Topic: What Can Be Done To Make Government Legalize Bitcoin - page 20. (Read 3521 times)
If the government can benefit from bitcoin i think for sure they will legalize it.
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 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 bitcoin is the future technology. Crypto currency will be needed in the future. The government should accept and legalize crypto, because no one can refuse the technology.
Governments look for liability if something is proposing for government support. Since cryptocurrency is decentralized, no given body can be held liable for it to be legalized.
After it becomes legalized, it will be regulated and like the Chinese government wanted it will be monitored either by the bank or any government agencies.
After it becomes legalized, it will be regulated and like the Chinese government wanted it will be monitored either by the bank or any government agencies.
Indeed, many countries are still prohibiting transactions with bitcoin, including my country, Indonesia. I was initially very sad if I would get limited access to transact with bitcoin. But, thank Goodness, I can still work with bitcoin. A challenge for me so that my country can legalize bitcoin. However, as an ordinary people, I can not do much that can directly affect the policies made by the government. I can only share stories in social media about my experience using bitcoin. I honestly told about bitcoin. I also told if bitcoin is illegal because so far often bitcoin is used as a means of crime transaction. This is because the act of people who are not responsible without moral. I hope the government hears my heart and becomes more open with bitcoin.
There's nothing we can do to make the country's government to legalize bitcoin, it still up to them to make a decision nor policy regarding it. but in the near future we can still hope that something good is going to happen to make great change.
Legalized or not bitcoin and crypto will still be used and are not going anywhere! 
in my opinion, why so far many countries have been banned from crypto currency (bitcoin) since each state has encountered the moment how it can be regulated and how we all understand that this is practically impossible, this is a new era for many countries and they are afraid of making mistakes, but just a few years later they will not have to remain options as to the lawful level of accepting it, since we all understand that people will continue to invest in it their own means, whether the state wants it or not.
I think that this question will be solved by itself! Just use bitcoin and the government will sooner or later be obliged to legalize it!
My country also forbids transactions using bitcoins. It's my big challenge for my country to be more open with the presence of this crypto currency. I will only share what I do to make my country's government begin to realize the benefits of bitcoin. I try to share positive news about the benefits of bitcoin to social media, eg facebook, twitter, instagram, and anywhere that can be read by government agencies. I share the news about the development of bitcoin and other recent crypto currencies. I also add caption or just criticism and suggestions for the news. That's an example of a small effort that I'm doing.
There's nothing can be done specially we are talking about governments, the only thing that can be done to make it legalized is time, time for them to make a deeper study about bitcoin and how the technology works itself, kn that way theres a possibility that they will see the main purpose of bitcoin and what good can it be done if they can see that there are a lot of oppurtunities then theres a chance of legalizing it in a country
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.
Government is the one who is the supreme body of the nation and for using bitcoin or any other crypto currency or using anything, first you need to have permission with government. Governments of many countries are against of crypto currencies and they are even continuously demotivating people for not to invest into bitcoin and other crypto currencies. Governments needs to understand the real potential of bitcoin that how it helped millions of people to get employment and its introduction in any currency will always brings development to the country. 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.
Try to create a legitimate cryptocurrency group in your country and invite all the investors, supporters and enthusiasts in your country to become members of your group. If your crypto group grows big enough to make a voice, then try to petition your monetray authorities for bitcoin legalization. The leaders in your country should be open minded so they hear your petition.
Someone from the cryptoworld should be able to represent the bitcoin community, something like cruptocurrency ambassador who will be the coice of the next generation currency.
The Bitcoin market is full of profits, and the national government will not miss these opportunities.
So they are looking for opportunities and rules to regulate Bitcoin. Blockchain technology is similar to the Internet of the past and no country can ignore it.
So they are looking for opportunities and rules to regulate Bitcoin. Blockchain technology is similar to the Internet of the past and no country can ignore it.
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 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 that a lot of processes can be done to legalize the bitcoin of the government such as the bitcoin tax filing of the government and so on but now the bitcoin is not illegal so the government does not support it so they can say that it is illegal .
The major and the mosr critical reason in view of which numerous nations are venturing back in legitimizing or authorizing bitcoin exchange, and even discusses prohibiting the reality their is no institutional or authoritive sponsorship behind bitcoin. Consider the possibility that something immensely wrong occurs in the bitcoin world and residents lose gigantic measure of assets, who is capable. Whom should we grumble? Is there any support or specialist against which we can dissent? Or on the other hand atleast ask help with?
This anonimity of bitcoin is making is unsafe for governments to transparently enable its natives to vest their wage into it. Its not just about decentralized thing and that administration is doing this since its not having the capacity to control bitcoin, dislike that. Regardless of whether bitcoin was, as a rule similarly famous as now, sponsored by some privately owned business, the administrations wouldnt have any issue with it.
So the self evident truth is that we at ground level can't do much aside from achieve increasingly trust over bitcoin in the market, and might be by observing immense client base and trust, government should seriously mull over legitimizing bitcoin exchanges.
This anonimity of bitcoin is making is unsafe for governments to transparently enable its natives to vest their wage into it. Its not just about decentralized thing and that administration is doing this since its not having the capacity to control bitcoin, dislike that. Regardless of whether bitcoin was, as a rule similarly famous as now, sponsored by some privately owned business, the administrations wouldnt have any issue with it.
So the self evident truth is that we at ground level can't do much aside from achieve increasingly trust over bitcoin in the market, and might be by observing immense client base and trust, government should seriously mull over legitimizing bitcoin exchanges.
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 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.
Some countries still not allowing trading or pay using bitcoin now, but i am sure that someday they will allow and not banning it anymore.
For example in my country, bitcoin as a payment is forbiddden, but you can still trading bitcoin or other cryptocurrency as well.
Bitcoin collapsing the banking system is actually an impression that makes the government disapprove bitcoin. The idea of a cashless country, destroying their monetary unit is not what a country's government wants. The government will be at ease if the users are responsible enough and understanding enough to know the limits of a cryptocurrency in every country. From there, probably more countries will see potential and credit in bitcoin. Government is there to control and secure their citizens (especially from unstable currencies ...and probably scams and hacking) that's their job.
It is very unlikely that we are going to see bitcoin collapsing the banking system, banks will have a lot of time to do a lot of things, they could try to pass laws against bitcoin and the governments may agree on that on the grounds that bitcoin is a threat to the current economic system and the well being of their citizens or they may choose to adapt to this new circumstances and keep doing business as usual, after all banks do not have any ideology they only care about the money. 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 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 will be difficult to alert the government of the importance of digital currency in the future, but perhaps the government will legalize bitcoin if most of the population in the country uses or at least understands the importance of digital currency in the future
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 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 if the government they control the bitcoin because just want the government is to control the bitcoin so if that happen i think we will legalize the bitcoin.
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