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Topic: What will happen if the government know bitcoin in your country? - page 14. (Read 4651 times)

full member
Activity: 405
Merit: 105
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 knows about the idea of bitcoin in their country, two things might happen. It is either the government will ban it in their place or legalize it. There are already some countries in the world that ban and legalize bitcoin in their place.
newbie
Activity: 114
Merit: 0
Actually my government knows bitcoin they just don't care about it as long as it will not make an economic crisis to our country, I think.
sr. member
Activity: 331
Merit: 250
Personal Text: Blockchain with a Purpose
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.
Bitcoin in some countries is illegal and in some it is not. In our country it is legal but even if our government accepts bitcoin, they dont tolerate people to join and they also warned all people not to invest in bitcoin because they said that it is only a scam.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
As the price had increased much high in a very small time period, suddenly in my country government has been working seriously to regulate bitcoin. Maybe this could affect the user network to some extent, because in my country already the economists were not that good in analyzing the goodness of digital currency.
full member
Activity: 560
Merit: 107
For me, the government knows bitcoin in our country, but they don’t really take it very dilemma because the currency or real money is still more usable. I’m sure that they will make some action about it but not too rapidly. There are still more problem and issue that our country will resolve first. But I’m hoping that they will not ban bitcoin like in other countries. Smiley
full member
Activity: 378
Merit: 100
If the goverment is we will know bitcoin in my country, the goverment is will surely accept bitcoin, because bitcoin is very great, definitely for all those people who doesnt have work or umeployed in my country, and i think bitcoin is we will be more good and many people in my country will surely try to use bitcoin.
full member
Activity: 364
Merit: 100
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 don't think so that they will ban bitcoin to my country because recently it was reported that there is certain fast-food that will accept bitcoin as a means of payment therefore there is no possibility that my country banned bitcoin. I'm also hope no that they will officially accept bitcoin to my country
full member
Activity: 560
Merit: 100
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.

In Philippines, bitcoin is already quite known. It gathered enough awareness already and probably will be legalize and be regulated but
not quite soon I guess. I don't think majority of the working class will be able to accept the crypto revolution.


I think bitcoin will ban if the government know about bitcoin because bitcoin is big investment of people and not have a tax so that government looking for ways to ban this but if the bitcOin get a tax i think the government not to be ban bitcoin because bitcoin give the government to share or tax.its very helpful every person to used a bitcoin because of selling a bitcoin its very help for support financial every day.
In Philippines for sure government already known bitcoin because bitcoin is already well known and it is spreading even in national tv. As to answer, government will not ban bitcoin because somehow btc has helping many people. Yes espcially in financial problem it helps many users morever government cannot banned btc easily.
full member
Activity: 460
Merit: 100
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.

In Philippines, bitcoin is already quite known. It gathered enough awareness already and probably will be legalize and be regulated but
not quite soon I guess. I don't think majority of the working class will be able to accept the crypto revolution.


I think bitcoin will ban if the government know about bitcoin because bitcoin is big investment of people and not have a tax so that government looking for ways to ban this but if the bitcOin get a tax i think the government not to be ban bitcoin because bitcoin give the government to share or tax.its very helpful every person to used a bitcoin because of selling a bitcoin its very help for support financial every day.
jr. member
Activity: 252
Merit: 1
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.

In Philippines, bitcoin is already quite known. It gathered enough awareness already and probably will be legalize and be regulated but
not quite soon I guess. I don't think majority of the working class will be able to accept the crypto revolution.
sr. member
Activity: 546
Merit: 257
I think the goverments can't even do nothing to Bitcoin, the only thing they could do is just keep it in the prohibited area.

Keep it in a prohibited area? It may be decentralized but still, the government are powerful enough and they will do anything from their power to stop something especially when they knew that it will be a threat or a problem in their country. Still some countries think that bitcoin will be of a good help in their country so some of them regulate it instead of banning it, the same in our country.
hero member
Activity: 1134
Merit: 502
The Government in our Country already knew about Bitcoin and of course since they don't have any control of it they discourage citizens in investing in this coin, even the central bank notified the public to stay away in Bitcoin because as they said it is illegal and it is being used by terrorist because of its anonymity but they didn't mentioned that they will punishing user who are caught using Bitcoin.
member
Activity: 256
Merit: 10
I don't know if the government here in our country is already know or aware about bitcoin. But if they found out bitcoin here I think they will be the top investors of bitcoin. I ssuspeced that because bitcoin offers an easy high Return of profit for the investment.



full member
Activity: 406
Merit: 105
Government in all countries probably heard about bitcoin already very particular in social media and daily news. But as of the moment in my country our government don't have time yet to mind issue regarding bitcoin since they are too busy about war on drugs and corruptions. The possibility of taking control of bitcoin will soon be arise but not to ban or to make it illegal.
full member
Activity: 323
Merit: 100
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.

So true. Working with bitcoin really helps our finances. Perhaps the government is still afraid of losing its position on finance. Because crypto is now becoming popular and will continue to be popular. Where do you live? Is it part of Asia?
full member
Activity: 504
Merit: 100
It is already accepted in my country and many establishments already accept bitcoin as a mode of payment. We also have a few local mobile apps that we can use to transact with bitcoins. So I am pretty sure our government is already aware of cryptocurrency. I know that time will come when they would tax and regulate bitcoin use when it becomes even more popular.
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
Their are two things will happen maybe the goverment legalize using bitcoin or maybe their's a banned. But if im one of the officials of goverment authorities i will allow bitcoin in my country to operate because it is for the good of my people which they can earn money.
jr. member
Activity: 48
Merit: 10
I think the goverments can't even do nothing to Bitcoin, the only thing they could do is just keep it in the prohibited area.
full member
Activity: 448
Merit: 122
Government has no power over bitcoin, bitcoin is decentralized and at that it impossible for the government to interfere in it activities. But even though government want to do any thing at all is to create policy that can regulate bitcoin activities and find a way to tax it but not to ban it.
full member
Activity: 326
Merit: 100
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.
It is useful for ordinary people but not for governments, because they have no profit from this. It's like a small business, so you need to take it under control and tax it. So at first they will try to saddle, and then forbid, when they realize that this is impossible.
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