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Topic: Why government don't accept bitcoin??? - page 6. (Read 1158 times)

hero member
Activity: 1120
Merit: 502
October 26, 2017, 07:22:56 PM
#11
Why they don't accept the better technology..I can't understand why they don't accept it??
One of reason of this , is the goverment (goverment that did not accepting cryptocurrency) they think that will kill their own fiat system even theirs a better technology behind crypto and they think they cant control crypto once they accept it.
member
Activity: 97
Merit: 10
October 26, 2017, 07:18:55 PM
#10
I think because of security reasons. Bitcoin is the favorite money for hackers, criminals and hit men.
hero member
Activity: 584
Merit: 502
October 26, 2017, 06:08:07 PM
#9
Government = mafia.

They want to control you. And bitcoin can't be controlled. Ergo - government doesn't like btc.
hero member
Activity: 541
Merit: 500
October 26, 2017, 05:57:36 PM
#8
Because Fiat currency is directly tied to the country, and the economy.  Cryptocoins are universal and not tied to anything.  Also Cryptocurrencies are still the wild west.  Far to many people out hacking/stealing ect.  And Wallets not as easy to use as handing someone a $20 bill, and 1 wallet update gone wrong, or every unbacked up wallet that occurs on a device that crashes add a pile of things that will cause the majority from accepting it.

As far as things like Anonymity and taxation.  Those are far easier to control with a cryptocurrency.  Fiat is fairly untraceable.  So I don't buy those as being reasons at all.
newbie
Activity: 28
Merit: 0
October 26, 2017, 05:46:06 PM
#7
Control over a population's currency is a big deal, crypto threatens that control, shakes things up in a way that is not predictable.
newbie
Activity: 36
Merit: 0
October 26, 2017, 04:23:47 PM
#6
governmet can't control cryptocurrnecy transactions so it will be hard to regulate taxes
cryptocurrnecy is the most used today in the black market
That's why govrnmet don't like it
member
Activity: 80
Merit: 10
October 26, 2017, 02:53:53 PM
#5
Tax, money laundering, and above all the problem of banks. I think so
newbie
Activity: 35
Merit: 0
October 26, 2017, 12:32:41 PM
#4
Because you Buy/Sell p2p no one will Know that make many use it in Dark Things
full member
Activity: 168
Merit: 103
October 26, 2017, 12:29:27 PM
#3
Because gov does not get any tax from this.
full member
Activity: 935
Merit: 105
October 26, 2017, 12:08:30 PM
#2
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.
member
Activity: 96
Merit: 10
October 26, 2017, 12:02:27 PM
#1
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..
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