Topic: why do governments don't make BTC illegal worldwide ? - page 15. (Read 8117 times)
I hope many countries can legalize bitcoin. Perhaps that is what many people expect. There may be some, but as you said, the potential for bitcoin is really huge, it's blockchain technology, there are governments that take advantage of bitcoin. I also wonder the same thing. If they do that, people find another way to buy and keep unregistered and unregistered bitcoin. Governments should know about it, and I think they should change the rules to make a profit for both
it will not be possible, maybe they begin to realize the potential for bitcoin for the future. we know the progress of this very rapid and sophisticated technology will increasingly change the times become more advanced. I hope many countries can legalize with bitcoin. maybe that's what many people expect. although it is also difficult and takes a very complicated time.
It's possible somewhat, but as you said the potential for bitcoin is really huge which is the blockchain technology, there's governments who took advantage from bitcoin. Governments were not stupid to ignore the potential from bitcoin, as long as they can make profits they wont let it go
I'm wondering same thing too. There's only one reason that come to my mind: They know they won't be able to ban or restrict bitcoin because of bitcoin's nature. If they do that people find other ways to buy and keep bitcoin unregistered and illegal way. It doesn't look possible for now.
Yeah, because decentralization and anonymity, it would make the government ban unworthy at all, because users can still freely use it, the government should know about it, and I think they should change the rules in order to be profitable for both
BITCOIN cant be illegal, since the day cryptocurrency emerging in the network globally, the purpose is to make digital currency more efficient for any transaction in networking company and so as the people who warn profit using this coin..
The industrially and economically developed countries of the world are mostly accepting bitcoin to their country by analyzing the in and out of it and they come to the conclusion that bitcoin is a useful one to increase the pace of their economy also they could realized that bitcoin will not effect the inflation and its value will be stable.Bitcoin was utilized to retain the economy for some countries like Japan, Greece ,Brazil, Venezuela etc.
I hope many countries can legalize bitcoin. Perhaps that is what many people expect. Legislatures formally fight against electronic and bitcoin forms. Crypto is hierarchical and may not know, regardless of whether the government makes it illegal or not, you can use the existing cryptography by p2p, dex or global transactions.
it will not be possible, maybe they begin to realize the potential for bitcoin for the future. we know the progress of this very rapid and sophisticated technology will increasingly change the times become more advanced. I hope many countries can legalize with bitcoin. maybe that's what many people expect. although it is also difficult and takes a very complicated time.
Governments do not make bitcoin illegal because they use bitcoin to profit. Bitcoin is one of the most profitable stuff . For that reason, every goverment and company are using bitcoin. they double their money with bitcoin for sure.
The legislatures officially battling against cryptographic forms of money and bitcoin. In any case, it isn't easy to boycott.
Crypto is decentralized and can be unknown, regardless of whether the administration makes it unlawful, you can at present utilize crypto by p2p, dex or at the universal trade.
In genuine nations, the general conclusion checks and if individuals need to utilize crypto it will be difficult to make illicit.
Crypto is decentralized and can be unknown, regardless of whether the administration makes it unlawful, you can at present utilize crypto by p2p, dex or at the universal trade.
In genuine nations, the general conclusion checks and if individuals need to utilize crypto it will be difficult to make illicit.
They can easily bake it illegal they're the goverment but in this case they don't have any control or cannot control bitcoin/cryptocurrency because it's decentralized
Making bitcoin legally recognized around the world is not an easy thing. Now many opponents of bitcoin for various reasons. Indeed bitcoin only limited product of sophistication of human hands that can not be separated from a weakness. But the government should not immediately give illegal status to bitcoin. I hope the government can provide legal status under various conditions. Of course this will make the motivation for bitcoin to make improvements and innovations so that the best solution we can take.
Because they do not want to prohibite it on all the countries, that is why there are too many regulations, they just allow people to use it, but they need to pay taxes or just to owey with the law, that is the way that it works on almost all teh countries
Instability of the bitcoin exchange rate is what makes the government worried may be in some countries that make the government reluctant to legalize bitcoin and consider it a threat but in every country around the world has responded to Bitcoin in various attitudes.
There are a few issues in Cryptocurrency and Bitcoin but that doesn;t mean the Governenment should ban it. Besides this, people have invested a lot of money in it. The governement authorities can't estimate the consequences when they ban the Cryptocurrency investing.
I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !
BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?
BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?
agree, but maybe they are also interested in getting profit by investing in crypto, or in some other way connected with crypto. I am sure it's something like this. Otherwise, they will forbid crypto long time ago..
I'm wondering same thing too. There's only one reason that come to my mind: They know they won't be able to ban or restrict bitcoin because of bitcoin's nature. If they do that people find other ways to buy and keep bitcoin unregistered and illegal way. It doesn't look possible for now.
Why would government make bitcoin worldwide illegal. Last I remember governments exists individually in their own different countries. So least they can do is ban bitcoin in their own different countries. Besides people will always find a way to make use of bitcoin either way. If it is that easy to ban bitcoin they would have done that a long while ago.
Many countries had banned cryptocurrency. But in some countries like China, Balgium and Argintina it is allowed. So every country has different polices regarding this currency. Every country and their nation thinks well about their future. So this is up to them, that they may allow it or not.
Governments like money. and in bitcoin there surely is profit. governments are seeing that they can squeeze some money from bitcoin and making efforts to do so. And also government i think are looking for ways to control bitcoin.
because the government does not understand the details about the bitcoin or the system is on the move. so the government is afraid of losing to legalize bitcoin. yes, we are convinced that at some point a fast-growing or slow-growing government that does not accept bitcoin will legalize it.
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