How can we get govts to help with Bitcoin development?

[cbeast]

Bitcoin is not a private enterprise. It is a movement of, by, and for the People. Why is government afraid of it? We need help getting this technology out there to improve the world. It would at least make sense for governments to spend some of that "Black Money" to support development. Even if all they do is work on creating analytics and crime-fighting systems it would help to improve the economies of Main St. where the banks are not helping. Bitcoin is an amazing technology and all I hear from goverment officials is FUD.

Let the libertarian flames begin.

[pedrog]

A libertarian asking for government help, that's new!

You want support from big government for something you like, and you think is going to benefit everybody, welcome to Socialism!

And you can get help from government, just apply for scientific grants on cryptography/mathematics investigation, if you have a good project you may win. 

[benjamindees]

By god, you're onto something.  I don't see why we never thought of this before.  We could just have the Federal Reserve print money to support Bitcoins.  That will solve everything!

/s

[Snail2]

It's easy. Just give up all your libertarian principles, be a part of the system and voila the govt will "help" you  .

[firefop]

I think the only hope for this is some place like kenya or somolia adopting bitcoin as it's national currency. If that were to happen, whatever government they had would have an interest in global adoption and in keeping the currency sound.

I don't see it happening from any nation with an already functioning fractional reserve system tho (which is really too bad, if Canada had any balls mintchip would have simply been a government issued bitcoin key pair that used some random information and the persons SIN number as seed.

[AliceWonder]

Bitcoin is not a private enterprise. It is a movement of, by, and for the People. Why is government afraid of it?

If you control the money flow you control the power.

Governments and banking understand this.

Bitcoin gives that power back to the people.

That's why government is afraid of it.