why should governments allow bitcoin to continue grow? - page 5.

aencarnaci

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Quote from: Ucy on October 28, 2017, 08:24:43 AM

Do you want to see "government" declare war on Bitcoin or something? Well, I think this is time for Crypto to take over. They ain't going to succeed.
I bet they are currently grouping, regrouping and scheming to destroy Bitcoin... Fortunately the whole thing is moving faster than they can figure something out.

For prevailing bitcoin all over the world the governments should legalize and regularize bitcoin as their acceptable currency. If the governments do not take any interest then it will be very difficult for bitcoin to take over. Then it will be just a coin business and will not be the mainstream of all the currencies. So I think that all the governments should think seriously about bitcoin.

nguynthgiabanh

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Last week, CNBC conducted a non-science online survey with the question, "Where will Bitcoin go?" Targeted at market participants.

BossMacko

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Government should allow Bitcoin to continue to grow because it can help people to achieve or to obtain money to support them. We all know that government cannot help every citizen under their country so instead of banning Bitcoin they should just support every Bitcoin user in their country. But the problem is Government can't find a way to Control Bitcoin , to get from Bitcoin so Bitcoin is banned in some countries.

dangful

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Bitcoin is the future of economy so any country that neglect Bitcoin or doesn't develop their own crypto currency will be more likely the economy will collapse because international trading would be through digital currencies and some countries are now refusing dollar as payments.

Jedzkie050617

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Goverment in some countries, allowing bitcoin and to continue grow beacaue it really helps to the nation's people changing there lifestyle as they have money to earn. Also, the government understands that every people needs money as they need commodities and necessities. Now, bitcoin's value is increasing and may give much more profit in the future.

Avity

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They should allow bitcoin and crypto to grow because it is in their ultimate best interests. The strongest countries are those that have the best educated populace and free market in which innovation can flourish. By empowering the power, the government itself becomes strong.

BTCMILLIONAIRE

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Quote from: iram3130 on October 29, 2017, 12:58:20 PM

What do you mean by ALLOW.? It's not their decision to tell us what we can use it what we can not. Of course they wanna control money but it'll be too tough decision for them to hold back crypto.

Good luck convincing normal people that the government has no business in their decision making process.

I don't see how they would control crypto either though. Would take some serious global scale effort from all governments combined to destroy trust and interest in crypto. And we all know that governments can't work as a team.

jc89

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Quote from: jonathan6655321 on October 08, 2017, 01:54:10 PM

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

Maybe because btc can help boost a country's economic status on a certain point. What's more important thing that yhe government should not overlook is how it helps those who are struggling due to unemployment. Btc helped (is helping) people to have sources of income while they aren't getting lucky enough to land a stable job. Unemployment rate is a serious situation and it reflects an economic status at some point so it should be addressed.

bitcoinVPSD

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I think the government should let bitcoin continue to grow. Because the government wants to develop the country, the people of the country must be very wealthy. Therefore, they should encourage people to invest in bitcoin. And bitcoin is also very safe. It can cope with the economic crisis in the future.

iram3130

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What do you mean by ALLOW.? It's not their decision to tell us what we can use it what we can not. Of course they wanna control money but it'll be too tough decision for them to hold back crypto.

kramchers

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do they have a choice ? remember CHINA ban the bitcoin on their country ! what their people did ? went out oof china and live to japan and keep having bitcoin ! this is bitcoin you cant do anything but to accept !

Sarah08

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Quote from: jonathan6655321 on October 08, 2017, 01:54:10 PM

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

Yes governments should allow bitcoin to continue grow because bitcoin has already helped so many people especially in their financial status. In bitcoin people are able to gain so much money and people ae able to earn so much money in just using the less of their time and the less of their effort.

alexzorgo

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That government which quickly will begin to apply a blockchain and cryptocurrencies will be able to use it in own favor earlier. It as with any new technologies: you can stand away from inevitable progress or can participate in it, develop and introduce new technologies in life. As is well-known: "If you cannot suppress, then it is necessary to head"

streetlight

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Governments aren't allowing Bitcoin to grow. There is nothing they can do to stop it. It's a globally distributed decentralized computer network that provides an immutable ledger, IMMUTABLE.

Skieleton

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How could he do that? The price of Bitcoin depends mainly on demand and supply. They would have to control the amount of BTC. We know it's impossible.

Vannie12

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For me the reason why government should allow bitcoin continue to grow is that bitcoin can really help to enhance the lifestyle of the people. Our country is suffering from poverty which it cannot be solve easily. There is a lot of people who finish their study yet they can't find a stable job that can be change their lives or should i say a lot of unemployed person, and bitcoin gives oppurtunity to those person, though we started in a small payment time comes you will meet the amout that you expect to happen when you work hard for it. This could be one the reason why government should continue the bitcoin to grow.

Lintel

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Quote from: 0t3p0t on October 08, 2017, 11:13:05 PM

Quote from: jonathan6655321 on October 08, 2017, 01:54:10 PM

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 Bitcoin could help the economy to grow and could possibly solve poverty someday. There will be more businesses, merchants, investors and opportunity for everyone to get involved into. As they are implementing regulations to exchanges, millions of taxes could also be gathered if the government allow Bitcoin to continue growing because the community would probably support and invest in Bitcoin. They can still controll the money we are using when we sell or withdraw our coins from local exchanges and convert it into fiat money and for me I see no reasons to have a problem or conflict with that. Everytime we withdraw our funds on local exchanges there is tax so that is why they need to allow Bitcoin to grow instead of making a move to ban or prohibit the use of it.

This is exactly true, the government should allow th bitcoin to grow because it helps the economy in the way that people who are unemployed can have an incomw through bitcoin , it can lessen hunger cause by poverty. In a small way it can lessen as well the crimes caused by not having money to buy food for the family that sometimes trigger those very poor family to do the crime. In our country, like me my earning through bitcoin is already a big amount of money to us. Students can go to school through the help of bitcoin, i know some.

ivrynx

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Governments should allow bitcoin to grow, becuase in time, governments will cling to bitcoin, as of now, the world no yet experiencing a great depression, and almost every nations still have great amount of faigh in their fiat, especially when it.comes.to dollar exchanges, they see that they still have a powerful fiat becuase of its buying power, but if you take a look at zimbabwe, their fiat is almost close to nothing and there was a time that 1 trillion of their fiat can only buy eggs, if that kind of scenarion happens, governments will turn to alternative currencies, and if they stop the progression of bitcoin now, if they can, then in time, they might regret it, and try to use bitcoin again, but the result might be different, if they all suddenly turn to bitcoin as an alterntate source of currency, the price.of bitcoin will sky rocket, that even governments couod not afford it.

iamzill

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Quote from: jonathan6655321 on October 08, 2017, 01:54:10 PM

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

the government in my country has not been so high on bitcoin because maybe the government still feel safe and controlled for the development of my country, but it is also possible the government will limit because bitcoin exchange rate with currency in my country is very high enable it can make financial inflation in my country

Yamifoud

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Most probably they can't take control the volume of people supporting bitcoin and other crypto currencies. Bitcoin doesn't give any harm to us and there is no reason that the government will take steps against crypto. They must also consider the good of their people and give them chance to be a part of this technology, since it will make their people into having a better life that government can't provide it.

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