I think indeed all governments in the world must accept the digital currency, because digital currencies like Crypto are innovations in the present century. Humans on this earth are already very modern in everything using digital when they travel wherever they are not free from gadgets. So a government that has not received Bitcoin like in my country, please accept bitcoin as a legal medium of exchange. Because this is the future.
Yes, it is true that crypto is an innovation and has so many advantages that it is suitable for use by many people in the world. We must immediately abandon traditional transactions because in order to face this more sophisticated era, we must be able to maximize the existing system. 
Topic: Why should governments accept Crypto currencies? - page 11. (Read 27939 times)
I think indeed all governments in the world must accept the digital currency, because digital currencies like Crypto are innovations in the present century. Humans on this earth are already very modern in everything using digital when they travel wherever they are not free from gadgets. So a government that has not received Bitcoin like in my country, please accept bitcoin as a legal medium of exchange. Because this is the future.
It's pretty obvious that if you are a corrupt government is easy to hide your not so good activities, unless some government is incompetent of course or don't want to do it.
However, not necessarily corrupt governments don't like crypto. We tend to see a pattern of "authoritarian" regimes who likes to do those kind of things mostly. The rest is just people who don't understand the possibilities of Bitcoin/Blockchain or don't care at all about it.
In fact, even the dictators of Venezuela were advised to develop using Blockchain and create something that can deceive some as cryptocurrency when it isn't. Especially taking into consideration that they will run away with that money if they have the chance, mark my words.
The short answer is, Bitcoin is the future.
However, not necessarily corrupt governments don't like crypto. We tend to see a pattern of "authoritarian" regimes who likes to do those kind of things mostly. The rest is just people who don't understand the possibilities of Bitcoin/Blockchain or don't care at all about it.
In fact, even the dictators of Venezuela were advised to develop using Blockchain and create something that can deceive some as cryptocurrency when it isn't. Especially taking into consideration that they will run away with that money if they have the chance, mark my words.
The short answer is, Bitcoin is the future.
in my opinion it is not necessary or not obligatory to accept and even approve bitcoin. Because each country has different regulations in it, maybe those who agree are modern countries with a majority of people who are connoisseurs of digital currencies, while in other countries there may be many people who do not know that, some even don't know the internet ...
Bitcoin is a modern technology in the payment. With Bitcoin all it becomes easy, Bitcoin has many advantages of the ordinary Fiat money and the government must indeed receive Bitcoin because it has been a demands. Old or fast Bitcoin will be received by the whole country in the world, and the government must also introduce this bitcoin to the community, so they are not outdated and modern growth of technology as it is today.
No they don't support it for some reason like that. Bitcoin can make the Country Bank bankrupt if all citizens use Bitcoin and exchange to local currency. Considering how Bitcoin progressing it can totally make a huge impact to a country money flow if they fully allowed it.
Transactions can be traced if you know who are the owners of those specific addresses that you are tracking.
On their part, cash is more anonymous, no trace left if they are into corruption. Unlike bitcoin, if they do something with their balances, traces are left and its recorded on the network so that can be an issue for them. But I like to see it being adopted because they believe on it and understands it perfectly, not because they have hidden agenda.
On their part, cash is more anonymous, no trace left if they are into corruption. Unlike bitcoin, if they do something with their balances, traces are left and its recorded on the network so that can be an issue for them. But I like to see it being adopted because they believe on it and understands it perfectly, not because they have hidden agenda.
Government should accept Cryptocurrency for the sake of mass people who believe in crypto and also to help economic problem. But the only problem if the people in the government will abuse cryptocurrency and use it for their own sake and become greedy or if they can use it on their own illegal purposes.
Because people in one government should have a better and brighter future,and i believe that cryptocurrencies could help those poor people to have a source of income through by joining any crypto activities. If time comes that cryptocurrencies will be legalized,it can help to less the poverty in one country.
Why because if accepted, the whole world might and will go digital through the work of cryptocurrency. It's what can unit everyone of us all together through digital currency.
First of all Bitcoin is not completely anonymous. It is pseudo anonymous which means it can be traced to you with the help of some sort of information. Secondly, the transactions are completely transparent. Thus we will know what happening with the funds they received. Any sort of unusual behavior in their wallets would raise questions. They will no longer be able to steal peoples money. If they can't steal those money, what will they be hiding through these wallets? Corruption will actually drop down for which the Government is scared to accept bitcoin.
Taxes are needed, but minimal. It is important - the first three years, for example, the ICO should be exempted from taxes. And then the country will receive: a) huge liquidity (one ICO - the budget of a region or even a few small ones); b) new funds on deposits; c) new business entities; d) a huge labor market; e) additional funds from related services (purchase of traffic, payment for the work of specialists).
Fear of losing control could be the main reason for the oppositions. Blockchain is too transparent. Unlimited money won't be printed anymore.
Facists fear what they can't control. Most of the politicians are actually fascists or puppets of fascists. A true leader who practices what he preach wouldn't undermine the growth of Cryptocurency. He instead would go into serious Blockchain research rather than kill it
Facists fear what they can't control. Most of the politicians are actually fascists or puppets of fascists. A true leader who practices what he preach wouldn't undermine the growth of Cryptocurency. He instead would go into serious Blockchain research rather than kill it
Your words have a place to be.
.I propose to read a very good today's article which is just connected with the decentralization of cryptocurrencies.https://news.bitcoin.com/majority-of-crypto-assets-are-highly-centralized-research-finds/ I think after reading the results of this study, many people will have no thoughts about total decentralization.From my message, we can conclude that if most of the crypto-currencies are centralized, then we can assume that they are not anonymous.
.I propose to read a very good today's article which is just connected with the decentralization of cryptocurrencies.https://news.bitcoin.com/majority-of-crypto-assets-are-highly-centralized-research-finds/ I think after reading the results of this study, many people will have no thoughts about total decentralization.From my message, we can conclude that if most of the crypto-currencies are centralized, then we can assume that they are not anonymous.
Acceptance of bitcoins brings many benefits to the government and users. Users will be assured of transparency in transactions and investments, the technology that bitcoin brings will help the government manage better in all areas.
The government should accept the crypto currencies as it will prevent counterfeiting, better record-keeping and monitoring of transactions.
Indeed, it must be able to accept crypto for the future, with current developments, many countries have been able to accept competition. I think the government is giving a good policy if this happens, freedom of argumentation can be realized and good for all development.
I think that is what they fear, or maybe because they do not know for sure whether the blockchain can actually be tracked or not, but from the start of some developed countries that accept BTC in their country, we can conclude that there are some countries that do not use btc is money laundering if they know that blockchain can be tracked, and there are also rumors saying that BTC is made by cia, but that is just a rumor that is uncertain.
Cryptocurrency will bring each people a proper and transparent transactions in the government nowadays, because every transactions made is registered in all peers throughout a system or a network, and also hackers cannot invade this kind of technology.
Because at present, the cryptocurrency co-expression is showing its worth in the market. They can change the economies of underdeveloped countries. Governments that provide Cryptocurrency and other service or business areas of the people may be able to help Cryptos develop so much.
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