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Topic: Is there any benefit of bitcoin to the government? - page 4. (Read 470 times)

legendary
Activity: 3500
Merit: 6320
Crypto Swap Exchange
Anything that allows the movement of money benefits the government so long as they can track it and tax it.
The problem is most people do not want to be tracked and taxed, so you wind up in the loop of that.

Slowly, there is more acceptance in state & local governments https://bitcointalksearch.org/topic/2023-01-29-new-york-state-takes-a-step-toward-cryptocurrency-adoption-5437485 but like everything else it's a process and will take time.

-Dave

sr. member
Activity: 1470
Merit: 428
Bitcoin has benefits to us, it is why we speak positive about it and support it because if bitcoin was in no way of benefit to us, supporting it will be difficult maybe like the government. Maybe we have all been selfish and just been discussing the benefits that bitcoins have offered us and not how it has also benefitted the government too. Is the government a part of the benefit list of bitcoins, is there any benefit that bitcoin offers to the government? If your answer is "no benefit", do you think that it could be a reason why the government do not support bitcoin? If your answer is "yes, but not enough benefit", do you think they are just ignoring the benefits to them and focusing more on the benefits to the people which is making them angry?

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