Topic: What Can Be Done To Make Government Legalize Bitcoin - page 5. (Read 3521 times)
If the government sees that people are using Bitcoin as a mode of payment and businesses are also opening up payment options to Bitcoin and other cryptocurrencies, it will definitely do something about its adoption. The government is basically the people, and what people truly wants shall be heard by its officials and the various agencies they represent. We need to be more open to our use of Bitcoin and encourage other people to do the same. Sooner or later, the government will definitely hear our voices.
it seems that bitcoin is going to be hard to get the bitcoin legality because I see bitcoin has the purpose of creating a coin that can not be controlled by the government whereas if you get the bitcoin legality usually bitcoin can be controlled by the government. 
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.
Governments might accept bitcoin with restrictions in the future but I doubt that any government in the world will legalize bitcoin fully without any regulation or restriction because if they do that it will be a huge problem to track and control financial transactions locally due to its decentralized nature in the bitcoin network governments will become useless
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.
in my opinion, the thing we need to do is clear the good name of Bitcoin, because most governments forbid bitcoin because it considers bitcoin as a means of committing crime. if we can clear bitcoin from that, I'm sure the government will soon release bitcoin. 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.
all we need to do is support bitcoin in full and not use this crypto currency to commit a crime because this will harm the bitcoin holder and will certainly cause a negative view of bitcoin in the government
Until now there are still many countries that have not legalized bitcoin as a digital payment instrument, but without the legalization in the country many have used bitcoin or crypto which currently has many types of coins in circulation.
If A community like us going to legalize bitcoin through governments the only way to do that is through social media and other popular systems by increasing the demand of bitcoin and making it a popular payment method in the world so many people will desire and request bitcoin to use with there core processes and that can make a huge effect for governments to accept and legalize bitcoin
hope so maybe after some time all country government legalize bitcoin
i think it will soon happen. all we have to do is wait for government legalization.
I think the Bitcoin is a currency of globalization. It actually is the money of the future.
Cryptocurrency will be legalize in just a certain.jurisdiction that the government could cover. As we all know that there are certain feautures of cryptocurrency that governmnet might not agree and that specifically the anonymity. However, local exchanges are implementing KYC on its clients and that is how a certain government could hold a control over abusive form of use of cryptocurrency like money laundering.
The bitcoin as a crypto currency is still very young and has not been noticed by all countries so it just need some time until it gets legalized by the country.
Bitcoin is NOT guaranteed to be legalized. I'm pretty sure the government wouldn't want a form of currency that would be difficult for them to tax, especially if a lot of people aren't willing to pay for their taxes.
Government major issue is the tax problem for Bitcoin users and there are many users who use Bitcoin to get rid from government taxes and at the moment this is not a huge trouble for governments in the world because still there are only few amount of people who use Bitcoin but if the number increases in the future that will reduce a huge income for any government which will be a terrible issue to find money to develop countries specially for countries still under development
many country legalize bitcoin and i wish all country except bitcoin
you can just run your own local campaign from your country if ever bitcoin is not yet accepted or legalize on your country . you can start by collecting people , you can pay them so that they will agree on what you will offer . next step would be printing a tshirt and other campaign materials such as banner , poster , leaflets , etc . third and last part , you can now go from city to city in other to promote bitcoin or you can also go straight directly to the governments office and start a rally about your own advocacy which is to legalize the use of bitcoin . goodluck bro .
Less ICOs, and more exchanges that is legit. Also, if there are many people start to use that, it will become popular to the government of particular country and also media should be involve to this, because they will first spread the good news about crypto.
I think the best thing to do in this regards is to encourage more and more new entrants into the scene and governments will have no option than to join us because they cant beat us. With that, better policies can be implimented to curb their many fears against bitcoin usage all around the world
Support KYC/AML. This is main obstacle as far as I understand.
Government is not ready to legalize bitcoin because there is no central department for the controlling of crypto regulations and if we look at the bitcoin it never stable in the whole year and there is not backed by any physical asset so that is the reason which is pointing by Governments.
The government is already realised the importance of Bitcoin and Blockchain Technology. They accept Blockchain Technology as something that can be implemented in their world. They probably will do their own currency on this technology rather then accept bitcoin.
hope so maybe after some time all country government legalize bitcoin
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 major problem is no once can directly convinced governments directly because if we go to convince governments about a decentralized asset which has no authority it won't work but we can indirectly do that by making Bitcoin more useful and beneficial for governments and trades through adapting Bitcoin into essential systems that majority of people use daily and in that way governments might change there view towards Bitcoin to gain financial profits for there countries
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