Topic: How to make governments accept bitcoin? - page 3. (Read 28984 times)
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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?
it will be hard for goverment to accept bitcoin goverment use fiat because they can get taxesthey dont support bitcoin because there are no benefits bitcoin taxes go to miners
Yes, the government will only do what is beneficial for them and if it can benefit from bitcoin, it will accept it.
When finds a way to put tax on it then they will surely approved bitcoin. When they already see that investors were benefit alot from it for sure bitcoin will be accepted by the government.
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 will be hard for goverment to accept bitcoin goverment use fiat because they can get taxesthey dont support bitcoin because there are no benefits bitcoin taxes go to miners
Yes, the government will only do what is beneficial for them and if it can benefit from bitcoin, it will accept it.
When finds a way to put tax on it then they will surely approved bitcoin. When they already see that investors were benefit alot from it for sure bitcoin will be accepted by the government.
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 will be hard for goverment to accept bitcoin goverment use fiat because they can get taxesthey dont support bitcoin because there are no benefits bitcoin taxes go to miners
Yes, the government will only do what is beneficial for them and if it can benefit from bitcoin, it will accept it.
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 will be hard for goverment to accept bitcoin goverment use fiat because they can get taxesthey dont support bitcoin because there are no benefits bitcoin taxes go to miners
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?
First of all, The government must aware to what is bitcoin, what bitcoin can do, why bitcoin is using as a payment of money , what is use of the bitcoin, and to know them that the bitcoin is really important. This must be the way that the government can accept the bitcoin and be part of our daily lives. The government is completely aware of what bitcoin is that's why some countries decided to ban bitcoin and some country completely accepts bitcoin as a mode of payment. Being aware is a fundamental necessity for it but there are some other factors that should be considered before engaging in bitcoin. There are economy experts in all country that will help the government to decide whether to accept bitcoin or not. The impact in the economy is the first concern of any government before deciding in accepting bitcoin because if they decided to accept bitcoin and their economy falls due to that, it will be catastrophic.
The Government wants a bunch of people only using their Currency so I am pretty sure that they won't be accepting Bitcoin anytime soon. Since Bitcoin is getting really famous there is a bunch of people trying to get in on the whole Bitcoin action and they are kind of starting to realize that the can transfer more money if they hold onto their coins.
The Government might have to begin integrating Bitcoin into their systems if there is a bunch of people trying to use it.
The Government might have to begin integrating Bitcoin into their systems if there is a bunch of people trying to use it.
Indeed the government forbids the use of bitcoin ,Because bitcoin is not a legal or illegal currency,But one day I'm sure the government will allow the use of bitcoin.
Yes indeed more and more bitcoin users in all countries,With so many bitcoin users, I'm sure the government realized that bitcoin is profitable.
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?
First of all, The government must aware to what is bitcoin, what bitcoin can do, why bitcoin is using as a payment of money , what is use of the bitcoin, and to know them that the bitcoin is really important. This must be the way that the government can accept the bitcoin and be part of our daily lives. If you want those governments to accept bitcoin then we should help them to understand what is bitcoin by having a good explanation to the authorities of bitcoin like a proposal to tell them the good benefits of using bitcoin and the possibility for a change for the financial system if we they will accept and use bitcoin as their investment or another type of currency.
yes you are right that if the government want to make them understand about bitcoin we should help them that what is bitcoin, what are its benefits and how it will bring some positive changes in the economy of the country. But i think the governments are always independent in their all works and they will not want that people interfere in their work, if they want to study about bitcoin they will study it without our suggestion or opinion.If you want those governments to accept bitcoin then we should help them to understand what is bitcoin by having a good explanation to the authorities of bitcoin like a proposal to tell them the good benefits of using bitcoin and the possibility for a change for the financial system if we they will accept and use bitcoin as their investment or another type of currency.
yes you are right that if the government want to make them understand about bitcoin we should help them that what is bitcoin, what are its benefits and how it will bring some positive changes in the economy of the country. But i think the governments are always independent in their all works and they will not want that people interfere in their work, if they want to study about bitcoin they will study it without our suggestion or opinion. 
If you want those governments to accept bitcoin then we should help them to understand what is bitcoin by having a good explanation to the authorities of bitcoin like a proposal to tell them the good benefits of using bitcoin and the possibility for a change for the financial system if we they will accept and use bitcoin as their investment or another type of currency.
I think it is the government's job to do those things. They are the one who should study Bitcoin and it is not our job to educate them. They are the one who should be educating their citizens. And I think that they are doing that right now. They are already conducting research about Bitcoin because it is the talk of the town on the financial market.
I think in the future it will happen. If you want those governments to accept bitcoin then we should help them to understand what is bitcoin by having a good explanation to the authorities of bitcoin like a proposal to tell them the good benefits of using bitcoin and the possibility for a change for the financial system if we they will accept and use bitcoin as their investment or another type of currency.
I think it is the government's job to do those things. They are the one who should study Bitcoin and it is not our job to educate them. They are the one who should be educating their citizens. And I think that they are doing that right now. They are already conducting research about Bitcoin because it is the talk of the town on the financial market.
What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
Anonymity is the biggest hurdle for bitcoin to get accepted by governments/banks because they can't implement taxation as well as they can't track source of bitcoin. However anonymity is also the main feature due to which many users love to store in bitcoin and use it whenever they like. Governments/banks may never accept direct bitcoin payments, but they may implement strict rules/regulation and high fees on local bitcoin trading platform. And as recent coinbase and PBOC investigation have shown that governments are now looking to get detail about every bitcoin traders who are actively trading bitcoin so that they can put tax on their earnings as well as limit money laundering.
I think this is a very good point, but also being the fact that governments can't control bitcoin. Bitcoin network is out of their reach. They cant freeze funds, ban accounts. Doing something that would allow government to track funds and handle taxation, would pretty much destroy bitcoin, since it woulf defeat it's purpose as a decentralized and anonymous currency, what I consider perfect currency. Simply because it stops government from controlling everything and spying on anyone they want, make it better than fiat in the eyes of many users.
There may be other ways to be accepted by the government without having to die the main purpose of bitcoin, let's just look at the countries that already accept bitcoin as digital currency, that they make the rules like what, I hope countries that have not received bitcoin can imitate and develop the rules accordingly With rules that exist in their country.
The Government wants a bunch of people only using their Currency so I am pretty sure that they won't be accepting Bitcoin anytime soon. Since Bitcoin is getting really famous there is a bunch of people trying to get in on the whole Bitcoin action and they are kind of starting to realize that the can transfer more money if they hold onto their coins.
The Government might have to begin integrating Bitcoin into their systems if there is a bunch of people trying to use it.
I think the government want to take the control on the payment system of bitcoin like on its transactions as they want to know that how much money entered in the country and how much money transferred out from the country. While if the demand of bitcoin increased too much then I am sure the government will be imposed to adopt bitcoin. The Government might have to begin integrating Bitcoin into their systems if there is a bunch of people trying to use it.
To make bitcoin accepted by the governments. It will need a lot of proof for the government that bitcoin is a really good currency because the government is not that fast accepting type of organization, they investigate and observe it a lot before they accept it because they want to make sure that the currency is a good for the future when they start to use it.
to me i think government do not need for any kind of proof from the government.i think government can get any kind of information about bitcoin. to i think if the users of bitcoin will increase more and more then through this way we can make the government to accept bitcoin as legal currency, i think the government will already be thinking about the importance of bitcoin. 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 will be hard for goverment to accept bitcoin goverment use fiat because they can get taxesthey dont support bitcoin because there are no benefits bitcoin taxes go to miners
Until this day governments continue to stay neutral when it comes to people using bitcoin and will not change that unless something big happens, than they will step up and put some laws to it.
The Government might have to begin integrating Bitcoin into their systems if there is a bunch of people trying to use it.
I think that is a good idea because no government accepted it today, so the first one who will accept it will have lots of profits but I'm afraid that it will be not simple to managed it. The government I think will have to create banks...
I don't think our company have time to accept or reject bitcoin as far as our government concern,there are more important issues in our societyneeds to focus on.
I think this is true, our governments were busy to suppress the bad guy and criminals. They have the priorities to do those things. It's not that easy to lessen those people. Must have the step by step process. Governments planned about it carefully and to fold up. They don't know how to control the bitcoin. They will solve the problem first in the community before they will go through there.
If you want those governments to accept bitcoin then we should help them to understand what is bitcoin by having a good explanation to the authorities of bitcoin like a proposal to tell them the good benefits of using bitcoin and the possibility for a change for the financial system if we they will accept and use bitcoin as their investment or another type of currency.
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 will be hard for goverment to accept bitcoin goverment use fiat because they can get taxesthey dont support bitcoin because there are no benefits bitcoin taxes go to miners
Until this day governments continue to stay neutral when it comes to people using bitcoin and will not change that unless something big happens, than they will step up and put some laws to it.
Making government accepts bitcoin is really difficult task to achieve because now the government is very scared with bitcoin, they think bitcoin many use for money laundering.
I do not know what to expect from the user if the government still decides to legalize Bitcoin on a par with other currencies. But you need to be prepared for the fact that Bitcoin will lose its advantages and users its anonymity. And probably have to pay already taxes. Jump to: