What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.
I don't think that regular mortal people, would be having an opportunity to speak with highest ranks of governmental system those who Rule and creates a law system, in order to convince them that bitcoin is worthy and legal, they will count us as dummies. 
Topic: Negotiation with government - page 10. (Read 3067 times)
What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.
Actually, the reason the government forbids Bitcoin as a legal currency is not that there is no income in the tax sector, but the government is really scared if the currency in their country will fall and be replaced by cryptocurrency (Bitcoin). This is what I see, so the tax sector is not the main reason for the government to ban bitcoin as a legal currency. 
What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.
of course this kind of thing has happened in some countries, and of course bitcoin will be more acceptable to the country but there are regulations that handle it. if you want to know more then you should look in other references like google search
It's a good idea because government think bitcoin is not good to their country they expect bitcoin is a cause of losses of their country but they wrong because bitcoin is a source of money and many people are use bitcoin because it's helps us a lot to our financial. Government are banned bitcoin to selected country.
the current debate with the government will also be of no use, because the government is now very cunning in the field of profit, I'm sure most bitcoin not legend in some countries there may be other purposes of all that, it is possible the government will take advantage of bitcoin silently in the future day... 
only taxing the cryptos wouldn't simply mean that cryptos would become legal. the fact that it is very volatile is one why it cannot be used by everyone. you know that $100 today will be $100 after a week too (not taking inflation in the picture). But 1btc today can be $7.5K today but it might increase or decrease tomorrow. It cannot become a currency for everyday users when it has such huge fluctuations.
What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.
Maybe the government is studying the blockchain and the crypto currency. The decision is not that easy and fast since there will be a lot of debates about it. But if they will legalize bitcoin I hope they will not make the tax so high. With the popularity of the blockchain, the government will change its attitude towards BTC!
Try to use BTC to trade with the government, which will make the government slowly realize the advantages of BTC! Slowly open the BTC transaction!
The government will allow Bitcoin to be open the BTC transaction if they truly realize that Bitcoin is beneficial to them. But I think Bitcoin will not be allowed to open the BTC transaction because Bitcoin is still very volatile and Bitcoin prices are always manipulated by whales.Try to use BTC to trade with the government, which will make the government slowly realize the advantages of BTC! Slowly open the BTC transaction!
in fact that's where the problem is, the tax will make the government make money and build its country, so I might agree if bitcoin is legalized and may be subject to an asset tax like gold, anyway this is also for the good of the country itself.
It is not easy to negotiate with the government about accepting bitcoins. Now that the government is still suspicious that Bitcoin will ruin the economy they are building, and they always think that bitcoin is not an asset.
Making bitcoin legal in any Countries in the world by negotiating with government may be very good but on the other hand bitcoin is a decentralize currency with no government have control over it. If government have no power over it, then how can then monitor the inflow and outflow so that they can place task on it? Paying task may not be possible.
I think negotiation is not needed here. Because it is impossible and the government will never accept Bitcoin
I also think that it is not necessary to negotiate with the government if the government prohibits Bitcoin, we can still buy and hold Bitcoin until the government accepts Bitcoin. I believe they will recognize Bitcoin's direct value in the coming months
I think negotiation is not needed here. Because it is impossible and the government will never accept Bitcoin
I think it could happen. provided mutual benefit between both parties. government and BTC. The process is very very not easy to accomplish.
must translate the rules in force in that country. and fully controlled. If the partnership happens, of course good news
must translate the rules in force in that country. and fully controlled. If the partnership happens, of course good news
Depending on what country you're talking about, the laws vary on how Bitcoin is either regulated or ignored or banned all together. If we use America as an example it is not considered as a legal currency, rather it is considered an asset that holds value, and which is therefore taxable. Considering it legal tender is far from happening as when it does it can then compete and be placed and the same value category as the US dollar is.
It is very possible. If the government and bitcoin make a deal and make clear rules about it.
I think it will be difficult, because the government has set its own rules about the currency, be it a national currency or a digital currency ..!
What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.
its a welcome idea, some countries are on it already. but i dont think most govenment will wanna accept this considering the high rate of crime perpetrated with this coin. i mean the "bad people". they use bitcoin for illegal activities.
If I give them taxes, I'm sure the government will agree with the use of bitcoin as a medium for transactions. maybe not as the country's currency, but at least bitcoin gets recognition from the government.
no, it's not really possible as we should have to make a system or someone who could represent Bitcoin, but the idea behind bitcoin is that it's decentralized and for everyone so it will not longer really be what it was suposed too, the only way would be that the government decide it from their ends
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