Bitcoin Forum

Government always refused to see the positive aspects of events when it comes to what will profit the masses. Assuming government can easily understand the power of bitcoin in improving self dependency by citizens of different nations.

If IMF and UN can come together to strength the values and important of bitcoin as centralize legal digital currency with independence network system to act on digital market and helps in improving I.T for youths all over the world.

Bitcoin easily create stable jobs in different uniforms.
Buying and selling of bitcoin virtual cards, bitcoin pay points agents, ATM machine, bitcoin gifts cards, extension of campaign teams, and monopoly of market. Alls this could reduce unemployment by government schemes.

That's how we think, the crypto maximalist and not the government! The problem is not with bitcoin and it doesn't have any drawbacks as you mentioned but it's the Government itself that thinks it will lose the power to retain its votes and lose the credibility to rule the nation if it gave away financial freedom to everyone. Finance is the key to running the nation and holds the power to print money and run the system.

Think for a sec, everything is getting traded in bitcoin payments. Who would pay taxes? Who would care about what's getting shared in their savings or earnings? Everyone will be happy to run their own free system and benefits.

About the employment part, whatever you mentioned are just wats to utilise bitcoin they are not any sort of employment opportunity.

It is unrealistic to expect that governments or centralized financial organizations will readily accept Bitcoin. Even if they do, they are unlikely to fully embrace it and may even resist the crypto industry. While a handful of countries, such as El Salvador, have adopted cryptocurrencies, a closer examination reveals that they have not necessarily benefited greatly, particularly if the government decides to invest in Bitcoin. Therefore, other governments are likely to scrutinize the potential impact of adopting Bitcoin before making any decisions. It is important to note that significant changes will not occur overnight, and it will take a considerable amount of time for governments and centralized financial organizations to fully embrace and adapt to Bitcoin.

Bitcoin might increase job opportunities for jobless people if the government is open for new innovations and will support bitcoin instead of banning it. But I think it’s really hard for a centralized government to adopt a decentralized cryptocurrency especially if they can never control its existence. However, there’s always a positive chance that the government will start to support bitcoin in the future, we just need to wait for the government to embrace bitcoin as it may take long years of processing before it’s bound to happen.

That maybe what’s supposed to happen if only the government creates a favorable action towards bitcoin,  but it turned out that there’s no centralized government that would want to embrace a decentralized currency because they believe it will never do good in the people in the long run. They only consider bitcoin as a hype or FUD, and when it’s gone people will just regret trusting it. That’s how the government sees bitcoin, so expect that accepting bitcoin if ever will still take long years of investigation before they will realize that it’s an asset rather than a threat or obstacle to the government.

If only the government sees the positive side of bitcoin, like what El Salvador has did, maybe we could expect that the government will adopt bitcoin and increase job opportunities brought by bitcoin. But what is happening right now is the opposite way. Bitcoin is neglected instead, and even consider it as a big scam in the market, not realizing that it could be the best way to improve job opportunities so that jobless people will start to be employed and start to earn a living.

Not all governments refused the positive aspects of events when it comes to what will profit the masses.  They are somehow slow in Bitcoin adoption because they are not only deciding for themselves but for the entire nation.  One wrong move will make their economic status in jargon.  So don't compare the personal adoption to national adoption, they have different points of focus. 


It does not need IMF and UN, each country is independent to decide what is good for their own country.  It just needs a decisive leader just like in El Salvador to adopt and implement Bitcoin to their country.  After all, they need to have it established in their country to make the full benefits of Bitcoin before reaching out for other country deals.


I agree, but even without the government meddling, Bitcoin has already established career path for Bitcoin Industry and is offered via freelancing on different sites.

I think it's better for btc like this, than there is government interference, where anonymous ownership will disappear, everything is regulated by the government
even though the profit is more if it is legalized

Ideologies of such is far from reality, I guess. This will jist yield to the question "why would governments do that?". If it is job opportunities related to currencies, then that is long ago existing with fiat such as with banking. And if you are trying to point out taking advantage of the market peice volatility, that is also the reason why this technology is not having support from the governments because for them it would put people into risk. Also, the undying issue of taxation in this industry. I would be fine earning profit from this industry on many ways, without recognition from the government. In the first place, if government will be chained in this industry, all of our profits would be taxed and that is simply in contrast with this technology's nature.

Not sure though, government are supposed to function to help their population? unless it's an authoritative government.


Maybe you can get a hint on IMF's stand on Bitcoin, IMF urges El Salvador to remove Bitcoin as legal tender (https://www.bbc.com/news/world-latin-america-60135552). So I guess you got your answers already.


Again, I'm just shaking my head in thinking that Bitcoin could be the solution to everything. It's not like a magic bean that will be the end of it all. Although I have heard much worst, like Bitcoin will help solve poverty, blah blah blah. Why not just let it run it's natural course. It is still very young, just 10 years or so. Maybe in the next decade we will see what it can actually do to us.

How can Bitcoin produce large quantities of jobs? It's a decentralized network that is already fully implemented, it doesn't need more companies or employees. Bitcoin ecosystem is already formed, it has exchanges and other services that you mentioned. If Bitcoin would be declared a legal tender tomorrow by all governments, it won't cause a large increase of adoption, we already have El Salvador as an example. So there won't be millions of new Bitcoin jobs either.

Bitcoin is innovated as an alternate to the traditional fiat as Satoshi found the traditional system to be a failed one. From there it evolved as valueless token and slowly it have gained good value and got multiple usage. The same in later days were compared to different things, just as that now it is predicted that bitcoin will create job opportunities.

They're not for decentralization and that's why even if the idea is good, they'll never reconsider it because they've got their own plans on the massess and it's not about what bitcoin is portraying as a decentralized cryptocurrency.

Although the thought is bitcoin will provide the jobs. Let's give it but it's more about the companies that will adopt bitcoin and they're the ones to produce those jobs. It's too optimistic to think that it will eradicate most of those problems but we're there, it's just a matter that not everything gonna to turn on it on an instant which solves most of them. Because in reality, it just can't and we have to stick in the reality that there's still some limits that it can't do in the capacity of everyone even if we're very much optimistic with its potential.

That's right. Before, we thought that government interference is gonna bring a lot to the market, and yes that's for the market but not to bitcoin alone. And we've seen with all of these regulations coming from exchanges, crypto services but they still can't stop bitcoin however, the market's where we're moving with can be regulated by them.

All this things you mentioned, and even more, can be achieved without the government, if bitcoin made it to where it is today without the government, it can still go further.

Speaking of jobs, bitcoin have built alot of companies and provided millions of jobs without the government, talk about gift cards, Atm machines and the rest, all this things are already in place though not rampant yet, serious individuals or groups are building companies centered around cryptocurrency, all powered by bitcoin, with out the government.

All that bitcoin needs from the government is to declare it a legal tender and a recognized digital asset that can be used for payment for goods and services, then, we will see the true value of bitcoin.

Brother, I admire your expectations and desires but according to my observation this is currently not possible you can directly observe from the 2021 Bull run that the First Asian market was supporting the Crypto market directly but China changed its policy and Mining Ban was imposed after that and market crashed then Western world Supported crypto on some limits but now again Asian countries are friendly with the crypto market on other western world is trying to save their economy and also their capital from going into the risk investment market. They are somehow managing it well according to the latest developments as Coinbase is getting targeted by the SEC.

So what policy the US and other Western countries are using is to stop how Bitcoin and other crypto market projects are directly funded by their traditional banking capital which is not a good sign from the regulatory developments in the crypto market.

I think the biggest why some governments hate Bitcoin or crypto-related its because they cant control the whole operation.

It's kinda scary if you cant control something maybe in the future more and more governments will regulate the crypto industry the other will positive side and the other will pick the negative side.

The other post already give one example "Bitcoin Uptime 99.98812348% | 10 years continuous uptime!" - https://bitcointalk.org/index.php?topic=5445280.0 but still look at now

There are two possibilities that can be concluded from the government's mindset.
the first, the government may not have opened its mind to advance bitcoin and crypto opportunities, maybe because of the piling up of busyness and very urgent matters, so the government has not had time to think about bitcoin and crypto.

the second is that the government pretends not to know about the quality of bitcoin and crypto. it is undeniable that there are also governments that, if they see that their people have progress, that are not from government institutions, usually like to be made difficult or even banned, even though they are not detrimental to the government, not even detrimental, but even advancing their society.

In essence, a government like that is not worth defending, because what is called government should protect what the people want, not make it difficult for what the people want.

Very true. They know for a fact BTC will help the government, they just don't look after the welfare of the citizen. If fighting against its adoption is what they want to do, they will fail miserably just as what happens to banks nowadays.

The bank's and government's failure will still result in the adoption of BTC. The money devaluation will make people decide on better assets like gold and silver but these are not the type that they can just transact easily. It's BTC that will adopt easily.

Governments understand about Bitcoin and its capacity to serve people globally. They are smart enough to understand it but they consider it as a risk factor for their finance social control. They think Bitcoin is harmful for their benefit and they do not care about benefit of citizens.

When governments realize that they can not ban Bitcoin, they will accept it but with as many regulations as possible to reduce risk on their benefit and power. Like recently in the USA, this one is a good news.

Congress introduces bill proposing Bitcoin mining can help achieve energy goals and grow the US economy. (https://twitter.com/WatcherGuru/status/1638912826474475527)

You can't mix black and white right? my analogy is that government is black and bitcoin is white, the two will contradict each other but they will complement each other, that's what i think. I strongly support the adoption of Bitcoin, but at the same time I also don't want to discredit fiat, because it is the currency that underpins today's economy.

I am very fortunate to live in a country where the government supports cryptocurrencies, even though they prohibit using Bitcoin as a means of payment, they still create programs to educate young people about crypto education and the development of blockchain technology for more cases, such as finance and health and I really appreciate that.

Government always interested when it's about money because they can tax it and earn more money, you're wrong.

The value and importance of Bitcoin is become decentralized currency without any central entity control it, so if IMF and UN adopt Bitcoin as centralized digital currency, it's obviously kill the value and importance of Bitcoin, you're wrong.

Bitcoin isn't a job and easy to make money, if Bitcoin as volatile asset can create many jobs, the existed stock and gold should already make all people around the world rich and there's should be no poor people anymore. But poor people are still high, you're wrong (again).

If empowered by the government, bitcoin will be a good development process for the economy but I was wondering which type of employment are you talking about because all the jobs you mentioned are also created by fiat. The thing there is that government won't do it because they know that they can't control the number and value we have in circulation.

The UN is the most useless international organization there is. I would not look to them to garner any movement towards decentralized currency as they engage in international posturing without any direction. I'm not aware of what the IMF believes of Bitcoin but their recommendations won't be valuable because the government of each country decides what type of currency is circulated through their economy. Seems to me the IMF would support CBDC's more than they would Bitcoin.

These organizations thrive off centralization, it's why they exist in the first place. An inherently decentralized currency is antithetical to their agenda. More control's good for business, according to them.

While some governments have already realized the value of bitcoin and how it can be beneficial to one’s country, majority are still hesitant to adopt bitcoin because they can’t fully control it unlike fiat that is fully centralized. And to think that bitcoin has been considered a threat to fiat and centralized banks, then it’s never gonna easy for the government to just adopt and embrace bitcoin as a currency. Maybe in the future it can be possible, but for now majority of the government are still closed-minded about bitcoin.

There are several reasons why governments may be reluctant to adopt bitcoin as their official currency.

 First, bitcoin is a decentralized currency that cannot be controlled by a central authority such as a central bank.  This means that governments cannot influence the supply of bitcoin or its monetary policy as they can with fiat currencies.

 Second, bitcoin is still relatively new and under development.  There are still many uncertainties and risks associated with using bitcoin as an official currency, such as price volatility and lack of adequate infrastructure and regulation.
These are definitely some valid reasons.

Maybe you have not come across this discussion, Could there be any importance and need for some kind of mild regulations?  (https://bitcointalk.org/index.php?topic=5445876.msg61955976#msg61955976) If you have, you will know that even if the situation of things is not that we do not trust the government, before the government may just generally agree to bitcoin use, there will be some need for some kind of mild regulations. So no hurry, they cannot make the decision without also considering the disadvantage that it may be to the masses without any form of mild regulation. A way has to be found to reduce these disadvantages before the can agree to it.

speaking just about bitcoin retailed employment
its not just about the 6 main god-mode devs of core.. there is alot more opportunity


there are 100k towns/cities in america
even if there was just 1 "bitcoin" shop in each town. that would create 300k extra jobs
(small retailers have ~3 employees minimum)

however some stores could be bigger stores, meaning more employees or have several stores/kiosks per large city.. so 300k employees is the minimum gain

then that can also create more jobs in regards to the products made to be sold in a store

bitcoin themed clothing can start a new fashion business with many people sewing fashion items
other novelty items. much like how the tourist industry create jobs of people making novelty items of flags and mugs.

just like there are phone screen repairers and laptop repairers. new industry of local asic repairers. hard wallet repairers

then there could be much like the real estate and courts have law specialists. there could be crypto specialists giving tax and financial advice. a new accountant sector

then there are devs, and software integration/ front end specialists

educators. advisers. employers. portfolio managers. traders

you are right, it is not that easy to reverse the economic situation from the lowest point to the highest point. bitcoin is indeed a promising digital asset, many people benefit from it. but if bitcoin is used as a job it seems less suitable, because if bitcoin is used as a job it will take a very long time, while the need comes every day every week.

if you look there, bitcoin is indeed not suitable to be used as a staple job, but it is very suitable to be used as an investment asset only.