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 represents opportunity and the theme is more and more present in the media, so slowly the wheels of public trust are moving. Every Government will profit if they have the opportunity, in a legal manner, to gain benefits on cryptocurrency. 
Topic: What will happen if the government know bitcoin in your country? - page 28. (Read 4651 times)
November 07, 2017, 03:53:32 PM
November 07, 2017, 03:42:53 PM
That's not really possible to keep track of the users as well to make the people stop the usage of bitcoin. These days governments too have the plans of making use of bitcoin, than abolishing it. Because people tend to use it one or the other way, so that it's not possible to abolish it. Expect more countries to get into bitcoin usage and make it grow higher same as that happened when Japan entered the community.
if a country can maximize the presence of bitcoin.
maybe the state officials will be able to prosper the country.
in all forms of poverty and unemployment.
but I am a bit strange with the state that deny the existence of the bitcoin financial system.
but bitcoin will be able to solve all the problems that are being experienced by the country
November 07, 2017, 03:26:43 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.
I'm sure governments in every country already know about bitcoin, they just can not make a decision yet or make the right laws about bitcoin. So I guess you do not have to worry about it, while bitcoin is still free to use in your country, you should take advantage of this moment before the government in your country ban bitcoin. Moreover, there is no good reason to ban bitcoin, bitcoin is very helpful in terms of finance, so I think that includes improving the economy in poor countries that are lacking in terms of providing employment. 
November 07, 2017, 03:19:43 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.
Not every country in the world doesn't understand bitcoin, please. My country knows about bitcoin and everybody is happy about it including greedy politicians.
Bitcoin is not a weapon like gun or something that will get you are arrested for using it - it is only a digital currency.
November 07, 2017, 02:59:43 PM
I live in one of european countries but Bitcoin is not regulated in an way. Government is aware that people are using it, more and more with time, but currently is doing nothing about it. Central bank has issues several warning that Bitcoin investment might be risky but that was all and they are also not showing any intentions to regulate Bitcoin or other cryptocurrencies soon. Whether is that good or bad we will see in the near future.
I think they are waiting some kind od unique regulation on the EU teritory and then they will react accordingly.
I think they are waiting some kind od unique regulation on the EU teritory and then they will react accordingly.
November 07, 2017, 02:54:19 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.
they already know, although they don't actually paid attention some media reporters claimed that bitcoin was a scam with I just shove of my shoulders because I know the truth.
November 07, 2017, 02:34:19 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.
The government in my country is aware of the existence and activiies involving bitcoin. However, for now they are sill not legalizing it nor declaring it as illegal. For me, this is good because there will be no tax.
November 07, 2017, 02:23:38 PM
I live in a 3rd world country and our government is fully aware about the existence of bitcoins. Most of them think of it as a scam since they do not fully believe that "an online money" can be converted into "actual physical money". Yes, I know. It sounds dumb. But that's their way of thinking. They are conservatives and not yet open to the idea of bitcoin.
November 07, 2017, 02:17:13 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.
I don't think if the government in your country would immediately issue an order to ban bitcoin, unless bitcoin is threat in the economic and security aspects of your country. I believe That your your government is already knew what is bitcoin all about and I think they started studying/evaluating how they would find ways to incorporate the bitcoin in order for the state to create income such by means of taxation.
November 07, 2017, 01:57:39 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.
Every new industry in the market or community helps to improve the economy but also destroys some industry as well, I believe banks and other financial institution are feared with the rise of crypto currencies, but government can help them by imposing taxes on bitcoin and other coins which has the ability to gain profits. All of the government in the world knows about cryptos, some ban and some just let it circulate in their country because they believe it is helpful to them. November 07, 2017, 01:53:25 PM
are you assuming that you know about bitcoin and your government not ! that must be joke! dude they know about it before you know.
most countries don't talk about Bitcoin, because if they did it, Bitcoin will get so much of attention.
most countries don't talk about Bitcoin, because if they did it, Bitcoin will get so much of attention.
November 07, 2017, 01:39:12 PM
There are 2 cases will be happened. The government will be going to legalize Bitcoin or ban it. If the government has enough ability to control Bitcoin, both advantages and disadvantages, they will legalize it cause it's a important factor can change the economy. But if the government can't control it they'll find the way to ban Bitcoin to avoid Bitcoin be taken advantage to commit crime and this case is going to happen in my country soon 
Without dong both you mentioned also still people are operating bitcoin as their main or secondary source of income. Still every government side reserve banks knows about bitcoin but they are not showing any interest to digital currencies.
As like laymen they are also thinking that bitcoin as a Ponzi scheme.
I expect that they should make bitcoin as a legal money and should grow along with that.
November 07, 2017, 01:34:40 PM
No way that goverment will ban it, i think if bitcoin won't "come" in typical fork in country and will be only some "extra" currency it won'tt cause any trouble.
Your point is valid but peoples sitting in power not understand this all they want to control all things just because of this they are doing all tactics to block bitcoin even they have no success but still doing in few developing countries but few countries like Japan Korea Australia doing very soft policies for this which need to follow by many other countries as well November 07, 2017, 01:04:30 PM
I'm almost sure that my country will adopt bitcoin if it just stabilizes it's fluctuations a bit because it will be a great help to push forward it's agreements with other countries that are already dealing with bitcoin through their payments . As a developing country , it will help us also conclude deals with other countries and thus , widen the range of products that we exchange which will conclude in enhancing the general financial status of the country and making more entrepreneurs come towards us for investment purposes .
November 07, 2017, 12:49:30 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.
There are really governments that don't like bitcoin. They are fearful because bitcoin cannot be controlled by them. And even if there is a significant effect to their citizens like you and me, for them its doesn't matter because if they think that then are being threaten by other things, not only by bitcoins, they will not blink an eye and issue a total ban. But the good thing is that there are also a lot of friendly bitcoin countries. And if you are extreme lucky if your country will support bitcoin and cryptocurrency in general.
November 07, 2017, 12:37:23 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.
There are really governments that don't like bitcoin. They are fearful because bitcoin cannot be controlled by them. And even if there is a significant effect to their citizens like you and me, for them its doesn't matter because if they think that then are being threaten by other things, not only by bitcoins, they will not blink an eye and issue a total ban. But the good thing is that there are also a lot of friendly bitcoin countries. And if you are extreme lucky if your country will support bitcoin and cryptocurrency in general.
November 07, 2017, 12:34:34 PM
There are 2 cases will be happened. The government will be going to legalize Bitcoin or ban it. If the government has enough ability to control Bitcoin, both advantages and disadvantages, they will legalize it cause it's a important factor can change the economy. But if the government can't control it they'll find the way to ban Bitcoin to avoid Bitcoin be taken advantage to commit crime and this case is going to happen in my country soon
November 07, 2017, 12:24:39 PM
My country is still struggling with providing enough foreign currencies such as dollars and euros in order to maintain her import engagements and pay her dues whenever we receive ships of products coming from Europe . People are not allowed to hold or do any kind of business with any kind of foreign currencies and are risking to get imprisoned , even paypal and it's alike aren't allowed on our territory so i don't think they will ever consider dealing with bitcoin .
November 07, 2017, 11:36:05 AM
Nothing because in my country we already pay a lot of taxes and they do not care as long as you pay taxes but in my country it is almost unkown what bitcoin is nobody here knows actually about it unless you go deeper.
November 07, 2017, 11:06:03 AM
No way that goverment will ban it, i think if bitcoin won't "come" in typical fork in country and will be only some "extra" currency it won'tt cause any trouble.
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