As we know that bitcoin is a decentralized currency that does not require a central bank so it can not be controlled by the government. maybe bitcoin will get support from the government if the government can find a way to control the existence of bitcoin so that it will apply the tax system by the government.
If the government supports bitcoin, people will earn huge money from bitcoin trading because it is the most profitable mean for making money. More and more people will put their money in bitcoin because then it will be centralized and legalized. People will be satisfied with their investment because the government will support it and they may take responsibility for any upsets and scams. 
Topic: If the government supports bitcoin instead of the existing currency. - page 15. (Read 25001 times)
September 21, 2018, 04:37:06 AM
September 18, 2018, 07:28:29 AM
If the government supports Bitcoin, it is likely to greatly promote the development of bitcoin and blockchain, and quickly raise the market value of Bitcoin!
Bitcoin now has a consensus in the world, and will definitely get more people's support in the future!
Bitcoin now has a consensus in the world, and will definitely get more people's support in the future!
September 18, 2018, 07:09:53 AM
I think it's very difficult to happen because this government is very difficult to accept payment and circulation of bitcoin, but if the government starts to provide support for the existing cryptocurrency it will make cryptocurrency prices very expensive.
Yeah of course it is very difficult for the government to take control of cryptocurrency like their regular currency because it is decentralized and the governments have nothing to do with it. I think in the future it may possible when all the governments in the world regulate cryptocurrency and keep a record of its transactions, then they can apply taxes on crypto dealings. 
September 18, 2018, 04:32:00 AM
Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
If they don’t have the value then what is it that has the value? I think everything is valued based on the number on it $. By the way, let’s assume that the government decides to go for cryptocurrency and abandon the conventional money we are using now then it will be abandoned by the people too, as they will all go for cryptocurrencies too. But I don’t think that’s going to happen, there is no possible way for that to take place because it is digital and has no physical form. 
September 18, 2018, 02:32:29 AM
Let's be real. The governments already know that crypto currency is better than fiat. I mean the top countries like Japan and Germany already have thier hands on crypto currency. Other countries are simply being manipulated by fiat banks to ban crypto currency in their country. If every one is on crypto then every transaction could be stream lined and efficient.
September 18, 2018, 01:07:12 AM
They never choose it over their own currency. I think the volatility of the value of bitcoin is worst than the inflation and purchasing power of fiat. Another thing is that, it id still decentralized and the government cannot control what should be happening on it.
In my opinion, if the government started supporting Bitcoin rather than the fiat, then the have to make important changes in the policies they have formulated for the advancement and growth of their economy because initially the policies were made keeping the fiat in the mind and the implementation of cryptocurrency as a medium of exchange will not work in the existing policies. The government would need to formulate new policies in order to keep the equilibrium in the economy. 
September 17, 2018, 12:20:14 PM
Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
The government of any state will never support bitcoin in place of its national money. This simply contradicts common sense and laws of economic development of the state. National money is issued for the amount of the country's existing gross product. The state can pre -print money for the amount of annual gross income. Crypto currency will completely destroy all the economic regulation of the state and all for the sake of a virtual currency that is not owned by anyone, not provided with anything, which can not be controlled and which has horrendous volatility? And why do they need these problems? hero member
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September 17, 2018, 12:03:48 PM
Then that will be a good move for the government if it embraces the technology instead of banning them. There will be less fluctuations of its market cap and price since it will attract more investors because bitcoin is backed by the government itself and it gives confident and security on their side especially when bitcoin is also regulated.
it's true that what you say with the government supports bitcoin, the development of bitcoin is also more rapid and the price will also experience a rapid increase. so we are all those who are bitcoin users also join the string because bitcoin can be regulated and get security that is really right from the government 
September 17, 2018, 10:57:12 AM
Regarding this topic, such kind of measures may become reality in a dictatorial state. In the democratic countries there are small changes because there are too many interests.
September 17, 2018, 10:17:54 AM
If the government supports bitcoin instead of pre-existing ones, one of Bitcoin's draws, in addition to rising momentum, is fact. Bitcoin is not strongly correlated with stocks and bonds. It is therefore considered to be a genuine alternative financial product.
September 17, 2018, 09:38:08 AM
Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
This can happen if we all turn away from paper money and banks. But you can see the paper money still decides bitcoin and people are still dominated by the bank, it is difficult for government to support bitcoin 
September 17, 2018, 08:58:28 AM
if the government supports bitcoin then, there will be many new investors who invest their capital in this investment, because it is not impossible if the government has recognized bitcoin, the public and investor confidence will increase, this is a good thing for bitcoin and other crypto currencies, but I think this is a very difficult thing to happen because now most governments are afraid and do not recognize their bitcoin as if by turning a blind eye to this phenomenon
September 17, 2018, 08:44:21 AM
I think it wont happen that government will collaborate with bitcoin and support it, we all know that they are against of it. They will not control bitcoin like paper money. People will acceot bitcoin but government will not.
September 17, 2018, 07:24:08 AM
I think it's very difficult to happen because this government is very difficult to accept payment and circulation of bitcoin, but if the government starts to provide support for the existing cryptocurrency it will make cryptocurrency prices very expensive.
September 17, 2018, 07:10:47 AM
As we know that bitcoin is a decentralized currency that does not require a central bank so it can not be controlled by the government. maybe bitcoin will get support from the government if the government can find a way to control the existence of bitcoin so that it will apply the tax system by the government.
If the government supports bitcoin, people will earn huge money from bitcoin trading because it is the most profitable mean for making money. More and more people will put their money in bitcoin because then it will be centralized and legalized. People will be satisfied with their investment because the government will support it and they may take responsibility for any upsets and scams. 
September 15, 2018, 04:32:51 AM
Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
Will we cannot set aside your predictionthats this would happen soon especially if bitcoin would get an national credit,so that its could eliminate inflation the two relative ratios between the crypto and the fiat currency,otherwise its could happen only if the cryptocurrency would become regulated and legalize all over the worlds because,if this would not implemented everythings are in useless and not worth in the investment.
September 15, 2018, 04:26:07 AM
maybe this is what Bitcoiners hopes most, namely getting support from the government so that if the government supports it, bitcoin can be used as a currency and will be easier to use
September 15, 2018, 04:16:41 AM
Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
I think before it happens, cryptocurrency needs to talk to government first. the goal of crypto is become decentralize which is not controlled by a government. so it really needs a closure before it become legal to a specific country. September 15, 2018, 04:13:57 AM
These are just figures and letters that society knows as having a certain value for a certain moment. Therefore, it is unlikely that any state will ignore its money and use the crypto currency as the main money of this state. This will be a very reckless step.
September 13, 2018, 03:48:44 AM
As we know that bitcoin is a decentralized currency that does not require a central bank so it can not be controlled by the government. maybe bitcoin will get support from the government if the government can find a way to control the existence of bitcoin so that it will apply the tax system by the government.
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