blockchain based startups. Only dumb, noob government like in underdeveloping countries they are only busy with political game for power banned or even don't know the revolutionary bitcoin tech.
hero member
Activity: 1274
Merit: 513
July 27, 2016, 12:09:59 PM
I would like to add the idea of investing in banks. That is safer than investing in scams. Also, BTC transferring is very fast and cheap. I want a world with new minds not the reincarnated ancestors. Dumb governments won't care, smart ones have already made a move.
legendary
Activity: 1638
Merit: 1046
July 27, 2016, 12:06:29 PM
Governemetns are ruled by rich bankers, which in fact is also applicable for the rest of the world.
And with the bankers against bitcoin, means that governments by default are against bitcoin too. Which is something we cannot change.
i think even though it is really sad to say that you might be right about the thing that governments are controlled by banks, i hope bitcoins will change this thing
what do you think why the government is not legalizing the bitcoin because they have no access to control it. the government are still thinking about  bitcoin how to control it and after they will legalize it. i think the world regularize mean that the government can easily influence something easily. and that is the reason that some government have not yet legalize bitcoin.
I think for now we can say that they can not control it for now.. but i think bitcoin is growing day by day and i think we will see that bitcoin will be controlled by laws and government in the future..
full member
Activity: 238
Merit: 100
July 27, 2016, 11:41:50 AM
Governemetns are ruled by rich bankers, which in fact is also applicable for the rest of the world.
And with the bankers against bitcoin, means that governments by default are against bitcoin too. Which is something we cannot change.
i think even though it is really sad to say that you might be right about the thing that governments are controlled by banks, i hope bitcoins will change this thing
what do you think why the government is not legalizing the bitcoin because they have no access to control it. the government are still thinking about  bitcoin how to control it and after they will legalize it. i think the world regularize mean that the government can easily influence something easily. and that is the reason that some government have not yet legalize bitcoin.
hero member
Activity: 1372
Merit: 503
July 27, 2016, 04:35:33 AM
Maybe Government can't handle the transactions of bitcoin, they can't add a tax on it. But the problem is if they want to be the bridge on every transaction, that will be a big problem. So if that is the case, government shall create a new server or new Blockchain to use and government shall require us to use it. I dont know but that's my own opinion. We don't know if that will be done in the future time.
sr. member
Activity: 266
Merit: 250
One world One currency, Bitcoin.
July 27, 2016, 04:15:01 AM
technology is challenging government everyday, we are at 2016 and this is already so cool we have 90% of our work done on technology and this is exactly what those old man had ever dreamed of. we are not only using the technology but also developing it our self so the more you know the more powerful you will be
legendary
Activity: 2940
Merit: 1083
July 27, 2016, 03:51:05 AM
At my opinion in every country goverment understand that bitcoin is becoming is really popular and creating different plans how to start earning money with this hype, we will see it in future.
I guess the government just afraid of excess bitcoin, which transaction is very difficult to trace, because it can make people who are not responsible for the transaction to go around without fear of being caught. but I think the government realized the importance of bitcoin could change the economics of a society for the better

They just dont like something that they don't see. They want everything under their surveillance, their law which they created that they can't even follow themselves. If something is not under all them, they start to intervene.

legendary
Activity: 2758
Merit: 1004
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July 27, 2016, 02:29:01 AM
At my opinion in every country goverment understand that bitcoin is becoming is really popular and creating different plans how to start earning money with this hype, we will see it in future.
I guess the government just afraid of excess bitcoin, which transaction is very difficult to trace, because it can make people who are not responsible for the transaction to go around without fear of being caught. but I think the government realized the importance of bitcoin could change the economics of a society for the better
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
July 27, 2016, 02:03:45 AM
You know Aaron Swartz? The guy that push his will to have a free access on all information that we should get freely? Government bullied him until he decided to take his own life by hanging himself. This is what I'm talking about how powerful government is.

I don't know much about him, but it is irrelevant since your sad story is not about how powerful a government can be, but how weak humans are in general (though I perfectly understand this feeling of impotence and frustration thereof)...

Tough times never last, but tough people do (Mandela served 27 years in prison)
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
July 26, 2016, 09:46:57 PM
At my opinion in every country goverment understand that bitcoin is becoming is really popular and creating different plans how to start earning money with this hype, we will see it in future.
They are more concern on the KYC and AMLC policy as they foreseen that bitcoin is something that can be use for money laundering due to its anonymous nature.

That is up to them to regulate or not but I am pretty sure people would not comply with their rules and in the end the majority will still win.
sr. member
Activity: 588
Merit: 250
July 26, 2016, 06:24:11 PM
At my opinion in every country goverment understand that bitcoin is becoming is really popular and creating different plans how to start earning money with this hype, we will see it in future.
legendary
Activity: 1456
Merit: 1002
July 26, 2016, 05:22:15 PM
The way I see it, its already being done.

You notice how coinbase is more of a overseerer for the feds or just towards against darknet stuff as well keeping a clean house even with gambling stuff.

Anyone won at a casino and used a coinbase address will find a unresponsive account later down the road.

If it ever comes down to it, coinbase would be the government partnered bitcoin hub..
full member
Activity: 210
Merit: 100
July 26, 2016, 05:05:55 PM
different governments have different view about bitcoin. some states consider it as illegal currency. while other have consider it a legal currency and they are allowing every act of bitcoin in their state even they are looking for to apply tax of Bitcoin. but some state have yet not statement about bitcoin they neither consider it as a legal or illegal currency.

So far I think no country has declared it as a "legal currency" they dont declare it as something illegal but it is something legal, in general bitcoin is considered as goods or thing instead of currency. If there is a currency that truly acknowledge bitcoin being a legal currency than that country will be taking it as one of the country's payment method

Some countries are using other countries' monies as legal tender. The most recent example of such is Zimbabwe where the authorities being unable to constrain inflation totally abandoned their own currency (Zimbabwean dollar) in favor of a basket of other currencies (mostly US dollars) in 2009...

So adopting Bitcoin as legal tender (along with other major currencies) may be the right step for a desperate government of a small country
This is for countries that can't manage to control their people but what if we're talking about USA where government is known to be powerful and can take manipulation about the political system, if they don't want bitcoin they can easily use their power to go against it.

This may well turn out to be an illusion. Now we see shooting everyday here and there, and the system may collapse one day just like a house of cards...

Always remember the rock solid Soviet Union which went down like a sand-castle in a matter of years
You know Aaron Swartz? The guy that push his will to have a free access on all information that we should get freely? Government bullied him until he decided to take his own life by hanging himself. This is what I'm talking about how powerful government is.
hero member
Activity: 1274
Merit: 622
July 26, 2016, 04:09:29 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.
I think that government is smart enough to accept this reality and to adjust to this    developments.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
July 26, 2016, 03:59:58 PM
different governments have different view about bitcoin. some states consider it as illegal currency. while other have consider it a legal currency and they are allowing every act of bitcoin in their state even they are looking for to apply tax of Bitcoin. but some state have yet not statement about bitcoin they neither consider it as a legal or illegal currency.

So far I think no country has declared it as a "legal currency" they dont declare it as something illegal but it is something legal, in general bitcoin is considered as goods or thing instead of currency. If there is a currency that truly acknowledge bitcoin being a legal currency than that country will be taking it as one of the country's payment method

Some countries are using other countries' monies as legal tender. The most recent example of such is Zimbabwe where the authorities being unable to constrain inflation totally abandoned their own currency (Zimbabwean dollar) in favor of a basket of other currencies (mostly US dollars) in 2009...

So adopting Bitcoin as legal tender (along with other major currencies) may be the right step for a desperate government of a small country
This is for countries that can't manage to control their people but what if we're talking about USA where government is known to be powerful and can take manipulation about the political system, if they don't want bitcoin they can easily use their power to go against it.

This may well turn out to be an illusion. Now we see shooting everyday here and there, and the system may collapse one day just like a house of cards...

Always remember the rock solid Soviet Union which went down like a sand-castle in a matter of years
full member
Activity: 210
Merit: 100
July 26, 2016, 03:16:57 PM
different governments have different view about bitcoin. some states consider it as illegal currency. while other have consider it a legal currency and they are allowing every act of bitcoin in their state even they are looking for to apply tax of Bitcoin. but some state have yet not statement about bitcoin they neither consider it as a legal or illegal currency.

So far I think no country has declared it as a "legal currency" they dont declare it as something illegal but it is something legal, in general bitcoin is considered as goods or thing instead of currency. If there is a currency that truly acknowledge bitcoin being a legal currency than that country will be taking it as one of the country's payment method

Some countries are using other countries' monies as legal tender. The most recent example of such is Zimbabwe where the authorities being unable to constrain inflation totally abandoned their own currency (Zimbabwean dollar) in favor of a basket of other currencies (mostly US dollars) in 2009...

So adopting Bitcoin as legal tender (along with other major currencies) may be the right step for a desperate government of a small country
This is for countries that can't manage to control their people but what if we're talking about USA where government is known to be powerful and can take manipulation about the political system, if they don't want bitcoin they can easily use their power to go against it.
sr. member
Activity: 504
Merit: 250
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July 26, 2016, 01:51:04 PM
Governemetns are ruled by rich bankers, which in fact is also applicable for the rest of the world.
And with the bankers against bitcoin, means that governments by default are against bitcoin too. Which is something we cannot change.
i think even though it is really sad to say that you might be right about the thing that governments are controlled by banks, i hope bitcoins will change this thing
hero member
Activity: 575
Merit: 500
July 26, 2016, 01:48:05 PM
It's a very interesting question, i really want to see how goverments of many countries will accept bitcoin as legal currency because bitcoin is already internation currency.

Governments will never accept/adopt Bitcoin as currency or in any other form. Why? It's quite simple. They will never use something they can't fully control. I think we have to stop wishing for things that will not happen.
your statement could be true because as we see now that several countries has decide to banned bitcoin from their countries because one of the main factors that they can not control all bitcoin users also don't be forget that bitcoin user didn't paying tax to the countries but only to the miners


the countries which have banned it not because of unable to collect taxes but because of the fear of crimes with that currency, as they are saying that bitcoin transactions are anonymous and they are unable to find any transaction made for any illegal use.
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