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.
Agree or not, they will find a way to tax Bitcoin users, probably by taxing the exchanges. However, I think governments would like to create their own blockchain than using bitcoin, if one day they decide to legalize cryptos. 
Topic: Negotiation with government - page 17. (Read 3069 times)
Our government never really negotiate with citizens. State even wanted to ban bitcoin and jail its users, but they realized that such decision will cause massive disobey and havoc, thats why they are waiting. State consider us as slaves here
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.
This is somewhat unrealistic. The government itself has a rough idea about bitcoin and it is difficult for us to interfere with these people. Of course, if you are a member of the government, then you have the ability to do this.
If people started doing petition and gathering signatures for everyone, create a proposal and submit it to official concerns, and do follow up, then I thinks some changes and suggestion front he government might come!
if bitcoin users pay tax for every transactions or the government allowed to control our bitcoin wallet i think government will agreed and decide to legalized bitcoin but i don't want they control my wallet or while use bitcoin i don't want to paying tax to them and currently as long as they not bann bitcoin i think it does not matter if government not legalized bitcoin
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?
Certainly a viable solution. It is the only way to make bitcoin legal is by giving the government taxes from our earning via bitcoin. There should be enough consensus among bitcoin traders and miners (on different countries) what percent is taxable and viable for us. I know some government may induce high taxes which are not or seems viable.
Will government then make Bitcoin a legal currency.
Yes, If bitcoin was taxable then the probability of bitcoin being legal is high.
Government are so afraid to legalise bitcoin because of the anonymous transaction as most see it way of laundering and promoting shady deal.
Thats what the government are trying to eliminate when legalizing bitcoin. Majority of bitcoin user are legal people and only a bunch of user do transact illegally.
Sure, I'll just give Trump a call and arrange a negotiation. He likes negotiations. He makes good and big negotiations. Always good terms. Always good terms.
Government are so afraid to legalise bitcoin because of the anonymous transaction as most see it way of laundering and promoting shady deal.
What if governments somehow manage to link our unique id with Bitcoin wallet and bank account. Or what if government manage to make such crypto wallets which can record the transactions details.Like every time we use internet we registered our devices with its unique MAC address and IP address so government can use those IDs to track transactions.
No country will include Bitcoin as legal tender. This is because mst people cannot accept it in settlement of a debt.
Which countries have made it illegal to own Bitcoin?
Which countries have made it illegal to own Bitcoin?
you can't really generalize. Tax is not the only concern of governments. Take China for example, bitcoin was (and is) really threatening their artificial inflation, they want to keep the yuan low so it trades well against the dollar.
Government are so afraid to legalise bitcoin because of the anonymous transaction as most see it way of laundering and promoting shady deal.
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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.
To negotiate with the government is to show its weakness. We have different goals. Such negotiations have no prospects. I think we should use bitcoin and not pay attention to the opinion of governments. Only when governments admit they've lost will they make concessions. It may be a long road, but we have to follow it.Agree with you on this.
Crypto is created so we don't have to be worried or persuade anyone of anything. It is peer to peer and government should not interfere there. But I also understand that almost everyone will come to a point where they would want to sell crypto and get cash, and that creates problems...
it is necessary that the government should be replaced differently the present will not give a full development, the politicians have their own business, and by introducing bitcoins or other crypto money they receive as a result an outflow of capital from the business that entails bankruptcy! so this is a long question!
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.
We don’t need any negotiation with the government because time will come they will realize how good cryptocurrency is. In the future for sure they will make bitcoin as a legal currecy, but it really takes time before that things to happen.
No negotiations with the governments make no sense. It is unlikely that any government will agree to talk simply with individual citizens. Recognition of crypto currency as a means of payment is still maturing. Recently, the European Court of Human Rights has ordered the German government to recognize bitcoin as a means of payment. This means that such a decision will also be mandatory for 41 countries that signed the 1950 Convention for the Protection of Human Rights and Fundamental Freedoms. So bitcoin will soon be a legal tender in most countries.
This topic has been addressed multiple times, privacy altcoins should solve the regulation issue with ease. Privacy altcoins that provide true anonymity to protect the users, and provide decentralization to protect the blockchain, are a valid solution to make any cryptocurrency immune to any regulation. Be careful, as most privacy altcoins claim privacy but not truly anonymous.
It wouldn't be appropriate to leave without a recommendation from my side, so I have to mention what I believe will become the leader in the future of privacy cryptocurrency. DeepOnion achieves privacy by integrating Tor, a solid platform for user anonymity, along with OBFS4 bridges and MEEK to circumvent censorship and snooping. The project is huge and cannot be summarized in a single post. DeepOnion is still in the airdrop phase, distributing the coins to the public for free, check the link in my signatures to join.
It wouldn't be appropriate to leave without a recommendation from my side, so I have to mention what I believe will become the leader in the future of privacy cryptocurrency. DeepOnion achieves privacy by integrating Tor, a solid platform for user anonymity, along with OBFS4 bridges and MEEK to circumvent censorship and snooping. The project is huge and cannot be summarized in a single post. DeepOnion is still in the airdrop phase, distributing the coins to the public for free, check the link in my signatures to join.
There's no need for negotiations with any government. The governments will accept cryptocurrencies, but after having regulations. That means transactions will be taxed and are no longer decentralized. And that's just not what cryptocurrencies were made for.
About the negotation with the government. There's a rumors that the G20 summit will held a meeting on March 19 and 20. Guess what? A Mega Cycle bull is comfirmed. bitcoin is coming on our way.
I like positive predictions, and this one of them. When I think about it
I think why not? G20 is big happening, they need to discuss about crypto-
currencies, it is not big it is huge!
I never paid attention of big political happenings, but on this one I will.
You made me interested, if they make positive environment for crypto-
currencies that will be a huge for all of us who have some coins! Why not,
there are some smart politicians that see the crypto-future as we do here,
it will be interesting to see what will happen on that summit! I will be
optimistic about it!
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.
To negotiate with the government is to show its weakness. We have different goals. Such negotiations have no prospects. I think we should use bitcoin and not pay attention to the opinion of governments. Only when governments admit they've lost will they make concessions. It may be a long road, but we have to follow it.Agree with you on this.
Crypto is created so we don't have to be worried or persuade anyone of anything. It is peer to peer and government should not interfere there. But I also understand that almost everyone will come to a point where they would want to sell crypto and get cash, and that creates problems...
preferably like that, than the government forbids its citizens using bitcoin.
should be applied rules and taxes to bitcoin users. it will also increase state revenue.
should be applied rules and taxes to bitcoin users. it will also increase state revenue.
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