What about a Bitcoin government ? - page 7.

Noa_Amable

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Quote from: Ucy on April 04, 2019, 03:10:28 PM

I really doubt they will legalize cryptocurrency without trying to control it.
I think it is much better we use Bitcoin the way it was meant to be used. It was meant to be used person-to-person or peer-to-peer, no middlemen or central bank

peer to peer and that's it? then crypto will die soon or will be widely used by criminals so far.
we need it to be legalized and then it could be used much wider than it is now.

harbin55

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Bitcoin government sounds cool and a great thing because it shows that there is a body that will regulates the operations of bitcoins in all over the world. Providing a equal right and justice is a great thing to assured that all investors in this community are legit and scam free.

But for me it will take a long run before it was established since bitcoin is not open in all countries in this world.

Tylev

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In practice, this cannot be done, and if we allow the creation of such an international structure that will manage Bitcoins, then this structure will be ineffective, since for its work in different states this structure will need to act through local government bodies. After all, all issues in each state can still be solved only by the state bodies of this state. Therefore, such a structure will simply be inefficient and redundant. In addition, it will mean the actual centralization of Bitcoin.

Ipwich

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I don't think that kind of government would exist, we are not big and we only have one government in every country, and if they have to regulate bitcoin, it will be part of their job them. Bitcoin will never exceed the success of the current system, it will remain regulated and we follow the regulation to enjoy using bitcoin for long time.

arpon11

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Quote from: ?? on ??

It is definitely against the Satoshi's vision. He has tried to create a trustless system without the need of any governance.

That is what some of us did not understand and it is very difficult to explain the reality to somebody that is coming to the cryptocurrencies community for the first time. Many people did not know that the Primary aim of adventing bitcoin was to have a system that did not depend on our current financial system which has no real value but a legal tender. I just have to be truth with us for saying satoshi is one of a greatest human beings that ever lived and he is trying to change the laws of money and how we should used money.
Governments may trying to create a centralized digital currency in future but that is not bitcoin, we know bitcoin is decentralized and is far more better than fiat and in future we are all going to used it.

alcoholboy

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Yes, of course, the government needs a bitcoin. Because a government is governed by a systematic order, the Bitcoin government also handled the work properly. Different types of banks control this Bitcoin and there is a possibility of a run-up.
But if there is a specific government system for Bitcoin, its legitimacy will increase considerably. Bitcoin users will benefit from most of this.
So Bitcoin needs the government to ensure the right and easy use of Bitcoin.

Thank You

joshy23

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When you say government means there must be someone to govern?so who would that be?we are here because of anonymity and decentralization but if we will allow this proposal from yours then everything will turns out nothing because we will be back on what we are in past?from the government that we leave behind when we decide to enter and invest in cryptocurrency

proTECH77

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Quote from: Kulkhan on April 04, 2019, 05:33:00 AM

Quote from: pooya87 on April 02, 2019, 10:12:30 PM

what you are asking for sounds a lot like centralization and it won't ever go fine with bitcoin. we are all here because we wanted a decentralized currency without a "government" to control it or make any kind of decisions for its future, legalization,...

Yes Bitcoin Is Decentralized. So Bitcoin's no need Government. When Bitcoin will be centralized then Bitcoin will lost it’s Beauty.

Bitcoin as a project has it RoadMap which doesn't involve any government at any level to associate with. As rightly said, Bitcoin was meant to be decentralize, given freedom, transparency and anonymity to the people who were oppress by the government. We don't need government Bitcoin, we are okay with the people's Bitcoin(decentralization).

AjithBtc

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Whenever a government is formed initially they used to raise voice for the common people. When days pass this will slowly start to go low and the high profiled people in the government will starts to increase his personal earning through corruption and other forms. When similar government is formed to support and help with legalities on other governments it will loose its uniqueness and people will fight to be the leader and several unwanted complications in the name of bitcoin will take place.

Kulkhan

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Quote from: pooya87 on April 02, 2019, 10:12:30 PM

what you are asking for sounds a lot like centralization and it won't ever go fine with bitcoin. we are all here because we wanted a decentralized currency without a "government" to control it or make any kind of decisions for its future, legalization,...

Yes Bitcoin Is Decentralized. So Bitcoin's no need Government. When Bitcoin will be centralized then Bitcoin will lost it’s Beauty.

olliecrypto

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a bitcoin government?
decentralized doesn't mean much to you, does it?
also, if ever there was a government set up for bitcoin, the people within it would be under pressure by other governments to hand over control, shut down, or do something that would absolve bitcoin, as it takes away from the power of local government fiat.

Betwrong

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Quote from: joinfree on April 11, 2019, 01:45:41 AM

The cryptospace does not need any government to rule over Bitcoin. Consider all the dictating that are being meted out to us by most governments with the use of fiat currency. Do you think we want to be in such situation all over again? Well they can decide never to legalize bitcoin globally, the cryptospace would still use it for their transactions and i think that alone is enough to get us going other than putting the authority back in the hands of the government again.

I agree. People are not perfect and that's why we shouldn't depend on their decisions. The beauty of Bitcoin is that a miner can have good or bad intentions, it doesn't matter. Human factor is not only minimized but eliminated completely in this system, and that's why no government for keeping order and justice is needed. A number of nodes can be run by Satan himself, and yet the only thing they can do is contributing to the security of the network.

joinfree

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The cryptospace does not need any government to rule over Bitcoin. Consider all the dictating that are being meted out to us by most governments with the use of fiat currency. Do you think we want to be in such situation all over again? Well they can decide never to legalize bitcoin globally, the cryptospace would still use it for their transactions and i think that alone is enough to get us going other than putting the authority back in the hands of the government again.

DreamStage

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Quote from: judeafante on April 05, 2019, 08:24:23 AM

No, we don't need one, because Bitcoin is decentralized and unregulated if we will establish one then it's not decentralized anymore, people will ask KYC and besides some goverment are not against it, here in our country we have an exchanger that is fully supported by our central bank.

Well but if government does accepts it by asking for some KYC and taxes which will make it regulated than it would be ok to accept it as being some government controlled currency.
As long it stays with obvious and accepted control by us (the users) following some particular rules.
I believe we would be fine with some kind of relation between normal users and the government.

hxtop

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For legalizing something, you must have authority or control. Governments would not share their authorities. There is only one way to go. We must increase our pressure on making governments consider to accept bitcoin as a currency.

pushups44

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We need governments to accommodate cryptocurrency investors, but bitcoin does not need a government. We need the government to step back and allow people to choose which money they would rather use. The government should play a role in eliminating fraud and abuse.

Bitum

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Bitcoin was initially thought of as a counterpart to the fiat and state. And today we observe how the states like to regulate the market unconditionally. From my point of view, this is not a good idea for everyone. From one side that brings a lot of order and security, from others - more control from the governments. I'm against it

Spaffin

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Any structure that stands above Bitcoin and that will manage it somehow makes it one step closer to centralization. And who and how will act on behalf of Bitcoin? Any government created by the community will have no real power in the territory of specific states. All this is an absolutely unnecessary and useless structure. We do not need another government. It is necessary that the states lalizovat cryptocurrency on acceptable conditions.

Betwrong

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I think any government in the future is going to be a pro-bitcoin one, because it will be more like to be a pro-internet or pro-smartphone government currently. As for a government whose main goal would be supporting Bitcoin, I don't think we need one. As @Lucius has rightly pointed out, the real power of Bitcoin is in millions of people around the world supporting it. We don't need a government forcing others to respect this great currency.

Slow death

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Quote from: fiulpro on April 02, 2019, 05:26:22 PM

I just wanted to discuss - *DO WE NEED BITCOIN GOVERNMENT?*

Look:

- Bitcoin Cash

- First Bitcoin ( first time I hear about this shitcoin)

Tweets by @First_Bitcoin:

https://twitter.com/account/suspended

Grin

- Bitcoin Diamond

- Bitcoin Private

- Bitcoin Gold

- Bitcoin SV

Now imagine what would have happened if it were a bitcoin government?

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