Why government don't accept bitcoin???

coinSpecter32

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Quote from: coininvestor on January 04, 2018, 07:24:17 PM

Are you people stupid? How many millions of Bitcoin do you think the FED owns? Government loves Bitcoin. It's their golden goose. It's lawlessness is what they love most about it.
You had a million dollars in Bitcoin stolen by a hacker? Well too bad there are no laws to protect you. Anyone with a sizable amount of Bitcoin is a target. ALL BITCOIN USERS ARE CRIMINALS. Using Bitcoin is the very definition of money laundering. All they have to do is go pick you up and take your computer and tear your house apart until they get your password. They don't work for free though. They want the big dogs, and with all the scams and theft there are plenty of them. It really is sad to see how people took what could have been a good thing and turned it into shit. People will kill each other over numbers in a shitty software ledger. Such simple minds. Pathetic!!!

These are stolen coins. ARDOR-HKCS-V6N8-FH7T-A3SLF Use ARDOR and support thieves. Make them rich.

I think you are just being too paranoid. Yes the government can do that, But I don't think a government will make that move, they own the fiat currency and can easily generate numbers of money they want. You been watching too much TV.

Efairam2018

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Because government dont get tax in it😊in short its a tax free

coininvestor

full member

Activity: 128

Merit: 100

Are you people stupid? How many millions of Bitcoin do you think the FED owns? Government loves Bitcoin. It's their golden goose. It's lawlessness is what they love most about it.
You had a million dollars in Bitcoin stolen by a hacker? Well too bad there are no laws to protect you. Anyone with a sizable amount of Bitcoin is a target. ALL BITCOIN USERS ARE CRIMINALS. Using Bitcoin is the very definition of money laundering. All they have to do is go pick you up and take your computer and tear your house apart until they get your password. They don't work for free though. They want the big dogs, and with all the scams and theft there are plenty of them. It really is sad to see how people took what could have been a good thing and turned it into shit. People will kill each other over numbers in a shitty software ledger. Such simple minds. Pathetic!!!

These are stolen coins. ARDOR-HKCS-V6N8-FH7T-A3SLF Use ARDOR and support thieves. Make them rich.

kylekyle2000

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The government might not be able to accept bitcoin yet as they are not ready for it just as yet. The government prefers an actual currency and not a digital one as there might be more threats regarding security if the currency is something not tangible.

Rahad Khan

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because invbitcoin we did pear to pear transaction.and it didnt leave aany prove. so goverment cant get their tax sometimes bcz of people put there money by storing btc

cryptoranet

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The system won't work against itself.

butcherme

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Quote from: pkdas on October 26, 2017, 11:02:27 AM

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..

I think it is because government cannot tax bitcoin since it is decentralized. And since, a lot of people are earning money from it, some people are quitting their job to focus on bitcoin. Which means, there would be less income tax for the government.

nebuch

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In my opinion why the government don't accept bitcoin because of many reasons..
1: fear to choice change the old money culture.
2: not prepared how to adopt the cryptocurrency.
3: doubt to accept it being new in this trend.
4: not having more partner country to welcome bitcoin.
5: never ever wants bitcoin.
6: no much information on what will be the good effect of bitcoin in the economy.
7: Many more reasons.

The government will be responsible in its community. Countries are in different place, different people, different environment and different ways of living. Bitcoin in general is helpful. The problem is in the countries leader.

Kovian.Faxo

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On this topic, I think that countries that prohibit bitcoin are simply afraid of crypto-currencies and can not control such innovations. Many scare the new.

dinuja

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government cant get a tax. They fear it.

overnight03

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Quote from: pkdas on October 26, 2017, 11:02:27 AM

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..

I think because bitcoin can be used for gambling , money laundering , illegal bussiness,... those countries don't think bitcoin will benefit their country

seandiumx20

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arcs-chain.com

Quote from: pkdas on October 26, 2017, 11:02:27 AM

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..

Since bitcoin can't be controlled and what we talk about is money, the government will not approve because they are incapable of regulating the tax or transactions made with bitcoin. Tracing transactions would be very hard, they will not be informed if something bad happened, for example, using it in bad terms or illegal activities.

SupportBitcoin

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Quote from: pkdas on October 26, 2017, 11:02:27 AM

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..

Tax and they can't regulate it. How can they tax you if it's anonymous? How can they regulate when they're not needed and its only peer to peer? They always need their slice of the pie and with Bitcoin, they can't get it!

shaun98

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Tax will be hard to claim. Also, the government and central bank will not have control over the circulation of it in a country, which is why fiat is used. Basically, governments want to maintain control over the currency.

coininvestor

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Maybe governments do not accept Bitcoin because Bitcoin is not better technology. If you own crypto on your computer then at some point in the future your coins will be stolen. You can try to prevent it but inevitably you will have a lapse in your little security and some piece of shit hacker will steal your coins. You need a central authority to make sure everything is equal for everyone. Bitcoin is not better tech than what the Federal Reserve offers. That is why it will never replace Fiat.

Do not accept coins from this address. They are stolen. All 113,026 of them ARDOR-HKCS-V6N8-FH7T-A3SLF

kofibee12

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Bitcoin is anonymous and it will be very bad policy if government accept it because tracing transactions will be very hard.

coinSpecter32

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Quote from: salamyman on December 30, 2017, 05:20:29 PM

You want to give to the government bitcoins? Bad idea.
I think sometimes - what is the government? People like you and me, with families, and kids - people like you and me that stand all day thinking how to screw the rest of us over.

I think he was talking about the governments policy of banning the use of bitcoin. Well, the government will surely won't accept bitcoin because they can't control it or they don't have control on it.

mamatrader

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because it undermines the foundations of states. it's great, all the people are brothers, we do not need mediocre managers. when it will understand the majority there will come peace in the whole world, and bureaucrats will suck Wink

. quiet revolution.

buy crypto. no buy xrp

salamyman

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You want to give to the government bitcoins? Bad idea.
I think sometimes - what is the government? People like you and me, with families, and kids - people like you and me that stand all day thinking how to screw the rest of us over.

Henz022

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Quote from: pkdas on October 26, 2017, 11:02:27 AM

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..

Beacuse government Dont care About bitcoin and They have no power to implement it

Topic: Why government don't accept bitcoin??? (Read 1223 times)