Topic: why should governments allow bitcoin to continue grow? - page 13. (Read 4017 times)
Actually, it doesn't really profit the government in many ways. However, it is time that it's not about the government. Especially with money, things need to be more decentralized. YOUR money shouldn't be in someone else's their hands, you should have control over it.
In my own speculation, Is it possible that there are big person's behind who used to transact bitcoins to escape from tax evasion or other type of criminal act just to fulfill their wants, We knew there are so many possibilities might happen in this type of negotiations.
bitcoin can be popular without intervention of government, so what government should allow bitcoin to continue grow. if they want to control bitcoin, I don't think that it will give good impact on bitcoin itself.
It is my guess.
Because the US dollar is the 'key currency' in the world, US has a many advantages such as seigniorage, issuing treasury bonds or etc.
It is unfair for other country, so they want a new transparent and fair 'key currency'. Someday, bitcoin could be a 'key currency'.
I think that's why the governments allow bitcoin to continue grow.
I think that is a good idea but that's not the truth behind it. You see the government CAN'T even control Bitcoin because they CAN'T access the blockchain. Because first of all the government don't have the key, they've been endlessly trying to control it. That's why Bitcoin has always been allowed by the government.Because the US dollar is the 'key currency' in the world, US has a many advantages such as seigniorage, issuing treasury bonds or etc.
It is unfair for other country, so they want a new transparent and fair 'key currency'. Someday, bitcoin could be a 'key currency'.
I think that's why the governments allow bitcoin to continue grow.
To tell you the truth, Bitcoin is already a 'key currency', it can be accessed almost anywhere.
In my opinion goverment allow bitcoin to continue grow because it can support our economy also using technology by working through online/internet such investing or to do advertising in any site it a big help to them aslo to promote their website but it is just my speculation.cause there's alot of emerging job now adays the most is currencies. It is a big help for us also to not get hard work even we are in our home we can earn cash to sustain our daily basis by working online .. Thanks to the government 
The truth is if the government will be involved, the whole decentralised thing about bitcoin will be nonsense.
The government will surely take away the anonymity for it will be needing legal basis for transactions. The main third party that the bitcoin is against is the government itself because of high fees. So literally, if bitcoin is just like another currency, the only characteristic that it can be popular of is its volality, and it's access in the internet. When it comes to use, both fiat and bitcoin will have fees and not profitable anymore. ( worst case I can think of )
The government will surely take away the anonymity for it will be needing legal basis for transactions. The main third party that the bitcoin is against is the government itself because of high fees. So literally, if bitcoin is just like another currency, the only characteristic that it can be popular of is its volality, and it's access in the internet. When it comes to use, both fiat and bitcoin will have fees and not profitable anymore. ( worst case I can think of )
hi there
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
I have often seen people confuse Bitcoin and government against each other, while I do agree Bitcoin is designed to make sure that taxes are not paid, but if you see carefully one can make a strong case for Bitcoin and government to Co exist with each other, if Bitcoin is allowed to be used then, government can put a small fee over it, and imagine they would earn more than what their taxes are collected. So that's why they would allow it to grow, look at China and Japan for example.
hi there
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
A lot of countries have several reasons and most times its beyond being objective and part of the reasons would include
1. Developing countries will have difficulty in stopping bitcoin at the moment because of the costs involved and at the same time the resources to be dedicated for such might not be available and the amount to go after might not be proportional to the cost to be dedicated for such.
2. To the advanced countries, its either of two ways which wont be limited though
1. They are trying to stop it but they are yet to get a breakthrough in which they are using regulations to buy time.
2. Others are scared of the future in case the world changes to adopt a digital currency and they have stopped their own citizens, it then makes them to start from the beginning even after they had the opportunity to be at the forefront.
Actually bitcoin is not controlled by our government but when the government allows bitcoin to engage in each country, the real thing comes. Bitcoin will boost up because it will not only help the economy of the country but also those persons who engage in bitcoin right away .
"Helping economy of the country" what kind of joke is that, bitcoin not even helping the economy of the country but i can say that it'll unstabilize the economy, all of the government economy is always based on centralized system therefore they have control over it not a decentralized one, i wonder how you can say that bitcoin is helping the country's economy but that just dumb statement i say.
It is my guess.
Because the US dollar is the 'key currency' in the world, US has a many advantages such as seigniorage, issuing treasury bonds or etc.
It is unfair for other country, so they want a new transparent and fair 'key currency'. Someday, bitcoin could be a 'key currency'.
I think that's why the governments allow bitcoin to continue grow.
Because the US dollar is the 'key currency' in the world, US has a many advantages such as seigniorage, issuing treasury bonds or etc.
It is unfair for other country, so they want a new transparent and fair 'key currency'. Someday, bitcoin could be a 'key currency'.
I think that's why the governments allow bitcoin to continue grow.
Actually bitcoin is not controlled by our government but when the government allows bitcoin to engage in each country, the real thing comes. Bitcoin will boost up because it will not only help the economy of the country but also those persons who engage in bitcoin right away .
hi there
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
because government knows what the advantages of it . if you look at the chart of money comparison, the bitcoin has a high fungible,high consumable, portability durable highly divisible secure easily transactable scarce decentralized and its being programmable. the only dis advantage of bitcoin it is only on the government issue, so it's up on the country if their banned it or not.now we see the advantages of the bitcoin among the all so i think it is the reason why some governments allowed it to grow the bitcoin I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
hi there
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
Other goverment hates bitcoin but other love the bitcoin the reason is becuase the bitcoin is modern and it gives a help to all people like me to use this as a extra income to buy anything so in short bitcoin is so much profitable for all people. I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
hi there
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
First of stop spamming the forum with you signature just to increase your post count - it is very evident because these idiotic questions only leads to people spamming the topic with more useless posts.
If you would have done some research on bitcoin before jumping into earning money with signature campaigns you would have been able to get the answer to your question easily. Bitcoin is not controlled by any central organisation. Governments cannot do anything to control it even if they want to. All they can do is to regulate the coins in circulation. Even then it is tough to do and generally governments outright ban bitcoin or simply dont care to poke their nose in it.
for me government should allow bitcoin to grow because people are getting benifits from it, I thinks what they need to do is to improve it instead, cooperate with its developers in order yo regulate it much better. We should bot stop on things that can help alot of people
Maybe the right answer is why not? After all if they let Bitcoin grow they will instantly feel the benefit from it. Everything goes around in this world one way or another the government of any country will find a way to benefit the use of Bitcoin by the masses. The only thing they can do which they will still allow the usage of Bitcoin is of course explain the Bitcoin is not a way to avoid taxes and that by itself is still taxable, because applying unnecessary taxes to it is not a good way to show support for Bitcoin.
And the one that will get the full benefit is their community. Look at China, their community thrives when they are still bitcoin friendly. But when they decided to ban ICO, closed their exchanges, the Chinese bitcoin community suffers. If they want to put tax on people then they should regulated in some how. And if bitcoin will grow, their country will grow as well. It should be give and take attitude for the government. And if they are really pro people, then they should allow it. That's why I consider anti bitcoin country as not pro people and its really sad that they can't see the advantage of allowing bitcoin to naturally grow.
If the government allow bitcoins to continue growing it can help improve the economic condition of the country and when the financial situation of the people change there will even be economic growth and it can even sort out some of the unemployment issues prevailing in the country and in other sense it helping the nation remove unemployment issues the only thing is that the number of users in bitcoins is growing day by day and nobody has to reveal the real names and there no such rules whether they should pay tax for using it so it also helping them save their cash that was going as taxes but when they cash out and spend the money the government get its tax from what they transfer and spend
hi there
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
Dude you should know that bitcoin is not being controlled by the government. There isn't an interference on the government part on bitcoin. I don't know if bitcoin catches the governments attention because of its growth and the amount of people who are in line with this kind of currency. I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
Bitcoin helps us to promote our bussiness,our economy etc that's why governments should allow bitcoin to continue grow.
Maybe the right answer is why not? After all if they let Bitcoin grow they will instantly feel the benefit from it. Everything goes around in this world one way or another the government of any country will find a way to benefit the use of Bitcoin by the masses. The only thing they can do which they will still allow the usage of Bitcoin is of course explain the Bitcoin is not a way to avoid taxes and that by itself is still taxable, because applying unnecessary taxes to it is not a good way to show support for Bitcoin.
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