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Topic: How to make governments accept bitcoin? - page 15. (Read 28970 times)

hero member
Activity: 1008
Merit: 501
I think the way is quite simple let the government control the bitcoin users. I'm sure the government would try to legalize bitcoin..
sr. member
Activity: 1876
Merit: 295
GOD is TRUE
Govrements will for sure accept bitcoin because it is good for every coutry economy so there is no reason to be worried about that because many investitors wanna use bitcoin because it is so popular coin so I am not worried.
Yes if the governments know that bitcoin is really a beneficial currency for their nation then they will not deny that currency for to use in their country they will like to get the benefit for themselves and will also earn a good income for their state.

There is no solution for the government accept Bitcoin apart from organizing a number of tax regulations, American not legalize bitcoin as legal tender because it can't be controlled at all, except bitcoin always centered and held by a large company. It took a long time for the government to get the right idea to make a solution of this case, I don't know what Japan and China are trying to do in addition to implementing high taxes.
hero member
Activity: 686
Merit: 500
Govrements will for sure accept bitcoin because it is good for every coutry economy so there is no reason to be worried about that because many investitors wanna use bitcoin because it is so popular coin so I am not worried.
Yes if the governments know that bitcoin is really a beneficial currency for their nation then they will not deny that currency for to use in their country they will like to get the benefit for themselves and will also earn a good income for their state.
newbie
Activity: 52
Merit: 0
Govrements will for sure accept bitcoin because it is good for every coutry economy so there is no reason to be worried about that because many investitors wanna use bitcoin because it is so popular coin so I am not worried.
hero member
Activity: 3150
Merit: 636
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We don't need to attract and convince government just to accept bitcoin. Once they see it as a helpful thing for their people and economy, they will just accept it.

Look at the countries like Japan and Switzerland, they are very rich countries and they see that bitcoin can be a big boost for their economy.

They are giving importance to innovation, unlike other countries they keep on looking at the bad side of bitcoin which is unfair.

Because even fiat does have it's bad side.
hero member
Activity: 644
Merit: 500
I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
In democracy, government must follow the decision of it's citizens.If we can get everyone to use bitcoin for our daily transactions,Government will eventually accept it as a mode of money tranfer.
yes a pure democratic country really follow the decision of their public and they will definitely accept bitcoin if their citizens will call for it just like Japan is doing but if the governments will not seek the benefits of their citizens then they may create hurdle in that path.
newbie
Activity: 46
Merit: 0
Bitcoin is designed to be a way out to the traditional banking/financing scam

so ideally bitcoin will overthrow that system and don't care about governments and central banks.

It is for this reason that the government will never trust Bitcoin. It wants to control bitcoin. But it is very difficult to control this system.
legendary
Activity: 1106
Merit: 1005
Bitcoin is designed to be a way out to the traditional banking/financing scam

so ideally bitcoin will overthrow that system and don't care about governments and central banks.
legendary
Activity: 1120
Merit: 1003

Governments in their current form simply can't exist if cryptocoins become the dominant currency. 99+% of government power today exists because they have control over the money supply.

It was always the intention of Bitcoin to take that power away from the AXAs and Henri de Castries of the world.
full member
Activity: 236
Merit: 100
I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
Maybe some person introduce bitcoin to Governments so they can search it and review it if theres ok to them that bitcoin are good for our country or not. They should study it well before they will do a decision.

You mean to say that Governments are not aware about the concept of bitcoins? Governments are very smart and very well know about the bitcoin but not ready to accept it publically as they know that it can be a threat to their financial system.

Gradually, as time goes on, they will accept it. That has happened in many countries such as Japan.
hero member
Activity: 752
Merit: 500
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I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
Maybe some person introduce bitcoin to Governments so they can search it and review it if theres ok to them that bitcoin are good for our country or not. They should study it well before they will do a decision.

You mean to say that Governments are not aware about the concept of bitcoins? Governments are very smart and very well know about the bitcoin but not ready to accept it publically as they know that it can be a threat to their financial system.
hero member
Activity: 910
Merit: 507
I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
Maybe some person introduce bitcoin to Governments so they can search it and review it if theres ok to them that bitcoin are good for our country or not. They should study it well before they will do a decision.
hero member
Activity: 688
Merit: 500
I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
Governments mainly fear bitcoin for its anonymity.They think that illegal activities will be carried out more using bitcoins.But they all know that bitcoin couldnot be banned since internet could not be banned.So, one day or the other,they would start accepting bitcoins by regulating it just like China and Russia.
yes that can be the reason, but to me i think the only why through which we can compel government to accept bitcoin is that the number of bitcoin users increases more and more and through this way government will compel to take serious action about bitcoin.
Yes if the bitcoin users increase all over the world and fiat currency transaction reduced means automatically the govt will take action on this bitcoin. till that the govt will don't care for this BTC transaction. In my country, i think less than 10% people know about bitcoin. In this situation how can we demand govt to accept Bitcoin as legal currency am I right?
We just need more and more users of bitcoin and after that we can show to the government that bitcoin is a serious currency and they will notice it and they will start to discuss if they will accept bitcoin to their country and start using it just what like the Japan did on bitcoin they already accept it because they see future with it.

Whatever efforts you make but if the Government is corrupt then they will never support bitcoins and never entertain it as it will stop all their corrupted activities and they will never be interested in seeing that their national currency is replaced by digital currency.

What you said is the true fact of the current situation of every country, the government wants to control the economy of the country so they wont allow bitcoin to flourish in their country as they cannot control bitcoin and its transactions.

Yeah and if Government starts supporting bitcoins then they will loose all their control on the money that they have on fiat at a moment which will result in end of the corrupted activities so Government will never think of supporting bitcoins ever in future.
newbie
Activity: 17
Merit: 0
maybe if government accepts existence of bitcoin course it will affect less nice and will appear new regulations on bitcoin.
hero member
Activity: 798
Merit: 1000
Right now, I'd say use Bitcoin for everything but "government transactions" (i.e. taxes and DMV-whatevers) whenever possible, even if it means buying gift cards on one of those sites that sell e-gift cards for Bitcoin. Force the issue by proving to the government that Bitcoin will be normalized with or without their "help" or objections.
hero member
Activity: 896
Merit: 500
I think that as governments begin to understand Bitcoin, they will be less afraid of it. Governments can still run their own currencies and Bitcoin can exist just like any business or commodity. It doesn't have to be a threat to them.
I dont think the government is lacking in knowledge and understand of how Bitcoin works, on the contrary, they know too well that giving an express approval to Bitcoin is their doom. Not only will they lose their tool for controlling and manipulating people, they will also lose relevance. I will be surprise to see the governments openly supporting Bitcoin.

You are wrong, the government really knows bitcoin well, they know all the information about it. That is the reason at wrong the government can run their country. Bitcoin is currently in freelance camp, this is perfectly fine for everyone. Bitcoins need not be accepted by the government but it works well. And even if the government accepts bitcoin, that means we have to pay a tax on it, which is not good while we pay the transaction fee, and pay taxes on the government. Really difficult.
hero member
Activity: 1134
Merit: 517
I think that as governments begin to understand Bitcoin, they will be less afraid of it. Governments can still run their own currencies and Bitcoin can exist just like any business or commodity. It doesn't have to be a threat to them.
I dont think the government is lacking in knowledge and understand of how Bitcoin works, on the contrary, they know too well that giving an express approval to Bitcoin is their doom. Not only will they lose their tool for controlling and manipulating people, they will also lose relevance. I will be surprise to see the governments openly supporting Bitcoin.
hero member
Activity: 1260
Merit: 524
I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
Governments mainly fear bitcoin for its anonymity.They think that illegal activities will be carried out more using bitcoins.But they all know that bitcoin couldnot be banned since internet could not be banned.So, one day or the other,they would start accepting bitcoins by regulating it just like China and Russia.
yes that can be the reason, but to me i think the only why through which we can compel government to accept bitcoin is that the number of bitcoin users increases more and more and through this way government will compel to take serious action about bitcoin.
Yes if the bitcoin users increase all over the world and fiat currency transaction reduced means automatically the govt will take action on this bitcoin. till that the govt will don't care for this BTC transaction. In my country, i think less than 10% people know about bitcoin. In this situation how can we demand govt to accept Bitcoin as legal currency am I right?
We just need more and more users of bitcoin and after that we can show to the government that bitcoin is a serious currency and they will notice it and they will start to discuss if they will accept bitcoin to their country and start using it just what like the Japan did on bitcoin they already accept it because they see future with it.

Whatever efforts you make but if the Government is corrupt then they will never support bitcoins and never entertain it as it will stop all their corrupted activities and they will never be interested in seeing that their national currency is replaced by digital currency.

What you said is the true fact of the current situation of every country, the government wants to control the economy of the country so they wont allow bitcoin to flourish in their country as they cannot control bitcoin and its transactions.
hero member
Activity: 602
Merit: 500
I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
In democracy, government must follow the decision of it's citizens.If we can get everyone to use bitcoin for our daily transactions,Government will eventually accept it as a mode of money tranfer.
hero member
Activity: 663
Merit: 501
quarkchain.io
I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
Governments mainly fear bitcoin for its anonymity.They think that illegal activities will be carried out more using bitcoins.But they all know that bitcoin couldnot be banned since internet could not be banned.So, one day or the other,they would start accepting bitcoins by regulating it just like China and Russia.
yes that can be the reason, but to me i think the only why through which we can compel government to accept bitcoin is that the number of bitcoin users increases more and more and through this way government will compel to take serious action about bitcoin.
Yes if the bitcoin users increase all over the world and fiat currency transaction reduced means automatically the govt will take action on this bitcoin. till that the govt will don't care for this BTC transaction. In my country, i think less than 10% people know about bitcoin. In this situation how can we demand govt to accept Bitcoin as legal currency am I right?
We just need more and more users of bitcoin and after that we can show to the government that bitcoin is a serious currency and they will notice it and they will start to discuss if they will accept bitcoin to their country and start using it just what like the Japan did on bitcoin they already accept it because they see future with it.

Whatever efforts you make but if the Government is corrupt then they will never support bitcoins and never entertain it as it will stop all their corrupted activities and they will never be interested in seeing that their national currency is replaced by digital currency.
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