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Topic: How to make governments accept bitcoin? - page 9. (Read 28984 times)

legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
This type of proposal should be kept apart,
I think no one government can put it up easily owing to its activities. Although government take into their consideration about Bitcoin then it will be harmful for bitcoit user because of red tape. There will be added so many things which will discourage to involve new people in this site.
I am sure, with the development of the times, the government will accept bitcoin with its own. Well, seeing bitcoin grows so fast, it makes me think that it's only a matter of time that the government takes advantage of bitcoin to improve its country for the better.
hero member
Activity: 826
Merit: 529
This type of proposal should be kept apart,
I think no one government can put it up easily owing to its activities. Although government take into their consideration about Bitcoin then it will be harmful for bitcoit user because of red tape. There will be added so many things which will discourage to involve new people in this site.
sr. member
Activity: 526
Merit: 253
Damn
governments will always think about their own beneficial purpose. Bitcoin is people's money the man behind is fed up with all the banking system and governments. So he created bitcoin as people's money, government need taxes for the usage of bitcoin. Bitcoin is completely regulated under different technology, even though government accepts bitcoin entirely control will not be in their hands
Therefore, the government will never accept bitcoin because it will be a chance for BItcoin to replace FIAt and the government will lose a huge amount of money which comes from tax.
hero member
Activity: 1092
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?

If we are going to base it now to our generation at the present time we had it now, it wouldn't be acceptable for the government to accept it as there own currency legally to their country. Because we already knew that government was always after for the centralization for them to get any benefit from it, and it is also because the government was a regulated industry just like what other private sectors company.
newbie
Activity: 9
Merit: 0
governments will always think about their own beneficial purpose. Bitcoin is people's money the man behind is fed up with all the banking system and governments. So he created bitcoin as people's money, government need taxes for the usage of bitcoin. Bitcoin is completely regulated under different technology, even though government accepts bitcoin entirely control will not be in their hands
legendary
Activity: 1050
Merit: 1001
I think government need to study more about bitcoin and how it works. Because bitcoin its not easy to use an entire city that that they not study about it. And maybe they not adop bitcoin because some people are not use technology and they don't know how to use modern technology.

Yeah, governments needs to integrate Bitcoin and Fiat in such a way to use it together. It should be in a way that both fiat and digital currency work side by side with no loss in government revenue.

I'm not sure that the government is ready to take bitcoin. This is especially true for poor countries. The economy of poor countries is not ready to accept bitcoin. In such countries, bitcoin will kill the economy
No, it depends entirely on which they use to manage bitcoin. Bitcoin really has potential, so poor countries can take advantage of it to develop
People still have a thought about how bitcoin can be used for tech savvy only.
But actually bitcoin is universal , could be used by anyone , developed by anyone no matter they come from a rich or poor country.
The only problem is only on how a lot of traditional thinker cannot moving forward.
copper member
Activity: 2940
Merit: 4101
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Have you hear the news about Malta ready to embrace Bitcoin and Blockchain ?  Grin It's not my country but I am really happy to see a country not so closed mind. Who know if some others countries will follow if they see positive results. Malta is going to attract some Fintech companies with this news.
full member
Activity: 784
Merit: 115
How will I make governments accept bitcoin is, by accepting bitcoins in Schools where student purchase papers for printing their off topic projects, Maybe the Zoo, A wide range of people go to the Zoo for holidays. Wink

i think its not good to do because student is not yet prepared for this and their job is only studying first, maybe if bitcoin is for their homework then its a good reason. i think someone from bitcoin need to meet with the government and explain more about bitcoin with details and maybe the next meeting can discuss about benefit or what next that both side has to do so the government can accept bitcoin without any worry if bitcoin is only use for illegal activity.
hero member
Activity: 1344
Merit: 502
How will I make governments accept bitcoin is, by accepting bitcoins in Schools where student purchase papers for printing their off topic projects, Maybe the Zoo, A wide range of people go to the Zoo for holidays. Wink
hero member
Activity: 826
Merit: 502
Best way is to destroy scams. Having scammy exchanges, scammy people running away, this is what make the trust to do not come. Little by little, by not funding them will make them disappear, and a trust will be contructed over the time.

You can't take all of them down. And even if you successfully do somehow, there will be new scam sites opening up. It's not that hard to make a website if you hire a web developer. And the cost of that is nothing compared to how much these scammers will make. I think what we should do is educate people about such scams. If they are aware of these scams and how they work, then people will know where not to invest to. Thus, these ponzi scams, no matter how many new gimmicks they come up with, will not have that much investors. Hence, they will find other ways to make money. Probably just another way to scam, but people only have to educate themselves once more.
hero member
Activity: 2590
Merit: 644
I think it is not going to be happen that the government will accept bitcoin unless if bitcoin will become regulated, or centralize. But like what like what I said its very impossible.  And they are the one that is responsible for knowing and studying the pros and cons of accepting bitcoin. But it seems that there were countries that likes to keep their ideas shut and doesn't want to let bitcoin intrude their economy.
It is possible for bitcoin to get accepted by the government because it can help the government to earn money by taxing remittances of bitcoin, bitcoin is one of the latest japan adopted technology and that is the proof that bitcoin can be accepted by the government, there is no doubt that bitcoin can do it, just believe in bitcoin. Nothing is impossible.
newbie
Activity: 8
Merit: 0
I think it is not going to be happen that the government will accept bitcoin unless if bitcoin will become regulated, or centralize. But like what like what I said its very impossible.  And they are the one that is responsible for knowing and studying the pros and cons of accepting bitcoin. But it seems that there were countries that likes to keep their ideas shut and doesn't want to let bitcoin intrude their economy.
sr. member
Activity: 406
Merit: 250
I think government need to study more about bitcoin and how it works. Because bitcoin its not easy to use an entire city that that they not study about it. And maybe they not adop bitcoin because some people are not use technology and they don't know how to use modern technology.

Yes, actually the government is the number of the umpteenth. The most important thing is people know bitcoin, and know how to use it. It is the government's responsibility if legalized bitcoin. Then the government should also provide education about this modern technology. So with it maybe the country will be able to accept bitcoin, with the government receiving bitcoin then bitcoin support facilities will be better I think. Thank you
hero member
Activity: 518
Merit: 500
I think government need to study more about bitcoin and how it works. Because bitcoin its not easy to use an entire city that that they not study about it. And maybe they not adop bitcoin because some people are not use technology and they don't know how to use modern technology.

Yeah, governments needs to integrate Bitcoin and Fiat in such a way to use it together. It should be in a way that both fiat and digital currency work side by side with no loss in government revenue.
It can work if the governments agree that bitcoin would be an alternative to the fiat and that they will be the ones to dictate how many bitcoin would be in circulation and what policies it must follow. But with bitcoin still in its infancy stage, this might not happen in the near future as most countries still depend heavily on fiat.
hero member
Activity: 896
Merit: 500
I think government need to study more about bitcoin and how it works. Because bitcoin its not easy to use an entire city that that they not study about it. And maybe they not adop bitcoin because some people are not use technology and they don't know how to use modern technology.

Yeah, governments needs to integrate Bitcoin and Fiat in such a way to use it together. It should be in a way that both fiat and digital currency work side by side with no loss in government revenue.

I'm not sure that the government is ready to take bitcoin. This is especially true for poor countries. The economy of poor countries is not ready to accept bitcoin. In such countries, bitcoin will kill the economy
No, it depends entirely on which they use to manage bitcoin. Bitcoin really has potential, so poor countries can take advantage of it to develop
newbie
Activity: 46
Merit: 0
I think government need to study more about bitcoin and how it works. Because bitcoin its not easy to use an entire city that that they not study about it. And maybe they not adop bitcoin because some people are not use technology and they don't know how to use modern technology.

Yeah, governments needs to integrate Bitcoin and Fiat in such a way to use it together. It should be in a way that both fiat and digital currency work side by side with no loss in government revenue.

I'm not sure that the government is ready to take bitcoin. This is especially true for poor countries. The economy of poor countries is not ready to accept bitcoin. In such countries, bitcoin will kill the economy
hero member
Activity: 798
Merit: 500
I think government need to study more about bitcoin and how it works. Because bitcoin its not easy to use an entire city that that they not study about it. And maybe they not adop bitcoin because some people are not use technology and they don't know how to use modern technology.

Yeah, governments needs to integrate Bitcoin and Fiat in such a way to use it together. It should be in a way that both fiat and digital currency work side by side with no loss in government revenue.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
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 don't need to do acrions regarding that since governments are currently studying bitcoin to be used as major currency. It's normal to make many years to study on thing if it is a big decision although its potential is huge and its convinece is provided at all.
sr. member
Activity: 322
Merit: 250
Bitcoin will never be accepted by the State because they can't control the supply. End of story. He who controls the money controls everything. That is why alt currencies are a threat to governments. They can already trace the transactions so pseudo anonymity is of no consequence to them
sr. member
Activity: 1288
Merit: 253
I think government need to study more about bitcoin and how it works. Because bitcoin its not easy to use an entire city that that they not study about it. And maybe they not adop bitcoin because some people are not use technology and they don't know how to use modern technology.

Third world countries are accustomed to following what developed countries do, many countries that make America and Russia as benchmarks, so if these two countries have positive steps on bitcoin, they will automatically follow it in bulk, comparative study requires time and government budget that's not a little value, but this doesn't matter because they use positive laws to continue to develop civilization.

The best way to continue to seduce the government to accept bitcoin is to continue to improve consistency of community and increasing volume in trading market, indirectly will continue to move the global power that the future will not be rejected by government and world civilization.
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