Bitcoin Forum

It would be silly for central banks to not be accumulating some Bitcoin just in case. They understand how money works..

on a personal note, i do not think governments invest in bitcoins secretly because it's a decentralized peer to peer transaction with no central authority and also it can affect the country's fiscal policy, business and also help to facilitate crime rates.

the central bank is very smart and they realize that crypto is difficult in the weir. they continue to call on the FUD on crypto to banning many countries, but behind this central bank hoard btc and crypto to catch up with our investment.

In reference to the topic, central banks are not controlled by governments. And functions independently.

And yes they do understand how many works, and they are more than welcome to buy as every individual or organization is.
I don't quite understand what you mean by '...just in case'.
Maybe you are implying they are storing up just I'm case cryptocurrency suddenly explodes and becomes globally adopted. So they can have a certain degree of control.
There are already large investors, even individuals with tons of BTC.

Possible.

As you can see in some banking establishments that are rumored and said getting involved in bitcoin that only means that they know how its going to generate them profit. But it doesn't matter if they are secretly investing or not, this is why everyone is free to buy bitcoin and start making his own portfolio an empire.

No chance.

Never government will show interest in Bitcoin, even never government will allow crypto for day to day use.

But still government cannot ban it as some group of people can have rights to use such technology for transactions.

Rather I would like to say that, governments are trying and testing blockchain technology for implementation to offer more transparent and secure business environment to new startup businesses.

I agree that if central banks will not be quiet about the development of bitcoin and crypto, some of them have started adopting blcochain for initial trials, I have heard that many banks have invested their assets in ripple and this is a big improvement

Some countries may be doing it. In fact, we can also evaluate it as a wise investment. If you see the future, it's worth investing.

governments cant do such things secretly.there are financial audits. its only possible for dictatorships, emirates etc.so the answer is if there is a healhty inspect mechanism, its impossible.

What do you mean by government?

I think there is news about how private politicians are investing millions in Bitcoin. If they manage to achieve legalization of cryptocurrency, then their capital will increase significantly

A government is a body of individuals that makes and enforce laws within a particular jurisdiction,when you talk of government purchasing bitcoins do you mean individual members of the cabinet or the body itself putting heads together to secretly buy bitcoins..

The latter obviously doesn't make sense,but definitely individuals are free to purchase as much bitcoins as you want, be you the president or Prime Minister et al,its all down to how much bitcoins you can afford
The Central Bank is a body that handle financial activities within the shores of a particular nation,i do not see the Central Bank of any nation secretly purchasing a well known threat to fiat currencies
 

To know that people, even in power, still has their own right to purchase assets and partake in personal investments as long as there are no conflict of interest happening between their duties and their investments. There are some government officials who are open to such, and have never been discreet about their bitcoin/crypto investments. After all, they are still human beings wanting to expand their assets and wealth by investing properly, and we shouldn't deny them that nor look at them with judging eyes due to their involvement with crypto.

I do not think there is. Bitcoin is decentralized and decentralized, it will be traded without the control of the government. That is why it will be difficult for the government to accept Bitcoin.
However, now it seems that the government will test the blockchain technology. This will make the country grow and not be left behind as technology is playing a very important role in daily life.

I agree with you on this. The blockchain is transparent and can be viewed publicly. It would be a stupid decision to secretly store btc. They can't afford such mistake it will create chaos not only to the business sector but as well to the whole economy.


I guess some are doing it individually but not collectively as a government body. For it is against the laws. I bet there are lots of politicians taking advantage of the volatility of bitcoin.

Everything would happen in this case, we can't know that for sure. But i believe that the goverments and the banks has plans about the bitcoin and cryptocurrency and they never tell their plans to anyone. But also i am sure that it will come out soon because they need to change lots of think before they loose. If don't change, the cryptos will swallow them..

Note: the government and banks actually know that Bitcoin can benefit them when transactions at the bank,
Only in this problem are many considerations between pros and cons, this is the problem with Bitcoin, you know.

I don't think governments will keep any invest in BTC for the moment, as I see in news, US authorities regularly auctions seized ceyto and cash out in fiat.

The obvious problem for big government or institutions is the custody issue regarding Bitcoin.
Who is going to have custody?

We saw how the criminals at the FBI had problems with custody of the Ross Ulbricht bitcoin.

Different government have different agenda with bitcoin. Some of them have an good relationship with bitcoin where as some government ban bitcoin. Country like china, Bangladesh etc ban bitcoin in their country due to multiple reasons according to them the decentralised currency bitcoin affects their country economy by affecting their share market and national bank. According to some government cryptocurrency report, bitcoin help to increase illegal activities in their country by its untraceable money transaction facility.

Governments don't need to concern themselves with acquiring bitcoin. They need to create their own forms of virtual currencies.
I hope that blockchain technology starts giving us people better options to govern ourselves than the systems we currently have in place.
Then we won't have to be so busy concerning ourselves with what governments are doing
and then governments can really start to serve the people.

Different government have different kind if mind setup. Any government choose bitcoin for their country mainly depends upon their country economy. If bitcoin help their country economy they stand with it. In many central African countries bitcoin work as a currency exchange or as bank for money transaction. And in many country it work with their government to solve their unemployment issues. In this way bitcoin show some benefits of it. It also help many country to solve their economy related and help them to improve their country financial condition.

I think this day is not ruled out
Mass adoption will be a fact
Everyone should join the train
 bitcoin before the time runs out.

I dont think central banks investing on bitcoin. They prefer creating their own cryptocurrency. Beside that, as far i know, central banks have a regulation they can not invest in something because conflict interest

it would be silly but i think some of the state are investing bitcoin secretly. bitcoin are open to all the community who want to use and invest.

in a lot of countries the banks are legally not allowed to invest in bitcoin or in some cases they are not even allowed to get involved with bitcoin in any ways. so the answer is simply no because of this. a banks is not some small company to do this hidden. it will come out easily and that would be illegal and have precautions. besides a bank is a service provider, they don't need to accumulate bitcoin to earn money from it. they simply can start offering some services with bitcoin and earn a lot more.

The government were not interested in the bitcoin rather the government were only interestes on how to regulate cryltocurrency for national security.

Cryptocurrency has some issue and that some government had made some decision on banning the sys
tem though some countries has also accepted and theb regulated cryptocurrency. But then I voted for not investigating bitcoin for it is only a digital currency and no harm could do to the government except to those individuals who made an abusive form of its use.

Under normal circumstances, the state cannot undertake such a risky investment without the knowledge of the public. But your question is whether they do this job secretly. I still don't think any state will invest secretly.

The government budget is for all intent and purposes, public knowledge. The only information that are withheld from the public, is the intelligence gathering and secret services budget, but the rest should be pretty transparent. The government might not divulge confidential tender information to the public, but you will know what the budget allocation was for specific activities.

That said, not all governments are transparent and some are very corrupt, so I would not be amazed if some corrupt governments might use Bitcoin as a way to hide state funds.  ::)

At some of the well-known information source, I read an article about the state and bitcoin. It was said that Satoshi does not exist, and the owner of bitcoin is one of the influential States in order to destroy the financial system of other States! And this theory I partially believe it!  ::)

According to my personal opinion, the government won't come to invest in bitcoin and not to do something well being for bitcoin. Bitcoin is decentralized government won't accept it as they unable to control bitcoin and its way of transaction. But some countries already tasted bitcoin for considering their local economy issue. But most of the country still not willing to make relation with bitcoin like India, China, and Indonesia etc. To improve and grow up each country economics and financial sector government should come forward to accept bitcoin.

And what if we assume that banks accumulate Bitcoin in order to be in effect when it will be accepted as a means of payment to create an artificial deficit everywhere?

I don't think they would invest in bitcoin.The officials in government had invested in bitcoin secretly but government no possible.As law in our country does not permit to do so as ban on bitcoin was put up by court here and the investment by government are bound to RBI and Supereme Court.

Central banks are state institutions. It is unlikely that they or even the government will use public funds for other purposes, that is, for the purchase of cryptocurrency, This is, in principle, an abuse that can be a criminal offense.
Privately, the officials of these structures may acquire cryptocurrency for themselves, but I will not believe in gross violations for the possible benefit of the state.

The government is still difficult to accept crypto, so many things must be learned, it is also impossible for the government to use bitcoin the problem can only be used on individuals, not groups or agencies. The developing government is able to overcome this problem without complicating the community and giving people the opportunity to develop more in the field of internet technology.

the central bank cooperates with the government to make regulations that are difficult for cryptocurrency, this aims to take over the circulation of cryptocurrency especially bitcoin. In addition they also put several people to make ICO or startup projects to get bitcoin. They play behind the screen bro

Once there was a passenger transportation market regulated by the state (on the example of Russia). Regulation and attempts to influence this market by the state did not affect either the quality or the prices. The market shook off all regulations and moved on its own. At the same time, the prices for travel were often close to space, and the quality of services was low.

 Over time, companies owning Internet technologies entered the market. And a miracle happened. Taxi has ceased to be ,, wild and uncontrollable. "At the same time, the state seems to regulate, prohibit, correct something. But the main changes have occurred precisely because of competition and the introduction of Internet technologies. And now we have excellent quality for quite reasonable money.

The same will happen with Bitcoin. As soon as there is practical application, no regulation will have any effect on the course.

As for me, government is going to control ICO more and more. I don't think if I am dissatisfied, but I'm surely not happy. One the one hand, ICO is business, market, bourse, - pick whatever you like, my point is the same - it should be restricted by the law (and by the government) because otherwise, it will be a chaos. On the other hand, ICO is a free market and every participant is also a controller ("a law"). Too much control can strongly hurt the system.

Can government invest in bitcoin secretly? I don't think they will want to do that until they generally adopt cryptocurrency and their investment will be known to the vast majority. Presently, it will be difficult for them if their policies contradict investing in bitcoin.

You are talking to it as a whole and that means they will spend the money that came from taxes of the people.
It cannot be done. If they really want bitcoin on their hand they could do it individually.

One example is Manny Pacquiao. He is the Senator of the Republic of the Philippines that is now advertising GCOX. Means he may have some investment in it. So, his team also have an idea on what crypto currencies are.
Although I am still in doubt if he do have BTC in his hands. It may risk his position as a senator for money laundering are said to be attached with BTC. Perhaps one of his team could do it for him since he have a lot of money.

they are not fools, they are afraid of losing money, bitcoin has an anonymous creator, bitcoin is decentralized and can be manipulated. We are talking about increases from $ 6000 to $ 20,000 and subsequently a price drop from $ 20,000 to $ 6000 in a few months, this is a very dangerous investment and central banks would not risk investing in something like that. One day they will be able to invest in bitcoin, but only when the bitcoin volatility is not too high.


In my country where corruption is very high, the governor of the central bank is appointed by the president of the republic and the president of the republic can dismiss him whenever he wants and in my country the central bank is controlled by the government.

Maybe not Governments, but people inside it. We can't deny that someone will definitely be interested in this crypto business. And, this is not an accusation, but some people will definitely think about how to save their funds "safely" and crypto is one way to deal with the problem

I think that The World States invested and invest in bitcoin. On the one hand to tell people about it would cause trust but increased risk for people as the market is unstable.

Banks are centralized, and bitcoin is decentralized, both of them will not unite, even though banks block bitcoin, but I think that bitcoin will control every transaction, now and in the future.

the reality is banks also store assets in some altcoins like XRP, they know that in the future the world finances will be a crisis, so, cryptocurrencies are their choice.

Maybe some government in some different countries know bitcoin and cryptocurrency and secretly investing from it. And some government to don't know about bitcoin and crypto maybe they starting studying it for entering cryptocurrency business for their country.

To date, bitcoin and all cryptocurrencies combined, in no way will be able to replace the world's currencies. I even smiled when I imagined what a collapse looks, by the way, if tomorrow I will disappear, all the world's currency and will only have those coin.

in many countries, especially countries that have not legalized bitcoin, I see a lot of potential from bitcoin that the central bank has not utilized to become a commodity. the central bank is currently trying to reject bitcoin and the government is supporting it. be bitcon and government like there is distance

It is difficult to say about the government, but I know for sure that the largest bank in Russia, "Sberbank", which is a state bank, not only stores cryptocurrency, but also deals with mining. In 2017 "Sberbank" was the reason that video cards became very expensive in Moscow, as representatives of "Sberbank" bought them in many stores and there was a shortage in the market. As the information service of the bank said later, the video cards were bought to work with AI, but representatives of the bank bought only those cards on which mine ether.

Bitcoins and governments two very important and effective factors in cryptocurrencies market... bitcoins and governments always opposite direction..if governments act with friendly then it would be possible to develop in bitcoin.

if crypto and banks are mutually applicable then it is very good in the future because both of them have interdependence, so it is good for the future to be applied.

Everyone has the right to invest in crypto, not least with people who are in power in the government with a note that there is no conflict between personal interests and their duty in government, even though in reality it is difficult for the government to accept Bitcoin. I think like that.

Bitcoin in difficulty slowly loses ground. Bitcoin quotes again in contraction of volatility and volumes sign of renewed prudence of the operators probably frightened by the sell off on the stock indexes of the main financial centers, which could reduce the availability.

The government are too smart and i dont think they will invest in bitcoin because its decentralizes and they will not benefit from it.

The Bank has its own ideas for this. I think, Gold still has a certain value in this case, with fluctuating prices that still look stable. Until now there really isn't any from the bank announcing the purchase of Bitcoin except Future,

Cannot say about governments but ya it may be that big institutions and high investors are slowly accumulating the bitcoins and other altcoins which have potential good results in long term. As they know that in future it will surely give a good return.

Invest? I think they would invest in such thing since it is profitable in the long run. In terms of the government not accepting it in their country, that is possible since there are some instances that it may affect their country. We can't say that the government don't invest on cryptos since there are some politicians that know and invest some of their money unto Bitcoin and other cryto currencies. If they are too smart, they should know the positive results Bitcoin may bring in their country but they don't.

No government would use its public funds to invest on bitcoin. Public funds are specifically allotted for specific programs and projects.

 It is interesting news, do you know that America's Federal Bureau of Investigation, or the FBI, has a 1.5% stake in all Bitcoins in the world.

Yes, everyone can invest in bitcoin without having to publish it, about the legality or not of bitcoin in their country, I think that is something that can be ruled out if they have seen the benefits and also the potential of bitcoin. Therefore I have personally seen some famous people who can be said to be public figures who invest in bitcoin, so it does not rule out the possibility if a government also investing in bitcoin.

I gave vote ''yes''  but i have not any evidence to proof it.  But if the goverments are smart enough, they can easily the figue out financial revolution.

But in our country bitcoins is already known here as a cryptocurrency until now our government don't know exactly what is bitcoin and other cryptocurrency but it's already published here.

We need to realize that bitcoin has no control over certain organizations or governments, independent bitcoin. The government is very difficult to hold bitcoin in their structure even though they know but not yet or cannot be applied.

Can you think that the government is opposed and trying to destroy Cryptocurrency why invest in it? Because the government is not as stupid as you think, maybe they say they will try to destroy it but they still silently spend in this world for profit.

I think that if a major they will illegally buy bitcoin and make it out of balance so that investors like us no longer trust this market anymore (personal view I guess)

Even banks can not deny the benefits to the economy, they can only harm the interests of central banks, because when bitcoin grows they are afraid that the paper money will no longer, will no longer lend, and they are no longer collectable from debt

The governments and their agents are doing their thing to harm bitcoin and destroy since they can not control it. Bitcoin on its own has been resilience and stubborn which has made it to last till now without being decimated. After all what the government can do and they find out that they can not kill bitcoin I think the next reasonable thing to do is to key in to blockchain and incorporate it into their operations. Then they can use the central bank and make some financial regulations that will guide the operation of bitcoin in their country. 

It is quite possible that members of the government are investing in bitcoin. They have the right too and as it is anonymous and decentralized we can never know for sure.

There is no point for government to invest in bitcoin. Also you did not clear what you meant by the term 'Government'. Is it a person who is a member of the cabinet or as the whole system? Because every person is free to invest in it.

Bitcoin is free to everyone. Every individual member of the government has the right to invest in this thing. But it will be tough for the whole body to do so if they are not friendly towards bitcoin.

I think that many governments might have secretly invested in Bitcoin. The FOMO aspect of it must have compelled them and they don't want it to be mainstream, so they are hiding the fact that Bitcoin is actually important to the economy.

I think that the situation with btc and government is not easy but we will see later how everything may change with time and btc will be approved by many or even all governments with time

I am sure that central banks will acquire bitcoin, if necessary. Bank managers manage other people's money, not their own. The price will not frighten them))

On a personal note bitcoin is a decentralized commodity and at that the government as an institution that have high control over the economic activities of a country will not want to adopt any commodity that their will not have total control over and bitcoin at it original state can not be influence nor control by any one.

Why do they need to hide if they want to support bitcoin? Bitcoin is not illegal and any people can buy it. In short, there is no restriction whether you are poor or rich, young or old and official of government or not. They don't need to have secret even there is anonymity. They are just humans.

It depends on the government of each country. In my opinion, countries are recognizing legitimate bitcoin, the government is facilitating the development of bitcoin and even the government is investing in bitcoin mining companies. And countries are forbidding it, I think governments will not invest in it.

Possible, Some government officials I think are investing in crypto currency, Some of the richest mans in the world has an investment in crypto, Why not the government official right?, I think they are also investing with the fact that money is circulating inside the system and will give them profit.

governemnt dont accept bitcoin in their country, maybe they make a research by using the cryptocurrency itself for learn how it workd and find the another way to makes the bitcoin can legal in their country

logically there are 2 possibilities. first, because official follows the times, and really aims for investment. and second is the politics of money laundering from unfavorable results of people

yeah, we don't know what the government is thinking. maybe they are one of the cryptocurrency users  :).
we don't know that, we can't see it.

i think cryptocurrency can provide benefits for anyone who can analyze it properly, it is likely that the government also feels interested in seeing the benefits they can get.

I think for this matter every country has its own policy in overcoming bitcoin, but some countries still reject it for various reasons so they do not want to play with all risks.

that's right. by not accepting bitcoin banks are killing themselves, crypto cannot be ignored anymore...

In my opinion governments will not accept bitcoin due to some reasons if they collide i think government would take a risk because lots of wise and bad people wants to entered in this fusion for their own interest and its hard to control by our government in other aspects its so hard to be in digital money using for everyday life than fiat...

Government and bitcoin, will it be the opposite?
Even though Bitcoin has benefits that allow people to get benefits easily. People who know about technology and crypto will be easy to get and learn, but the government still has not received it, so it is rather difficult to develop it.

I think that governments and Bitcoin can go together.
At first there was much more issues and governments were not so keen to recgonize and accept Bitcoin but things are changing. We see more and more positive regulation and more positive attitude towards Bitcoin and other cryptocurrencies. With time situation will even improve because more and more governments are aware they have to accept Bitcoin in some way and they are also aware they can have use of it.

instead of using macro factors we should focus on other things like bitcoin trading and bitcoin investment because these are the things where we can do something and crypto is important for all so if we focus on these things then it is beneficial for us and crypto is good to work for it and international services can be hired through crypto payment.

To me I don't see government investing in what they don't believe. They might invest in it secretly to crash the system which I believe they are part of the reasons for the downturn of the price of the bitcoin.

Government will approve only when the find any thing positive about the Bitcoin, recently many big companies are applying for Bitcoin ETF and this makes us many companies are showing interest towards Bitcoin. May many big companies will force the government to accept the Bitcoin ETF proposal.

maybe now they don't really respond to bitcoin movements, maybe next year or maybe next year they will know bitcoin and how bitcoin works

true even though the government has not responded to bitcoin right now, one day the government will certainly respond to bitcoin well because bitcoin is a very good and profitable asset

In my country, people working in government organizations have a lot of Bitcoin in their hands. They just hide it and do not let the press release such news. Power and money can always manipulate the market to make more money. We are too naive to know the real potential of today's government! ;D

Now a days governments in many countries accept bitcoin as their national assets ,only developed, developing countries government can friendly behaves with bitcoins.some governments totally don't permit bitcoins as their asset .

Right, bitcoin are open to all wanted to invest. Yes  some state or country they joining secretly and they hide their identities for there confidential reason, we know joining in investing in cryptocurrency are guaranteed to become successful. Maybe this is one reason that's why some governments joined in investing in cryptocurrency.

Secretly there are a lot of big whales they always dominated the market from behind the scenes playing games in cryptocurrencies platform. Also government and others many rich people involvement in crypto i think. We don't know who using this platform as a targeted for money laundering acts.    

I'm sure of it. Governments are well aware of what bitcoin is and what value it carries in it, so it would be foolish not to accumulate it. Of course there is a chance that governments will eventually create their own crypto currency, state. But they will accumulate Bitcoin too.

I don’t think they’d be investing. Perhaps, only studying it closely or finding ways to adopt blockchain tech. All I know is, there is no way they could completely refuse a technology that is beneficial to society. Right?

I thought so too, there was no way they would refuse technology only that they still needed time to learn all this. The global market is already running, but it seems they are not ready with this technology, so they still have to think back to the good and bad effects if bitcoin is a digital transaction. They still need one belief about bitcoin and crypto so that they can be the best investment.

of course direction of my government is sure that too. only this is maybe government still has many obstacles to implementing a policy about bitcoin. hopefully soon they realize and allow it

It is possible that one of the politicians really has an investment in bitcoin. For example, I heard that the President of my country has a very large number of bitcoins. It's great that the authorities still understand the importance and prospects of bitcoin, but for some unknown reason they keep silent about it.

it's a funny thing if you think the government is investing in bitcoin in secret, what is the purpose of the government to invest in bitcoin and who is responsible for the risks involved? if the logic is not done by the government, after all bitcoin is a threat to them, and they will not empower bitcoin..

The Government as a whole entity may not have invested or investing in Bitcoin secretly BUT believe you men that elite politicians have been in the game for a while now. Using the decentralized nature of Bitcoin to amass wealth and move their cash around as they wish.

Depending on the economic situation and conditions of the countries, Bitcoin and the government will have two paths. Bitcoin will jointly develop the government in a spirit of mutual benefit to the community. Or Bitcoin is prohibited and restricted by i believe the future will answer this story.

Exactly, the government has excellent people, who may be the ones who always give opinions about the bans on Bitcoin but they also own Bitcoins. No fool would ignore the great benefits of Bitcoin because they ever realized that Bitcoin was massive.

Personally its hard to say if that is true or not because we do not have any evidence. In my opinion, Government offical can invest in Bitcoin its their choice individually and its okay because just like us they are just curious about Bitcoin. The Government as a whole contrast bitcoin because they make decisions to their country as a whole. Maybe the Government official is also studying or analyze whether bitcoin can really help their country.

Some officials might have invested in bitcoin or other cryptocurrencies with their own risk. But I don't think governments or central banks have invested in bitcoin. There are many legal issues. They don’t make trouble for themselves. It's not as easy as you think.

There is always a cat and dog fight between the bitcoin regulation and the government as there are many countries who does not want to legalise bitcoin in their nation as bitcoin is usually involve in many illegal activities as like in selling drugs, explosives, money laundering and many more and no country wants to bring any kind of illegal activities in their nation and most importantly the terrorism and this is the main issue between bitcoin and governments and the solution lies in the problem itself as once it will get legalised all over the world then governments will keep eye over bitcoin activities.

That is the problem that the government needs to address, learn. When they do not want their rights to be lost, they will block Bitcoin, not accepting Bitcoin as an illegal coin. I think the same as you, if they understand how Bitcoin works, it will grow and will be beneficial.

I think the government might be involved in this, this is something that is understood. it is impossible for the government to let it go and not invest in bitcoin. maybe the cause of the current bitcoin price fluctuations is that the government already knows it.

I don't think the government or the financial institution will want to secretly be investing in bitcoin due to it nature which is on a decentralized platforms without any central control authority and at that the government as a regulatory body will not subscribe to such moves. But I believe if the bank can adopt cryptocurrency and give the professional financial advice to the government on how to adopt cryptocurrency for it own benefit and let bitcoin as the mother coin becomes the sole priority.

In my opinion, any central bank will never want to accumulate bitcoin. Because, the nature of bitcoin is decentralized

Central banks won't be but i suspect governments are using bitcoin for all sorts of undercover activities-especially by the various security services. Individual non-central banks may have/take an interest but not at this point to any scale.

They may be the cause of the current situation. They may be whales in the market. They can have an impact on the price by exchanging some currency. Maybe the price increase of last year is due to this so, they have invest a huge sum of money last year to collect them and that led to a price increase and the final sale was the reason for the price decrease.

They do understand how it works and they do it. They have right as individuals to buy as much bitcoin as they want, if there is no conflict of interest between their duties and investments. I think a lot of politicians benefit from investing in crypto.

It seems to me they are so conceited that they are not investing in bitcoin as you say, they are trying to regulate it and if they can they will destroy it so they do not want to be holding any of it, they are going to realize too late that bitcoin is not going to disappear and that is going to be one of the main currencies around the world, that is when they're going to try to get bitcoin but at that point people will prefer to use bitcoin for transactions instead of selling it for fiat.

Governments and banks understand the nature of the Cryptocurrency industry, and they can always say that this is a volatile and risky market that can not last long. But they still invest in this market quietly because no one can give up when it brings too much profit.

Cryptocurrency does have two sides, there are many benefits that can be obtained and there are some disadvantages that make most countries limit the use of bitcoin. The government must have carried out an investigation regarding this matter, regardless of the way it was done, it is clear that cryptocurrency is very effective.

Bitcoin in the future is expected to become a digital currency globally so that it can facilitate transactions between regions, between countries and even across continents in just minutes and does not involve banking institutions, because direct transactions are peer to peer. Of course the government and bitcoin will equate perceptions because there is a stigma that bitcoin is a place for money laundering, storage of proceeds of crime that makes many countries unwilling to accept it.

I think government not investing in bitcoin. Government budget should be transparant and i am believe government will not speculate with peoples money. But, if that is a bank, i am believe banks investing some of their funds to cryptomarket

Los gobiernos claudicaran.

From my personal opinion, I do not think the government or central bank will be secretly involved with bitcoin. Because , Bitcoin is a decentralized economic system. Bitcoin investment is very difficult and risky. I do not think the government will be involved in such decentralized, difficult and risky investments.

 In my opinion, at least 80% of world banks are not having a clue about Bitcoin and they are not in aware of it seriously :)

Many countries don't like bitcoin, even forbid bitcoin to be used in their country. Of course there are many considerations, because the government sees bitcoin from various perspectives. Some countries see bitcoin endangering their country, but there are also countries that see bitcoin as an advanced technology that must be developed in their country. Because there are many interests from the government, bitcoin has finally become a debate between those who agree and those who disagree.

There is a big possibility. I mean, some go where money goes. :)

well its is possible they already accumulated more than enough expecting government to at any time legalize bitcoin use so they make good profits

i believe central back is too smart not to buy and accumulate bitcoin. They fully understand everything that has to do with money and would hae gooten enough bicoin patiently waiting for governemnt to make it lega so they make enough cash

Many countries will consider bitcoin, and all this has an influence on the economy of its people. If this bitcoin is able to make its people independent, the government will surely follow the trend of society. Every country must have its own policy to overcome this.

Some government officials who believes in cryptocurrencies might be tne ones that bought some bitcoin but not the government itself. The government's task are imposing regulation and taxation on bitcoin after they legalized it. The central banks has no control on these cryptocurrencies because they are mostly decentralized so they instead regulate some crypto exchanges by giving them rules and licenses to legally operate in the country. But the government may create its own but centralized cryptocurrency, if the need will arise in the future.

We have support and promote bitcoin in each our country, its the best way how to know and make bitcoin become famous e digital transaction, when bitcoin have know and famous will make many people are interested for using bitcoin not only as investment but also could be payment transaction, it will give space for government want to legal and give allowing for bitcoin as transaction payment, maybe just my opinion how to make bitcoin as legal transaction in our country.

 I think one factor that would cause the government in most nations of the world to continue fighting the growth and adoption of bitcoin and the blockchain technology in general is the fact that its a peer to peer decentralized system.

Goveerment  has  been so used to the central way of controlling the financial economy and its might be  really difficult for them to adjust so soon. but i think with time they may have no choice when they fully understand the benefits of this decentralized system of financial  management.

Right bitcoin is open for all who wanted to join. Maybe some government secretly investing in cryptocurrency, we can't blame them cause in bitcoin you have big chances to earn more money.

One of the main functions of the central bank is to manage their foreign exchange reserves. Reserves are an integral part of securing the currency obligations of states, and they also maintain confidence in the monetary and exchange rate policies of the government. Foreign exchange reserves are accumulated by purchasing foreign exchange in the spot market, conducting foreign exchange transactions in the foreign exchange market for investment and managing domestic liquidity in term and deposit accounts in foreign banks.
Nick Sabo (one of the earliest investors in Bitcoins, as well as, according to some representatives of the cryptocurrency community, “the real Satoshi Nakamoto”) believes that the current monetary policy stops responding to the demands of the time, so gold will soon give way to Bitcoin. (https://coinlife.com/news/nik-sabo-centralnye-banki-nachnut-sbrasyvat-zoloto-i-pokupat-kriptovaljuty/ (https://coinlife.com/news/nik-sabo-centralnye-banki-nachnut-sbrasyvat-zoloto-i-pokupat-kriptovaljuty/))
As far as this is true no one knows for sure, only time will tell. But there is a real chance that this will happen.

yes it is very bad if banks  dont accumulate bitcoin, actually not only bitcoin, but crypto currencies. The government will definitely start thinking of investing in bitcoin, just adjusting so that bitcoin looks really profits. and the central bank will be a tool to control it all.

I am sure that at the moment the government is very actively manipulating the price of Bitcoin and this will continue for a very long time

We will see the government will consider the existence of bitcoin, this digital gold provides many benefits and a future.
In the end the government will approve the existence of bitcoin.

how money work? can you explain me more about this case

There is so much we do not know about, so I think your right, it would foolish and strange, if the government didn't take part

The government will definitely need to know about the Bitcoin uses because the officers that are working in the government will not approve the legalization of Bitcoin because of they don't understand uses and the value of Bitcoin.

This is between bitcoin and goverment to come to agreement ,if this cryptos will be accepted and adopted by the different governments all over the world ,then there are big possibility that banks will really adopt and accept bitcoin, because banks are facilitator and keeper of currency ,so if bitcoin will be legalized then bitcoin have a space in the banks.

That might be the case. As I see it, the central bank could print fiat (worthless and has unlimited supply) and then buy bitcoin (limited supply) with it in exchanges. Even a few statements from the regarding cryptocurrency could cause FUD.

I think that many people from the government or banks have long bought bitcoin for personal purposes. They are also people, just like us and they understand how profitable it is.

Governments are already rich because of taxes that they pocket and aside from that , they are also busy on thier agenda .  its rare to see a government official invest on crypto only if he is really desperate to earn more cash  .

Some governments also hated btc to the fact that they cant use it for Corruption ,  thats why the last resort that that they do is to ban it .   not unlike to banks that they are willing to accept bitcoin because it is still a currency and they want to be the first to adapt it on their country so that they can attract more people  .

I think yes.
BTC is the same source of income.
Why should someone avoid this if they can invest?
It doesn't matter how central banks refer to cryptocurrencies. There are people behind any bank. And these people also want to make money on anything.

I think that many governments are afraid of Bitcoin. Bitcoin reduces the power of the government and banks. The Bitcoin protocol replaces some functions of the government.

I think we are on the opposite side, There is a possibility that government invests silently in cryptocurrency. In the world, there are some group of people who call themselves elite or one percenter. They are the people who can dramatically control everything in the system of humanity. They are also called oligarch. Most of the oligarch can be found in the government and you can also see them in private companies
that own bank establishments. Since they work very organized, there's a big chance that government invests silently in Bitcoin for some purposes that one of them would like to execute and control.

Yours points are so valid and constructive, but rather than starch up cash in foreign accounts that are easily traceable, the government can result to bitcoin, starching up bitcoin in addresses that cannot be traced back to them.

I don't think the government is investing in bitcoin secretly, but it doesn't matter whether they are secretly investing or not, this is why everyone is free to buy bitcoin, because this is a peer to peer transaction that is decentralized without central authority and can also affect policies and will make a profit for them

I don't think that government are looking to invest in Bitcoin but they're definitely trying to destroy it. Banks have already started testing blockchain technology for optimisation of there traditional work system to compete with growing crypto industry. Yes, some politicians have declared the Crypto investments and I am sure there are many other politicians who have not yet disclosed such investment but they have a personal investment in Crypto.

Hey no the government does not invest secretly in bitcoins, some governments have legalised it and some have rejected it. Take a look at two Asian countries where Japan considers Bitcoin as a legal tender, India does not considers it as a legal tender. I believe if the governments were wiser, they could legalise it and then put taxes on it for more revenue.

Bitcoin is online crypto currency. it demand is very high. it have lot of capacity to change the world economy. but most of the country government think that, Bitcoin is not well. and they think that, Bitcoin will be bring  lot of problem. but Bitcoin is really well. it is helpful for us. you can using it,, you can changing you and your family and your country. now we see that, lot of the country is accepting Bitcoin. most of online website and shop are accepting it.

The freedom to have private property in the form of Bitcoin and freely dispose of it as you please and anywhere.
Why do you think that all colonels have billions under the bed? Yes, because even they could not spend it as they wanted, it only remains to fold the mattress.
A Bitcoin owner can freely move his capital around the world, spend it whenever he wants and how he wants.
The owner of Fiat or any other asset without permission from above and the risks of losing everything, even in the neighboring city hardly moves the funds.
Bitcoin is your personal bank in your pocket, owned only by you.

There is some good unique features not to be done with the Bitcoin that will not be suitable for the government that's why most of the government will not accept the with iron legalization process to be here in their country so making the Bitcoin to be legal so much easy in any country but the problem created from that moment will not be curable then will be the government don't legal the we can still now in most of the countries.

True, I think the government has a major contribution to the turnaround that is happening in the Crypto world and as you say it would be ridiculous if state banks did not participate in the investment game at Crypto, but all would be very guarded by the state because state involvement would greatly affect society in accordance with the policies they provide unless the country has legalized Crypto.

the government may not invest in bitcoin, but the banking world of a country can invest in bitcoin, because bitcoin is a digital currency that can be owned by anyone, so bitcoin investment is global and personal.
 what is common is that the government provides various supporting facilities from bitcoin, because the government can withdraw taxes from several facilities provided by the government.

I am agree with your opinion. Its hard for a state investing in crypto because its about transparancy on public funds. Cryptocurrency is very risky investment and having high volatile movement and i am believe government wont investing public funds in volatile market

We are at the stage of improvement, because the role of the government is very important so that everything that happens to the government will definitely have an impact on the development of Bitcoin. We also need a regulation so that bitcoin can circulate much better, with regulation, the public will also get a trust.

it will be different if the demand for bitcoin or crypto is very large. certainly like it or not. banks will definitely start thinking about
accepting cryptocurrency. so that the existence of banks is not eroded due to cryptocurrency.

Bitcoin or cryptocurrency very high fluctuation market and it still unregulated in many country. I dont think government make investment in bitcoin or others crypto because its about public fund. Government should collect taxes or make good budget for people and not involve in any market or investment

With the decentralized and centralized system of operation which is the difference between blockchain or cryptocurrency and bank transactions which I believed its the main reason why government find it difficult to legalized crypto.
So it will be very much impossible for central banks to a accumulate any crypto coins as the legislation is current unacceptable by most nations government.

FOr me its not the governments whos investing secretly in bitcoin or any other cryptocurrencies but instead its the individuals inside  every governments,obviously those people has a future look for crypto and can’t convince enough the government to take a chance so they are accommodating some coins for their own benefits just like some humors in my country that our president is secretly investing in crypto because he didnt put any regulatory for crypto and staying neutral for this

Not working secretly but working on process. I think they are now in the phase of adopting crypto to the country. Banks and government knows exactly how money works and im sure that they are all alarmed by bitcoin and cryptocurrency itself. No wonder why some countries banned it because of its function that can destroy their secret agenda.

I have the same thought. I don't think the government as institution will invest in bitcoin secretly. If it's a person who works in such institution, maybe yes. When the government wants to invest, I think it will not be done in secret ways. I am not so familiar on how politic works and that is just my own perception.

Basically Bitcoin, and the government especially the central bank always prioritizes, the biggest transaction is currently the biggest bitcoin,
The government does not strictly forbid Bitcoin, and does not ask to use bitcoin it all depends on the user of bitcoin against the risks during the transaction.

it's true because if a country is willing to legalize bitcoin and other crypto then the government will certainly set taxes for other bitcoin and crypto users too, because government support is very important for the development of bitcoin and other cryptocurrencies

Yes, it seems I agree with your thoughts. In my opinion, it won't be easy for them to invest their money with Bitcoin, because I think if they want to invest in Bitcoin, they have to learn more about cryptocurrency to avoid the risk of heavy losses in their investments.

Someday, the governments will realize that bitcoin can be a new solution to solve the financial problem and the governments will take part in bitcoin and the blockchain technology by using their resources to help bitcoin. But we cannot expect that will happen in short because the governments need to think about the advantage and disadvantage of bitcoin to them. Maybe they will apply taxes for bitcoin user to pay some amount of making the transaction like what we did in the bank.

I know there is allot of politician and government sector  investing into bitcoin secretly but they are pretending as if bitcoin is a demon ,  right  now politicians , bankers ,  lawyers , many stake holder and influential people across the globe are investing into bitcoin secretly ..   they  know that one day bitcoin or altcoin will take over fiat money .. they are the one manipulating the market right now .. they wanted to hold more bitcoin before the SEC accepted it ..
 

I don't believe governments are investing in Bitcoin because it doesn't make any sense. First of all, it's illegal in some countries, unregulated in most and it's just too unpredictable for a central bank to invest in.
Second of all, Bitcoin is about decentralization, going against central banks and everything they stand for, why would they invest in that?
All that apart, I do believe government individuals certainly invest and own lots of Bitcoins and other Cryptos, but that's not relevant.

I dont think government or central banks investing their fund in cryptocurrency or bitcoin. Public funds should be transparant and government should not speculating public funds. Its more easy for government to create their own cryptocurrency rather than investing in cryptomarket

It appears that the government will issue its own crypto in connection with the exchange of fiat, in that case, the government will be able to withhold taxes. I think that's a positive form of government's appreciation of having to set the bitcoin according to the progress of time.

Yes of course, digital currency were just being created for the sole purpose of decentralization where the author or the founder of it wants to have a peer to peer transaction that could lesser transaction fee without the third parties like of those banking system. The transaction fees in the decentralized system has relatively smaller compared to banking system. Yet, it is still dependent on fiat currency because decentralized digital currency is not yet adapted but only being used in fewer establishments. So, this is the problem with the use of digital currency. Hopefully that it will be added as a payment option in the near future.

The governments aware of the new technology because they are create something using the technology. And with the new era which already begins, I think the government will make a decision related with blockchain technology, and if they are very concern with the new payment system which is brought by blockchain technology, then they will learn to know the advantages and the disadvantages. We need to have patience until they make some explanation related to bitcoin.

I think that governments and banks have been accumulating bitcoins for a long time. Perhaps that’s why the norms for bitcoin regulation, prohibition of fraudulent schemes for trading on the exchanges have not been adopted for so long. Until now, there are a number of countries that prohibit any bitcoin operations for their citizens. After all, while there are no proper laws, many people will consider cryptocurrency dangerous and uninteresting and, accordingly, such an idea about them will not buy them. This in turn allows governments, banks and the rich people to accumulate bitcoins and, in parallel, make money on them. After all, let's face it, you or I, for example, with your own 10, 20, 50 bitcoins, not will be able to significantly influence the rate of bitcoin.

 the government and the Bitcoin will not be closed or atene period of time because the situation is made up like that if the government wants to accept Bitcoin then lots of problems will definitely be available for the usage of normal country currency will be came to the government.

They are just resisting as long as they can but majority will decide to adopt bitcoin and after that happens, they have no choice but to accumulate btc too. But I don't see it happening in the near future but let's see if ETfs will make the happen much sooner.

They can use bitcoin if they are not hypocritical. Most of every government prohibits bitcoin for any use, but I think that is not something that is worth doing. They should accept bitcoin well and let everyone use bitcoin. For banks, I strongly recommend using bitcoin which can be used to send money that is different from the country, we know that sending money that is different from countries uses a long time, this happens in my country. But when they use bitcoin, maybe they will know the convenience.