Topic: why should governments allow bitcoin to continue grow? - page 2. (Read 4017 times)
Even government outlaw the use of that cryptocurrency, they can't effectively implement it because they have no control on bitcoin which is decentralized. I think some countries like China will eventually give up on banning cryptocurrencies like bitcoin because their people can buy still buy it in the underground exchanges. Even a court in China ruled in favor of the bitcoin because it is their right to own a cryptocurrency. People get more benefits if other restrictive governments allow bitcoin in their country.
There is nothing to do anything for growing bitcoin. As we know bitcoin is decentralized and the user of bitcoin is anonymous. So the government can not track users for taking taxes. Even will not control bitcoin and its activities so the government can observe but will not do something for the growing of bitcoin.
because the one who controls bitcoin is not the government, every investor already has his own authority and rights in controlling the circulation of bitcoin in the community. the government can only monitor but cannot touch it
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 am sure, governments are already started taking steps towards controlling crypto, btc, etc. So the more advanced they become in this, the faster btc goes mainstream. The popularization of crypto will be accelerated by times if governments have financial interests in this.
I think that bitcoin is free from any influence of any government and if bitcoin is free from every side it can be grow but if we impose some strict rules and regulations for it then it's value can be influenced by that also like if we look at the tax issue that government will impose some taxes upon it then it is harmful to the crypto and with this the crypto market also affected but i am sure that if we use bitcoin in transactions we can save more money and it is a safe way the bitcoin community is rising day by day.
Bitcoin is one of the innovations, bitcoin is one of the technologies, and bitcoin is one of the advancements. Bitcoin is proven to provide benefits to make it easier for us to conduct financial transactions quickly, easily, and cheaply. This good thing should get full support so that the government as the official authority should indeed provide space for bitcoin to continue to grow and spread even greater benefits. It's a shame if bitcoin as a great technology must be forced to stop providing benefits because it means that we are experiencing setbacks. Bitcoin as a crypto currency does have to grow and always innovate. I am sure that in the future this bitcoin will be more useful. Bitcoin as a means of payment will complement the function of the fiat currency and cover the shortcomings of fiat currencies where there are several financial functions that fiat currencies cannot do quickly. We must be open to the emergence of this innovative technology so that we become more widespread to enjoy the benefits.
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 think and I believe that governments has no capacity to shut down bitcoin and blockchain technology and if its has that capability it could have done that long time ago. Did you think governments will live things that there know will bring freedom to the society and common man? I don't think so. Governments will ever be against bitcoin and other coins and that is why they are promoting bad and false news about bitcoin and other cryptocurrencies. I don't think government can do much again bitcoin than it has already done! I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
What you say is not necessary to take down bitcoin. They need just to block the bootstrap node IPs to which the wallet connects to at boot time, and voilà, all the wallets in the country don't work anymore.
Or they can threaten the BTC core dev team, making them remove the software from github and the official download sites
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 think and I believe that governments has no capacity to shut down bitcoin and blockchain technology and if its has that capability it could have done that long time ago. Did you think governments will live things that there know will bring freedom to the society and common man? I don't think so. Governments will ever be against bitcoin and other coins and that is why they are promoting bad and false news about bitcoin and other cryptocurrencies. I don't think government can do much again bitcoin than it has already done! 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
Because BTC was made by american intelligence to easily fund their agents & spies all over the world.
That't what Natalia Kasperskaya said at a Kaspersky convention, and i believe it to some extent.
After all, if the gov hated bitcoin so much then it was very easy for them to take it down:
they may just arrest/blackmail the devteam/distributors of Bitcoin,
and/or block the bootstrap node IPs that the BTC wallets require to join the network when they are launched.
It would be that easy
I agree with you. That the government should allow Bitcoin. Thereby, Bitcoin will have a good impact in the crypto market. And the market value that bitcoin will also increase.
Bitcoin helps us to promote our bussiness,our economy etc that's why governments should allow bitcoin to continue grow.
The government allowed to continues bitcoin to grow cause bitcoin is a big help for there country it helps to gain there economy to less poverty and helps business to grow and become everyone successful. Any government that wants progress will know that bitcoin and cryptocurrencies have come to stay. A proactive and visionary government will look into the blockchain technology and see how it can be of use to it.
Yes, if they can see the system be usable then its better to let the system grow, we know that there's also some countries which is open minded and can deal with new innovations, if people can use it properly then government will have a good insight that it can also be usable and it will be adopted, it should be themain reason why they will allow it to grow because of its sole purpose and usage.
Government should accept bitcoin and let it continue to grow because it helps the people a lot. It will also help the economy to be improve and have a progressive country.
Any government that wants progress will know that bitcoin and cryptocurrencies have come to stay. A proactive and visionary government will look into the blockchain technology and see how it can be of use to it.
Ideally, government should be the shelter for their people. They should give services fully. By making everything easy for their people is one the best services government could do. Bitcoin is basically one of things that they used to allow to continue because bitcoin can make every transaction doing by people become so easy and practical. Yet, to make it really happen is not an easy as the expectation since bitcoin is unlike fiat where government can trace and control it, so they do not allow bitcoin to be one of legal currencies.
if they outlaw Bitcoin, then Bitcoin will become the underground currency and the it will be simply impossible to touch it, even with all the forces a country can manage. it;s better to let it grow, implement KYC/AML as far as possible and go used to with it in few decades.
I think the growth of Bitcoin has nothing to do with the government. the government allows bitcoin or not bitcoin will continue to grow. proven even though there are refusals from several countries, bitcoin can still grow rapidly. because bitcoin is decentralized. cannot be controlled by anyone. but when the government accepts and permits it as an investment tool and currency. then bitcoin can help its people to achieve financial freedom.
Bitcoin monitoring from the government is adjusted to all conditions that will occur, if they do not care and bitcoin continues to move wildly they will find it difficult to overcome it if the public is more familiar with bitcoin in the future.
The government cannot ban crypto movements globally but they also have to find loopholes in how they can finally adjust to regulations. if not, they will find it difficult to stem things they do not master.
I have my own opinion about this issue,it appears from human rights,from constitutional grounds.anyway Do you know why bitcoin's price is so high? I can tell you that people have trust and they want to be as it is today.If it was so useless there'd be no high price,therefore it would not be so actual for goverments,Okay,I just want to say by this that Goverment purpose opposes to people's purposes and there are no legal grounds from goverment to prohibit or even create unjustified regulations and if goverment wants to create there will be a big dissatisfaction from the society.
The government in this case cannot stop the growth of bitcoin because bitcoin is a digital currency that is on the internet, so the government cannot intervene. The second reason why bitcoin continues to grow, because bitcoin users already feel the positive impact of bitcoin. 
I think the growth of Bitcoin has nothing to do with the government. the government allows bitcoin or not bitcoin will continue to grow. proven even though there are refusals from several countries, bitcoin can still grow rapidly. because bitcoin is decentralized. cannot be controlled by anyone. but when the government accepts and permits it as an investment tool and currency. then bitcoin can help its people to achieve financial freedom.
Of course the existence of bitcoin does not disturb the stability of the government, so the government continues to allow bitcoin to continue to grow, besides I see that the existence of bitcoin helps economic growth in the government and can also provide jobs for everyone and provide welfare to many people. Based on these reviews, I believe that there is no reason for the government to prevent the growth of bitcoin, because indeed the presence of bitcoin is a part that can help the government in all aspects of the economy, and so on.
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