Topic: Why government don't accept bitcoin??? - page 4. (Read 1158 times)
I think when any new thing comes out and impact on the economy, there will be fierce opposition. When it proves its historicity, all countries will accept its existence.
I agree with most of your saying here guys. Why will give support to something in return for nothing (the mindset of the corrupt politicians).
Some government do not want to accept bitcoin because many of their bank will be bankcrupt due to the characteristic of bitcoin that is much more cheaper and profitable than storing your money to normal banks.
In my opinion, the reason why many countries don't accept Bitcoin is because it takes away the control they'd have had on huge transactions since it's anonymous. China put strict laws on the cryptocurrency. Now, Russia wants to start it's own cryptocurrency "Cryptoruble" under the orders of President Putin. This is all to curb Bitcoin's influence.
They don't accept yet that bitcoin maybe because they need to pass a bill first regarding the acceptance of bitcoin. And that, they need a dept undestanding how bitcoin works and its culture. Perhaps, there are more things to be prioritize than that. Hoping that in the near future, bitcoin will be accepted.
It's a more advance technology, but much harder to use for the average person. And also very volatile.
Because of taxes. And if government don't get taxes it'll be great lose for them, one more reason can be that is money laundering..
Some governments never legalize those things that they can not control.
Other governments see in bitcoin an unprovided bubble that can make a poor population.
Other governments see in bitcoin an unprovided bubble that can make a poor population.
It's because it's tied to the vested interest. But I'm going to accept in several countries.
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 due to the fact that the government and the world leaders are still trying to figure out how to deal with bitcoin and cryptocurrencies as a whole. tHey want to regulate and tax it I assume but it takes time and that is why they are evasive about it
The only reason Government doesn't accept Bitcoin is that Congress hasn't made a law that says that they can. Many people in Government accept Bitcoin on a personal basis.
they know it will ruin their plans
I think, they don't accept bitcoin because they assess that the price of bitcoin is still not very stable.
probably because of the legal uncertainty about bitcoin, money laundering and crime costs are very likely to occur in bitcoin.
even today bitcoin is still not legalized by many governments, it has many disadvantages like unstable and anonymous so can not be control by any government, so it is very important bitcoin have to be controlled by government.
The state is primarily interested about themselves and not about the people living in it! Tax. This is the main reason.
Anonymous, this is the second and most disturbing. Bitcoin can be used for money laundering and illegal business, which is somewhat obscure,plus the accountability of citizens,why did the government successful and rich people,they want SLAVES,and only 5-10% rich and the rest of the attendants,so it is not profitable.
Anonymous, this is the second and most disturbing. Bitcoin can be used for money laundering and illegal business, which is somewhat obscure,plus the accountability of citizens,why did the government successful and rich people,they want SLAVES,and only 5-10% rich and the rest of the attendants,so it is not profitable.
Don't know about this reason. but I think government don't know about bitcoins anything.
just share my think.
just share my think.
Coz gov can issues money as much as they want without BTC.
Because bitcoin is out of control and no one can track you or know more information about how much you earn so that government not accept bitcoin
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 tax not pay on bit coin for the government. main reason this one. bit coin transaction is more safe and secure but here had no tax. one country growth depends on tax only then without tax paying services how to encourage government. in many major country's using bit coins but it has no tax. Jump to: