Topic: What will happen if the government know bitcoin in your country? - page 23. (Read 4664 times)
November 17, 2017, 06:54:21 AM
The goverment knew Bitcoin is in my country so they prohibited us using Bitcoin for payment. We can sell, we can buy but we can't spend Bitcon to buy anything. That's illegal.
November 17, 2017, 06:51:10 AM
If the time come that our country know about bitcoin.
I think the first thing that they will you is to access bitcoin if they can have income from it.
And if they found out that it is possible im sure they will put tax to every transaction of bitcoin.
Or if ever they think that it will never gonna do with bitcoin , im sure they will going to banned it.
I think the first thing that they will you is to access bitcoin if they can have income from it.
And if they found out that it is possible im sure they will put tax to every transaction of bitcoin.
Or if ever they think that it will never gonna do with bitcoin , im sure they will going to banned it.
November 17, 2017, 06:50:46 AM
In any case I think our government will do everything to take benefits from people using crypto... I don't know how, but they are known racketeers
November 17, 2017, 06:36:57 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 there are two things that can happen if a government knew bitcoin in a certain country. The first one is, they will ban bitcoin in their country. It is because of some reasons like it may affect the banks in their country etc. The other one is, they will legalize bitcoin and can be used as a way of payment in many retailers in their country.
November 16, 2017, 07:38:12 AM
The countries are well aware of BTC. There are two attitudes to adopt finally
- you make it illegal. Countries that don't want to empower BTC are to me suspect and want to keep full power on the economy.
- the others who legalize it, these last understand which advantages they can have from BTC and are more honnest
- you make it illegal. Countries that don't want to empower BTC are to me suspect and want to keep full power on the economy.
- the others who legalize it, these last understand which advantages they can have from BTC and are more honnest
November 16, 2017, 07:27:58 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 there are two things that can happen if a government knew bitcoin in a certain country. The first one is, they will ban bitcoin in their country. It is because of some reasons like it may affect the banks in their country etc. The other one is, they will legalize bitcoin and can be used as a way of payment in many retailers in their country. 
November 16, 2017, 07:19:13 AM
In the country where I live the government already knows about bitcoin, but the government hasn't really understood or knowing more about bitcoin and blochckhain's technology with deeply, I think the government is still in the process of learning deeper to knowing it. Until now, the government hasn't been able to legalize bitcoin as a method of payment (approved's currency) because it's still worried about the risks can be affected on the country, especially the country's economy system (banking).
Many governments are afraid of their economy and banking system and they should be worried because if the people of that country started using bitcoin, then no one will go to banks to transfer money or to keep their money in their account, which cause taxes and other bank charges, while bitcoin is giving facilities to the people and is doing all these free of coast and very easilyIt was fully supported by the government the bitcoin in my country because they found out how greatly help towards the state. In eliminating the number one problem facing to the country the unemployment and poverty. With this forum bitcoin and the banking system in my country agreed the terms and condition allowing bitcoin currency as a mode of payment through coin.ph. This procedure of payment helps to stabilized the easy way and the fast accepted transaction. As bitcoin continue its popularity not only in Asia, the government in many countries like Japan will follow same procedure as a secondary money in their country.
November 14, 2017, 09:08:46 AM
In the country where I live the government already knows about bitcoin, but the government hasn't really understood or knowing more about bitcoin and blochckhain's technology with deeply, I think the government is still in the process of learning deeper to knowing it. Until now, the government hasn't been able to legalize bitcoin as a method of payment (approved's currency) because it's still worried about the risks can be affected on the country, especially the country's economy system (banking).
Many governments are afraid of their economy and banking system and they should be worried because if the people of that country started using bitcoin, then no one will go to banks to transfer money or to keep their money in their account, which cause taxes and other bank charges, while bitcoin is giving facilities to the people and is doing all these free of coast and very easily November 14, 2017, 08:35:20 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.
Any government who thinks about banning bitcoin or any crypto currency fear about money laundering and terrorist funding and that is what they will be focusing to tell if they want to ban them. I am not sure how these cryptocurrency is aiding you financially unless you are holding a good number of coins.
November 14, 2017, 08:31:59 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 know bitcoin in my country, i think they would want to add tax so the government will have shares from the income that we get in bitcoin. But i hope it will not happen in our country because the profit that i have will be lessen if the government add taxes. 
November 14, 2017, 08:27:03 AM
If the government in my country which is the philippines knows bitcoin I believe they will take actions to hold or control it.They will add taxes or anything that can give income so the value of bitcoin will drop because of the influence of government,Its better to keep bitcoin as is because bitcoin help alot of people when it comes to financial.
Yes bitcoin help many people when it comes to financial problems but the government is always there for regulations because they want their citizen to be safe and avoided from the illegal activities that may happen by the use of bitcoin. 
November 14, 2017, 08:18:58 AM
If bitcoin will be known in my country and it will be a great advantage because the government of our country will declare it as a legal cryptocurrency but they will set some regulation for sure because they will think for the security of using it first and not the profit that they can get.
November 14, 2017, 06:49:06 AM
If the government in my country which is the philippines knows bitcoin I believe they will take actions to hold or control it.They will add taxes or anything that can give income so the value of bitcoin will drop because of the influence of government,Its better to keep bitcoin as is because bitcoin help alot of people when it comes to financial.
November 14, 2017, 06:20:29 AM
Hi!
I guess it depends on the country... In France, for example they have acknowledged the bitcoin as an "alternative for payment". Still, the law ignores the existence of crypto-currencies as know how to deal with them.
I think this is actually the issue in many countries. Bitcoin exists, t is a fact. But for most governments changes n law require time and cannot adapt to this fast-pace changing kind of money. For the moment, it is still hard to determine if posts on Facebook can be used during trials... So we are veryyyy far from regulating bitcoin use!
I guess it depends on the country... In France, for example they have acknowledged the bitcoin as an "alternative for payment". Still, the law ignores the existence of crypto-currencies as know how to deal with them.
I think this is actually the issue in many countries. Bitcoin exists, t is a fact. But for most governments changes n law require time and cannot adapt to this fast-pace changing kind of money. For the moment, it is still hard to determine if posts on Facebook can be used during trials... So we are veryyyy far from regulating bitcoin use!
November 14, 2017, 06:12:54 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.
For me, here in my country..i think the government are they know already about bitcoin. But they don't want to establish on tv.,they don't want publishing about it,.because they don't want to believe about bitcoin. They ignored about of what can gives you help from bitcoin. But for me I think it is better to..not all people are joining here in bitcoin. Coz' we need to be careful of the scammer and the hacker.
November 14, 2017, 06:07:40 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 guess my government is already know bitcoin although they don't give any statement about accepting bitcoin or not but i think for now, my government will let people to use bitcoin for their own purpose. beside that, i think my government know that bitcoin can help their people to make money and with bitcoin, my people can have an additional income and if they still doing something with bitcoin, then my people can solve their financial to better than before.
They will ban bitcoin if they don't have knowledge how to regulate it and make use of it. Controlling bitcoins is possible but it require some technical expertise, today some governments are so stupid and instead to understand bitcoin and make environment that will be beneficial for everyone they are banning it.
Idiots are everywhere and politicians are on the top of that list, if they ban bitcoin in my country I will find a way to use bitcoins. I will use VPN and for every transaction I will use bitcoin mixers. There is a way to avoid their regulations and I will find all ways, and continue to use bitcoins, acab!
As much as i agree with your initial response. Well considering using VPN some other countries consider that thing illegal, but its not to brag about those kind of matters the main point is that if bitcoin will be banned, and then you are using VPN although bitcoin was banned, should that also be illegal? Well think about it, you are violating the law, but I do think also that it is helpful, it doesn't mean it was banned in your country it will be banned totally by the rest of the countries right?
November 14, 2017, 05:54:59 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 guess my government is already know bitcoin although they don't give any statement about accepting bitcoin or not but i think for now, my government will let people to use bitcoin for their own purpose. beside that, i think my government know that bitcoin can help their people to make money and with bitcoin, my people can have an additional income and if they still doing something with bitcoin, then my people can solve their financial to better than before.
They will ban bitcoin if they don't have knowledge how to regulate it and make use of it. Controlling bitcoins is possible but it require some technical expertise, today some governments are so stupid and instead to understand bitcoin and make environment that will be beneficial for everyone they are banning it.
Idiots are everywhere and politicians are on the top of that list, if they ban bitcoin in my country I will find a way to use bitcoins. I will use VPN and for every transaction I will use bitcoin mixers. There is a way to avoid their regulations and I will find all ways, and continue to use bitcoins, acab!
November 14, 2017, 05:46:45 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 guess my government is already know bitcoin although they don't give any statement about accepting bitcoin or not but i think for now, my government will let people to use bitcoin for their own purpose. beside that, i think my government know that bitcoin can help their people to make money and with bitcoin, my people can have an additional income and if they still doing something with bitcoin, then my people can solve their financial to better than before.
November 14, 2017, 02:44:02 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.
In my country, I think the government already knows what bitcoin is and I think most of them invest in bitcoin secretly. As of now, bitcoin is not yet been discussed in the goverment because of some major problem in the Philippines that need to be resolved but I think bitcoin would be approved in our country because it can make the life of individuals easier.
November 14, 2017, 02:00:26 AM
That's not true. Why would they ban bitcoin for the reason that they don't own it? I think that's bonkers. Where would those Bitcoin earners would use their earnings? for sure still in their country.
But for sure, countries would always do a measure for Bitcoin users so that they can't get away with their tax. Regulations will always be good instead of banning Bitcoin in a certain country.
But for sure, countries would always do a measure for Bitcoin users so that they can't get away with their tax. Regulations will always be good instead of banning Bitcoin in a certain country.
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