Bitcoin Forum

What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.

I think that is not an easy matter, even if more than 60% of citizens in a country support the government crypto would not issue a policy on its support (even if there is a tax on every transaction and income), because as far as I know (from this forum) very much the opinion that the government wants full control over crypto in the country, different if the country wants to enter and join the crypto space.
and the tax policy in every income in my country has been imposed on every crypto investor (but still crypto is still illegal and not illegal) and of course there are still many people who are absent to pay income tax from crypto. so far this is all I know ;)

It's a good idea, but I think it's not an easy problem that can only be done easily, most people in a country would not agree if bitcoin is used as a legitimate currency, certain people who participate in the negotiations must be 89% of it will not.
It is certain that the government of the negotiating country will not do it.

To negotiate with the government is to show its weakness. We have different goals. Such negotiations have no prospects. I think we should use bitcoin and not pay attention to the opinion of governments. Only when governments admit they've lost will they make concessions. It may be a long road, but we have to follow it.

Taxation on any earning will be good for helping poor in that concern country since these fucking politicians corrupting here in this world so if we pay the taxes properly also that will not goes to people again.
If the taxes really goes to country well fare no one here worry to pay their taxes same thing applies for the bitcoin earning too.
I expect your idea to become true buddy. I am not sure how long it will take but will become a legal currency in every country.

About the negotation with the government. There's a rumors that the G20 summit will held a meeting on March 19 and 20. Guess what? A Mega Cycle bull is comfirmed. bitcoin is coming on our way. They will legalize Bitcoin for sure.

A huge part of people do not understand the purpose and how the crypto currency works. It takes a long time for people to accept the crypto currency, and if this happens, then it will not be necessary to persuade the government!

preferably like that, than the government forbids its citizens using bitcoin.
should be applied rules and taxes to bitcoin users. it will also increase state revenue.

Agree with you on this.

Crypto is created so we don't have to be worried or persuade anyone of anything. It is peer to peer and government should not interfere there. But I also understand that almost everyone will come to a point where they would want to sell crypto and get cash, and that creates problems...

   I like positive predictions, and this one of them. When I think about it
I think why not? G20 is big happening, they need to discuss about crypto-
currencies, it is not big it is huge!
   I never paid attention of big political happenings, but on this one I will.
You made me interested, if they make positive environment for crypto-
currencies that will be a huge for all of us who have some coins! Why not,
there are some smart politicians that see the crypto-future as we do here,
it will be interesting to see what will happen on that summit!  I will be
optimistic about it!

There's no need for negotiations with any government. The governments will accept cryptocurrencies, but after having regulations. That means transactions will be taxed and are no longer decentralized. And that's just not what cryptocurrencies were made for.

This topic has been addressed multiple times, privacy altcoins should solve the regulation issue with ease. Privacy altcoins that provide true anonymity to protect the users, and provide decentralization to protect the blockchain, are a valid solution to make any cryptocurrency immune to any regulation. Be careful, as most privacy altcoins claim privacy but not truly anonymous.

It wouldn't be appropriate to leave without a recommendation from my side, so I have to mention what I believe will become the leader in the future of privacy cryptocurrency. DeepOnion achieves privacy by integrating Tor, a solid platform for user anonymity, along with OBFS4 bridges and MEEK to circumvent censorship and snooping. The project is huge and cannot be summarized in a single post. DeepOnion is still in the airdrop phase, distributing the coins to the public for free, check the link in my signatures to join.

No negotiations with the governments make no sense. It is unlikely that any government will agree to talk simply with individual citizens. Recognition of crypto currency as a means of payment is still maturing. Recently, the European Court of Human Rights has ordered the German government to recognize bitcoin as a means of payment. This means that such a decision will also be mandatory for 41 countries that signed the 1950 Convention for the Protection of Human Rights and Fundamental Freedoms. So bitcoin will soon be a legal tender in most countries.

We don’t need any negotiation with the government because time will come they will realize how good cryptocurrency is. In the future for sure they will make bitcoin as a legal currecy, but it really takes time before that things to happen.

it is necessary that the government should be replaced differently the present will not give a full development, the politicians have their own business, and by introducing bitcoins or other crypto money they receive as a result an outflow of capital from the business that entails bankruptcy! so this is a long question!

While I agree with both your sentiments about interference and government should mind their business, is your stance the same with taxation? Because if you want Bitcoin to ever be legal currency and ever have an ounce of legitimacy, you will most certainly have to pay taxes. If you don't want to, sure hide your funds and spend your whole life hiding and running around. That won't be me, I can tell you that.

Government are so afraid to legalise bitcoin because of the anonymous transaction as most see it way of laundering and promoting shady deal.

you can't really generalize. Tax is not the only concern of governments. Take China for example, bitcoin was (and is) really threatening their artificial inflation, they want to keep the yuan low so it trades well against the dollar.

No country will include Bitcoin as legal tender. This is because mst people cannot accept it in settlement of a debt.
Which countries have made it illegal to own Bitcoin?

What if governments somehow manage to link our unique id with Bitcoin wallet and bank account. Or what if government manage to make such crypto wallets which can record the transactions details.
Like every time we use internet we registered our devices with its unique MAC address and IP address so government can use those IDs to track transactions.

Sure, I'll just give Trump a call and arrange a negotiation. He likes negotiations. He makes good and big negotiations. Always good terms. Always good terms.

Certainly a viable solution. It is the only way to make bitcoin legal is by giving the government taxes from our earning via bitcoin. There should be enough consensus among bitcoin traders and miners (on different countries) what percent is taxable and viable for us. I know some government may induce high taxes which are not or seems viable.

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Yes, If bitcoin was taxable then the probability of bitcoin being legal is high.

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Thats what the government are trying to eliminate when legalizing bitcoin. Majority of bitcoin user are legal people and only a bunch of user do transact illegally.

if bitcoin users pay tax for every transactions or the government allowed to control our bitcoin wallet i think government will agreed and decide to legalized bitcoin but i don't want they control my wallet or while use bitcoin i don't want to paying tax to them and currently as long as they not bann bitcoin i think it does not matter if government not legalized bitcoin  

If people started doing petition and gathering signatures for everyone, create a proposal and submit it to official concerns, and do follow up, then I thinks some changes and suggestion front he government might come!

This is somewhat unrealistic. The government itself has a rough idea about bitcoin and it is difficult for us to interfere with these people. Of course, if you are a member of the government, then you have the ability to do this.

   Our government never really negotiate with citizens. State even wanted to ban bitcoin and jail its users, but they realized that such decision will cause massive disobey and havoc, thats why they are waiting. State consider us as slaves here

Agree or not, they will find a way to tax Bitcoin users, probably by taxing the exchanges. However, I think governments would like to create their own blockchain than using bitcoin, if one day they decide to legalize cryptos.

Good thing in my Country it is not banned. The cryptocurrency which includes the BTC can be considered as a knowledge and technology at the same time. It is also governed by evolution even though it is not part of the natural ecosystem. So eventually, in the lone run, it will have an effect on many aspects of the society itself. The nations who do not have it banned at present, are very fortunate, as the members of their population who are interested in it would start learning it, the secrets it holds, and the science behind it, which would be an advantage for that nation. If that time comes, and the BTC becomes Globally accepted, then the nations who have it banned at present, would decide to "unbanned" it, and by then it would be too late for them. Because their population needs to learn it. Think of it this way, if we can classify the BTC industry for particular nations, in relation to being a 3rd world, 2nd world, or 1st world countries, it would be the same thing for the BTC. While most nations who at present do not have the BTC banned in their countries, by the time it becomes globally accepted, these countries would be classified as 1st world countries when it comes to BTC. For those who have it banned at present and decide to "unbanned" it in the future they would start off as 3rd world or even 4th world countries when it comes to BTC. Similar to what happened in my Country, the Government failed to accept Science, and failed to give a bigger budget to the Department of Science and Technology, and so now, instead of making the necessary equipments we need, or our nation needs, we buy it from other countries. The sole reason why we remain a 3rd World. It is not even the people who are the politicians who suffer from these, even though they are the people making decisions and allocating budgets, it is the population who suffers. Thus, for the BTC, early acceptance would be very beneficial in the long run.

If the government accepts Bitcoin as a legitimate currency, it will be a good thing for Bitcoiner. Bitcoin prices will go up quickly as the government accepts and supports it as a legitimate currency.

I think it's not as simple as you think. in essence, the government has an interest in the country's politics. there are various factors that make the ban issued. we already know clearly some governments forbid, and the factor is not just one. but there are many factors. so I think not all cases in a country will be the same

The government do not negotiate about taxes, because it is protected by laws. If you do not pay your taxes, the law will force you to pay fines and/or jail time for tax evasion. Governments can only be forced to do what you want, if you use your vote.

If your government does not support Bitcoin, simply stop voting for them in the next election and get all other people around you to stop voting for them too.

If it's a call for legal and I do not think it's okay what I know through this thing there's a bright spot about being in the state

If thats happen then we are all be very happy with that news. Maybe in the future government will surely aprove bitcoin as a legal currency since they cant control bitcoin even they wanted it too.

the government actually understands about bitcoin, so it's not necessary to persuade him to cheer up the bitcoin. Just wait for the right time to actually receive the bitcoin as a transactional tool in their country.

if in developed countries and societies more disciplined as in the country of japan. I believe, the government will be friends with bitcoin. because of its human resources that can offset any interests and restrictions that should not be done. this is different from the emerging countries, as in many Asian countries. very difficult, because crypto will potentially abuse, such as money laundering and other crimes.

I guess it wont happen so soon, like you can't trust Government same way you can't trust people. What is the guarantee people will let Government know how much they are holding in their wallet? In current strict banking system we have seen people hiding billions of dollars in foreign banks. When you have bitcoin it will be more easy to hide money.

Reason is simple Government's worry is 100% true! Yes  there are people who want to use the system fairly but at the same time there are many tax evading organizations and people, black money, terrorist funding and this worry list goes on and on.

Unless we find a solution to these problems! Crypto currencies are still evolving still. So if bitcoin is able to answer such questions definitely, many Governments will start accepting it's presence.

On other hand may be Government's can launch their own crypto currency and standardize KYC procedures all over the world like we have standards for Passports. But if that is the case then what will be the difference in current Fiat Money and Government's Controlled crypto currency.

1. Yeah, like fiat, it's not easy for governments to track the movement of decentralized currencies to tax it, but still with stricter rules and regulations, the governments could track crypto to fiat conversions through exchanges, South Korea barring anonymous crypto trading, Coinbase IRS notification, Indian tax department sending tax notices. Governments don't have to accept Bitcoin as a legal tender to tax it.

2. With the fiat system in existence, would any government give legal status to a decentralized currency? Not likely, but yeah, recognizing and regulating Bitcoin as a commodity is a sure possibility.

3. A unique ID and a unique wallet linked to the bank account to track all Bitcoin transactions. A lot more than pseudo-anonymity, Bitcoin is about having total control over your money, you absolutely own it, you can spend it or move it whenever you like. What would be the difference between Bitcoin and fiat if government controls it? Why do we need it?

In the beginning, governments totally ignored the existence of Bitcoin, but now a lot of governments are trying to regulate and integrate it into their financial system. What forced some governments to ban Bitcoin is what is making others regulate it, the adoption rate has increased tremendously, more and more people are getting into Bitcoin daily, more Bitcoin related business are getting launched. There is no negotiation, as adoption increases more governments will take a positive approach and a few the negative route.

Japan already did. And there's no regulation that happened because Japan knows the positive effect that bitcoin can bring to their economy.

But I don't like the idea of convincing government though. We have our freedom, why the government needs to curb or stop this new monetary revolution? I guess regulations is the only solution here. And its gonna be win-win situation for both the population, economy of the country (more purchasing power to the people) and the government putting taxes on cryptos.

your way of thinking is wrong in my opinion.
we shouldn't seek or beg the government to do what we want. if they are not doing it already then they are the wrong government that we chose. we should make a better choice next time then.
and it is not just about taxes. the  countries that are not very corrupt have already adopted bitcoin and made it legal and have a clear tax laws that people don't oppose. and those that are corrupt like India are fighting bitcoin and no matter what you do they will fight it.

That is actually a good idea, the problem is, had it been that easy as posting - many would have done it many years ago!
It's not too easy of a task, it is too taxing.
On another note, Philippines have hosted the "Blockchain and Bitcoin Conference" making the Philippines as the first country in Asia to address the growing interest in the cryptocurrency sector.
https://calvinayre.com/2018/01/15/conference/manila-turns-spotlight-cryptocurrency-blockchain-bitcoin-conference-philippines/

Legalizing bitcoin and alts may be a matter of time now in the Philippines

I think this is an impossible thing. Many countries do not agree with bitcoin because the instability of bitcoin affects their power. I think they can not agree.

We don't need to convince the government to accept bitcoin and legalize it in an entire country,yes i do believe in people power but the question is how much population of crypto users needed just to convince the government to legalize bitcoin in a country?If people that have known bitcoin in that place is just only 20% or even lower than that does the government believe that it could make any sense when bitcoin will become a part of the country since they are looking it as a threat to the economy as well.When the government want their people to have alternative ways to earn for their families then that country is very progressive because they look after with their people to live a wealthy life and giving tax on the government is not mandatory.

I don't think we can actually convince the governments to legalize bitcoins. I don't think it would make much of a difference if we try. And yeah most governments might actually legalize bitcoin by imposing tax on it. For example, Indian govt. said that they would take measures to control the illegal use of bitcoins, i.e. they would most probably be imposing tax on btc and not actually be banning it.

if it give benefit for government i think they will think about that.  but the problem is maybe percentage people "who know" is less that people "who don't know about bitcoin technology, the main thing is spread it over the world first

I think that is the direction that we're currently going
however, the anonymous feature of bitcoin will have to be diminished, if government wants to use it

The impact will be great

Only few countries ban bitcoin and tag it illegal. Though itis not totaly legal in some part of the world, the community already accepted bitcoin as a currency which is secondary to fiat money. May what we really need is a regulated way of governance to cryptocyrrency so thar the authority will fully accept bitcoin as a currency in exchanges. Taxes be paid for those bitcoin holder in order to have the support of the government on cryptocurrency.

It is actually the government who is trying to chase the people who are into cryptocurrencies. They have been looking solutions to solve this problem but until now it is not yet totally solved. Although, other nations come up with a better idea how they can get taxes from crypto. Until now this problem is still in debate and keeps finding ways to solve the problem.

Of course, why not? While I think the governments have different motives on regulating Bitcoin use or trading, I believe that the greater reason why they need to regulate its circulation and usage is that they need to levy tax on it. The governments are after all aware and not blind of the very huge amount of money involved in crypto. They want to take a piece of the pie. They deserve that in a way. That might become the way through which we can have a common ground.

Indeed that was a victory of the cryptocurrecy space particularly of bitcoin.
Although that was not the first time that bitcoin got accepted here, but it was a great show of legitimacy of bitcoin and its benefits.
With conference such as the one conducted here in the Philippines, community supporters no longer need to initiate negotiation with our government.
For now, our government has made the necessary steps to regulate and hopefully legalize bitcoin and alts.

If what you are saying is making it their official currency, I do not think Bitcoin will ever be adapted as the official currency what government most likely do is create their own Crypto currency. If it is just a being a legal currency then yes that is possible as some country already recognize it as a currency. For the taxes some countries are already taxing bitcoin income and I do not think we can debate about it. If they imposed it then you are oblige by law to pay that taxes.

I do not think it's that simple, every country that has declared its ban on bitcoin, must have put it into action and tried to discuss it first before it actually prohibits it. or you try in your own country if bitcoin in your country has been banned.

The question is how to convince the government?  If only minority of the population have a bitcoin it's hard to convince the government to make the btc as a legal currency unless there is a government body that will push it to become a currency.

Arizona already passed the bill to accept the btc as tax payment this one is a good start. 

Here in my country our own digital currency wallet have business with government like they need permit to run here so there's no issue about that negotiation with government actually they help each other company here so i think in the future crypto here will be regulated by government but still it's possibility only because we don't have assurance in anything here in crypto world

If anyone has to pro actively negotiate with them it's the exchanges. As of now, it's not used as currency therefore exchanges are necessary. They're the first step to adoption and regulation will start with them. They're  probably the first few who'll start negotiating with the government. Then, once bitcoin starts getting more popular, other companies would want a slice of it. Then they'll want to be able to accept it as form of payment. That's when regulations will become necessary, as they negotiate how transactions are going to be done. If big companies push for it to become a currency, it will happened.

who will represent bitcoin? Since it's p2p and decentralize meaning it has no given body that would represent itself in court.

Bitcoin can be arranged to be legal, but for it to be a country's currency is highly doubtful. A country's  monetary value is based on its economical status which is then printed fiat money. By that it would bedifficult to determine economical status by electronic currency.

In my opinion, the government will not easily accept that person's opinion to legalize bitcoin even though we agree to pay taxes from our bitcoin income, but the government will continue to ban bitcoin because maybe they do not want their paper money replaced if everyone uses bitcoin. because everyone will switch to bitcoins that are very easy to use compared to paper money.

It is already happening. A lot of countries started taxing Bitcoin purchases and capital gains and income in Bitcoins, but also there are notable exceptions going in totally oposite direction, like Germany for instance. Germany declared that Bitcoin purchases will be exempt from VAT.

It is not the same as making it legal currency, but it certainly is only a matter of time and it will start happening too.

is it possible that the government wants to negotiate with bitcoins? I think the government still will not legalize bitcoin as currency. because no matter where in a country is already in use the legitimate currency that was in use long ago.

Allowing tax for Bitcoin transaction is not the only way to convince the government to make it as a legal currency. Bitcoin's price should be stable first to have a higher chance of the government's approval. The fluctuation of price would be a difficult for government to project budget allocation. Also, we need to know the actual number of the bitcoin supporters before convincing the government. The bigger the population of Bitcoin users, the higher the chance of convincing the government yet not an assurance. If bitcoin will be adopted by the government, the banks will be in no use. This is an another issue which to be delt by the government before they agree than Bitcoins will be our legal currency.

I think it's irrelevant to consider btc as a currency at it's current state. It's more of an asset. And not all governments have the same thought about btc. Those that aren't in favor of it right now like china have reasons beyond taxing it.

Even we talk directly to the president of a country, the decision would not be on his/her own, it must be the whole countries decision.And besides, even if they completely legalize bitcoin but then people didnt fully understand what is bitcoin then it will still be a problem.So it must start in the lower part of the society which is the people going up to the higher part which is the government officials.

Mate, it's already a currency although its not a fiat but a crypto.And I truly agree with your opinion with the governments decisions.
BITCOIN and the other cryptos  won't be named as a LEGAL AND ILLEGAL type of currency for which they are in an anonymous transactions. The fact that the fiat transactions are well known to each people whose been using it and making their trades in every way they want then thats the time we can call it legal or either illegal.
Even if there are so many users of crypto around the world we cant still deny that the existence of it will also be gone.

Different governments have different reasons for banning bitcoins and it is not only due to tax collection:

1) In my country, government has not made bitcoins legal yet because they consider it as a spam. There had been a lot of similar scams here like chit fund companies and online ponzi schemes that ran away with money of thousands of investors. They do not want to get this repeated.

2) Some of the governments are worried that it might replace their current currency.

For someone to convince the government to legalize bitcoin in a country is difficult.
the first government can not be convinced because he is in full control. Even if people do massive demonstrations the government is not easy to take decisions on the grounds that bitcoin is considered detrimental to local currency that can damage the financial system. For example people prefer to use bitcoin so that cash transactions at local banks will go down. As a result banks can go bankrupt and again money laundering issues.
Of course the government will assess its own advantages and disadvantages.

For people to agree you would need a nationwide referendum and the majority would say no as only a small percentage of the population are into crypto. This will change in the coming years and bitcoin will have to be more widely accepted.

Government will not make it a legal currency but it will remain running because many people are already into this cryptocurrency thing and the government can't do anything to stop and some other countries already developed and advertising cryptocurrency.

The issue of money is a special kind of power, usually attributed to central Banks.

There are many advantages to this kind of power, which can be controlled by the monetary system.

Because the four basic core principles of bitcoin (neutrality, openness, trust, decentralization) are not destined to become national fiat currencies.

Governments don't want our permission if they want to implement taxes on the bitcoin income,if they want they do.Still many countries don't want to legalize bitcoin because they are scared that their country currency will replaced by bitcoin and they will face economical crisis.

Isn’t that generally the idea we are trying to work with, we are all trying to advertise and further thecause of bitcoin on a micro level as best as we can. Hoping that this would then transfer to the macro level where the government would then take notice and from there be able to have a dialogue with the government on what we want/need or would wish to have bitcoin or the whole of the cruptocurrency market for us to be able to have a much more legalized and regulated bitcoin transactions

Over time, there is a forest that Bitcoin will become less relevant due to the Flight into some other more promising currency. Of course everything does not go to another currency, but the risk of losing relevance always exists

People still don't get the idea.
 You don't really need secretive entities like the government to tell you how to use Bitcoin.  What if someone invents a way to pay for good and services with oxygen? Would you still need permission to use it?  By the way no government will accept Bitcoin without trying to regulating it. Asking government to regulate Crypto is like asking Robbers to regulate the police.

Brother I don't think you need permission to use a piece of code not owned by governments as long as it is used responsibly.
  Mother nature (or whatever it is) probably fighting  the current artificial limitations created by the ruthless "ones"  or offering us a way of escape... many don't get it yet but we will eventually.

Two things certain in life, death and taxes. Government regulations will put to rest the arguments of most skeptics that cryptocurrency is a scam.

Not all governement can do that because they believed that it is a threat to sovereignty, control of the domestic money supply, borrowing, inflation, foreign exchange or fiduciary institutions. they need enough time to study well and research for better understanding and what is the role of bitcoin in the future.

Well if people has a good proposal to the government and every details is summarize and data are sum up, government will considered it discussing on the court but the process of approval may take time since hay have also other issues to solve.

If a group of people who are involved with the crypto domain are serious about legalizing crypto in their Country, many ways exist. One would be passing a petition to the Courts, which is addressed to the Law makers, like Congress and the Senate. This petition would indicate several reasons that ascertain the benefits that not only a single person could gain from it but also the Government and the nation as a whole, and one of which is tax. It could contain the depth explanation of how it could influence some of the red statistics in a particular country, taking and bringing this numbers into the green zone of statistics, for example employment rates, poverty, technological literacy and many more. If the Governments and units involved with the legalization fail to see the reasons, and benefits, then perhaps most of the posts for this topic are true, about politicians and governments.

Although many negotiations have been made with some governments by bitcoin developers in their respective countries the bitcoin cannot be legalized because if bitcoin is legalized then bitcoin will no longer be decentralized so bitcoin will be controlled by the countries that legalize it. Bitcoin cannot also be used as currency because bitcoin is a digital asset instead of a currency. I am more comfortable with bitcoin conditions like this because I can be free of taxes applied by the government.

Community and bitcoin developers in my country have made several negotiations with the government but still, have not produced anything or a favorable solution for bitcoin users in my country. The government still prohibits its people to make various transactions using bitcoin because the transaction is not recognized by the government. But, until now the bitcoin users in my country are still comfortable with the ban so they are free from the tax payments from the transaction they do with bitcoin including me personally really enjoy this condition.

I think it will take many studies in order to make bitcoin be legal because bitcoin has many things that government need to consider, it has no security and there is no registration to the government so its still not safe to the government to take also it can be use in illegal activity how can the government do that they"re the one who make the terrorist or drug lords easy transaction, but if bitcoin will pass the requirements need by the country then maybe they will consider it.

Hi,

I love this topic!

How do you "convince" a government exactly? If you have a way to make your voice be heard by responsibles, I am ready to learn about it! Otherwise... well, you are just one citizen amongst thousands... And you will not be heard.

Then, some governments are pretending that the problem wit bitcoin is about taxes. And volatility. But this is not a real problem. Taxation concerns what you earn and the  money that fall into your account. So actually, bitcoin can be submitted to taxation, if you turn your earning to dollars/euros/etc and put on your account.

The problem for governments is that bitcoin represents a threat. It is a currency they can no longer control or manipulate. Due to the blockchain, transparency is made true. Just because anyone willing to spend time on that can track any operation that has ever occurred. They are not ready for that!

I think it is very difficult for the government to make bitcoin legal tender for its own sake. First, bitcoin cannot be controlled by its own government. If bitcoin is accepted, it will affect its economic development and harm the government's interests.

As of now, bitcoin is a legal currency since it can be exchange to any currency and can be use to buy and any physical substances or food. I think bitcoin is already recognize as a currency. In this way government can already impose taxes on what you bought using bitcoin and maybe they can impose taxes on what you have on your cryptocurrency wallet on a yearly basis like you savings account, time deposit account or investments. That all what I think it will happen if the bitcoin will be regulated by the government.

now it's quietly introducing the crypto market into our full-fledged life! More and more countries are beginning to understand the benefits of the crypto market and bitcoin! on the G20 summit a lot of interesting measures will be taken to regulate and implement bitcoin in every country!

I think the situation will become more understandable after samity

It's very easy to say but it's not that easy to convince any government that only look at Bitcoin and other cryptocurrency on its bad side and not the technology or good things that it can improve. We have to accept that there are countries that are closed for any negotiation about legalizing cryptocurrency because it is a threat to them. Voluntary paying taxes? I don't think it will work, Lets say people that are investing/trading in Bitcoin/cryptocurrencies agreed to pay their taxes from their earnings, will all people be honest on how much they really earn? I don't think so because it is easy to deny how much Bitcoin you have earned and don't expect people to be honest especially when it comes to money.

I think our governments are not worrying about how to collect tax from users but they are worrying about this currency is more used in illegal activities, funding to terrorism and money laundering. So if you give any explanation they will not convince and they will not make cryptocurrency legal until they get a solution for there problems.

It is not as simple as that . A lot of politics is also related to this process and according to the government it is against their protocol to ditch their own fiat .
They would obviously try their best that their fiat does not get affected at any cost and moreover acknowledging people about the usage of bitcoin will also be a big thing to achieve in that scenario.

Do you think the government listens to people? Lol! Where have you seen a country where people are happy with the actions of the government? In order to achieve the legalization of cryptocurrencies, people must unite and demand that the government fulfill its requirements. Governments understand only the language of ultimatums. But the bitcoin community is very divided in order to be able to claim anything.

Welcoming the bitcoin community is very important because the government holds all authority if it has reached a harmonious agreement that will be the foundation for bitcoin in the future if the legal bitcoin in a country will become the most popular crypto then never shy. to discuss because of a discussion about the right solution to any problem

Some government will willy accept but other will not want to accept it as a business model in their country because most of them believe it is and illegal way of making money 

This will be really very good if the people from the G20 group start talking about the crypto currency and not banning it. Because the news of G-20 and its agendas are discussed world wide and this will curb the notion of the people who think that bitcoin is nothing but a fraud or a Ponzi scheme, so at least this stigma from the bitcoin will be over with many new potential buyers of the bitcoin in the market.

Bitcoin has already been accepted in many countries and the cryptocurrency production has even been taxed. Of course, traders have been taxed too. The only thing not known is how they will find these people.

To negotiate with govern
ment is the ultimate move to become bitcoin run very well in the market.Many can invest bitcoin if it is become legal in different country.

Government will not make it a legal currency but it will remain running because many people are already into this cryptocurrency thing and the government can't do anything to stop and some other countries already developed and advertising cryptocurrency.

It's not about technical point of view but the agenda of the government is not positive towards anything that takes away power from them and distributes to the users. As we all know that, Bitcoin is based on blockchain technology which relies on the principle of decentralization, it takes away power from the government and distributes it to the users. This process not only eliminates the excessive cost and time but also the need of the third parties like banks and government to do the things for us.

Well, we will have to go back why Bitcoin was created. The concept of decentralization would be invalidated if we tax Bitcoin. It would contradict the very core of Bitcoin which is to be away from taxes and government policies.

Depending on the country. Only few countries listens to its people. It doesn't matter how many people agrees to it, what matters is if that thing will be beneficial in the economy. Even if people agrees to tax Bitcoin, will the government agrees to it? There are some reason why the government won't, it has been discuss countless times. Maybe in the near future when Bitcoin has proven itself enough, we won't need the people to make the government accept Bitcoin.

I agree on putting taxes for the bitcoin users because it can helps the economy but the government don't know how to implement it although there's a lot of regulations they planning but there are also some irregularities of it.

I think there will be no problem of negotiations with the government's if the tax given by the investors.it will be the result government of the other countries thinksuch legaliced where the cryptocurrency is banned. It is  safe for both government & investors.

Well do that if you wanted. Government might follow that. Government only cares if people paying taxes. So it might be a good idea if we do that. Government will never prohibit us from bitcoin.

the government not only because they do not get taxes so it does not legalize bitcoin but because the government can not control the bitcoin then the anonymous bitcoin makes the government afraid

Only greedy people here are afraid of paying taxes,but for me from the start im open of paying taxes because thats part of earning and every one of us obligation from the governments

I hope this will be possible as sooner so we wont experience this kind of burdens from the policy and the regulation countries putting towards our community

this tax problem becomes the root of the bitcoin free circulation. because the government can not control it, then the government can not yet legalize it. this will continue to be reviewed for future technological developments, and this is inevitable.

if indeed the government will provide policies to legalize bitcoin I think this is a pretty good thing and although there will be a system of taxation applied by the government I think it will increase the country's foreign exchange so as to increase economic growth of a country. but to realize this I think it will not be easy because not all walks of life can directly accept the existence of Bitcoin.

Yeah, tax is really a problem because that will decide the income of a goverment and Bitcoin definitely doesn't support it, so that's why goverment never likes Bitcoin in anyway not like gambling.

for now there is no clear rules to regulate taxes from bitcoin. the issue that continues to be studied by the state that legalizes bitcoin, if all countries legalize bitcoin I think its consideration not only taxes, including money laundering is a crime that is very likely to happen if this technology is legislated in other countries.

Very well said. It's indeed a good idea but its not that easy to solve that problem. There's always a hole in that part. I think its much better not to negotiate with government and just use bitcoin. Let's just wait until the government will do their part to negotiate us because they admit that they've lost.

Well, in my opinion maybe its a long way to go. But if it will happen, the tax that come from bitcoin would be for the benefits of our countrymen then its a good idea.

One major problem is skepticism and lack of clarity even within the financial bodies of some countries with regard to cryptocurrency. It is quite normal that the government thinks of running the country from a system that it establishes. Hence, most countries will have a favorable view of a centralized system.

Cryptocurrency being part of a decentralized system ensures that nobody has a say or control on its function. It is simply the people, community and the market. With people moving more and more into the crypto fold many countries do feel that this may weaken their economy or much worse destabilize it. Further, crypto needs to be continuously studied and it is very new relative to the fiat currencies. Adopting this new thought is not easy especially as part of the massive exercise of running a country economically.

There is no need for any negotiations. We as a community should simply promote the positive aspects of crypto. When we take our own position, we are far better off compared to what we were some three or four years ago. We are concerned with security, transaction fees, transaction time etc., and have continually come up with solutions for the concerns in these aspects.

However, with constant effort I am sure we will be up with a system that will not allow the misuse of cryptocurrencies for illegal activities. A proper regularization of the cryptocurrencies in the respective countries based on the needs and situation in that country will improve the scenario for cryptocurrency soon.

Taxation is a problem. The income you earn with cryptocurrency many times cannot be estimated to a correct value since the market is highly volatile. But what can be tried is that your income through crypto on a particular day be calculated depending on the value of the crypto on that particular day.

Based on this your net income in one year can be assessed and you could be placed into one of the tax brackets that the state pre-decides. This will surely be beneficial for the state and will also help people make a free use of cryptocurrencies.

By negotiating, there will be some alternative ways to solve a common interest problem. Different opinions from others (government) may be better than our own opinion. Therefore it's very important that we hold discussions with the government. I personally strongly agree if the government put on taxes because it is indeed a necessity for individuals as good citizens.


I think not necessarily the government will legalize so alone because everything must pass through several stages of the study so that the decision taken can benefit all parties.

A colossal piece of individuals don't comprehend the reason and how the digital currency functions. It requires a long investment for individuals to acknowledge the digital currency, and if this happens, at that point it won't be important to convince the administration!

If people started doing petition and gathering signatures for everyone, create a proposal and submit it to official concerns, and do follow up, then I thinks some changes and suggestion front he government might come!

Cryptocurrencies and other presented alt coins (such as but not limited to bitcoin – ethereum, litecoin etc) are built to provide transactions with no third party – as an obligation. Third party transaction sometimes asked large amount of commission   `s scheme which if used in other matters would give material sum. Recently, governments and other centralized organizations – hackers, programmers and other experts of these institutions, are trying to devour cryptocurrencies by launching different attacks (discouragement to investors, panic to traders, hacking and etc). They also ban and block ads about bitcoin too. So, if the negotiations among these parties exist, it would be a disadvantage to the government. Thus, government wants the control; however, crytos are built to support decentralization which would be difficult to maneuver.

A wide range of people does not immediately misinterpret a goal and how a crypto currency can live. In high time people will accept a crypto currency in the country, and whether this happens, it is not necessary to encourage and explain the government!

We don't need to "convince" governments to accept bitcoin, bitcoin is truly irremovable, they'll be forced by themselves to accept it everywhere.

It's a smart thought, yet I believe it is anything but a simple issue that must be done effectively, a great many people in a nation would not concur if bitcoin is utilized as a honest to goodness cash, certain individuals who partake in the transactions must be 89% of it won't.

It is sure that the administration of the arranging nation won't do it.

In my country government are in the process of embracing Bitcoin reason why i said this is because central bank already issued, they accept two crypto exchange that was develop in our Country. They also mentioned that Bitcoin is not a scammed and they advise that invest on your own risk.

That's a good idea to have negotiation in government but I think it's not easy to be done effectively.In this step we are opening a new door of bitcoin to be accepted  and being legalized in our respective country.

I thinks at first government and the cryptocurrency adjust the situation,when the bitcoin become a legallize to operate and then,cryptocurrency will comply to pay with a tax and after this maybe in the future if the bitcoin in the future would maintain all there factors and stability maybe theres a law would created to become a legal currency just like a fiat money.

In the event that a gathering of individuals who are included with the crypto area are not kidding about legitimizing crypto in their Country, numerous ways exist. One would pass an appeal to the Courts, which is routed to the Law producers, similar to Congress and the Senate. This request of would show a few reasons that find out the advantages that not just a solitary individual could pick up from it yet in addition the Government and the country all in all, and one of which is impose. It could contain the profundity clarification of how it could impact a portion of the red insights in a specific nation, taking and carrying this numbers into the green zone of measurements, for instance business rates, neediness, innovative proficiency and some more. On the off chance that the Governments and units required with the legitimization neglect to see the reasons, and advantages, at that point maybe the greater part of the posts for this subject are valid, about legislators and governments.

We can't quite to predict it's all on the government's side. However, we can know for sure governments will heavily tax it. Bitcoin is beyond governments control because of that I'm pretty sure it's against any governments since they don't like anything beyond their 'control'.

This may seem difficult, but convincing governments to make bauxite into a legitimate currency will have a lot of problems in the crypto market. I think people like the anonymity of bitcoin, but when it is recognized by the state, the anonymity no longer exists, the distribution, the effect of the state on the bitcoin, but certainly the bitcoin becomes safe. , more stable.

It's a good idea, but I think it's not an easy problem that can only be done easily, Though itis not totaly legal in some part of the world, the community already accepted bitcoin as a currency which is secondary to fiat money, That all what I think it will happen if the bitcoin will be regulated by the government.

we must set an example to the state, how to use bitcoin and explain all the benefits if bitcoin is legalized so that the government can gain knowledge about the benefits and disadvantages of bitcoin. so the government can take policy for the future of the economy.

No, Government is selfish

That might make government legalize bitcoin, one thing we have to note is that always governments will like to exhibit their supremacy on everything that is found within it territory which is not likely to happen due to the technology backing the system.

Definitely I agree with you that we should convince government to make Bitcoin as a legal currency. Bitcoin expert should show their regulations on how to use bitcoin. And show the government that it can't be use into illegal transaction. In that way maybe government can understand how good is bitcoin to be use.

Government will not make it a legal currency but it will remain running because many people are already into this cryptocurrency thing

In our country there is no announcement or proclamation that bitcoin is banned here even being legal or a proper currency. I guess bitcoin would not be illegalize as much as it does not affect bad on the country's economic aspects, in fact bitcoin helped our country to economy rise as many of my countrymen invested on bitcoin and gained profit from it from the last year blast.

permit on condition and request permission of public use in the community using crypto. the problem is, who will be in charge when the currency crypto colabs. if there a party responsible if cryptocurrency colabs or accountable in every funds transactions, maybe at this time many countries will accept and allow it.

Do you really think that the government is going to negotiate with us for a currency that it is decentralized and on which they have no control over. Also if they wanted to tax the crypto transactions than they would have already done so. They would have banned Bitcoin by now if it had been a centralized currency.

Not in every country people can influence the government. I could even say almost nowhere. The task of any government is maximal centralization and regulation

Definitely I agree with you that we should convince government to make Bitcoin as a legal currency. Bitcoin expert should show their regulations on how to use bitcoin. And show the government that it can't be use into illegal transaction. In that way maybe government can understand how good is bitcoin to be use.

This is a very long procedure when governments will legalise bitcoin and it will get centralised globally and obviously we have to convince every person and most importantly the governments of every nation to legalise it.
And if governments will legalise it they will obviously keep eye over all crypto activities and then they will impose tax over all crypto transactions so all we can do to negotiate with government is that they will not impose such a huge amount over crypto transactions.

Legalising Bitcoin is surely a long procedure. Besides many Government isn't banning Bitcoin just for taxes. Their securities might be an issue. Providing security to an untraceable currency is what worrying the govt. I guess.

The possibilities of using it for money laundering are really affecting the deciding factor coming from the government, its not always about taxation but because bitcoin was once being tag to illegal activity and the issue of being anonymous not unless people also provide their identity using the KYC and allow the government to have the  copy of their transactions in the daily manners then maybe government will legalized it.

A lot of people are looking to implement this plan. But the government will certainly not agree to legalization Bitcoin at this time. unless Bitcoin prices become more stable

I don't think government not really know bitcoin, obviously they know for sure what bitcoin is that's why they banned it or make some regulations against it. I believe main reason country who banned bitcoin because bitcoin against their rules or maybe because religion or maybe they will get many disadvantage when they make bitcoin legal.

With the popularity of the blockchain, the government will change its attitude towards BTC!
Try to use BTC to trade with the government, which will make the government slowly realize the advantages of BTC! Slowly open the BTC transaction!

The government will make bitcoin currency legal if the scam rate is greatly reduce or minimal and the government can see the need for adoption of crypto either now or in the near future.Tax on bitcoins and the vendors that accept bitcoins payment will surely affect the decision of the government in legalizing bitcoin.

nope, risk scam will continue to exist, as well as outside of bitcoin investments though fraud in investment will still exist anywhere. I think that will change the rules of government is the pressure of many users. when bitcoin users are getting bigger of course the government will start thinking to legalize

If the government will make bitcoin as a form of legal tender, they will absolutely create a division that will mine those bitcoin. A government owned currency should have backed by several coins in order to balance the circulation just like what they are doing in the fiat. But I think that is the main problem why government coundn't recognize bitcoin as a form of legal tender. because they have no control over it, the inflation could happened in that case. Or the hyper price of each coin could be attained which will make new people getting hard to grasp in the crypto world.

I think if ever the people and the government would have a talk about Bitcoin legal status, it would be a great help and a win win solution, If only we are listening and understanding each other's points of view and perspective, then we will be able to come up with a great action plan that will benefit us all, not just some people but all. Let us put aside our differences and talk, listen and truly understand. Bitcoin is a great innovation that can help all of us, but then yes, it will have a great effect on some businesses, plus, it cannot be controlled, that is why there are some people using it for bad activities so if ever we meet, and have some regulations around it, implement it to everyone, then I think we call all maximize the fruits of Bitcoin together.

It is impossible for governments to use bitcoin as legal tender, and even if it compares with the special currency, it will not be possible to replace the legal tender. Because bitcoin is a global circulation, if a government takes bitcoin as a legal currency, the government is likely to lose control of the country's economy, which the government does not want.

preferably equal that, than the regulation ban its humanities exploitation bitcoin. should be utilised laws and determines to bitcoin owner. it inclination further breakthrough country revenue.

Hehhe, I dont know about other countries, but in my country it is not that easy to tell the governments what is your idea for them. It is almost impossible to reach out to the highest guy in our area and most likely he wont listen to you, lol.

And how are you going to give the tax; is it by personal willingness or you sunmitigated your wallets for them to calculate your total income.
I think this is not necessary. It is up to the government to analyse the impact of crypto on their econony and then make their decision to accept it or not.

no, it's not really possible as we should have to make a system or someone who could represent Bitcoin, but the idea behind bitcoin is that it's decentralized and for everyone so it will not longer really be what it was suposed too, the only way would be that the government decide it from their ends

If I give them taxes, I'm sure the government will agree with the use of bitcoin as a medium for transactions. maybe not as the country's currency, but at least bitcoin gets recognition from the government.

its a welcome idea, some countries are on it already. but i dont think most  govenment will wanna accept this considering the high rate of crime perpetrated with this coin. i mean the  "bad people". they use bitcoin for illegal activities.

I think it will be difficult, because the government has set its own rules about the currency, be it a national currency or a digital currency ..!

It is very possible. If the government and bitcoin make a deal and make clear rules about it.

Depending on what country you're talking about, the laws vary on how Bitcoin is either regulated or ignored or banned all together. If we use America as an example it is not considered as a legal currency, rather it is considered an asset that holds value, and which is therefore taxable.   Considering it legal tender is far from happening as when it does it can then compete and be placed and the same value category as the US dollar is.

I think it could happen. provided mutual benefit between both parties. government and BTC. The process is very very not easy to accomplish.
must translate the rules in force in that country. and fully controlled. If the partnership happens, of course good news

I think negotiation is not needed here. Because it is impossible and the government will never accept Bitcoin

I also think that it is not necessary to negotiate with the government if the government prohibits Bitcoin, we can still buy and hold Bitcoin until the government accepts Bitcoin. I believe they will recognize Bitcoin's direct value in the coming months

Making bitcoin legal in any Countries in the world by negotiating with government may be very good but on the other hand bitcoin is a decentralize currency with no government have control over it. If government have no power over it, then how can then monitor the inflow and outflow so that they can place task on it? Paying task may not be possible.

It is not easy to negotiate with the government about accepting bitcoins. Now that the government is still suspicious that Bitcoin will ruin the economy they are building, and they always think that bitcoin is not an asset.

in fact that's where the problem is, the tax will make the government make money and build its country, so I might agree if bitcoin is legalized and may be subject to an asset tax like gold, anyway this is also for the good of the country itself.

The government will allow Bitcoin to be open the BTC transaction if they truly realize that Bitcoin is beneficial to them. But I think Bitcoin will not be allowed to open the BTC transaction because Bitcoin is still very volatile and Bitcoin prices are always manipulated by whales.

Maybe the government is studying the blockchain and the crypto currency. The decision is not that easy and fast since there will be a lot of debates about it. But if they will legalize bitcoin I hope they will not make the tax so high.

only taxing the cryptos wouldn't simply mean that cryptos would become legal. the fact that it is very volatile is one why it cannot be used by everyone. you know that $100 today will be $100 after a week too (not taking inflation in the picture). But 1btc today can be $7.5K today but it might increase or decrease tomorrow. It cannot become a currency for everyday users when it has such huge fluctuations.

It's a good idea because government think bitcoin is not good to their country they expect bitcoin is a cause of losses of their country but they wrong because bitcoin is a source of money and many people are use bitcoin because it's helps us a lot to our financial. Government are banned bitcoin to selected country.

of course this kind of thing has happened in some countries, and of course bitcoin will be more acceptable to the country but there are regulations that handle it. if you want to know more then you should look in other references like google search

Actually, the reason the government forbids Bitcoin as a legal currency is not that there is no income in the tax sector, but the government is really scared if the currency in their country will fall and be replaced by cryptocurrency (Bitcoin). This is what I see, so the tax sector is not the main reason for the government to ban bitcoin as a legal currency.

I don't think that regular mortal people, would be having an opportunity to speak with highest ranks of governmental system those who Rule and creates a law system, in order to convince them that bitcoin is worthy and legal, they will count us as dummies.

Your idea was very good.But i think those two logic are not working to enough convince in country Government.Because BTC is illegal for a lot many reasons(illegal activities) So,if you can agreed to pay tax but then the government will not be willing to legalize it.

It is always depends in the people you are talking, and also depends on how you explain about the bitcoin, not all government are against in bitcoin some of them need to be clarify about bitcoin, it is just need a people who can explain to the government what the value of bitcoin really is .

Cryptocurrencies threaten the national currencies that they have complete control over. Why would they negotiate to regulate a decentralized currency on which they have no control over. The governments all over the world are still not sure of what they can do with the cryptocurrencies or how they can take control over it.

I think it takes a very long time, the government does not want to take risks when using bitcoin as a legitimate payment tool, they are afraid the currency of the country is not used anymore, because using bitcoin is very much more practical when compared with using FIAT.

laughs, you know to well that wen we give tax to government the will legalized it because they are also a beneficial of blockchain so they will try all possible best for every to start using bitcoin for day to day activities.
i think in this it will help to increase the cost of bitcoin in the coinmarketcap.com, since bitcoin has no third party we allow government to control bitcoin.

That would be a problem. Not much of a country's population are supporting or claiming crypto to be that good. Who will fight for this. Right? So, I think negotiating will means nothing.

Many countries are already developing proposals to include work with cryptocurrencies in the legal field (that is, this activity should be regulated in one way or another by the state). I think when it is possible to make it legal currency.

Governments making bitcoin legit will actually make the world a better place, but i don't foresee it happening any time soon since the government  always will like to show supremacy over it medium of exchange which could not be so with bitcoin and also bitcoin not even becoming legit has overshadowed most of our traditional currencies. So guess what the government is thinking of.... Kind of scared :)

I find it hard to believe that convincing a government is not just convincing one person.
Especially when talking about corrupt politicians, they will resist raw bitcoin raw.
because if they accept bitcoin, they will not be able to corrupt.  :D :D

I think that as soon as the governments will see an interest in joining btc than even if you don`t want they would implement in the economy so to convince them we need to show them how can they profit from it.

I think thats a good idea and we all know that the govermment hates bitcoin if the govermment negotiation with bitcoin
We don't have to worry to all bitcoin users.

IF THE GOVERNMENT WILL IMPLEMENT BITCOIN AS A LEGAL CURRENCY IT WILL IMPROVE THE NATION'S STANDARD IN TERMS OF MONEY AND BUSINESSES. IT WILL ALSO SHOW THAT THE ROTATION OF MONEY WILL BE MUCH EASIER, AND ORGANIZE THAN ANY MONEY OCCURRENCES. "BITCOIN FOR THE FUTURE"

It's waste your time to think about negotiation with government because they will never accept bitcoin unless they can control it

I feel governments are interested in making cryptocurrencies legal because that's the only way to control over it. On the other hand, a government needs taxes to keep a country going ;)

I feel that isn't a simple issue, regardless of whether over 60% of subjects in a nation bolster the administration crypto would not issue a strategy on its help (regardless of whether there is an expense on each exchange and salary), on the grounds that to the extent I know (from this discussion) especially the sentiment that the administration needs full control over crypto in the nation, extraordinary if the nation needs to enter and join the crypto space.

also, the assessment approach in each salary in my nation has been forced on each crypto financial specialist (yet crypto is as yet unlawful and not illicit) and obviously there are as yet numerous individuals who are missing to pay charge from crypto. so far this is all I know

maybe making a regulation for bitcoin user in that country is the best way to makes bitcoin is legal in the country, but there are consequences that your bitcoin activity will get watched and your income in bitcoin will taxed by the government, for me this is okay as long bitcoin is not banned in a country

Naive people. Bitcoin is decentralized and is not managed by anyone. Who can speak on behalf of bitcoin in negotiations with the government? Most states believe that bitcoin does not match the signs of currency. Most classify it as a financial asset, others as property (USA) or commodity (India). If people do not pay taxes in case of recognition of bitcoin, say, an asset, then the state with great pleasure will prohibit generally decentralized crypto currency, because as a whole it is not interested in it. States can well manage centralized national types of crypto-currency.

Negotiation with government take time on how to regulate BITCOIN since its decentralized and volatibility, the major problem will be base on how to control cryptocurrency from a network which have many domain that allowing cryptocurrency.

Whether you agree or not to tax cryptocurrency, the government will find a way to tax people who are earning cryptocurrency. The moment you use trading platform, you are already been tax. The trading platform owner don't tell tou but they already add it in their fee. Although it ia not as high as the current tax compared to fiat.

There are lots of conversation and argumentation be made between the cryptocurrency and the government, so it is not easily in our country to adopt in digital money i think we are not ready in a third world..

The pressures today the government has a long time yet before it passed. But in the future, the government will also be able to respond to it especially when the people are already aware of the crypto currency. Bitcoin is definitely a currency official and can be used in all of our transactions. That's because many banks have a lot to do. They may lose their client and may even cause their collapse.

I believe and think, the main reason why some government doesn't want to accept bitcoin is that of its decentralized nature and the idea that no one is in control of it. Every government wants to control bitcoin but bitcoin was not developed to be a centralized digital currency. If bitcoin was centralized, it would have been legal from the first day it was developed.

Your thinking is good and needs to be clarified further because what you say makes it difficult for thinkers about bitcoin.
I'm sure bitcoin will be launched by the government if bitcoin is taxed on bitcoin income and bitcoin is treated like fiat money or other things then the government makes Bitcoin a legal currency.

Cryptocurrency is taking government by a storm. Bitcoin and ICOs specifically. It has got them worried much for example, China banned ICO and crypto exchanges in the nation and South Korea followed the same trend for ICOs there after too while USA is being strict on cryptocurrencies through its regulatory body SEC (Security and Exchange Commission) resulting in Bitfinex (one of the largest crypto exchange) parting from US business.

It's useless because the government doesn't want any negotiation, they only want to kill bitcoin as soon as possible

Government already pay attention on cryptocurrency market. With growing transaction on crypto market, government must be want to collect taxes. I am believe before 3 years government will regulate cryptocurrency market and make regulation about cryptocurrency if used for payment

Government wouldn't make bitcoin its own currency, that wouldn't make any sense. They would most likely make their own form of cryptocurrency.

This is a good idea but if we do this kind of work then this show the weakness of bitcoins. than we need to do one thing only wait for government decision what they do because they can't ban bitcoin because they need to ban first internet so peoples can't access digital currency. if we are ready to give tax on bitcoins than there is no possibility government is thinking same like us because their opinion is different for bitcoin and cryptocurrency.

For the first time I watched as the government of all countries refused to open their doors to the crypto market! now everything is exactly on the turn, very many countries are beginning to legalize the crypto industry in their countries! this is the right step on the part of the government, because this is the future of the whole world economy!

patience is the greatest wealth in a person! we waited a long time! now the market is starting to turn in another direction! in 2018 we will see new price records in the crypto market! bitcoin this year will cost more than 20,000 dollars! the main thing is not to panic and wait!

I think the government will study or maybe they are studying that today. I know they already heared about the crypto currency and the blockchain. The good and the bad side. So maybe they are studying it carefully.

some governments want to control bitcoin and overall cryptocurrencies, others don't feel the need to. yes they may put up restrictions but not full control. so its possible to negotiate with the government, it also depends on the country.

Actually those countries who accepted bitcoin, they provide or there priority is to put tax on bitcoin. And with these they can earn with bitcoin at the same time is the people or the citizens generating profit with the help of bitcoin. The government or lets say the government who did not like bitcoin only needs to realize what can the bitcoin van offer at the same time the potential the bitcoin has.

Even if the state agrees to accept a tax on storage or transactions with cryptocurrencies, it will not be able to completely cut off the movement of offshore accounts that will simply be, but no one will know where they are from. The government cannot radically change the bitcoin model, it can only adapt.

First of all, almost all government have their some issue about bitcoin. They also afraid of controlling bitcoin. If UN or UB take a step against bitcoin then it can be destroyed. Another fact may be for competition. If bitcoin faces any security issue or make people scam or just go away with taking peoples real currencies then it can be destroyed by another coin.

I think that was realy good advice but i think the governments will just start to accept bitcoins in there country if they saw that this currency wont harm there people and if this currency realy help there people i am sure they will accept that for sure.

There is no need to people to negotiate with the government because if the government saw that this bitcoin realy helps there people o think maybe the governments will come and invites there people to use bitcoins.

All the globe, governments wants to have control over everything in their respective countries. Am sure most governments will subscribe to the use of bitcoin as a legal tender in their country if they are allowed to charge  a  small amount of transaction fees as tax. I don't think the world of crypto with it's decentralized background will support this opinion.

I don't think people need to convince governments about bitcoin. As long as we continue to use bitcoins, governments will have to make the necessary arrangements, and legislation on taxes and other matters is the problem of governments.

for tax issues, it does not matter as long as bitcoin becomes legal. but if bitcoin becomes the national currency I think it is impossible, because it must pass through the policies and anturan that exist in every country .. !!

I don't believe any government because of corruption inside it. Politics most of all want to sell part of your money in their pockets.

If the government will see the benefit of bitcoin to the country, then there is no reason crypto currency will not be legalized. I know sooner or later crypto currency will be legal.

it's not as easy as it sounds. I think many of obtaining the bitcoin seems to be something fantastic and unreal kind. But imagine for a second that you got a salary of $ 100 in bitcoin, and got paid the day it started to fall. We reached the store, and in your wallet there is already$80. How do you like this situation? Therefore, be careful in your desires

it's a good idea, but every state government has a different policy about crypto currency, as in my country bitcoin is not legal, so we still can't use bitcoin for payment, most people in my country only use bitcoin as an investment

Negotiate with the government?  WTF country are you from.  Here we are the government.  We should not have to negotiate anything with them.  They do as the people want or they get tossed out. 

The government also has an important role to play in making Bitcoin more developed in the world because the government holds the rules they will do with Bitcoin later on.

Even if we like government to be out of the picture, we can't still prevent them from getting involved because somehow, we need their cooperation so that people would opt to use cryptocurrency. If they would decide that it would not be good for the people and then ban it, we would be at a disadvantage because we would be having a hard time transacting and be always wary because we might be caught and penalized.


In our country, there is no legal standing of cryptocurrency yet; however, some companies involved in cryptocurrency transactions have been issued licenses and they just issue some guidelines and warnings to people to always be vigilant when it comes to investing so I'm thankful that they are not against it.

maybe it will work, if you suggest government to make a bitcoin is legal in that country, and give them a privileges to see all transaction of the bitcoin holder in that country and obligate all people in that country to pay some income tax for bitcoin, but the second question, how to get all data of bitcoin holder in a country?

I think it would make people be controlled by any leaders. With that, many bitcoin users will complain and will not appreciate this kind of procedure.

However, I believe this regulation of the government will surely become helpful on the society. The taxes that came from bitcoin procedures will help the community about the building of the nation. Thus, the regulation of the government will eliminate cybercrimes in the internet.

Bitcoin considered as one of the representation of innovation in technology. With that, it should be part of the productive and helpful society. :)

It’s hard to convince the government when crypto users are few in the country plus the fact that the volatility of bitcoin is a struggle for many. What i think is possible is to help in peoples’ awareness of bitcoin and crypto to increase the percentage users then later on the country might consider and accept it.

It would not be easy if the government would lose control of the domestic economy. They can think of ways to create their own blockchain-based money for better management

It is difficult to convince the government of something they cannot control on their own. Bitcoins fluctuating price in the market is simething they will not grab even if you put tax into it. We even struggle sharing cryptocurrency to others how much more a government?

actually, it is not difficult to convince the government to make negotiation with the bitcoin. in my country, the cryptocurrency are free to move because the banks and government allowed it. but in exchange, the government and the banks put tax in the bitcoin so as they earned and give benefits from each other. it would be a good idea because these two will make advantage in each

it seems difficult to negotiate with the government, many rules

Its possible if bitcoin is legalized in the country. If it is presented in a manner that will bring benefit to the country and how the country can manage the volatility of bitcoin to their progress. The question is who will do that? Who are the key persons from butcoin that will bring this to the governments?

No thanks, it's better to not be accepted by countries if their going to harass us with overrated and over exaggerated regulations and tax. Bitcoin is fine the way it is there is no need for governments because in the end the people will use it and accept it as payment for commerce and e-commerce.

I think so, but in the distant future.Governments will understand the benefits of using bitcoin and allow its legitimate use, this will be a winning strategy for everyone.

consulting with the legislature is to demonstrate its shortcoming. We have distinctive objectives. Such arrangements have no prospects. I figure we should utilize bitcoin and not focus on the supposition of governments. Just when governments concede they've lost will they make concessions.

I know it will not that easy to convince government to accept crypto currency in the country.But still it is a very good move to try negotiating government into legalization on cryptocurrencies.

 I think it is a yes. What government aims is to regulate whatever it is that affects its nation's welfare and being. I guess it is okay if it can be access by the government though I hope they will not use it for their own good. What bitcoin should do as of now is to make sure to continuously stabilize and grow. Also, it must avoid issues that can affect its name. Aiming to be accepted by the government and every country worldwide is what I also look forward for bitcoin.

I believe that part of the income from cryptocurrencies already pay taxes, because when you move to a conventional bank account, you see a new income. On the other hand I think that the issue of acceptance is going well, the more people use cryptocurrencies, the pressure will be enormous.

I think for my country, bitcoin is impossible to become a legal currency because the laws in my country oblige to use domestic currency in daily life.

I think that's a good idea in other country but on our country maybe it's a good because in our country corruption is the number one main problem in our government, maybe when bitcoin is over control with our government there will be a corruption too in the tax that will be given, base on what am I seeing nowadays tax is their reason why they have to put the prices of our daily needs, so when bitcoin have a tax in our country there will be no fair for those people who is using bitcoin and investors.

We should set a case to the state, how to utilize bitcoin and clarify every one of the advantages if bitcoin is authorized with the goal that the legislature can pick up learning about the advantages and inconveniences of bitcoin. So the administration can take approach for the fate of the economy.

Its not the matter of tax alone but a lot of other things.
One thing i can think of right now is that if a lot of people can get rich out of bitcoin, no one is going to work and the nation will lack workforce which will then influence the economy and everything else that depend on it.

in my opinion it's not as easy as you think, there are many factors that cause the government to ban bitcoin, one of which is because bitcoin can be used as a tool for crimes such as money laundering and many other factors, but does not close the possibility that bitcoin in the future will be legalized in all a country with a flourishing technology world in the future.

While it is a good suggestion but if we look at the big picture so we can say that people can not force governments to make things but like if the government is fore sighting the world then they can make some policies which is in the favor of bitcoin like if the government allow crypto freely in the country so the price and usage will also rise.

i think that government have an idea about what is this currency , so the specific point is they dont absorb on what they can actually can ever be made to do for this currency whyy cause they think that it was threaten and also for the way on how the soem banks think of bitcoin too.

The government are just being careful for the possible consequences if they are going to accept this cryptocurrency and i think, because of those things it makes them afraid or scared about this cryptocurrency because they are thinking that it can end up the centralization in certain country so they are still hesitating to accept it.

I have read tons of comments about this topic, and they have their own opinions and of course there are pros and cons. well, however the government's decision to legalize bitcoin will certainly bring change to crypto and I cannot speculate whether it is good or bad development, just follow the path and enjoy crypto on my own way.

arrange negotiations
and making negotiations good news and yet if our Government never really negotiates with citizens. The state even wants to ban bitcoin and imprison its users, but they are not aware of the decision and will cause non-compliance

One thing that I am very sure is that if the government legalizes bitcoin and most types of cryptocurrencies, they will surely place a tax on it. In my opinion, I think this is not good because most people in the world of crypto will suddenly lose interest because of the significant decrease of their profits.

I think negotiations with the government will be very difficult to find a meeting point because the current condition of bitcoin prices is still not stable so that it will be very sulti to get legality.

I don't know what will other government do but I'm quite sure that the government of my country will definitely do that if all the or most of the people want it.

Just take ETF on SEC on this matter, those people are pushing hard ETF yet SEC is just denying their application for the second time as they see bitcoin unfit and unjust.

So what you're proposing isn't a joke and this is a serious matter that need a lot of talking. And besides, we can still use bitcoin as a payment even it isn't a legal currency and as long as we use it the way it should be it will be fine, anyway. In fact, this whole ETF thing is just a show up so whales can easily manipulate the price.

as the governments and central banks kinda hate Bitcoin, I dont think it will be easy.

government recognizing BTC as a currency might devalue the prevailing currency in that economy

The government can only legally regulate the way Bitcoin operates in the marketplace. The government can't make Bitcoin a currency, which goes against the rules of the cryptocurrency market.

Bitcoin prices have risen over time and reached a certain level. Gradually, the bitcoin price will stabilize, become a measure of value, and finally the currency. However, this process can take 5 to 10 years.

In some countries they have already done it, but many other countries still do not want to recognize bitcoin, even if people will pay taxes if they use bitcoins, so there are no problems in taxes, for governments problem is that all bitcoin transactions are anonymous and  that`s why it does not allow to make it legalized throughout the world.

If all government accepts Bitcoin as a legitimate currency, Bitcoin will overtake the US dollar's dominance in the world financial sector, and become the main global currency in its payments.

Let us consider your points.
Mainly, if we would be taxed on our bitcoin investment then most probably the government find ways on them to make their regulations and made it as a legal currency. In contrast, many investors would have to make a secure standing and viewpoint for bitcoin and other cryptos. But, it is hard and very difficult to realize, given the situation and assumption to convince people out of investing in it. The very reason for this is the nature itself; since bitcoin is a decentralized currency then it no one could possibly control it. It is also hard to monitor and if the government would want to regulate its transaction and flow in the market - then "good luck" to the government.

The government provides specific regulations on Bitcoin, the Bitcoin income tax is applicable. I believe that in a short time Bitcoin will become a legal currency

I think if all countries accept Bitcoin, then Bitcoin can only be considered as a high-value asset. Governments will not accept a new kind of currency with no value in kind.

It will be a good and also an effective idea but first of all we have to identify why our government still make it illegal and after knowing the reason negotiation can occur.

I personally think terms that the goverment serves are never negotiable. They will protect their own benefit in the first place and not mind what people really want.

I don't think that it will work because cryptocurrency under government is such a hard thing, theres many things that we should follow, maybe it more secure but many things could happen. Theres a taxes you need to pay,you have to follow a deep transaction. So we expect that bitcoin under government will make more miserable.

Its hard to convince them governments are for the people and by the people but they hardly care much about our view. In my country exchanges are put to stop transacting with banks but there have been some appeals which are pending for the approval of crypto and to regulate them. But i am not very much hopeful of positive response anytime soon.

Maybe it could happen but for my opinion if they want to legalize bitcoin goverment will put on a tax on it. It will go to like a paper currency in any transaction goverment include tax of any product or services. If goverment is strict to thier employee i think taxes will go in a good way.

Bitcoin is seen as a serious competitor to the fiat money and the future of fiat money is not bright due to economic problems around the world. Crypto is also a good alternative for governments in the future.

maybe, sometimes if we want something then we have to give something, maybe it applies to BTC, if we want the legality of the government then we have to give rewards such as taxes, even though we feel it is too much, the government has earned income from various fields if it is possible to bid even if the government gives its legality, I hope the government does not collect taxes that will burden us. After all, if btc is legalized, the government will not lose anything, instead it will benefit because the economy of the people will increase automatically. The purchasing power of the people will increase. the national economy will be achieved, if it is like that I think the government will also benefit

maybe it's very difficult if only someone because we know the government might see a lot of negative side rather than the positive side because the government only sees from individual and group benefits

I don't think that needs to be done because I believe that even though bitcoin has not been legalized as a legal currency in the country, still bitcoin can be converted to local currency through banks, this is my experience as a country that has not legalized this crypto currency

We don't need to negotiate with government.  It shows the sad state of our being as humans when we wish to ask for permission to do what we please.  The fact that you think we have to ask government is very telling and sad. 

It seems like that person is not a person, there is one person in my country who started to spark bitcoin legal in my country. he is one of the CEO exchanges in my country. and it seems that nowadays bitcoin is starting to become the subject of government discussion to see further the development of bitcoin. Surely this is one door to get legality going forward.

it depends on the government if they want to legalize the btc as a currency in their country. we all know that btc is banned in other country especially in china because btc has a great impact to their government and to avoid the fraudulent act in their nation.

This is not an easy task to achieve. Negotiation with the government is not something that happens everyday. Let's even consider that there is a possibility. The next question to ask is; who will lead the negotiations? A very large percentage of the population in most countries has not even heard anything about cryptocurrencies. Among the informed few, many are not interested in the market. Then even those who are engaged in this investment, many still prefer to remain anonymous. So, apparently having productive negotiations with the government is not gonna come easy. Most of the change can come within the government. Or so I presume.

Let the government see the benefits that the country is hoping for. I think that negotiations are more successful.

it is better not to be accepted by countries if they will harass us with excessive and excessive regulations and taxes. Bitcoin is fine as it is not necessary for the government because eventually people will use it and accept it as payment for trading.

Good idea, this will give bitcoin holders the freedom to spend freely in their own country, and this will make bitcoin increasingly become known by the global community and maybe there will be no negative news about the crypto currency, because the government has also benefited from the tax of bitcoin holders

lol one post is very absurd
I think what kind of person can convince a country to be able to obey so that bitcoin becomes a legal currency in that country.
Wrong understanding, look at America, you might be able to read the history so you understand better.

I think that negotiations with the government are no longer so good at the moment because I'm sure the government will be very difficult to give permission for the circulation of bitcoin, but I believe bitcoin in the future can be one of the most used payment methods.

Many countries have already started to tax cryptocurrencies, but I don't think most countries will agree to the legality of coins!

Most countries have not been approved bitcoin therefore they cannot receive  tax from them because according to the policy of the country they have  not legalized  bitcoin as a means of exchange for good and services

We all know that bitcoin is a decentralised crypto currency and thus there is no such proper authentic regulating body over the bitcoin who could keep eye over all the bitcoin activities and thus there is improper high bitcoin transactions fee and moreover there is also increasing illegal use of bitcoin so in order to stop this illegal use, the global centralisation of bitcoin is very much necessary, no doubt governments will impose high taxes over the bitcoin for its transactions, for this negotiation with government can be done but its centralisation is very much necessary.

There are several concerns involved with regard to the governments trying to understand, acknowledge, regulate, etc Bitcoin and cryptocurrency in general. Tax is one important concern which the government is looking into. Different countries have different ways of taxing Bitcoin. However, it is not just the tax concern that is being taken into consideration. There are several others such as the security, safety, effect/s to the currency financial and economic system, etc. So I guess convincing the government is a hard thing to do. Even agreeing on taxes could not mean everything.

The negotiation with the government will provide better solutions to the problems we are facing, for example we can negotiate with the government to support a number of policies to promote the market. growth

How can they possible put some taxes on a thing that is so volatile? What if Bitcoin may lose it's value and governments would still issue them taxes?

It feels very difficult to convince the government, to make bitcoin a global currency. For some reason, maybe because the government of most countries feels that they cannot fully control bitcoin. Or maybe because there are other reasons, I don't know

It is not so easy to deal with government as long as government itself start understanding the advantages of bit coin or the majority of the country support it.

can bitcoin negotiate with the government to lower the price of 1BTC at a low price or 1 ETH with a very low amount it must think too long to start with certainty so we as humans do not expect too much.

Negotiations with many countries are certainly important and must be done, in my opinion bitcoin is worthy of being a legal commodity like the others so negotiation is needed to make bitcoin legal.

The government will still come to this, but it will be a very long way since bitcoin is not very stable so far.

Indian Government will not make bitcoin as legal currency because it's not under control of Indian government but it is also good that government anmoince bitcoin trading legal and charge tax as capital gain.

That's right, even though negotiation is not an easy thing but it needs to be done, because there are still a lot of polemics about bitcoin, there are parties that support and some are against it, so if all parties can support it it will definitely be something extraordinary

If people can convince the governments to accept bitcoin as a legal currency, the bitcoin market will fast develop all around the world. There are more and more companies, restaurants which will allow their customers to pay bills by Bitcoin, a fast and convenient way. Even, this information can make the price of Bitcoin is higher,

Once Bitcoin is a legal currency in many governments, this nation will make more income from taxes of Bitcoin. The value of Bitcoin is extremely high so the tax is also high. Moreover, Bitcoin will become popular sooner all around the world. However, to convince the governments to make legal currency is quite difficult and wasting time.

I think negotiating with the government will be difficult. But we have to use bitcoin and not pay attention to the government. one day the government will recognize itself

The only thing we can negotiate with government is regulation for crypto or we can say taxes on crypto. I think if we do it than there will be positive impact on crypto price because new people join in and will start trading.

It would be wonderful if the people and governments of the world could get together regarding Bitcoin and its roll.  Without being able to inflate Bitcoin I'm not sure what nations would be able to survive.  Could you imagine not being able to print money.  People would starve. 

to convince the government about the benefits of the crypto currency, it is not easy and takes a long time, but as long as the government also benefits from the bitcoin holders who conduct business transactions, I think the government will immediately approve if bitcoin becomes legal

if you can't print money. then each country must have such a high impact, for example that poverty will become increasingly rampant

this is a good idea or initiative, but it will be very difficult to do, I think it will take several years, for each country to regulate and legalize bitcoin in their country, but if it is truly realized this is a very good thing.

We don't need to negotiate with the government because they also have experts who are thinking about how to regulate cryptocurancy, because they already realize the importance of digital currency and the increasingly large crypto community, the government will come and realize how good cryptocurrency is. in the future they will definitely make bitcoin a legitimate transaction tool, but the process of going to it will take a long time.

Once regulations are in place governments and the market, in general, will accept AML BitCoin for every transaction. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.

almost all governments have some problems about bitcoin. They are also afraid of controlling bitcoin, another fact might be for competition. If bitcoin faces any security problems or makes people scam or just goes by taking real currency it can be destroyed with other coins.

As soon as bitcoin come under regulation under government, governments will accept it and make it legal world wide but I don't think without this they will going to accept it.

who knows what might happen, freely offering tax is catchy and i think it can be considered with that but what about other things. will it be accounted for. i think they are mostly concerened about regulation because tax comes with it.

I was about to call the same problem and first searched the thread to see if anyone else has noted it, then I sow your post but I don't agree with all your points. Illegal use isn't something that's done only in blockchains, if nothing else it's easier to find out here because of the transparency... at least in theory.

First of all, yes BTC is decentralised which makes it almost impossible for one person or one team to come in any kind of negotiation with a government. However a government could potentially PROPOSE something, a rule or a change to the BTC network, then this could be voted by the community to decide if they accept it (and possibly result in a two hardforks :D).
Ethereum has a body of representatives though, in their case someone like Patrick Storchenegger (more about him here: https://www.ethereum.org/foundation) would be able to take a first step into making ETH more widely accepted.

Some benefits of promoting BTC to governments would be more news like this: https://coinjournal.net/florida-county-tax-collector-becomes-first-government-agency-to-accept-bitcoin/
In Florida's case, it was up to one person's authority (or at least he proposed it and it probably got accepted) but in most countries things are not as easy as "person A wants X to be done, X is done the next day".

PS: I don't know if Florida is indeed accepting BTC for tax payment right now, not yet or if they may never accepted it after all.

It is good if that happen but I think not all people will allow that to happen specially those who are in areas with no electricity, no internet connection and also for those who are against on bitcoin.

Making legal is not a big thing but what government wanted is to control bitcoin and its transaction which is impossible. But if they consider bitcoin like other equity market and impose tax according to it then they can earn huge tax which will be benefited by the government in the development of the country.

It will be a good boost for the entire crypto market if the governments give in to the petitions of Bitcoins. I don't think the exact problem is coming from tax isuses, terrorism funding or money laundering activities. The truth is, the governments do not support the decentralization because it takes them out of the financial transaction process. The governments are scared to lose this kind of power to the people.

Yes I'm also hoping that in the future it will become regulated on which everyone can be know and use it easily in their daily lives. I also think before it will become regulated it will required a lot of discussion so that the people who will use it will become satisfied and aware from the possible risk that they maybe experienced on which can help them to improve their ideas that could help them to earn a huge profit in the future.

Bitcoin transactions are peer to peer, so the government must legalize to get taxes. Although prohibited, transactions continue but are illegal and the government does not get taxes. Regarding the negative side of bitcoin transactions, the government must monitor to minimize the impact.

Negotiate with governmen?? What for?? No technology/invention has ever negotiated with government to have it work! If there is please someone reply me!! Government would only be shocked when the wave gets uncontrollable! Truth is; regardless of how governments around the world try; innovators will always find new ways to beat government! When people started preaching blockchain; the message they put first was "disrupt" and when you go chanting war songs in a terrain overseen by a much larger force, you are inviting death! The shouts of regulations are necessary to stamp out scams, not because government wants to kill crypto, besides peer-to-peer systems are not easy to shutdown! As the indians how they beat RBI ban and are still carrying out peer to peer transactions without fear! Blockchain regardless of the age of bitcoin, is at infancy! COntrol will surely leave government hands! the boundary  between is time.

There is no negotiation with the government that does not make sense. It is unlikely that the government will agree to speak only with citizens. Recognition of crypto currencies as payment instruments is still due. Those first steps for adoption and regulation will start with them. They may be the first people to negotiate with the government. Then, after bitcoin is getting more popular, other companies will want a portion of it. Then they want to be able to accept it as a form of payment. That's when regulations will become necessary, because they negotiate how transactions will be carried out. If a large company encourages him to become a currency, that will happen.

If we offer tax payments, of course the government wants to legalize it, of I'm sure that. because when someone wants to pay
taxes, they want their data to be exposed by the government and that's what the government really wants?

the government is interested in accounting transactions made by a citizen, and then on their basis the calculation of taxes and other fees. with bitcoin, they lose such accounting and it is not profitable for the government and Central banks of countries.

If bitcoin wants to be made into global money, it is inevitable to make agreements with the governments of countries that refuse. That is, bitcoin must be integrated with government policies, namely the owner of bitcoin must be identified and bitcoin must be taxed. Without these two agreements, it seems impossible that bitcoin can become global money. Because the government is worried that bitcoin is used for criminal acts.

It is possible, but it will need to remove complete anonymity from the owners of bitcoin, and this is contrary to the structure of bitcoin. In order to pay taxes, you need to understand who pays them and to whom. At the moment, this is almost impossible, since bitcoin is actively used in the darknet and anonymity is the main factor why people are willing to tolerate crazy commissions and waiting time for transactions.

The only problem with bitcoin is that it is decentralised crypto currency and this is the reason because there is no such proper authentic regulating body over the bitcoin and thus leading to its illegal use and specifically in selling drugs, explosives, money laundering and most importantly the terrorism and this is the reason why governments of most of the nation are in against of bitcoin and the only thing to solve this problem is to legalise bitcoin and then governments will impose some taxes over transactions of bitcoin but the illegal use of bitcoin could be avoided then.

the government will make Bitcoin legal only when it saw that you can get benefits from it. they do not care what their citizens think, first of all they are interested in making money

This could only be made possible if there is a person in the government who is also a crypto enthusiasts and will take initiative to sponsor bill and laws in support to the use of bitcoin and any form of cryptocurrency.  Another problem is that cryptocurrency users are distributed across the globe and has a small number in population. In order for that dream to come true bitcoin and cryptocurrency will need long years before it can be highly accepted by the government and the masses.

The government will definitely agree but I don't. If that happens, I will just switch back to fiat money and continue investing there. It just defeats the purpose of having bitcoins decentralized because we are circulating bitcoins back to the government and controlling it for them.

In my country there have been a group of people who are fighting for bitcoin to be an alternative to other currencies, but it seems that the government does not agree with the proposal. The government in my country only agrees if bitcoin is only a digital asset.

Governments do not need to introduce Bitcoin into the national appeal, otherwise officials will take bribes, because in the blockchain all transactions are transparent.

negotiation with the government is a very big problem because our rights and authority are only in the government and ordinary people, but at least we are using good methods to advance technology now using bitcoin right

Definitely very true. Governments think that if they accept this, control will go out of their own hands. There is also a danger of extinction in the money they now control. So they won't accept it yet, but they will.

It will be just fine and exactly what we need.Do not be greedy,you need to pay taxes on them there is the whole state.But legalization and state support for all will play only a positive role.This will be a colossal step t a unique opportunity for all mankind to move to a new higher level.

The governments all over the world are still not sure of what they can do with the cryptocurrencies or how they can take control over it.The government in my country only agrees if bitcoin is only a digital asset.

There are million ways governments of countries can allocate tax on the use of bitcoin. All they just need is to make bitcoin a legal digital currency.  Once it becomes legal, the government can charge mining pools some fees with regard to the amount of bitcoin they mining within a month or weeks. They can also allocate some amount of fees to crypto exchange platforms.

It's a good idea because government think bitcoin is not good to their country they expect bitcoin is a cause of losses of their country but they wrong because bitcoin is a source of money and many people are use bitcoin because it's helps us a lot to our financial. Government are banned bitcoin to selected country.

Governments do not know how to deal with bitcoin and cryptos, but surely some kind of regulation will come and it will be welcome. Taxes will be charged as compensation investors will be more protected with the rules to be created.

I agree with this, the government may issue tax regulations to recognize the bitcoin legally. But I think investors will be selfish and they will not agree on tax regulations from the government. as it may affect their profitability.

There are positive and negative side on involving bitcoin in government. Positive side is bitcoin will be legalized and can be use in payment yet the very negative side is bitcoin will have TAX.  :(

I don't think it's that easy because most countries reject bitcoin because bitcoin is anonymous and afraid of being used for criminal acts. such as money laundering or terrorist funding. also the government rejects bitcoin because bitcoin cannot be controlled by them. also most people refuse to become bitcoin as a currency because the fluctuations are very high. so even though the government was persuaded by taxes they would not be interested.

I think it’s only fair to still have taxes. That’s just how the world works, and how government institutions get their income. I think tax policies is a small price to pay to allow for the adoption of bitcoin. Certainly, the benefits of using crypto will outweigh tax deductions.

It depends on what you mean by the words "legal currency". Governments can only allow the circulation of decentralized cryptocurrency in the state, but they themselves will not actively support it. In general, the government is not interested in the circulation of decentralized cryptocurrency. Replacing the national currency with a cryptocurrency, the government will not under any circumstances. This will threaten the normal development of the state’s economy.

My opinion only is It will damage I think the reputation and anonymous characteristics of bitcoin, Bitcoin is created for people for free without any government or big people involved. So asking government for bitcoin legalise can difficult for now i guess.

The government will find it difficult to accept your opinion, the bitcoin turnover that occurs is considered a threat that disrupts the existing economy. And bitcoin was created not to be dependent on government, independent bitcoin and able to provide finance to the community.

I don't think we have to do that. The adoption of bitcoin is enevitable. People are now getting used to pay their bills and shop through online and crypto is the last missing part to complete it. The government can either slow us down or not, the outcome will still be the same.

I think there is no need for this kind of negotiation with the government because whether they like it or not, bitcoin will become one of the most popular currencies in use worldwide in the coming years. With that kind of popularity, the governments will surely make a move on how to accomodate bitcoin in their economy. Governments might resort to imposing regulations on exchanges to monitor the flow of bitcoin transactions after its legalization.

I think we should use bitcoin and not pay attention to the opinion of governments. Only when governments admit they've lost will they make concessions. It may be a long road, but we have to follow it. I also think tax policy is a small price to pay to allow for the adoption of bitcoin. Certainly, the benefits of using crypto will outweigh tax deductions.

I thought so too. Fed, Rothschilds, Masonic affairs on Nibiru ...

 

But there is one serious BUT !: All countries of the world plutocracy indulge in the cue ball, and the whole "non-systemic opposition" is just trying to "drag and not let go."
The United States doesn’t care that they (IN THEM !!!) rival the dollar, and all sorts of Bangladeshi, despite the fact that in words they are trying to abandon the dollar, in every possible way try to strangle the crypt.

I think they can legally do it but the process is too long and it's hard for our government. and many people do not agree with it. people still need to know bitcoin before they can make a currency.

What? Do you want give tax to governments? Many countries accepted BTC as legal.
No! Why must we paid tax? I don't understand your opinion.

and who is the person? how can that be because the government cannot negotiate with just anyone.
crypto officials like communities or bodies that are crypto regulation are needed.
it can and does make sense.

This is probably a good thing for bitcoiners in the country, these governments. I still expect someone to be sure of a successful negotiation between the governments and us, and still waiting for it to happen. :D

Government can help bitcoin go mass adoption if they will totally accept bitcoin as a digital currency but not all country had a positive impression of this technology due to being a decentralize currency. I don't think that paying a tax is a good bargain to them because it's difficult to determine our earnings in a volatile investments. 

That's exactly what governments want to do. It wants to control the proceeds of the trade. A taxation is actually a good option. Both governments and we win.

If negotiated with the government, the government should be given the right to Bitcoin. So this will become the legal currency of Bitcoin. Those who use Bitcoin will get the benefit. Can it ever happen.

If this happens i think it's great and will make Bitcoin grow stronger. This will make the currency we are using will be more reserved Bitcoin. I hope this can happen to the crypto market.

the government is now very difficult to negotiate starting from any problem there will be nothing free in this world especially the issue of bitcoin to enter a country.

something like this seems difficult to happen. what might happen from the government is the regulation of ownership of BTC and other crypto, if replacing a country's currency it seems difficult to materialize.

It would not be easy if the government would lose control of the domestic economy. They can think of ways to create their own blockchain-based money for better management