How to make governments accept bitcoin? - page 17.

YuginKadoya

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Quote from: Wesimon on April 16, 2017, 09:38:51 AM

Quote from: CODE200 on April 16, 2017, 07:29:57 AM

Well as of now based on my understanding bitcoin is not consider an illegal gaming site or trading sites etc so thre is no guarantee that i can give an exact answer when it regards to the topic but as far as i know until nobody is/are complaining about bitcoin it can be consider being accepted by the government.

Since when bitcoin became a gaming site or a trading site? Bitcoin is just used in those particular sites. Bitcoin is just like money in its own ways.

Complaining about bitcoin in what particular aspect? Come to think of it, why would anyone complain about bitcoin? Did anyone complained about fiat? What is the sense of complaining then?

In a newbies perspective that is what his understanding about bitcoin, I think he gambling site and not gaming by the way, and in a newbies perspective they always think as bitcoin as just gambling and trading site and they always do that kind of things using bitcoin and they are not thinking out of the box and see it on their own perspective that bitcoin is not an ordinary currency they can mess with and if they do it properly they can earn good amount of income with it.

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Quote from: CODE200 on April 16, 2017, 07:29:57 AM

Well as of now based on my understanding bitcoin is not consider an illegal gaming site or trading sites etc so thre is no guarantee that i can give an exact answer when it regards to the topic but as far as i know until nobody is/are complaining about bitcoin it can be consider being accepted by the government.

Since when bitcoin became a gaming site or a trading site? Bitcoin is just used in those particular sites. Bitcoin is just like money in its own ways.

Complaining about bitcoin in what particular aspect? Come to think of it, why would anyone complain about bitcoin? Did anyone complained about fiat? What is the sense of complaining then?

lemonade09

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They will not gonna accept bitcoin but in some way yes there are some accepting bitcoins but bitcoin is a virtual money and bitcoin is anonymous and that the real problem of the bitcoin that why the government cannot accept it all the transaction can be just illegally in many ways maybe if they can control the bitcoin they will accept it but apparently they can't do anything in control the price of the bitcoin.

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Quote from: Wipro on April 16, 2017, 07:40:07 AM

Quote from: CODE200 on April 16, 2017, 07:29:57 AM

Well as of now based on my understanding bitcoin is not consider an illegal gaming site or trading sites etc so thre is no guarantee that i can give an exact answer when it regards to the topic but as far as i know until nobody is/are complaining about bitcoin it can be consider being accepted by the government.

Even I checked, some of the trollers only speak about bitcoin being used in illegal activities but there is no proof that its been used for these activities. I do not think bitcoin will be centralized money as the feature and potential have as of now. US trying to take control over bitcoin that's we are seeing many adoption on blockchain technology especially North american region.

Illegal activities have got increased usage compared to legalized activities. Only because of the same it's much trolled about the usage on illegal transactions. Little by little now only slowly the legalized transactions along with governments support have been increasing.

BitFinnese

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Quote from: cryptoanarchist on April 16, 2017, 03:30:53 AM

Merely asking the question means you don't understand Cryptocoins.

Isn't it obvious? Probably OP had an idea and wanted to confirm if his idea is correct that is why he is asking the community on how they think the best way to make government accept Bitcoin. Besides there is no harm in asking what is we do not know than pretending to know them when actually we don't.

I guess adoption, will convince the government to give legitimacy (acceptance) to Bitcoin. They must do it since it would be a waste if they can't profit with Bitcoin transactions.

AK47-

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I dont think that there is a need for government to accept or support bitcoin. Bitcoin is a currency of individual. And the features of bitcoin of anonymity and decentralisation is a hurdle in government accepting it. But these make bitcoin what it is. I dont see a need of government accepting the bitcoin.

Wipro

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Quote from: CODE200 on April 16, 2017, 07:29:57 AM

Well as of now based on my understanding bitcoin is not consider an illegal gaming site or trading sites etc so thre is no guarantee that i can give an exact answer when it regards to the topic but as far as i know until nobody is/are complaining about bitcoin it can be consider being accepted by the government.

Even I checked, some of the trollers only speak about bitcoin being used in illegal activities but there is no proof that its been used for these activities. I do not think bitcoin will be centralized money as the feature and potential have as of now. US trying to take control over bitcoin that's we are seeing many adoption on blockchain technology especially North american region.

CODE200

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Well as of now based on my understanding bitcoin is not consider an illegal gaming site or trading sites etc so thre is no guarantee that i can give an exact answer when it regards to the topic but as far as i know until nobody is/are complaining about bitcoin it can be consider being accepted by the government.

Anarchist

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Preach anarchy and repeat after me "I am free".... We can reject hierarchy, advocate a stateless society based on voluntary and fix the problem to the root and to abolish a system of government. We can be all together self-governed and we won't need to make any government to accept bitcoin or any other crypto

cryptoanarchist

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Merely asking the question means you don't understand Cryptocoins.

QuestionAuthority

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Quote from: DoublerHunter on April 16, 2017, 02:37:48 AM

Quote from: QuestionAuthority on April 16, 2017, 02:24:25 AM

I guess I'm lost. Why would you want governments to support Bitcoin? I thought Bitcoin was the big anti-government anti-fiat rockstar that was going to help libertarians take over the world. What changed? Did I miss a meeting?

If bitcoin was accepted by the government then it will be a big step up for bitcoin because bitcoin will have a greater foundation which is the support of the government and the government will not allow bitcoin to die because they are already par of it. You didn't missed a meeting or any kind related to that. This is just a topic that discussing about that which is kinda good idea for bitcoin because we have a chance to get a support from one of the most powerful group in the world and that is the government.

I see what you're saying. You want the government to give Bitcoin legitimacy. Thats kind of what's happening in Japan right now. Let's see how that works out.

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Quote from: QuestionAuthority on April 16, 2017, 02:24:25 AM

I guess I'm lost. Why would you want governments to support Bitcoin? I thought Bitcoin was the big anti-government anti-fiat rockstar that was going to help libertarians take over the world. What changed? Did I miss a meeting?

Governments' acceptance leads Bitcoin to be more effective in the future and leads it to reach more people. The problem is that some governments see it as a threat and that leaves some people to believe it's not legitimate.

CraigWrightBTC

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Quote from: Rajadurai on April 15, 2017, 01:10:33 PM

goverment did not accept BTC because,its centralized so,no one can make corruption. so,they reject BTC . Incase BTC price will down the government can close the btc currency.

Yes you are right, and the solution for the governments accept bitcoin is the peoples on the countries must adopt bitcoin in their real life, it will makes the governments accept bitcoin because of follow their people,
unfortunately it needs much time for the governments accept bitcoin, because there are not many people on every countries adopt bitcoin for payment method or investments.

DoublerHunter

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Quote from: QuestionAuthority on April 16, 2017, 02:24:25 AM

I guess I'm lost. Why would you want governments to support Bitcoin? I thought Bitcoin was the big anti-government anti-fiat rockstar that was going to help libertarians take over the world. What changed? Did I miss a meeting?

If bitcoin was accepted by the government then it will be a big step up for bitcoin because bitcoin will have a greater foundation which is the support of the government and the government will not allow bitcoin to die because they are already par of it. You didn't missed a meeting or any kind related to that. This is just a topic that discussing about that which is kinda good idea for bitcoin because we have a chance to get a support from one of the most powerful group in the world and that is the government.

n2004al

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Quote from: Bit2Easy on February 02, 2017, 05:40:06 AM

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?

It is very difficult to convince Central Banks/Governments to accept bitcoin as a normal currency and make this coin equal with the formal currency released from the Central Banks of every country. This because the people may abandon the last one and this mean risks for the economy of the country. But we must aim to legalize bitcoin in a whatever way in order that the people have the right to use or store it like they want. This is possible and the first way we can use to make this possible is to explain the power of the tech behind bitcoin and blockchain.

QuestionAuthority

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I guess I'm lost. Why would you want governments to support Bitcoin? I thought Bitcoin was the big anti-government anti-fiat rockstar that was going to help libertarians take over the world. What changed? Did I miss a meeting?

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Quote from: stephanirain on April 16, 2017, 12:49:20 AM

Quote from: Gembul on April 16, 2017, 12:03:54 AM

Quote from: agamasrori on April 15, 2017, 11:25:08 PM

problably the government just fear about the price fluctuation of bitcoin. If bitcoin is used by most of people of the country of course anything happen with bitcoin will affect the economy of the country. So I think if bitcoin is spread evenly, the price of it will be more stable then no one can be the hoarder anymore.

It's possible one of the reasons why the government does not want to accept bitcoin. But I think the underlying reason bitcoin is decentralizes, when the government interference then the decentralized nature of bitcoin could be lost. Plus the government felt disadvantaged by the use of bitcoin by citizens. Thank you

Certainly, it could be hard for them of they would use bitcoin since what they have in control is only fiat money, thus if another currency would be initiated to be used in the community with he suplort of government, the control is not on them but on its develeoper which government are affraid of since those developers could be more powerful than them if it happen so.

Sorry, AFAIK, Gov's have no more real control over fiat scince many years, they gave it to .. TBTF ?

DoomDumas

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Quote from: Dorky on April 16, 2017, 12:23:26 AM

Quote from: Bit2Easy on February 02, 2017, 05:40:06 AM

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?

Mark my words: All the governments WILL accept bitcoin without anyone of us persuading them.

OP : Don't be so sure about "anonymity".

IMHO, Gov's are following, not really making things, they makes us beleive they do, trying to preseve their "establishement".

$ is leading our world, it's sad but true. Authorities/Govs are just following the changes..

Bitcoin is "free" and really disruptive.. Watch out for the next revolution, as big as the event of the Internet becoming public in the 90's.. Bitcoin is now like Internet was in the early 2000's, before Faceb00k, Google, Amaz0n and others !!!

Quote me in 10 years ;P

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Quote from: Gembul on April 16, 2017, 12:03:54 AM

Quote from: agamasrori on April 15, 2017, 11:25:08 PM

problably the government just fear about the price fluctuation of bitcoin. If bitcoin is used by most of people of the country of course anything happen with bitcoin will affect the economy of the country. So I think if bitcoin is spread evenly, the price of it will be more stable then no one can be the hoarder anymore.

It's possible one of the reasons why the government does not want to accept bitcoin. But I think the underlying reason bitcoin is decentralizes, when the government interference then the decentralized nature of bitcoin could be lost. Plus the government felt disadvantaged by the use of bitcoin by citizens. Thank you

Certainly, it could be hard for them of they would use bitcoin since what they have in control is only fiat money, thus if another currency would be initiated to be used in the community with he suplort of government, the control is not on them but on its develeoper which government are affraid of since those developers could be more powerful than them if it happen so.

DoomDumas

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Quote from: Bit2Easy on February 02, 2017, 05:40:06 AM

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?

Don't be so sure about "anonymity"

IMHO, Gov's are following, not really making things, they make us beleive they do

$ are leading, that's sad but true, Authorities/Govs are following, trying to preseve their "establishement"

Bitcoin is "free" and really disruptive.. Watch out for the next revolution, as big as the event of the Internet becoming public in the 90's.. Bitcoin is now like Internet in the early 2000's, before Facebook, Google ans all others !!!

Quote me in 10 years ;P

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