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Author Topic: Government & Bitcoin  (Read 70802 times)
goinmerry
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March 10, 2016, 08:24:02 AM
 #561

If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.

bitcoin it's not a company, bitcoin can not work "together" with anyone, it's decentralized, it's the government that need to accept it or ban it if they want, but they know they cna not do it

so in the end it's better for them to regulate this crypto currency and retrieve some taxes

True. No one owns it that is why it will be hard for them on how to control because there is no one to control. Erasing it from the online world will only be the action that they can do.
trenchflaint
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March 10, 2016, 08:29:58 AM
 #562

If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.

bitcoin it's not a company, bitcoin can not work "together" with anyone, it's decentralized, it's the government that need to accept it or ban it if they want, but they know they cna not do it

so in the end it's better for them to regulate this crypto currency and retrieve some taxes

True. No one owns it that is why it will be hard for them on how to control because there is no one to control. Erasing it from the online world will only be the action that they can do.


It will be hard for the government to control the people who use bitcoin,they will be a dictator if they implement that and people dont like dictatorship.
quentincole32
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March 10, 2016, 08:30:31 AM
 #563

If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.

bitcoin it's not a company, bitcoin can not work "together" with anyone, it's decentralized, it's the government that need to accept it or ban it if they want, but they know they cna not do it

so in the end it's better for them to regulate this crypto currency and retrieve some taxes
How about argentina government? They looks "work together" with bitcoin after their economy crisis, bitcoin mentioned could save them.
And argentina president looks support about using bitcoin and so far there is no taxes for anybody who hold bitcoin.

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goinmerry
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March 10, 2016, 08:38:47 AM
 #564

If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.

bitcoin it's not a company, bitcoin can not work "together" with anyone, it's decentralized, it's the government that need to accept it or ban it if they want, but they know they cna not do it

so in the end it's better for them to regulate this crypto currency and retrieve some taxes
How about argentina government? They looks "work together" with bitcoin after their economy crisis, bitcoin mentioned could save them.
And argentina president looks support about using bitcoin and so far there is no taxes for anybody who hold bitcoin.

For real? Might do some research here and I hope it is not a hoax. But if this is real then how would they do it. How about the export and import of materials and other things. Will it be paid by bitcoin?
Amph
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March 10, 2016, 10:12:52 AM
 #565

If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.

bitcoin it's not a company, bitcoin can not work "together" with anyone, it's decentralized, it's the government that need to accept it or ban it if they want, but they know they cna not do it

so in the end it's better for them to regulate this crypto currency and retrieve some taxes

True. No one owns it that is why it will be hard for them on how to control because there is no one to control. Erasing it from the online world will only be the action that they can do.


It will be hard for the government to control the people who use bitcoin,they will be a dictator if they implement that and people dont like dictatorship.

they just need to regulate so they can earn taxes and let people use it, it's a win win for both side
benmartin613
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March 10, 2016, 10:20:28 AM
 #566

If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.

bitcoin it's not a company, bitcoin can not work "together" with anyone, it's decentralized, it's the government that need to accept it or ban it if they want, but they know they cna not do it

so in the end it's better for them to regulate this crypto currency and retrieve some taxes

True. No one owns it that is why it will be hard for them on how to control because there is no one to control. Erasing it from the online world will only be the action that they can do.


It will be hard for the government to control the people who use bitcoin,they will be a dictator if they implement that and people dont like dictatorship.

they just need to regulate so they can earn taxes and let people use it, it's a win win for both side

I wonder how are they going to tax bitcoin since blockchain is the main core for all transaction for bitcoin?
Amph
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March 10, 2016, 10:57:10 AM
 #567

If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.

bitcoin it's not a company, bitcoin can not work "together" with anyone, it's decentralized, it's the government that need to accept it or ban it if they want, but they know they cna not do it

so in the end it's better for them to regulate this crypto currency and retrieve some taxes

True. No one owns it that is why it will be hard for them on how to control because there is no one to control. Erasing it from the online world will only be the action that they can do.


It will be hard for the government to control the people who use bitcoin,they will be a dictator if they implement that and people dont like dictatorship.

they just need to regulate so they can earn taxes and let people use it, it's a win win for both side

I wonder how are they going to tax bitcoin since blockchain is the main core for all transaction for bitcoin?

if amazon or big merchants accpet bitcoin, it will be easy to track every one of your shipment
haileysantos95
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March 10, 2016, 11:43:00 AM
 #568

If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.

bitcoin it's not a company, bitcoin can not work "together" with anyone, it's decentralized, it's the government that need to accept it or ban it if they want, but they know they cna not do it

so in the end it's better for them to regulate this crypto currency and retrieve some taxes

True. No one owns it that is why it will be hard for them on how to control because there is no one to control. Erasing it from the online world will only be the action that they can do.


It will be hard for the government to control the people who use bitcoin,they will be a dictator if they implement that and people dont like dictatorship.

they just need to regulate so they can earn taxes and let people use it, it's a win win for both side

I wonder how are they going to tax bitcoin since blockchain is the main core for all transaction for bitcoin?

if amazon or big merchants accpet bitcoin, it will be easy to track every one of your shipment

Then how about the tax issue,will amazon fill a income tax return from bitcoin transaction?.
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March 10, 2016, 11:51:01 AM
 #569

If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.
If this happens we can say that a rather new revolution is happening in bitcoin and its price will increase, however in my opinion it is very far to happen.

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n0ne
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March 10, 2016, 11:59:23 AM
 #570

If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.
If this happens we can say that a rather new revolution is happening in bitcoin and its price will increase, however in my opinion it is very far to happen.

That should never take place, because at any point if government compromises with bitcoin there arises an issue of controllability. This control will automatically taken by the governments which leads to collapse.

quentincole32
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March 11, 2016, 07:18:57 AM
 #571

If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.

bitcoin it's not a company, bitcoin can not work "together" with anyone, it's decentralized, it's the government that need to accept it or ban it if they want, but they know they cna not do it

so in the end it's better for them to regulate this crypto currency and retrieve some taxes
How about argentina government? They looks "work together" with bitcoin after their economy crisis, bitcoin mentioned could save them.
And argentina president looks support about using bitcoin and so far there is no taxes for anybody who hold bitcoin.

For real? Might do some research here and I hope it is not a hoax. But if this is real then how would they do it. How about the export and import of materials and other things. Will it be paid by bitcoin?
Sure I found this article http://digg.com/2016/argentina-bitcoin , it say argentina crisis after crisis make it fertile ground for radical financial experiments like bitcoin.
Also in this article say a legal status of bitcoin in argentina http://cointelegraph.com/news/argentinas-new-president-good-news-for-bitcoin-bad-news-for-inflation .
I see there is a very welcome from Argentina government to acquire bitcoin. Can't see a concrete thing about how argentina government and bitcoin "work together" but with that fact, clear enough to see how argentina government deal with bitcoin.

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Kingno.1
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March 11, 2016, 08:35:42 AM
 #572

Bitcoin is very effective and user friendly way for business.
You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money. As soon as government will realize it's importance, it will start imposing taxes on it also Sad
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March 11, 2016, 08:51:31 AM
 #573

If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.

bitcoin it's not a company, bitcoin can not work "together" with anyone, it's decentralized, it's the government that need to accept it or ban it if they want, but they know they cna not do it

so in the end it's better for them to regulate this crypto currency and retrieve some taxes

True. No one owns it that is why it will be hard for them on how to control because there is no one to control. Erasing it from the online world will only be the action that they can do.


It will be hard for the government to control the people who use bitcoin,they will be a dictator if they implement that and people dont like dictatorship.

they just need to regulate so they can earn taxes and let people use it, it's a win win for both side

I wonder how are they going to tax bitcoin since blockchain is the main core for all transaction for bitcoin?

if amazon or big merchants accpet bitcoin, it will be easy to track every one of your shipment

Then how about the tax issue,will amazon fill a income tax return from bitcoin transaction?.


yes they can probably declare everything for you also, when they declare their income per year
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March 11, 2016, 06:04:58 PM
 #574

The sharing economy is just going to continue to grow, and governments will be challenged to understand and manage its implications while embracing its benefits. However, governments will be at a significant disadvantage if they wait too long and newer technologies and markets will have already been developed that do not follow traditional models. Think of the following: Uber is the world’s largest taxi service and owns no cars. Airbnb provides lodging yet does not own real estate.

How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
so far,i dont see any complaint from any goverment about bitcoin transaction and bitcoin adopting from civilian,but i'm sure they have considering bitcoin as econimic movement,this is will be a big duty for Economic ministry in each country to make some rules for bitcoin.
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March 11, 2016, 06:23:50 PM
 #575

I think bitcoin has no government and we are free to use it.. Only the fee as taxes we need to pay is the every transaction you made to some.. But not all wallet has a fee for every transaction you made.. like coinbase.. .No one can control bitcoin we are anonimous so we should need a freedom using bitcoin..

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Bitcoinbro
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March 11, 2016, 09:09:19 PM
 #576

I think bitcoin has no government and we are free to use it.. Only the fee as taxes we need to pay is the every transaction you made to some.. But not all wallet has a fee for every transaction you made.. like coinbase.. .No one can control bitcoin we are anonimous so we should need a freedom using bitcoin..

The thing is governement control or try to control people and tax them. With bitcoin they got 2 reasons reasons to control bitcoin.
Which makes bitcoin vulnerable to new regulations. As you can see many governements already tax bitcoin income.
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March 12, 2016, 03:03:19 PM
 #577

They wont be controling the bitcoin ,just the porfolio each one has will be exposed,to them,soo you can keep trading the same way you do now but knowing that they governement knows what you are doing ,and wont block your funds asking were the money came from.
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March 13, 2016, 03:50:48 AM
 #578

They wont be controling the bitcoin ,just the porfolio each one has will be exposed,to them,soo you can keep trading the same way you do now but knowing that they governement knows what you are doing ,and wont block your funds asking were the money came from.

Bitcoin is not just about trading.  Roll Eyes
It is about a lot more than that, and the government may not like it. They lose control over the flow of money. You can easily send your bitcoins out of the country and the government can do nothing about it.


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March 13, 2016, 01:08:13 PM
 #579

They wont be controling the bitcoin ,just the porfolio each one has will be exposed,to them,soo you can keep trading the same way you do now but knowing that they governement knows what you are doing ,and wont block your funds asking were the money came from.

Bitcoin is not just about trading.  Roll Eyes
It is about a lot more than that, and the government may not like it. They lose control over the flow of money. You can easily send your bitcoins out of the country and the government can do nothing about it.

That's true and that is the reason they are not supporting bitcoins as they don't have any control over it, as whatever amount you hold in your wallet no one would be aware about it that what exact amount of bitcoin you have.
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March 14, 2016, 04:47:28 PM
 #580

Governments dont need to take care and control everything,they rule already a country soo bitcoin belongs to the people.Giving back to the people the power to choose what you wanna to do with your money.They dont control the fiat soo why would they like to control bitcoin,they should tax it and let it free otherwise no one will say that own bitcoin.
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