Bitcoin Forum

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

Is there any reason for such claims or are you just dreaming out loud?

This idea that blockchain is gonna be used everywhere doesn't make much sense.

Blockchain is a slow and expensive database. Unless you have a very specific problem that blockchain will solve, it shouldn't be used. In most cases, blockchain is not applicable to the problem.

I so t think governments are going to use it everywhere to become more transparent.  There are other way to become more transparent,  which are less expensive.

The funny thing though, is that "government" and "transparent" mostly doesn't go well together. If anything, transparency is probably the last thing they had in mind if they were to create their own digital money. Instead, it's most probably for surveillance purposes. You'd be dreaming if you think the government wanted decentralization.

Government of every country varies, they have rules and regulations that they implement that adheres to their constitution. In terms of mass adoption of blockchain and cyryptocurrwncy, not all government will be readily available to embrace it. Some have their strict economic and financial sectors that mainly restrict the usage of bitcoin and cryptocurrency. One example is the China. We mostly incorporate blockchain to bitcoin though, this will not mean blockchain isn't allowed om China as well. In fact, China is being one of the most blockchhain developing country of today. And with their influence, they could possibly attract other country to develop blockchain technology.

This is just another pipe dream and I am willing to stake my small Bitcoin hoard that this will not be happening soon and not even 10 years from now. We always associate the blockchain technology with transparency (as if human nature can be changed by this technology, which I really doubt) but why would any government adopt something that can exposed it to the people and the media for that matter? It is just not rational, in the first place. Yes, there is a big possibility that governments (or a few of them) may fall in love with the blockchain technology but they are going to adopt it to what they really want and not let the technology be a hindrance to their goals and aims. Plus, without any measurable and clear demand from the people for the blockchain, politicians generally do not really care. Maybe it is time that we set our eyes and mindset that blockchain technology is not a magic potion that can amazingly transform gargantuan things and change the course of actions traditionally set for decades, though of course I believe that it has the potential to contribute making things better and can introduce some changes gradually (hopefully).

What's the bottomline?

Blockchain being accepted by governments certainly don't mean that bitcoin will have the same status! Even a lot of countries including China will start their own digital currencies using blockchain. But does that mean, bitcoin will have an impact?

Sure! bitcoin will have an impact, the more people talk and use bitcoin the better future for bitcoin! bitcoin is still in a non-massive adoption yet!


Bottom line is, the more governments use blockchain, the better for btc! BTC is the door of cryptos!

First and foremost, what do you mean by bitcoin technology ? Are you trying to say blockchain technology? For blockchain technology, the entire world accepts it to be a public ledger for storing and recording data. But to accept the cryptocurrency aspect of this technology, it might take years to get governments to accept cryptocurrency or bitcoin to be precise.

Why is it that you decided that countries should make their national digital currency on a transparent blockchain? In most states, corruption thrives, which is beneficial to the governments. A transparent blockchain will simply not allow corrupt activities.

government using blockchain has nothing to do with bitcoin to be better or worse for it. blockchain is the technology and your statement is like saying the more shitcoins are created (that would be using the blockchain technology) it would be better for bitcoin!
not to mention that if government uses blockchain it will be centralized and we only care about decentralized solutions here.

I don't think so, because if we see now some of their governments are only interested in blockchain technology but they really hate and strictly prohibit bitcoin, like the Chinese government they continue to develop blockchain technology even they want to launch their own cryptocurrrncy with blockchain technology so people people in this country don't use bitcoin anymore.

If you say 2020 will be the year of the blockchain technology, not that it's correct, but it may just turn out to be true, but that wouldn't then make it bitcoins year. Many governments and businesses would use the bitcoin network this year and will continue to use it, but that wouldn't make them adopt bitcoin as a cryptocurrency for their use

It's also vise versa, my country is developing, but bitcoiners are growing massively here, but other than being used for bitcoin protocols, the blockchain technology isn't used at all.

The state or the country will not consider cryptocurrency as their currency, I think this is not the year or maybe no year will let the government accept it maybe allowed to use but they wouldn't recommend or promote using it, why?

Because it  can be use to do a money launder, second thing is that they wouldn't get tax from their citizens and last thing on my mind is that the government bank will not allow it to have a decentralized cryptocurrency to invade their country.

i love the way you deliver this thread and also the positivity on you but i don't think this will happen this soon mate.

government will always find things that will break the transparency and decentralization of cryptocurrency so there is no way they will accept this claim this soon.

maybe in another years or so let us see but not in this year.

That's right, I laughed a little about this. if the government really wants to be transparent, isn't it certain that they are adopting crypto and decentralization and maybe even they are developing it themselves for the benefit of the country's finances. but in reality they are even afraid, afraid of the country's finances will be shaken by the influence of bittcoin

Actually the government might never be interested in bitcoins or any other coin but they might consider using blockchain technology for the betterment of financial transactions. Blockchain itself is decentralized but by making few changes, it could be converted into centralized monetary system which would be used by the governments to set various applications over the network to make the payment methods more stronger and reliable.

Even the governments from various nations might be knowing the power of blockchain but the nature of blockchain being decentralized makes the centralized authorities neglect it. Blockchain might be the most advanced network for monetary regulations.

I think this wont really happen.  In fact lot of government in different countries denied accepting bitcoin as a currency because it was s decentralized one which they cant control its value so how you came up with this idea.

Only as a government that accepts bitcoin in its country and even then cannot control the value of bitcoin because it is decentralized so it is difficult to control and the government only legalizes it.
Still, I have read the news that this year many governments will adopt the blockchain but that is not a complete control, but only applying the blockchain system in the government so that it will be widely known and popular again in this year.

Basically your assumption is base on the current rate at which government of many countries have been involving into the Blockchain in solving so many problems of their dearest country. This actually has nothing to do with Bitcoin per se because, Bitcoin is different from the Blockchain. One could envisage that; the government will like to create their own coins than to dive into Bitcoin.

I think you misunderstood everything, BTC ≠ Blockchain technology.


The best scenario is 2017, we saw lots of negative news, but at the end of the year, we reaches all time high.


Did you just contradict yourself again? You say that it is getting more popular and now your claiming that people don't understand it or the concept of decentralization?

There is a difference between decentralization and transparency. Decentralization means giving the absolute authority and power regarding something to citizens whereas transparency means allowing citizens to view government's work however power to take decisions still lies with government.

Governments adopting blockchain could be seen as positive step towards increasing transparency between government working and citizens but it by no means meant that government is decentralizing any system.

I also agree, It will happen surely but not in this year. It first have to pass the many stairs of development. If users start working on its promotion in a serious way, this can happen in short period of time also. In the states where it is widely used like in China, people are fighting with the government for its status. Same would happen in other states also once people will get knowledge about it. Majority is authority so this would lead to the change in the status of Bitcoin.

The government and the country only want a centralized system blockchain. They will not accept and adopt bitcoin because of its decentralized nature. That means the government will only add new altcoins.

2020 is expected important year for the crypto market.Developed countries like dubai more serious with crypto,these governments believe that the crypto market will create more opportunities for the people.Investor who want earn passively the crypto will be best option for the investors.Crypto will be great opportunity for the students and people looking for jobs,They can earn from crypto and it will reduce the unemployment ratio in the country.

I don't think we can speculate about this.. countries that soon adopted Blockchain technology (such as China and several other countries) never made a statement about making Bitcoin a legal currency.  to be honest, if the government accepts Bitcoin then I'm very happy and support the policy.  the more countries that adopt Blockchain technology, the better it will be for mass adoption of cryptocurrencies.

It's been a long time ever since bitcoin has started its journey. It has faced countless controversies and crisis over the past few years even up until now. The only difference now is that there are some countries that are already accepting bitcoin as a mode of payment for different transactions, just like in Venezuela. Most of the rumors has already been falsified which helps a lot in making bitcoin more acceptable by the government. Amidst the conflict of being a decentralized currency and being under the government, the regulation of it is still a good thing for both sides even without crossing each other's limitation.

Corruption thrives only because the country has a weak government system, in many cases, their citizen does not participate and do not get organized. Transparent blockchain is good for the people, the point is to let people as a society to thrive, not governments! Governments are here to bring solutions not to block progress.

True indeed here is a news of Indian government taking initiatives with blockchain : https://community.nasscom.in/download.php?file=wp-content/uploads/attachment/15216-executive-summary-avasant-nasscom-blockchain-report-final.pdf

Blockchain is really starting to flourish around and soon we could even see certain restrictions over the use of blockchain. Because governments would now soon realize the risks associated with blockchain and bring some regulations over it too.

Have a look at this article also it explains other countries which are making some big inventions in blockchain :
1. https://www.blockchain-council.org/blockchain/top-10-countries-leading-blockchain-technology-in-the-world/
2. https://consensys.net/blog/enterprise-blockchain/which-governments-are-using-blockchain-right-now/

It is based on information available on the internet, in case you haven't read enough about the topic, it would be great if you read more about governments interested in using blockchain.

There are much better blockchain than bitcoin these days, not sure what source of news you reading, if you refer to btc, yes it is slow but not for a long time, LN is here to solve that issue. It might be expensive if a centralized organization will implement their own blockchain, but if they use or support existing ones then they don't have to spend resources owning all nodes, there is where decentralization takes place when individuals run their own blockchain node.

Bitcoin will even become popular this year because of the halving. We're all catching the moment of the bull run after the halving because we have seen the moments of those years after the halving.

The governments or any company is free to adopt the blockchain that they want because there are several projects that are offering this technology. It's always a separate thing, blockchain and bitcoin.

indeed with halving bitcoin there will be a lot of news circulating about the bitcoin event and maybe it will indeed have a very good price effect but you should know that the government only adopts blockchain technology but does not use bitcoin because they realize that bitcoin has very little supply of it will make bitcoin a place of price manipulation and is not suitable if used for transactions across countries because of limited supply.

Oh of course, all they want is to be more transparent and take care of us on another level, that's what they are thinking about every day and that's the reason of why some of them have sleeping issues.
Cmon, governments aren't that much interested in bitcoin implementation but they are interested to gain more control on it and they are doing it pretty well, as it seems lately.
I think you wanted to say blockchain instead of bitcoin and don't know exactly what you wrote? Cause according to every statistics, not bitcoin but blockchain is the most wishful technology to be adopted by governments and also demand on blockchain developers is rising significantly.

This is one example of government taking advantage of blockchain: https://explorecatena.com/


https://bitaccess.ca/blog/government-of-canada-ipfs/

As for your argument that bitcoin is gaining popularity, well its pretty obvious. But as what others have pointed us, bitcoin adoption is not equal to blockchain adoption. It doesn't mean that if governments are experimenting on blockchain will mean that they are going to be friendly to bitcoin as well, case in point China.

Bitcoin Technology is not illegal for most of the countries so it operates in a lot of countries and it is accepted by the government since they are not banning it for most of the countries in the world.

Having this bitcoin technology is actually essential to the government having this bitcoin asset, since it could be an assets for a lot of company that affects the economy of a country.
The thing is the government is not supporting this bitcoin technology since as a currency it is decentralized so the government cannot regulate this currency the market price could increase like what already happened in the market price today a 1 bitcoin already cost us a thousands of thousands of dollars, imagine if 1 dollar has this value. The government might support bitcoin but for sure it will just be a secondary currency and not going to be a countries main currency for sure.

the price for  ? supporting and speculating bitcoin   ? well hell yeah   . this forum also encourage people and those people go outside to encourage others too  .

that is true .  there are strict and there are free country but if im not mistaken , did i hear that all countries have unity before  ? i think it was with the world peace something   . who knows , what if that can happen again for the sake of accepting bitcoin and making bitcoin a global currency   .

You shouldn't believe everything you read in the internet.

I don't like to discuss about this topic... but I will try to be dry.

First of all, of there is a "better" blockchain, why bitcoin’s is the most valuable one? Think about it.

And no, lightning network has nothing to do with blockchain. It is an off chain solution. Do you know why it is called that? Because it is off the blockchain.

Private blockchains may be a thing in the future, but they are not now and there is no indication that they will be used by governments in a near future.

Really? What is the very good news about crypto that can make the government accept bitcoin technology, I also mean, what government?
The issue about the crypto world and government so far is likely something that cannot find a good deal.
The government, with many concerns, may really consider accepting Bitcoin technology for their country (read: every country has different rate and situation regarding to the bitcoin and crypto technology).

I am also sure that this year there will be many countries starting to accept bitcoin technology, namely the blockchain, although many
countries will still be maintain its old principles. Because in my opinion if the country does not keep up with technological developments
then the country can be left behind.We can see China as an example, China is a country that hates cryptocurrency. Especially bitcoin,
but now it is policy they change. Without any doubt the Chinese government supports blockchain technology and makes their own crypto
coins. And this will happen to the country others because sooner or later blockchain technology must be used, especially for financial
transactions. order is more transparent and effective.

Indeed China is leading by changing its policies in order to use blockchain and use its own cryptocurrency. Many other countries (governments) won't like to be left behind and will do the same. That is something we saw before with the internet.

The government of Dubai is already utilizing the blockchain within their systems. Every country is different, however, blockchain technology would definitely make processes more efficient and information more transparent.

this is the data of goverment statement with bitcoin
https://www.bitira.com/wp-content/uploads/2018/01/518x679-Government-attitudes-towards-cryptocurrency.jpg
https://upload.wikimedia.org/wikipedia/commons/2/23/Legal_status_of_bitcoin_%28new%29.png

the green positive mean bitcoin is legal, but not all legal in currency, some goverment use bitcoin as asset

other detail source you can see at here :
https://www.loc.gov/law/help/cryptocurrency/world-survey.php
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp

as far as I know, the government has long accepted blockchain technology, and I also know that some countries are currently developing a blockchain for their benefit. however, the thing they refused was, the use of crypto as a legal payment instrument, because it could put Fiat at risk. however, I think crypto will never be accepted as a currency, or a transaction tool, but it will be accepted as an investment tool and other technological development.

don't be exaggerated mate,never expect too much specially if you have no basis in telling such because this will bring frustrations not only in you but to all who will believe in your posts.yeah we are all or this to happen but we also know that so far this is impossible and no assurance of happening soon.
governments that hate Bitcoin is growing so there is no looking great in the near future.but of course reading like this are boosting our trust in crypto but not enough to hope tha.

This year actually has not actually a special one as years come and go. There is much lower chances of the governments to declare bitcoins as a mean of regulatory payments. This would actually change the entire world if ever this step is been taken by the governments but until now, considering the cross swords between the centralized and decentralized authorities I do not really think that the governments have any kind of intentions to consider including blockchain into their regulatory system.

Moreover, I do agree with you that any kind of news usually proves beneficial for bitcoins because the more people would know about bitcoins, the more they would wish to invest in. So, let the media continue sharing news about bitcoins maybe in positive or even negative way.

People talking about BTC is just looking another hype bubble, not true adoption. What we need is for them to actually use it.

Blockchain, while baing a secure system, does not outperform centralized databases, and is not always a viable option for businesses to use. It requires more processing power, and therefore more cost, because of intensive cryptographic hashing and chaining.

There are people looking to make money with BTC and there are others spreading BTC knowledge in order to reach mass adoption, others are creating apps in order to make BTC more useful and this is something that will occur and it is happening organically. It takes time, nothing is in a month or just one year!

Blockchain is still in progress, at this point is not outperforming centralized databases, but that doesn't mean it won't do it in the near future. it is a matter of time.
 

Government and transparency seem difficult to put together. To improve functionality it is very appropriate to use a blockchain but it must be thoroughly assessed and ensured appropriate because it requires no small cost. The centralized system is indeed the case because the government can provide full control, so it cannot be fully decentralized system can be applied. After all, blockchain and bitcoin can be adopted separately, so even if the government finally applies a lot of blockchains, it doesn't mean that bitcoin gets the same position.

BTC stay the first crypto and it will stay a control on others crypto. The reason to exist of this is, for me, the confidentiality and no country control and own this. The first problem with BTC today is severals mining farms have got contain the money.
#relictum.pro #relictumpro #relictcoin

But the problem is, this year is devastated already by many problems from its early start. Health related issues, wars and such. Although the tension between the two countries have somewhat affevted the price of Bitcoin, I do not still think that this year would be a year where more governments would adapt blockchain technology because they would more likely focus on issues such as stated. But it is still early, and assuming is not a bad thing.

Well, I am completely disagree with you, your opinion is not realistic I would guess, It is complicated for the governments in order to recognize Bitcoin especially with the presence of FIAT as the world economy , even most of Banks are against  cryptourrencies , that's fact. Plus, I don't really expect that in this year we are going to see significant developments  in Bitcoin except the halving event, but nothing is guaranteed in this field regrettably, but at least we need to be optimistic .

Their will come a time when botcoin will be considered an alternative form of exchange?please think again.As long as there is a decentralisation in the system, the chances are too slim

The good news or good thing is blockchain, and many organizations, government included are adopting blockchain for their own use. What government? Japan and Germany, for example, are pro blockchain countries. China government also considering to issue their own digital currency using blockchain.

If 2020 is not the government entrance to the blockchain, at least it is the beginning, others will follow suit sooner than later.

You should not mix up with bitcoins and blockchain. They both are a bit different. Bitcoins are been supported by the blockchain technology. Blockchain technology is the most advanced technology so far for payment methods. There also are some coins which have been started to move towards the centralized firms like XRP.

Moreover, the countries you mentioned are on a verge to launch their own coins but are not in favor of using bitcoins. More advanced and technical coin can be launched on the blockchain technology and that is what makes is much popular among those countries. We could sooner expect the blockchain networks getting accepted by majority of the countries for their own benefits.

Although it's not really happening today, don't be too negative about your thoughts. If you keep on having that mindset, you should stop using bitcoin now. Bitcoin is still developing and it needs more support from us users until it reaches the government. The government have strong power to promote and fully enhance the capability of making the economy good. After the government already adapted the blockchain, many countries will also used the blockchain technology if they see that it really enhanced the economic state of a country. We can't say what will happen next because bitcoin's price is still low compared to 2017.

Some of the government does not want to accept bitcoin as a part of their transaction because they are scared that it might replace their fiat money. Little did they know that it will help them to fasten the transaction that they have as of now and might be the trigger for a better economy since the faster the transaction, the higher the possibility that economy will rise up.

How is this going to be possible? Those who don't care about decentralized feature are the only one who will fully embrace bitcoin and government hates what they have no control over, merchants around the world accepting bitcoin as means of payment don't care about its decentralization but govs do.

Decentralization is what bitcoins stand upon. Bitcoins run on blockchain network and blockchain networks are decentralized which makes bitcoins decentralized.

There is no third party or any authorized party speculating the bitcoin transactions which makes it anonymous and also opens door to excess amount of profits. Know their nature, I do not really think that the governments would ever try to legalize bitcoins in order to use them in their payment methods because centralized authorities can never smoothly run with the decentralized systems. They both need to be considered separately and hence not mixing them up, government too would not assume accepting bitcoins into their local payments.

I agree that most of the government will accept Bitcoin also there are lot of countries who wanted to develop their own coin like China, Venezuela etc. public wanted to use their own countries coin rather than going for bitcoin.

And yes most of the governments wanted to increase their economy with the help of this also they have the capability to make their own coin as well...so I think it depends on the country and their government to make Bitcoin popular.

I'm sure it will but it will take some time as most of countries still hate it and they fear it. I hope they all will learn about this amazing technology and start accepting it as it is good for people as well as the government.

This is the mainly most of the government fear for bitcoin is decentralized. In 2018 crypto market was getting hardly collapsed. When btc is exposed negatively in everywhere. Also many government's cannot trust in this volatile platform. I hope 2020 can make changes governments sentiment to adopt btc. To develop any countries they have to connect in the btc technology and i think this another many countries will be accept bitcoin.                       

 if severals services can be paid in bitcoins, it's not the majority. while banq and states will not status on the subject, they will limit use. We need to wait severals years to see the bitcoins use grow up !!!

I heard about plan e in the case of involving of Blockchain technology in government's structure years ago. At first the talk was about 2018 and then, logically, about 2019. Nothing happen, yet. Such news, about the government which cooperate with Blockchain this year sounds to me more like FUD, for now. I know it will be done one day for sure, the government just has no way to escape it, but when exactly - I don't know.

Even though Bitcoin has been making names for a few years now, it is still early to say that it is being accepted by the government. There are still problems here and there that Bitcoin and the whole cryptocurrency need to surpass. I do agree that negative publicity is still publicity, I don't think this is good for Bitcoin in its early years. People might become aware but it isn't helping Bitcoin where it is in the position where positive hearsays count. In my country, Bitcoin was very popular back then but due to scammers using it as means to profit, Bitcoin lost its glory and was only tagged as a scam so it'll be much better if Bitcoin  would only receive good feedback for the time being.

This problem is very subjective for governments, intrinsically they are in the market through many of their financial advisors, but they cannot go against such overwhelming technology, it is logical that now with the problem of adoption, they find it easier Some governments accept Bitcoin. , especially Blockchain, as is the case in China.
Even from the CEO of Facebook, they have ensured that Bitcoin is the new digital gold, as Terry Duffy said here: https://twitter.com/CNBCClosingBell/status/1224450612269477897 (https://twitter.com/CNBCClosingBell/status/1224450612269477897)

This is correct, and what some governments are doing is implement blockchain but not decentralization. That is, they want to ride the blockchain buzzword but not truly commit to real transparency.

If they make a voting system using blockchain, they would need to release the source code and let anyone run nodes, and the equivalent to the wallet which what would allow unique votes. Most projects using the "blockchain" word don't do this, they are kept "internal" and centralized.

Of course having projects using "blockchain" has nothing to do with accepting "Bitcoin technology", they are just cherry picking one of the components.

It's already on the news and a lots of call and predictions are starting to come out from these very much known, 'experts'.

Nah, govt's are free to use bitcoin too. We have services like BitPay for which they can convert bitcoin payments to USD.

Its impossible for government to fully accept bitcoin because they can't take control, its that easy and simple, government don't like anything that can't be controlled  by them, it seems you aren't thinking very well, why are central bank creating their own digital currency now?

It is not always the case that government should control Bitcoin or any other things related to economy, it is just that, these entities needed a guidance or regulation to somehow government could have a way to interfere whenever it impose threat to the economy and welfare of the country. Thing of LGU's, they could freely operate to the country despite of government intervention in a case that they need to follow rules and regulations. Same applies to bitcoin and blockchain technology.

Blockchain will be the one which will be adapted and not bitcoin.
I don't think they agree with decentralization and freedom of the people to just use it or store it without anyone knowing how much.
If they don't sign any address in their profile or created a new address then it is kept from taxation.

Do you really think a government would like that?
Where will the Senators get their salary if there is not much tax?
At what way will they steal money from the people if there is no tax coming in?  ;D

how i wish this will happen soon,we have heard China is now starting to adopt BlockChain to their technology (but of course not Bitcoin)so no wonder who will follows next.
lol it falls badly in 2018 upto the beginning of 2019 so media succeed at some point of making bad statements regarding bitcoin,but also opportunity for us to buy more in cheaper price.
well that is their choice not to learn the word,but i doubt that they don't understand instead they are denying the fact that this is helpful in so many ways if they will open their mind.

I seriously hope for this to come true this year. And from what I have been seeing it seems like the government is starting to accept cryptocurrency. It’s starting small and very soon there will be a widespread adoption of Bitcoin. Banks in Germany has already been authorized to start storing and selling cryptocurrency in this 2020.

There were some oppositions but those are just some noisemakers who are never going to win because cryptocurrency is out to take over this time. There are also a few e-banking platforms that are working with cryptocurrency, we have Wirex and they offer one of the best services I have seen so far. Even BitPay wallet offer some good services that are similar to e-banking.

Agree, what the government will accept is probably blockchain technology as it provides a new usefulness and a new perspective on technology, Bitcoin will still be on the special list and the government will pay more attention to it because the frequency of Bitcoin being mentioned and used by citizens is rapidly increasing in each country, from an unfamiliar name it has become a well-known name. Unfortunately, it is a limited investment and evades the government, its benefits are focused only on individuals, the government will not be satisfied and do not accept it as a popular investment.

I somehow agree with this idea and it looks like there are no references to support his claims.

Yes there are a lot of benefits we can get from this new technology but on the other hand there are a lot of things to consider. If this will apply to a certain company that sells goods, it will be purely efficient and makes the transactions very fast. While in the side of the Consumer, it will be easier too for  everything will be automated once they order a single Item. However, there are security or privacy issues that should be keep in mind. Although every node has a copy of every transactions they should implement limited access to the consumer for they are not required to know every information.
Lastly, blockchain technology requires more power as it solve complex problems. This can be a burden to some countries that has larger price range for electricity.

This is not easy as many think. Though blockchain was powerful, there are some things to consider.

As blockchain arrives at a scaling watershed, there's one key separation that the world will come to recognize, one that devotees are likely effectively extremely acquainted with—the contrast between Bitcoin, Ethereum and other decentralizing advances Bitcoin's ascension to government acceptance in 2020 is visible but will be marred by volatility and decentralization,  which is the main reason government frawn upon. But it is hope to surpass previous acceptance records.

Thank God, that the benefits of bitcoin are focused only on individuals, which is a great thing never seen before from any other technology like blockchain, that is how decentralization works!

I don't know how we still see people not realizing that decentralization is what will change our society drastically for good and benefit everyone, bringing power and freedom back to the people.

In the last few years it seems that some people look at bitcoin as a religious sect where they have to pay homage to the sect every day. I say this because people no longer bet the disadvantages of bitcoin, it looks like a religious sect. I like bitcoin, but that doesn't mean I shouldn't look at bitcoin's advantages and disadvantages. OP, governments will not accept legalizing bitcoin anytime soon, make no mistake. there is still a long way to go to have mass adoption (i'm talking about seeing bitcoin being used all over the world as a means of paying for water, electricity, paying for school, paying for documents, buying food, buying a house, buying cars all using bitcoin)

and in this way we are helping it grow by putting waters everyday,just like this thread that has very positive content for our community .
while others are spreading FUD ,you are pushing good conversation about how Bitcoin will go thru years.
Keep this kind of positivity mate because we will all benefits from this.
depend in which government you are talking because there are some governments now that open their hands adopting Bitcoin.

If China and the EU working on centralized currencies using Blockchain technology isn't a reason good enough for you to consider a big move towards Blockchain is planned as we speak, you need a reality check.

I think this year we'll only get an idea of what the currencies will be like. It's a too quick to switch from fiat directly to digital, they'll need time to make us accomodate with the digital world.

What is few to you?
If you are not aware yet, even governments from the so-called third world countries are already studying or testing the technology behind bitcoin. That should suggest that the interest in applying the tech is constantly spreading.

Many politicians around the world probably don't even know what bitcoin is and how it works. It's mostly people from the traditional financial institutions that has issues with it.

None of the commodities have an advantage once they are been launched. They need to drastically generate a major demand for themselves which could attract attention from a number of people. Actually, at the initial stage everything seems impossible but the word impossible itself says " I Am Possible" so why should we lose our faith?

At this stage we might assume that it might never be possible for the governments to start regulating with bitcoins but we never know what exactly would happen in the future. Perhaps considering the advantages of use of bitcoins, the governments from worldwide would start liberating their citizens regarding bitcoins and how to earn a stable stream of income from bitcoins just to stabilize their economic conditions.

I also do not fully understand because for the past several years I have been involved with cryptocurrency there have always been unexpected surprises. Moreover, bitcoin is full of pros and cons. It could be that the blockchain is more adopted to improve performance, energy efficiency and time, but it also needs to be taken into consideration also regarding expensive funding.

We can divide this world in 3 groups for bitcoin as first one is developed those are bringing some soft policies and doing legislation for this second which are thinking to do something for this or creating own cryptocurrencies for own peoples like China Russia and some more and third which is most of developing they are not going to talk about this as they don't want to allow this in their countries corruption and some basic problems are still need some more intention for them.

I agree with your words. You saying lot of members just focus on Bitcoin price not about decentralization. Your words are not 100% true.

There is lot of new projects they focusing on development using decentralization technology.

Slowly governments also focusing this technology but it take long time to give results. Because they started very slowly.

Well, we don't know. All we know is that there are a lot of people that want bitcoin to be that main thing but the thing here is that it is not that easy to do. I read some articles about people or companies wanting to develop and the blockchain technology and it seems not working since until now we are still not seeing any updates or progress about it. I think we should step first to blockchain-based softwares or applications before we go to that step. It is a hard step and a long one but still, as long as bitcoin is there, the possibility of its technology to be used is still there.

How can you be so sure that this year (2020) will be the year that cryptocurrency will be acknowledge by some countries(specifically those who bans bitcoin)? Well, it's true that the cryptocurrency have been a widespread news in different country even though most of their news is about negativity like scam. We have no idea when will bitcoin be accepted in worldwide but of course we want it to happen this year.

because people tend to earn and not to learn and this is really sucks,because crypto will not progress if we will only look for profit but not the technology,this must be change and we need to start now.
wish that you name some of them because they must be addressed for others to check whom they are,because so many scam project now that is why they are being affected.
what would you expect from the government?when they are not really that open in accepting Blockchain ,and also Bitcoin?but sooner they will change mind and thats what they need to do.

Gbam, you just nailed it there. Many countries including mine wouldn't risk the idea of having a Blockchain and her digital that will stand as a transparent tool for their monitoring, rather they would like to continue with their usual ways. Most corrupt countries wouldn't dare to imbibe the idea of Blockchain and digital currency alongside decentralization, this will deprive them from fraud.

Bitcoins might have no relation with the government but the governments would always poke their nose in between the bitcoin transactions. This might even lead to the centralization process of bitcoins only because the governments have the verge to start accepting bitcoins in their financial monetary systems.

At the current situation, we could see no such intentions and the max we could see is some of the governments thinking to ban the circulation of bitcoins but this has never been possible for them so perhaps they might lose this thought. Some major changes in the blockchain network would generate a most profitable currency for the governments which can even be a national currency but the changes needed would be excess and it might also lose the originality of bitcoins.

Every new technology doesn't get accepted at first. But when people start to realize its worth, gradually people start to get acquainted with it and the number of users start to rise. Like so, 2020 will be the year when more and more people will get access to bitcoins and more specifically - bitcoins and more governments are starting to realize its worth and are accepting bitcoins.

It cannot be denied that many governments see Bitcoin and cryptocurrencies in a very entertaining way, because they know the great potential that exists, seeing so much capitalization of money in a short time that they are beginning to establish the best offers for the creation of their own Cryptocurrency or stablecoin, blockchain has opened these doors directly to governments and banks.

Many people think that Blockchain is always associated with cryptocurrency or digital currency, (in this case it can't be said wrong either), because Bitcoin is a digital currency that originally used blockchain technology, for this reason it can be said that the blockchain is the first category to use the financial sector, so there is no harm in people thinking the blockchain is a system related to crypto.

If it is associated with a government that uses blockchain technology today, it does not mean that the government accepts and transacts with crypto or bitcoin.

For that the benefits of blockchain in the field of government are very broad, blockchain is actually not only used on digital money.

Blockchain is a digital data storage network system, which is said (multiserver), which is in the body of Blockchain technology, data can automatically be replicated and verified to other server users.
The government is more familiar with Blockchain is a master ledger that helps in data storage.

Filtered governments are using the blockchain technology system on taxation, banks, population offices, etc, the data used is more accurate and guaranteed security and so on.

That's what the blockchain technology says, can be used to store data accurately and quickly in access to various countries online.

So, don't think that the government that uses the blockchain technology network is all the government accepts bitcoin and is associated with cryptocurrency, blockchain and bitcoin are different, blockchain is a network for transactions and data storage and currency bitcoin is called crypto.

Today there are a lot of people stating that year of 2020 is the most profitable year after the bitcoin started in 2017 because some of us understand the market graph of the crypto especially the bitcoin we are getting more information from the previous years how does it work still, for now, we do need to take a lot of information because all of the information came from the analysis and data came from the internet and base in our experience are just still not reliable who all know that the market price of the cryptocurrency especially the bitcoin is volatile even we have a good data and information of the people declined the bull run of the market there is a chance it will lose and becomes not informative. But there is a chance that the price of the bitcoin will increase after the halving because this applies the law of supply and demand that the quantity of the coin goes down and starting the market value goes up rapidly.

Exactly. I just don't see bitcoin technology or bitcoin itself getting adopted by major countries on this year. There are still huge speculations revolving bitcoin itself and it's harder to banish than what you think it is. They have to ensure that bitcoin could be profited from. That being said, most likely that the government itself will be the ones who'll use bitcoin or bitcoin technology before the commoners. This is to also ensure that there wouldnMt be any losses on the common people's party. So there might be some good news happening this year because after all the halving is coming, but I don't see massive changes coming up this year.

Can you count how many country who still ban bitcoin? It is a few I guess.

Most of countries right now have accepted bitcoin to be use by citizen, but not for payment system.

But at least we have to take advantage of by this situation, we can spread freely about bitcoin to all people in order to they use it and I believe when many people now about bitcoin the government will use bitcoin as their money fiat.

Saying that the government accepts bitcoin is probably a relatively reluctant problem because action from the government with bitcoin right now is just an integration effort, bring Bitcoin become a part of life when the process of blocking Bitcoin is too late but obviously, the government doesn't really want bitcoin to be widely circulated in the market and used by people. Tax evasion and the risk of investing in bitcoin have always been a concern for the government, the technology has yet to be unified and popular, and the government needs more time to investigate bitcoin

Perhaps this year 2020 can repeat the bullish event like in 2017; after2 years the market might be ready for that. Plus if more governments adopt blockchain that will motivate more people to buy their first bitcoin tx.

I don't think it is entirely true .
This year the USA is throwing some shade on bitcoins and sure to Corona virus in China , the miners would be faced with difficult situations too.
I do think that this is not the year for Bitcoins being accepted by the government , it's like every one year when we have both positive and negative news.
Also the year have just started it's just been 2 months therefore I do not think we should make comments about this year anytime soon.

That would be the scenario to come but guess we are still speculating for that things since I don't think we can reach  that far for now since it's really hard to pass this up to  the taste of the government since  there will be a conflict of interest will be hit especially in fiat matters,  But we still doesn't know on what will happen in future and we really need more  positive news to get a positive outlook on cryptocurrency ecosystem.

I'm not as optimistic in thinking that 2020 would be the year most governments would accept crypto as the break through technology. I do, however, believe there will be tremendous progress made towards accepting BTC payments very much in the same way as credit card payment.

A good example is how a municipality know for its ski resort in Swiss accepts BTC as payment for government services. You can find the source here (https://news.bitcoin.com/zermatt-bitcoin/).
This is the type of acceptance we would experience this year, not yet a global wide crypto payment acceptance.

I really hope that your predictions will come true. In fact, this is not the first time I hear about the adoption of blockchain technologies by governments. A piece from Consensys contains data about already existing cases of blockchain usage by governments – https://consensys.net/blog/enterprise-blockchain/which-governments-are-using-blockchain-right-now/. I hope that 2020 will be the year of worldwide blockchain adaption.

What are the reasons?? I don't see any news telling more governments to adopt Blockchain or Bitcoin this year. If you got the issues from some sources, it is better to enclose here as the proofs. But if it is only in your opinion, I'm sorry to say that it is doubtful.

Bitcoin is always popular and more than other crypto coins. Even in 2018, when the crypto world is in a bad season, Bitcoin still became the favorite for investment. You said, "it keeps growing", means that Bitcoin is always safe to buy and hold. 

2019, For example, it was the year of blockchain, as you can see the media in that year there were many articles talking about that, now there are many about governments planning and participating more in blockchain, each year has like a special topic, let's see what would be the main one next year.

this is only an estimate year but we all know it will be harder to happen,because just like other years there are mostly banning and regulating happens that adaption so what tells the reality?though hopes are indeed from all of us whos believing that world needs Bitcoin and Blockchain to be adopted.
nothing is impossible in technology mate,so better not say such thing since you are also involves in this market.

if the government find decentralization can help then why they will deny this?though maybe not now but there will be a chance.

Very well said, :) Governments will surely ignore this kind of technology and one of the reasons is corruption that would stop them from stealing money in their specific country but I'm not saying all governments are corrupt but most of them are.
Big companies have a higher chance of using Blockchain technology to solve most of their problems.

It is not about decentralization or whatsoever that the government cannot handle by their hand, it is about transitioning from physical to digital, tokenization to be exact. There are many countries that has already admitted that crypto is useful and in fact it is the best asset now. What I call the big three, USA , China and Russia are having the regulation on process, so it would not be long for us to experience a digitalized era.

The state or the country won't consider cryptocurrency as their currency, i feel this is often not the year or even any year the govt are going to be allowed to use it but they're going to not propose or sell , why?

Since it are often used for concealment , the second thing is that they're going to not receive tax from their citizens, and therefore the last item on my mind is that the govt bank won't allow them to possess a decentralized cryptocurrency in their country.

2020 it seems to me will be remembered because of COVID-19 more, it is a pity, of course...and lots of people nowadays refocused their attention to the problems of how to earn, staying at home. And of course freelancers and people who are going into the crypto world, they have more benefits than those who left their offices and stay at home without any income. So digital coins are more preferable nowadays for lots of people. I think that yes, BTC will become even more popular in future.

Now they see all benefits that Bitcoin offers. I am sure that some government recognizes the true potential of Bitcoin and those countries will advance faster than others. Time will tell who was right, but embracing Blockchain technology in its early days has some benefits.
2020 is just the start. We have the entire decade to make see some changes and I believe they will happen! Long live Bitcoin!

We still don't know if the pandemic is permanent or temporary. None can estimate for how long we have to stay home. People still not interesting finding an alternative to avoid physical contact or to get an online job. Simply because other digital methods of paiement are still available. BTC is already popular for those who need it, i think it's too early to say that it will be widely accepted as official paiement process.

Also, we have seen that in 2020 which we are now, many governments have imbibed with the mindsets of building a robust Blockchain technology for their respective countries. We have seen South Korea and North Korea among other nations around the world to start looking at the possibility of accepting Blockchain technology to better the life's of the citizens. 2020 will not only be for adoption of Bitcoin but also a global acceptance of Bitcoin, Blockchain and its technology.

Maybe so, I think that, rather than it being just 1 year with lots of countries adopting, it'll be a slow progression, we've already seen countries make steps in the right direction, I think this quarantine situation is also helping, have you noticed how many government processes that required you attend physically have moved online instead? It won't stop soon either!