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Topic: How to make governments accept bitcoin? - page 7. (Read 28968 times)

hero member
Activity: 837
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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?
I think into our generation now, not all government will accept bitcoin. Because most of the government so far was centralize, which means they cannot control bitcoin due to it is decentralization. It will only happen to accept if bitcoin will become centralize but s that's too impossible to be happen.
Not all governments accept bitcoin, because they only see the dark side of the bitcoin. Maybe they think, bitcoin will bring the country worse, and maybe will make the country a loss. Even when bitcoin prices go up so high, it probably will not make them think that bitcoin is good, until many countries accept it.

due to the fact that bitcoin is decentralized and it is hard to operate and manipulate putting taxes on its user ,they don't gives a lot of attention to it too. Though they know it can be benefit their people as much as possible they don't want it known same with it can be used illegally.
legendary
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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?
I think into our generation now, not all government will accept bitcoin. Because most of the government so far was centralize, which means they cannot control bitcoin due to it is decentralization. It will only happen to accept if bitcoin will become centralize but s that's too impossible to be happen.
Not all governments accept bitcoin, because they only see the dark side of the bitcoin. Maybe they think, bitcoin will bring the country worse, and maybe will make the country a loss. Even when bitcoin prices go up so high, it probably will not make them think that bitcoin is good, until many countries accept it.
sr. member
Activity: 798
Merit: 258
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?
I think into our generation now, not all government will accept bitcoin. Because most of the government so far was centralize, which means they cannot control bitcoin due to it is decentralization. It will only happen to accept if bitcoin will become centralize but s that's too impossible to be happen.
hero member
Activity: 1722
Merit: 528
No, dont make governments accept bitcoin. I think it's impossible that government accept bitcoin, because bitcoin is annonymous, they cant track your identity, governments do not like anonymous currency and do ot do anything to device a tool for carry on with that type of currency and bitcoin is not going to deny that feature of itself as it will then destroy the concept of cryptocurrency
no it is not impossible, i think every thing is possible in this world. although in present time it look like difficult but i think in future when bitcoin will become more and more popular when the users of bitcoin will increase more and more,then i am hopeful that the government will take a very positve stop about bitcoin. and hope that they will consider bitcoin as legal currency,  but there is no doubt about that fact that it will take some more time. because the users of bitcoin are still very low.
Yes you are right it is not impossible and as you can see the steps of japan which are going to regulate bitcoin in their country officially from the government side. In the same way other countries will also start to take the same steps when they feel the importance of it in their state.

Not all government, think like Japan, they have different ideas on how will they accept or treat bitcoin. I think the government know what bitcoin can do, that it can help the economy of the country, but they are also thinking about the risk that may ruin not only the people but also the country. I think they will be just sitting and wait first on what and how Japan will do after accepting bitcoin, I think they will base their action after what might happen in Japan.
sr. member
Activity: 602
Merit: 250
No, dont make governments accept bitcoin. I think it's impossible that government accept bitcoin, because bitcoin is annonymous, they cant track your identity, governments do not like anonymous currency and do ot do anything to device a tool for carry on with that type of currency and bitcoin is not going to deny that feature of itself as it will then destroy the concept of cryptocurrency
no it is not impossible, i think every thing is possible in this world. although in present time it look like difficult but i think in future when bitcoin will become more and more popular when the users of bitcoin will increase more and more,then i am hopeful that the government will take a very positve stop about bitcoin. and hope that they will consider bitcoin as legal currency,  but there is no doubt about that fact that it will take some more time. because the users of bitcoin are still very low.
Yes you are right it is not impossible and as you can see the steps of japan which are going to regulate bitcoin in their country officially from the government side. In the same way other countries will also start to take the same steps when they feel the importance of it in their state.
copper member
Activity: 1815
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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?

This is very simple give them a control on bitcoin then they will accept bitcoin because government only threat from bitcoin due to its decentralization, they thought people use that money in corruption etc. So government have control on it no one can use it illegally.
full member
Activity: 162
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Reich mir die Hand
You won't ever make the government accept BTC. If they do, that will be according to their own plans.

We can read, some governments have heavy investments in crypto. But that's to invest their funds and research the technology.

Accepting BTC from citizens is another question. It would be a bit too difficult to control and too valuable.
In practice, governments prefer to print their own currencies with lower value and full control over it.

Exceptions? Some of the more liberal countries such as Netherlands or the tech-experimental countries such as Japan, maybe...
hero member
Activity: 2590
Merit: 644
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?

Let me correct your statement. Bitcoin is not a threat to governments out there but its a threat to the banking system. The Banks are the one who are really running them. You are basically taking away a magic wand from bank owners and making them peasants. The Real problem with bitcoin is that people can evade taxes and thats a big no no for the governments. They won't be able to provide the basic services. This can be solved by asking the public to donate to fulfill these services. There are countless possibilities with bitcoin but governments won't be supporting it any time soon. Unless the banks disappear in thin air. well that's my opinion.
That is why government doesn't accept bitcoin because of being threat to the banking and also financial system because people will choose bitcoin over fiat in doing transactions rather than in banks because of a much cheaper fees and just a fast confirmation or delivery of the bitcoins that have been sent. Government will accept bitcoin unless they were able to take control of it.
legendary
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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?

We must show to them how bitcoin helps us and the advantages of accepting it. It can make every person's life very easy if we use bitocoin. We will show to them that this bitcoin is use in many ways such as buying in groceries, buying online and even in transportation. Goverments must see that even bitcoin have failures it will overcome it and fix it then it will have it's progress in order to be more popular and best among the other alts.

But before saying those things the biggest problem is how do the thirdworld country adopt the bitcoin if they are not a computer illiterate and their country is not really advance in technology . That is the biggest problem. But if it will gonna happen then i think it is very advantage to us because we know what is bitcoin and we can take that as advantage to earn more from the pumping of bitcoin
That's where you're wrong, many third world country citizens have used laptop and gadgets in their life if you're thinking that people in third world country are like tribes who's still having the lifestyle like in the age of stone you're definitely wrong.
In many parts of third world countries, especially their big city, they've used advanced technology and there's no need to struggle to access bitcoin from there. Old people there are indeed lack of knowledge in regards to technology but the new generations have used the technology since long ago.
sr. member
Activity: 490
Merit: 250
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?

We must show to them how bitcoin helps us and the advantages of accepting it. It can make every person's life very easy if we use bitocoin. We will show to them that this bitcoin is use in many ways such as buying in groceries, buying online and even in transportation. Goverments must see that even bitcoin have failures it will overcome it and fix it then it will have it's progress in order to be more popular and best among the other alts.

But before saying those things the biggest problem is how do the thirdworld country adopt the bitcoin if they are not a computer illiterate and their country is not really advance in technology . That is the biggest problem. But if it will gonna happen then i think it is very advantage to us because we know what is bitcoin and we can take that as advantage to earn more from the pumping of bitcoin
legendary
Activity: 1512
Merit: 1218
Change is in your hands
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?

Let me correct your statement. Bitcoin is not a threat to governments out there but its a threat to the banking system. The Banks are the one who are really running them. You are basically taking away a magic wand from bank owners and making them peasants. The Real problem with bitcoin is that people can evade taxes and thats a big no no for the governments. They won't be able to provide the basic services. This can be solved by asking the public to donate to fulfill these services. There are countless possibilities with bitcoin but governments won't be supporting it any time soon. Unless the banks disappear in thin air. well that's my opinion.
sr. member
Activity: 896
Merit: 268
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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?

We must show to them how bitcoin helps us and the advantages of accepting it. It can make every person's life very easy if we use bitocoin. We will show to them that this bitcoin is use in many ways such as buying in groceries, buying online and even in transportation. Goverments must see that even bitcoin have failures it will overcome it and fix it then it will have it's progress in order to be more popular and best among the other alts.
sr. member
Activity: 411
Merit: 335
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?

Ofcourse we need to explain the different instances that bitcoin have. We mus tell to the what are the advantages of using bitcoin and accepring it. We need to show them that even bitcoin have many disadvantages we can fix it and find the right way to fix it. We must show to the how bitcoin help us in different aspect in our life. Bitcoin today is very helpful in our society and many people are going to use it and earn for it.
sr. member
Activity: 476
Merit: 250
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?
The key is the government wants full control of bitcoin and its users. But you know that bitcoin is decentralized and makes the government prohibit bitcoin or not legalize bitcoin
hero member
Activity: 2170
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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.
hero member
Activity: 3024
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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.
hero member
Activity: 994
Merit: 502
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?
We cannot say they can't gain anything. Look at the government that have legalized the bitcoin usage. What they gain is just an ease of access to the users anywhere as well the economic growth as well​a perfect without flaws. Let other governments follow it and make a solution as we the people can't make the government accept it, because depending on Country the users were low.
sr. member
Activity: 1400
Merit: 269
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?
hero member
Activity: 490
Merit: 520
No, dont make governments accept bitcoin. I think it's impossible that government accept bitcoin, because bitcoin is annonymous, they cant track your identity, governments do not like anonymous currency and do ot do anything to device a tool for carry on with that type of currency and bitcoin is not going to deny that feature of itself as it will then destroy the concept of cryptocurrency
no it is not impossible, i think every thing is possible in this world. although in present time it look like difficult but i think in future when bitcoin will become more and more popular when the users of bitcoin will increase more and more,then i am hopeful that the government will take a very positve stop about bitcoin. and hope that they will consider bitcoin as legal currency,  but there is no doubt about that fact that it will take some more time. because the users of bitcoin are still very low.

I think it is very possible that the world government will accept Bitcoin. Especially now that it is becoming known worldwide. If majority of the people preferred to use bitcoin as their currency, the government will have no choice but to accept it because they know that even they banned it, many people will still use it secretly.
Nope, they won't have anything to do with Bitcoin. Their goal is to maintain control and not let anyone slip past what they are able to do, and this means they will be very aggressive when it comes to something like Bitcoin.
Governments often do not care what their people "prefer", they care more about what they're able to do with the power they have thanks to the people voting them in or letting them remain in power. Most people don't even prefer Bitcoin right now anyways, so a government would not have a hard time shutting it down. Average Joe's typically go with whatever helps them go to the next day.
hero member
Activity: 1176
Merit: 509
No, dont make governments accept bitcoin. I think it's impossible that government accept bitcoin, because bitcoin is annonymous, they cant track your identity, governments do not like anonymous currency and do ot do anything to device a tool for carry on with that type of currency and bitcoin is not going to deny that feature of itself as it will then destroy the concept of cryptocurrency
no it is not impossible, i think every thing is possible in this world. although in present time it look like difficult but i think in future when bitcoin will become more and more popular when the users of bitcoin will increase more and more,then i am hopeful that the government will take a very positve stop about bitcoin. and hope that they will consider bitcoin as legal currency,  but there is no doubt about that fact that it will take some more time. because the users of bitcoin are still very low.

I think it is very possible that the world government will accept Bitcoin. Especially now that it is becoming known worldwide. If majority of the people preferred to use bitcoin as their currency, the government will have no choice but to accept it because they know that even they banned it, many people will still use it secretly.
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