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Topic: How to make governments accept bitcoin? - page 6. (Read 28970 times)

hero member
Activity: 574
Merit: 500
Any store can buy, sell, and accept Crypto
The government in my opinion they will accept bitcoin if this things will become centralized, and transaction will be regulated by the government.
I think government will still accept bitcoin even it is centralized. Government is afraid about money loundring and illegal transaction using bitcoin so I think what all we need is make the bitcoin being traceable.
sr. member
Activity: 323
Merit: 250
The government in my opinion they will accept bitcoin if this things will become centralized, and transaction will be regulated by the government.
hero member
Activity: 658
Merit: 500
The government will accept bitcoin if bitcoin will just become centralized and the transaction will be regulated by the government. These are the things that won't gonna happen so easily coz we all know that bitcoin is designed to be decentralized.

Yeah and more problem are,
1. tax
2. credit checking

Most of ppl will support if goverment will accept bitcoin, but they wont follow goverments regulation
hero member
Activity: 3080
Merit: 603
Governments will never accept bitcoins and will never support them as its an threat to their financial system and they very well know that if they make bitcoin legalised then it will be an end of their corrupted activities.

Very opposite on what I believe, the government will accept bitcoin, you just don't know what is reason of the price increase right now. They are going to support it just like what Japan did and if I can remember, Switzerland's central bank is trying to adopt it too and will use it for their banking services, other countries will accept it very soon.
sr. member
Activity: 350
Merit: 250
The government will accept bitcoin if bitcoin will just become centralized and the transaction will be regulated by the government. These are the things that won't gonna happen so easily coz we all know that bitcoin is designed to be decentralized.
sr. member
Activity: 518
Merit: 256
Living the truth....
Governments will never accept bitcoins and will never support them as its an threat to their financial system and they very well know that if they make bitcoin legalised then it will be an end of their corrupted activities.
full member
Activity: 130
Merit: 250
hah .. government is country (national state) ... that is traditional and tribal .... they will meet at international and their corporations at global ... our chances are slim to join universal over internet and cryptos to slam the fiats .... only god a help us .. to step forward to divine universalism ... by creating our secular god with his zillion in the divine providence in experience fund and trickling down to us 10 000 $ per person per year and paying 37% of nations gdps to governments to release us from taxing ... have good day .... stick to my sites .. lol .. i am not george washington .. i am zik zikalkis ... lol
sr. member
Activity: 1498
Merit: 251
KUWA.ai
When your saying to the government to accept bitcoin it is impossible to do that you need to change the whole system and features of bitcoin has but in what you are saying it is about the company and partnership that bitcoin has it will be acceptd in many company in the future.
it's possible, everything is possible, government is not that fool to change the system but make bitcoin alternative
hero member
Activity: 1078
Merit: 514
We don't have to push to our governments the usage and adoption of bitcoin. We just need to keep on using it because in the end they are going to voluntarily accept it once they are seeing a lot of good things that bitcoin can contribute to our society. And what is happening now there are some countries that are accepting it.
Perhaps, not many governments are able to take advantage of technology from bitcoin due to technological limitations owned by the country. Many things we can do to show bitcoin for the better, but, it depends again from the government to accept it or not. But I'm really sure that someday bitcoin will be accepted.

That's another hindrance for those countries that are aspiring for their growth. But as long as they are going to see a great advantage that they are going to get from it, for sure that is going to be helpful to them. And they are the ones that will volunteer for the adoption of bitcoin, because they know that is beneficial for them.
That's too simple . Governments will not just accept something without considering its disadvatages and risks because wrong changes can harm not only them but the whole people that's why they are cautious . Honestly, As long as they don't ban bitcoin, it will not be a problem if they don't recognize bitcoin . But just like what everyone is saying every country has its view on bitcoin, Some will accept it some will not .
Well, actually it's not the first time when government takes wrong decidion. We have many examples from the history. Sometimes only the practice shows how the decidion accepted on the government's level is working not good. I think accepting bitcoin so fast will show in future all minuses if such decidion.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
We don't have to push to our governments the usage and adoption of bitcoin. We just need to keep on using it because in the end they are going to voluntarily accept it once they are seeing a lot of good things that bitcoin can contribute to our society. And what is happening now there are some countries that are accepting it.
Perhaps, not many governments are able to take advantage of technology from bitcoin due to technological limitations owned by the country. Many things we can do to show bitcoin for the better, but, it depends again from the government to accept it or not. But I'm really sure that someday bitcoin will be accepted.

That's another hindrance for those countries that are aspiring for their growth. But as long as they are going to see a great advantage that they are going to get from it, for sure that is going to be helpful to them. And they are the ones that will volunteer for the adoption of bitcoin, because they know that is beneficial for them.
That's too simple . Governments will not just accept something without considering its disadvatages and risks because wrong changes can harm not only them but the whole people that's why they are cautious . Honestly, As long as they don't ban bitcoin, it will not be a problem if they don't recognize bitcoin . But just like what everyone is saying every country has its view on bitcoin, Some will accept it some will not .

There might be risk and disadvantages it's always together with something that is going to give them an advantage but they need to give some appropriate another solution when they are able to face that disadvantage and risk that they are aware of. And also another thing is when someone is already using it to their country that's fine.
sr. member
Activity: 406
Merit: 250
Wolf
We don't have to push to our governments the usage and adoption of bitcoin. We just need to keep on using it because in the end they are going to voluntarily accept it once they are seeing a lot of good things that bitcoin can contribute to our society. And what is happening now there are some countries that are accepting it.
Perhaps, not many governments are able to take advantage of technology from bitcoin due to technological limitations owned by the country. Many things we can do to show bitcoin for the better, but, it depends again from the government to accept it or not. But I'm really sure that someday bitcoin will be accepted.

That's another hindrance for those countries that are aspiring for their growth. But as long as they are going to see a great advantage that they are going to get from it, for sure that is going to be helpful to them. And they are the ones that will volunteer for the adoption of bitcoin, because they know that is beneficial for them.
That's too simple . Governments will not just accept something without considering its disadvatages and risks because wrong changes can harm not only them but the whole people that's why they are cautious . Honestly, As long as they don't ban bitcoin, it will not be a problem if they don't recognize bitcoin . But just like what everyone is saying every country has its view on bitcoin, Some will accept it some will not .
sr. member
Activity: 518
Merit: 250
When your saying to the government to accept bitcoin it is impossible to do that you need to change the whole system and features of bitcoin has but in what you are saying it is about the company and partnership that bitcoin has it will be acceptd in many company in the future.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
We don't have to push to our governments the usage and adoption of bitcoin. We just need to keep on using it because in the end they are going to voluntarily accept it once they are seeing a lot of good things that bitcoin can contribute to our society. And what is happening now there are some countries that are accepting it.
Perhaps, not many governments are able to take advantage of technology from bitcoin due to technological limitations owned by the country. Many things we can do to show bitcoin for the better, but, it depends again from the government to accept it or not. But I'm really sure that someday bitcoin will be accepted.

That's another hindrance for those countries that are aspiring for their growth. But as long as they are going to see a great advantage that they are going to get from it, for sure that is going to be helpful to them. And they are the ones that will volunteer for the adoption of bitcoin, because they know that is beneficial for them.
legendary
Activity: 1372
Merit: 1008
You ask how?
Well if bitcoin becomes a centralized currency the corporate overlords can use it to gain profit to their people.
Why would they legalize it if they can't gain anything from it?
Yeah if bitcoin can be centralized and provide benefits to governments such as taxes and governments can monitor user activity in bitcoin. Of course the government will not mind to legalize bitcoin
newbie
Activity: 28
Merit: 0
No state currently accepts Bitcoin directly as payment for taxes. However, it's clear that the idea is garnering some interest. In addition to New Hampshire, the state of Utah (maybe not-so-coincidentally the home of Overstock.com) is exploring the idea. This year, Utah State Representative Marc K. Roberts (R), introduced H.C.R. 6, Substitute Concurrent Resolution on Payment Options for State Services which proposes the creation of a Council on Payment Options for State Services to study whether and how the state could accept Bitcoin as a valid form of payment. Included in the list of potential services, via the Office of the State Treasurer and the State Tax Commission, would be the payment of taxes.

For now, most of these ideas are still exploratory - but not so far-fetched. In a recent poll for The Wall Street Journal’s MoneyBeat blog, a whopping 83% of respondents indicated there is a future for cryptocurrencies such as Bitcoin. Whether that future includes a payment option for your taxes remains to be seen.
hero member
Activity: 1190
Merit: 500
You ask how?
Well if bitcoin becomes a centralized currency the corporate overlords can use it to gain profit to their people.
Why would they legalize it if they can't gain anything from it?
You can see. Bitcoin can not be changed to centralization. The nature of the decentralized and anonymous bitcoins will always be in the bitcoin body. And that means bitcoin will continue to be illegal because the government does not dare to take risks
sr. member
Activity: 350
Merit: 250
I don't think that in my country government will start accepting bitcoins or will start supporting bitcoins as they are involved in corrupted activities and if they start accepting bitcoins then it will be an full stop to their insane activities so I don't think that it will ever happen in future.
Not all the governments are same there would be many who will believe in development of the country and allowing bitcoins will help them in reducing the unemployment issue and will contribute in better development of their economy.
I agree.
We all know that governments aren't same.
There are still countries who believes in the power of bitcoin.
So there's a possibility that someday, all the countries will surely accept the bitcoin if they knew its good effect. Smiley
hero member
Activity: 2954
Merit: 796
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?
Here in my opinion the best idea to accept the bitcoin is that they create and launch Thier own bitcoin​ wallet and made a rule that we are restricted to use only tat wallet or just resitered the adress that you want use with the ekyc verification .
So in these both the case government authority will be able to trace our all the activities in the bitcoin and make it fully open and no black money like thing .
And according to our earning in the bitcoin take the tax , in this way we can make earning legally and will support to the country by tax.
Hopefully it happened , but I don't thin that all this is possible .
Here the example of the Japan to accept bitcoin ad legal payment will surely made the change in the thinking of the government of the countries who didn't want to allow the use of the bitcoin .

I admit that wallet can sometimes control your bitcoin but this is not a 100% controllable and I think that the government of that certain country can not do such a thing in controlling the people mind and idea especially if all wallets are online, and they can not do a wide control over certain wallets they don't a power to do such things and people are are using bitcoin will be against it and would conduct rallies that fight the government.

They may be able to control it but it will ask permit to its user or owner if they will allow it to control or open just like our own bank. our bitcoin wallet will not allow o ruin their name for a small amount of coins.
legendary
Activity: 3038
Merit: 1169
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?
Here in my opinion the best idea to accept the bitcoin is that they create and launch Thier own bitcoin​ wallet and made a rule that we are restricted to use only tat wallet or just resitered the adress that you want use with the ekyc verification .
So in these both the case government authority will be able to trace our all the activities in the bitcoin and make it fully open and no black money like thing .
And according to our earning in the bitcoin take the tax , in this way we can make earning legally and will support to the country by tax.
Hopefully it happened , but I don't thin that all this is possible .
Here the example of the Japan to accept bitcoin ad legal payment will surely made the change in the thinking of the government of the countries who didn't want to allow the use of the bitcoin .

I admit that wallet can sometimes control your bitcoin but this is not a 100% controllable and I think that the government of that certain country can not do such a thing in controlling the people mind and idea especially if all wallets are online, and they can not do a wide control over certain wallets they don't a power to do such things and people are are using bitcoin will be against it and would conduct rallies that fight the government.
hero member
Activity: 882
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?
Here in my opinion the best idea to accept the bitcoin is that they create and launch Thier own bitcoin​ wallet and made a rule that we are restricted to use only tat wallet or just resitered the adress that you want use with the ekyc verification .
So in these both the case government authority will be able to trace our all the activities in the bitcoin and make it fully open and no black money like thing .
And according to our earning in the bitcoin take the tax , in this way we can make earning legally and will support to the country by tax.
Hopefully it happened , but I don't thin that all this is possible .
Here the example of the Japan to accept bitcoin ad legal payment will surely made the change in the thinking of the government of the countries who didn't want to allow the use of the bitcoin .
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