Topic: Why government don't accept bitcoin??? - page 2. (Read 1223 times)
Because they don't want you to be free, that's why.
Government might not be accepting cryptocurrencies due to the fact that they might still not have the technology or the right understanding or idea regarding it. Another is tge rapid change of value of cryptocurrencies.
Why? Because it can impose a tax on it, and that my friend, is free bread!
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..
Most likely they are afraid that the currency will be difficult to track, and they do not have enough strength to analyze all the actions of people.
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..
The government doesn't want to accept bitcoin because they will earn not from it, not like in fiat money the government controls the flow and taxes/transaction fee of it. While in cryptocurrency we users controls and transacts it. Tax. It's the major reason.
Anonymity, it's the second one and most troubling. Bitcoin can be used for money laundering and illegal business which is somewhat untraceable.
Anonymity, it's the second one and most troubling. Bitcoin can be used for money laundering and illegal business which is somewhat untraceable.
TAX TAX TAX this is the major reason
For the same reason that bitcoin can't be controlled by them. Government have no control in bitcoin, it is decentralized and not regulated like any fiat currency where they have all the controls.
Government, church - all these things want is to control you - now when bitcoin can't be controlled it's a threat to them so they try to eliminate said threat - isn't it obvious?
Virtual currency is hard to control.
Bitcoin exchange rate up and down purely following the market mechanism. The government can not control the exchange rate, unlike the yuan against the US dollar. The government does not like something that can not be arranged.
Easy to use for fraud
For some people who understand the movement of Bitcoin, it could be a profitable investment.but for those who do not understand can be bandwagon and deposit the money to buy Bitcoin through any place so that there can be fraud.
Destroying the investment world
Bitcoin is potentially bubble and breaks out after a lot of popularity and lots of people want to have. Proven with its value that skyrocketed from $ 3000 to $ 1000 in just 8 months.when bubbles break and prices fall, investors will be harmed.
Bitcoin exchange rate up and down purely following the market mechanism. The government can not control the exchange rate, unlike the yuan against the US dollar. The government does not like something that can not be arranged.
Easy to use for fraud
For some people who understand the movement of Bitcoin, it could be a profitable investment.but for those who do not understand can be bandwagon and deposit the money to buy Bitcoin through any place so that there can be fraud.
Destroying the investment world
Bitcoin is potentially bubble and breaks out after a lot of popularity and lots of people want to have. Proven with its value that skyrocketed from $ 3000 to $ 1000 in just 8 months.when bubbles break and prices fall, investors will be harmed.
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..
because they cant control them. thats it. do you want to love someone you can control
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..
Most governments have their own reasons as to why they are currently not accepting bitcoins in their country regardless of that, people are buying and selling bitcoins there and if someone decides to accept bitcoin as a payment method, They can do it without the government. 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 is a digital currency that can not be traced by the government, many gangsters who staged their actions here like (drug smugglers, corruptors and so on). Other countries concerned with money-laundering and terrorists financing potential of Bitcoin.
Yes, it is also considered as one of the reason. But one major reason is that the government can't control bitcoin.
Other countries concerned with money-laundering and terrorists financing potential of Bitcoin.
The government wants to control everyone and everything. It is something they can't do in bitcoin, that is why some countries won't allow the use of it.
Every single government is pretty conservative and adopts innovations very slowly, that's why I guess. We'll see some adoption in the near future...
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..
That is because of decentralization why the government in the other country don't accept bitcoin. They knew they had any authority to control anything in bitcoin especially to bitcoin users or bitcoin enthusiast.
There are some countries who don't accept bitcoins as a currency. Some governments think it will just be used for criminal activities.
Frankly, the reason is they did not accept bitcoin because they have no control at all. They want something that they control... 
Most governments have legalised bitcoins in several countries and though they have legalized it, they have issues with its anonymity because of money laundering, tax evasion and terrorism financing. They are looking for ways and means to combat these whiles they accept bitcoins.
Frankly, the reason is they did not accept bitcoin because they have no control at all. They want something that they control...
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