Topic: Please stop blaming "the government" for lack of Bitcoin mass payment adoption - page 2. (Read 588 times)

agreed instead we should strive to try to improve the current system being delusional and saying that bitcoin is perfect as it is won’t get us anywhere.
the first step in solving a problem is identifying the problem

i believe… That bitcoin has a lot in store and we should take a step backward to reflect on what can we improve on i just hope that actually someone comes up with a solution whether that would be another genius or satoshi himself 

It contradicts the whole system, if you're looking for decentralization and privacy, if you ask government to adopt it, they will ruin the decentralization and privacy.

Unfortunately Bitcoin isn't private, anyone can see all address, balance and history on the explorer. Fast, low fee, decentralized and private are suit to Monero, but there are many centralized exchanges already delist Monero. So there's no way the government will adopt Monero.

There are no meaningful restrictions on the use of Bitcoin in the USA. Anybody can buy, hold and sell Bitcoin, cryptos, and non-blockchain digital currencies. This is demonstrated by the fact that billions of dollars worth of Bitcoin is traded every single day in the USA, and there are millions of holders of Bitcoin investments which are ultimately backed by companies that trade directly in Bitcoin.

When you can go on the Internet and buy Bitcoin in five minutes with your credit card and the US government will not arrest or otherwise penalize you for doing so, this is what I call "perfectly legal". Maybe your definition of that is different, but that's how I use the term.

Perfectly?
you might want to check the legislation terms .. its not so perfect
i preferred the era before legislation, back when bitcoin was termed 'not illegal' (separate status different to 'legal' ratified by legislation)

What governments are you talking about? Certainly in the USA that is not the case--Bitcoin and other cryptos are perfectly legal here.

What country do you live in where Bitcoin is being thwarted by the government?

That's actually not the main problem why governments don't want full adoption of Bitcoin.

Each government in several countries certainly has their own research and will have different problems.
It cannot be generalized that every country has the same constraints.

Banks are indeed a barrier to adoption, as traditional money is still the primary means of transaction.
But the main reason why adoption cannot be done is the application of Blockchain Technology, which cannot provide freedom of space for the government so that everything can be tracked, and the government does not have any control over it.

Governments prefer centralization, whatever they must be able to control, otherwise there will be strict regulations imposed.

No Never !
The government is not even ready to accept that there is a system that is not under the supervision of the government, even if these useless governors know that they cannot stop the decentralized system, if they do not have the ability to fight against one thing. If so, he doesn't have his own wisdom, but this fool can't discover a system that has fast transactions and a low fee, and he has no interest in himself. which is required by a servant in daily life i.e., fast, low fee, and private. 
 
Why isn't the government ready to adopt Bitcoin?
 
 I have an answer
 
Actually every Governement is well aware of how great Bitcion Bitcion is and how easy it provides to humans. But the reason for not adopting is people with useless currency, i.e., Banks. This Banks system is the one that hesitates to adopt Bitcoin because in the banks that have this large number of salary holders who take salary without work, they will be on leave because of Bitcoin because blockchain will give people the option to do any time and will be able to transact in a few minutes from anywhere at a low fee.

its a well known term of "barrier of entry"
if they can lobby for set standards to be able to perform in an industry, it then controls the newbies and opponents from competing, especially of those lobbying for standards already meeting the standards based on their fiat policies of compliance..
thus new start-ups then need to jump over hurdles to get-in

how else do you think big businesses monopolise markets

I guess we shouldn't be surprised, but it's still amazing to me that something invented in the context Bitcoin was invented would now have proponents begging the government for special favors so their investment will increase in value. I'm not saying it's all Bitcoin enthusiasts or even a majority, but it's still amazing.

to be LEGAL. in actual fact is where this is legislation to permit it/ratify it as usable.. where most permit usually come with conditions
EG
drinking alcohol is legal.. as long as you are of age and not driving while drunk
centuries ago alcohol was not illegal as there were no legislation regarding alcohol centuries ago. it was wild west open to use and abuse.. until legislation came along to ratify it as legal (after prohibiting it for a time first)
and thats how they catch you. by adding terms into the ratification of legalising something, permitting, licencing it



just because bitcoin has libertarian roots.. does not mean using bitcoin de-citizenises people to suddenly be outside of the jurisdiction the live..
people and businesses still need to follow the legislation of there country.. even when using bitcoin
(laws can only threaten people.. not code..(code has no brain no eyes, no ears))

yes bitcoin began with a clean slate.. no law existed to say yay or nay... it was new thus lack of yay/nay meant it was not ratified as legal. but also not declared as illegal.. thus was open to be used and treated as not illegal due to lack of legislation
(no legislation = not illegal....   legislation allowing=legal  legislation not allowing=illegal... 3 separate statuses)

but over the years legislation did begin.. and we(humans) need to ensure the legislation does not over step too far..

bitcoin has no legs, no arms. no brain, no ear, no mouth.. it cannot change or prevent laws..
PEOPLE and BUSINESSES need to scrutinise and lobby government to not overstep.. however there is a profit greed group lobbying the other way, wanting bitcoin to be treated a certain way for their own profit desires even at a cost of the libertarian way bitcoin begun

Can you give us a specific example? As my link in the OP shows, there are almost no countries in the world that outlaw Bitcoin. And the countries where it is legal represent about 98% of the world's economy.



These two statements seem to contradict one another. On one hand you are saying that using the government to force people to accept Bitcoin will never work, and then you go on to say that it will require governments to... force people to use crypto.

The "buddy cop movie" approach between a private entity and the government is also known as "crony capitalism", wherein businesses extract special favors from the government in order to get ahead. Why do you think Bitcoin needs that? Why can't it succeed on its own?

And do you understand how contrary that is to Bitcoin's libertarian roots?

This mix-and-match approach reflects the confusion surrounding crypto – is it a revolutionary tech or a risky gamble? Jury's still out, but one thing's clear: legality is a major roadblock to wider adoption. But here's the twist: super strict rules might kill the fun altogether! Crypto's all about innovation, and too much red tape can stifle its potential. Finding the sweet spot between freedom and control is key.

Forcing people to adopt crypto is like forcing broccoli down your little cousin's throat – it ain't gonna work. Instead, we need organic growth fueled by education, understanding, and responsible development.

The future of crypto and governments is like a buddy cop movie – they gotta work together to make it work. Governments need to listen to the crypto crew, understand the tech, and create rules that protect people without killing the vibe. Crypto's more than just making quick bucks – it's about a whole new way of thinking about money and tech.

Because most crypto enthusiasts have very little understanding of how government works and what they can do. If government really hated Bitcoin, they would take very simple steps - ordering banks to stop servicing large crypto trading platforms and a bit harder but still doable - monitor p2p transfers and freeze suspect traders. This alone would destroy 99.9% of Bitcoin liquidity and Bitcoin would be traded mostly for cash, gift cards, stolen credit cards and so on and basically it would be worth $500 or so. And true believers would still hoard it and wait for the day when government collapses and their coins become world currency.

Satoshi also never mentioned whether bitcoin would replace or completely destroy the current monetary system. These misunderstandings are largely of our own making and have spread to this day. Many people feel disgusted with fiat, banks and they worship bitcoin, from there they propagate that bitcoin will defeat the government monetary system. But because of this inaccurate propaganda, it has also unintentionally caused misunderstandings between banks, governments and bitcoin. They believe that bitcoin is a real threat and there have been many bans of bitcoin over the years.

Personally, I think that even if bitcoin does not become an asset like what is happening, bitcoin will never be able to become the main currency of the world, it will never happen. As long as the government still controls this world, bitcoin or any coin will never become the main currency without recognition.

The initial concept that we have always understood until now about bitcoin is not as a replacement but as an option. We must be able to distinguish between payment options and substitutes in payments because in this case bitcoin is not a substitute because fiat and legal currency of the current government remains a major payment method and we certainly know that.

I think in this case we ourselves are the ones who actually impose a little will because after all fiat is still fiat which will remain a primary part of our needs regardless of the existence of bitcoin or not fiat will remain the main payment. As for bitcoin, it is only as a companion if we want to use it but it is also not a real force.
Do not as if to say that all those in bitcoin have a desire that bitcoin is recognized and made as a legal payment replacing fiat because not all are like that which is precisely if we hold fast to things like this misunderstanding will widen and make it seem as if people who are in bitcoin are dissidents because they do not obey the government who wants a new revolution in the payment system and replace fiat with bitcoin.

Right. VPNs can be a sneaky way to still mess around with Bitcoin even if a country says no. Luckily no bans in your neck of the woods so you're rocking both fiat and Bitcoin without a hitch. Using regular money for day-to-day stuff and keeping Bitcoin as your investment sidekick sounds like a sweet combo like convenience meets some crypto fun

Well, to be honest even with the banning of Bitcoin in a specific country I think we can still interact with it by using VPN's but yeah I don't have problems using both assets alongside each other so there is no need for me to blame the government because they don't ban it here in my country. Regulations only works on local and international exchanges that is registered here in my country and it's all working good. It's convenient and fun using fiat on a daily basis and at the same time using Bitcoin as an investment.

There are still not so much bitcoiners in the world and even less of them are ready to spend crypto. That's the reason

I agree with that statement, but what if BTC transaction become cheaper and the usage of cold wallets becomes more user friendly?
I know that it's close to impossible for the BTC blockchain to beat the fiat payment systems in terms of fees and transaction quantity, but what if Bitcoin upgrades to another level, or what if a better altcoin gets invented?
Bitcoin already got mass adoption as a speculative investment/"digital gold", I don't think that BTC will ever get mass adoption as an actual currency. The first problem is price volatility, the second problem is that there's no point for the businesses to invest in a BTC/crypto payment gateway infrastructure, because it's not worth it.

i have been to many countries spoke to many people as individuals and businesses and when many speak of bitcoin in less developed countries, they liked(past tense) the idea of a currency that can remit and offer payments for commerce.. but then returning years later they said the fee's were the reason they stopped accepting bitcoin as payment
they also noted the temporary drop in fee's didnt last long enough to promote accepting bitcoin for goods again before the spam restarted..
never did they say they stopped due to preferring it as investment, nor did they say about customer preferring to hoard for fomo.. they were annoyed by the fees.

countries where $1-$10 is a days wage is why developing countries dont adopt bitcoin as a payment option for commerce
(and dont reply thinking its an opportunity to promote the flawed sandbox test of bugs of the subnetwork you think billions of developing countries should use, so dont try advertising it as much as you have at as many opportunities as you have.. stick to caring and concentrating on BITCOIN not other network promotions)