Topic: What will happen if the government know bitcoin in your country? - page 10. (Read 4630 times)
January 01, 2018, 03:42:08 AM
Our government already knows and aware of Bitcoin and they are giving warning not to invest hastily but study it carefully just because it's a digital currency they have no hold to it whatever may happen they cannot control it and also they seem to plan of taxes it whichever way possible..Bitcoin is helpful and can also be a means of blessing to ones country if they will only look on the brighter side of it and accept the possibility it bring for the growth not only of individual but the country as well.
January 01, 2018, 03:34:19 AM
my country already know about bitcoin but I don't know if they using bitcoin now as a virtual transactions. many Filipino's use bitcoin as a investing and a job so I think bitcoin cannot be ban in our country
January 01, 2018, 03:14:37 AM
On the off chance that the country would take a gander at their nation individuals not to experience the ill effects of destitution they will sanction bitcoin.The eventual fate of the general population depend on the hands of the government.Corrupt government authorities will endeavour to take out bitcoin to a country.due to narrow-mindedness that will prompt a poor country.I figure it would make the most ideal approach to discover an occupation without spending more forfeit just to have genuine one.If the administration would look bitcoin a gift to anybody not to believe that its a danger to the economy well they should authorise it for a pleasant future we would ever have.
December 31, 2017, 10:53:26 PM
For now in my country there is no ban on bitcoin but the government has not yet legalized it, so I do not know how, hopefully the government does not prohibit any activity on bitcoin because so many people make money from bitcoin, If bitcoin is banned then they will have more problems in making money and finding work is also very difficult.
December 31, 2017, 12:39:30 PM
I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.
Actually, Bitcoin is known in my country although it is not yet legal. But I am not sure if they are awared on how big the profit is since Bitcoin is decentralized and they can't tax the profit that its users are earning. So I think there will be problems at first. I really can't imagine h things will go between my country and Bitcoin. 
December 31, 2017, 12:23:13 PM
in different countries there are rules that prohibit and there is no reason may be prohibited for fear of competing with the state currency but the fact is not.
Being a citizen of a developing country there is a restriction of cryptocurrency in my county. Not as such restriction but our government doesn't support it. the government and banks already know about bitcoin and they are very afraid of bitcoin due to the transparent bitcoin technology and make the governments fear if they use it for corruption it will be seen. December 31, 2017, 12:15:48 PM
the gov may ban crypto ( some have already done so), but that will not stop its development and sooner or later they will have to admint it. those banning may find themseves far behind the world
December 31, 2017, 01:11:13 AM
In fact, There are many goverment already did the ban on Bitcoin . Somes are opening the door for Bitcoin but most of them aren't . It's really ankward for Bitcoin when it have to face with all the goverments in this world.
December 31, 2017, 12:27:37 AM
they already know about bitcoin here in our country. i dont hear some rumors that they will ban it or legalize bitcoin but they keep telling people to be more careful investing digital currency. maybe theyre afraid the evolution of crypto currency and no more people investing in banks for sure the government will loss many tax payers.
December 31, 2017, 12:26:54 AM
in different countries there are rules that prohibit and there is no reason may be prohibited for fear of competing with the state currency but the fact is not.
December 31, 2017, 12:21:38 AM
The government here in the Philippines already knew about bitcoin and you know what they want? Tax the cryptocurrency because the only thing they want is money. So that they can put it in their pockets.
December 31, 2017, 12:19:27 AM
I think if the government knew about bitcoin it would probably prohibit or perhaps issue a rule governing bitcoin
December 31, 2017, 12:07:08 AM
Here in our country the governments know about bitcoin but they don't ban it. But they always tell the people that always take care in investing in bitcoin or any other altcoins.
December 30, 2017, 02:35:30 PM
I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.
If the government detects Bitcoin, it will be a big problem, because it is not legally accepted as a legal currency, but I also agree that Bitcoin is very helpful in supporting I expect Bitcoin will be accepted by the government... December 30, 2017, 01:35:15 PM
There are some countries who has openly declared bitcoin as illegal. The countries which have strictly banned bitcoin,mine is one of them.So,if the government know that bitcoin in our country,it will ban it. But the user may not has to be punished anything seriously. But,ofcourse,there is a law to punish them.But, it is not so much activated.I know that because there are so many people who are working with bitcoin for a long term.But,though it is prohibition in using bitcoin,yet I've never seen that the government is forcing somebody not to use it.Yeah,if somebody do something wrong or occur any criminal activity with the help of bitcoin,he will and must be punished.
December 30, 2017, 11:41:38 AM
I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.
Well for me, base on my observation. I think here in our country, I can say that bitcoins are really acceptable why did I say that simply because they pronounced already in social media and in television which everyone views. So with that I can assume that the government already know about bitcoins existing in our country. And they are the government I am sure that they knew about bitcoins before we even knew about that because that involves the economy. And I also know that they will never ban it unless something bad happens to our country because of that. December 30, 2017, 11:29:18 AM
I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.
If the government would look at their country people not to suffer from poverty they will legalize bitcoin.The future of the people rely on the hands of the government.Corrupt government officials will try to eliminate bitcoin to a country.due to selfishness that will lead to a poor country.I think it would create the best way to find a job without spending more sacrifice just to have real one.If the government would look bitcoin a blessing to anyone not to think that its a threat to the economy well they must legalize it for a nice future we could ever have. December 30, 2017, 10:44:05 AM
I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.
If the government detects Bitcoin, it will be a big problem, because it is not legally accepted as a legal currency, but I also agree that Bitcoin is very helpful in supporting I expect Bitcoin will be accepted by the government... December 30, 2017, 10:15:41 AM
I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.
The government in my country recognized the used of bitcoin even though it was not yet declared legal. People here arr are using it as a form of payment, so far we dont see any sign the government would ban it.
There were countries who sees bitcoin as a threat to their economy such as Venezuela and China, those government sees the larger picture. Once newbie like us looks at bitcoin we would think that this would affect nothing but instead it is beneficial for us. But the fact is that, even we could gain profit from this,some Government dont see anything that this benefits them. Simply because they dont have the full control over it, because they dont have the full control, people could and tend do illegal activities which then becomes a threat for the government.
December 30, 2017, 09:49:05 AM
I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.
I think also that they will be scared because of the power bitcoin has. Bitcoin can make all the citizen of the world leave and unpatronize banks since here in bitcoin there is less fees. If only bitcoin has the capability to become legalized worldwide, things will surely change and many people are out of poverty already. I think they will ban it right away so let's just be contented on what bitcoin is right now.I also feel so, especially if bitcoin is known to the government yes maybe it is approved or not it is up to them, if I think it is very difficult if bitcoin approved.
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