Topic: What Can Be Done To Make Government Legalize Bitcoin - page 17. (Read 3521 times)
We as an individual we can't just simply influence the opinion of the government against bitcoin and other alts since they will always made their own study and analysis of it and we know that government always want a favor on their side since they know that people are earning a good amount of profit from it.
I think we should convince the government, if bitcoin is legalized, then, there will be some benefits to be gained by the government, one of which is tax revenue. The government may first make a separate tax regulation for Bitcoin transactions. Then, the next positive impact is the addition of foreign exchange. Because in my opinion, if the rule successfully completed by the government, it will be able to attract investment into the country.
The problem is how it can be done. What about those people that try to hide their earnings taking the advantages of anonymous transactions? How the government can trace those transactions? It's not easy.
I think we should convince the government, if bitcoin is legalized, then, there will be some benefits to be gained by the government, one of which is tax revenue. The government may first make a separate tax regulation for Bitcoin transactions. Then, the next positive impact is the addition of foreign exchange. Because in my opinion, if the rule successfully completed by the government, it will be able to attract investment into the country.
I expect the status quo to get challenged in the near future, and governments can either fight it or accept it. It will happen regardless of what their will wants.
The government is not a novice when it comes to cryptocurrency and this is why they are able to make decisions, either positive or negative, concerning it. However, the government often sees cryptocurrency as a threat and because of this, they decided to make selfish laws concerning cryptocurrency. Government can not be persuaded by anyone. When they see the reason, they will support cryptocurrency.
very difficult to explain to the government because the most important thing in the minds of the government is that people who corruption will be difficult and cause the collapse of the currency price of the country because many people will use bitcoin and leave the currency of the country
That's right! It's too hard if the government will legalize bitcoin, because as you said, the government and banks don't like this idea about using crypto without restrictions because it can kill the local currency, as it will be better for people to use crypto, because it have a very high value, In addition it's very great like an investment.
very difficult to explain to the government because the most important thing in the minds of the government is that people who corruption will be difficult and cause the collapse of the currency price of the country because many people will use bitcoin and leave the currency of the country
For government to make bitcoin legalize is to make bitcoin centralized, but thats impossible to happen, because bitcoin is created to be decentralized in nature, if you are going to make it centralized then its creation will be nonsense. Bitcoin might fall if that thing happen. Bitcoin cant be controlled by anyone so that it cant be change. Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.
I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
I think it is very difficult for anyone to negotiate with the government for them to make legal bitcoin especially of your leader already banned or regulate bitcoin. I think the only for it to be legal in banned countries is to show them what bitcoin can bring to the table or what it can do for them and show them that bitcoin is not only used in business. I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
Right now media and governments are not in the mood of legalizing the bitcoin. Even some countries announced it as banned even there is no evidence of it. We need to understand the power of cypto currency first before fighting for the legalization of bitcoin. There is a lot of negativity in the market and investors are stepping back to save their money.
You are not understanding this very well, they are never going to be in the mood, what bitcoin will have to do if we want it to be legal all over the world is to force the hand of the governments by the will of the people, this is why governments can ban it right now since there are not many people to defend bitcoin right now but once that changes even if the best interests of banks and governments will dictate otherwise they will have to legalize it even if they do not like it because of public pressure.
He just needs time to be trusted. It becomes very popular and spreads wherever possible. I think very soon it will be recognized by banks and other countries.
I believe that the government legalizes bitcoins, they need to work out a very clever tax collection strategy, which at the moment does not allow for centralization and overcome the downturn of the economy within the country, as the money of citizens will be invested in the block system.
Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.
I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
There are many outcomes, but if society wants to save decentralization, we will have to kill mining. Maybe we can build the space solar power station that will maintain the functioning of blockchain net. I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.
I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
If a certain local government were to lift a ban against bitcoin use and operation in their territory, they must first find good in the cryptocurrency. Maqybe by making them find the benefits of bitcoin to a certain country's economy could help, as it could open their eyes that bitcoin is not harmful to their country's economical growth. I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
the government, on the one hand, should understand that the cryptocurrencies are a broad step towards the development of digital technologies. it should be understood that each side has two medals. the same applies to the cryptocurrency: this is not only a step towards development, but also the absence of any regulation by financial institutions. it is for this reason that it is impossible to force the government to legalize bitcoin, because it is not universally understood that the lack of regulation is not the biggest drawback. pluses, it seems to me, still more. as soon as the governments of those countries where bitcoin is banned, it will be understood, then everything will fall into place and it will be legalized everywhere.
Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.
I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
Probably, most of the government leaders realize the capabilities of crypto, including bitcoin. And this is the main reason they avoid actions. Crypto can make people more free from leader`s pressure levers, and leaders don’t want it. I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.
I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
The government banned Bitcoin as a result of them argued Bitcoin is a den of crime because they think bitcoin is a transaction of hackers whose purpose harm the innocent community I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.
I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
If they could see great potential with bitcoin and they get proper knowledge that bitcoin would not do any harm with their economy. I think they would be persuaded and convinced to let bitcoin operate in their country. This already happened to some countries that illegalized bitcoin before which means that it is possible.I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
It country we have a form of transaction called mobile money. With this mobile money, you can send money from one phone to another and the receiver can withdraw the cash from any qualified agent. Transactions can also be traced to to their performers. If bitcoin was operating this way where one can trace a transaction to a particular person , then government wouldn’t have had any problem with bitcoin. I am convinced that governments are afraid to support bitcoin because of the bad deeds some people do and hide behind bitcoin as their tools.
very difficult to explain to the government because the most important thing in the minds of the government is that people who corruption will be difficult and cause the collapse of the currency price of the country because many people will use bitcoin and leave the currency of the country
There are so many banks in one country,if the government will be legalized the bitcoin,what will happen to the banks,if those money matter transactions has been made by bitcoin. I think,many people will prefer to choose the bitcoin transactions rather than banks.
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