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jkrules
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March 23, 2016, 06:11:44 PM |
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Some had quoted if bitcoins were adopted by government the corruption decreases. Its not fair bitcoin will reduce corruption. It increases the ease of getting corrupted.
It can be used to reduce corruption BUT if it changes the regulation, for example if one person can own only one address since by bitcoin all transactions are traceable. However this way bitcoin concept will change. Governments of all countries are not same and when we talk or think about the government the first thing comes to our mind is the corruption. Most of the government employees are involved in scams or corrupted activities so it becomes difficult for a ordinary person to trust them. when it comes to bitcoin I don't think that corrupted government will come in support of bitcoin. |
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diegz
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March 24, 2016, 02:39:46 PM |
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Well as of this time I haven't heard that our government has mention bitcoins in their offices. I really hope that they will not think that bitcoin in some point is gonna be bad in the economic status of the country. But there are a lot people here who are aware and part of bitcoin, yet no negative thoughts about it..
In where we live, government has an idea about bitcoin, as there are exchanges who of course get their business permit..I think government is not yet reacting on bitcoin existence , it is because even its people lacks knowledge about bitcoin, and perhaps the reason is that ISP's sucks, and people would prioritize their daily living than buying a computer.. |
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richmcrich
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March 24, 2016, 03:18:14 PM |
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Governments like regulating stuff, They don't like keeping things working as they do and prefer putting additional restrictions over everything, That's the main problem countries like China and Russia don't like about bitcoin IMO, it's open source and world wide uncontrollable nature.
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jack1111
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March 24, 2016, 05:25:42 PM |
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I think the blockchain and bitcoin technology can affect in financial system of any country , because they can't control by it , so for that governments fight against bitcoin .
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Mr. Big
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While my guitar gently weeps!!!
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March 25, 2016, 06:41:37 AM |
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Governments like regulating stuff, They don't like keeping things working as they do and prefer putting additional restrictions over everything, That's the main problem countries like China and Russia don't like about bitcoin IMO, it's open source and world wide uncontrollable nature.
Yeah that's right, probably government knows how bitcoin works and they know that its hard to have control on it...Probably if they come up to a solution on how to regulate bitcoin then probably tax would be imposed..But so far now, bitcoin is far from being controlled by the government.. |
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trenchflaint
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March 25, 2016, 06:48:47 AM |
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I think the blockchain and bitcoin technology can affect in financial system of any country , because they can't control by it , so for that governments fight against bitcoin .
The financial stability of a country can really be hurt if all people in a certain country is using bitcoin,the government wont allow that to happen when they see that bitcoin is hurting them. |
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Amph
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March 25, 2016, 07:18:42 AM |
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Governments like regulating stuff, They don't like keeping things working as they do and prefer putting additional restrictions over everything, That's the main problem countries like China and Russia don't like about bitcoin IMO, it's open source and world wide uncontrollable nature.
there is one reason why they want tor egulate it, to have their cut on the profit, basically they want their taxes at all cost the government is a giant legal scam, so the term "regulate" is just a way to say "we want your money"... |
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romero121
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March 25, 2016, 07:26:38 AM |
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I think the blockchain and bitcoin technology can affect in financial system of any country , because they can't control by it , so for that governments fight against bitcoin .
Bitcoin and its technology won't interfere in the country's economy. Bitcoin is just a currency that is gonna get used equal to local currencies. |
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xht
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hey you, yeah you, fuck you!!!
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March 25, 2016, 09:41:05 AM |
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As long many companies would accept bitcoin, i think government can't stop the adoption of bitcoin. i'm sure they're going to realize of the benefits from bitcoin.
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jkrules
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March 25, 2016, 10:09:51 AM |
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As long many companies would accept bitcoin, i think government can't stop the adoption of bitcoin. i'm sure they're going to realize of the benefits from bitcoin.
Don't expect government to be so generous to the country. They are busy in making their own money and buying their own bread n butter. government will never support the bitcoin as a currency as they know it can be end of corruption if they adopts bitcoin |
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alisafidel58
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March 25, 2016, 10:16:44 AM |
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As long many companies would accept bitcoin, i think government can't stop the adoption of bitcoin. i'm sure they're going to realize of the benefits from bitcoin.
Don't expect government to be so generous to the country. They are busy in making their own money and buying their own bread n butter. government will never support the bitcoin as a currency as they know it can be end of corruption if they adopts bitcoin Bitcoin wont really get any support from the government unless the government can make profit from all bitcoin transaction that is coming in and out of their country. |
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Denker
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March 25, 2016, 10:40:56 AM |
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As long many companies would accept bitcoin, i think government can't stop the adoption of bitcoin. i'm sure they're going to realize of the benefits from bitcoin.
Don't expect government to be so generous to the country. They are busy in making their own money and buying their own bread n butter. government will never support the bitcoin as a currency as they know it can be end of corruption if they adopts bitcoin On the other hand the governments will have hard times to make people not using Bitcoin. They can spread as much FUD they want and ban it officially.If Bitcoin keeps on going to be useful and will have advantages in ways governments money can not compete people will use it no matter what. |
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tyz
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March 25, 2016, 10:49:49 AM |
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Where do you come from? Maybe you should set up a local Bitcoin foundation and make more marketing when corruption is that widespread. In my country Government and bitcoin are like two sides of a coin, as I don't see that Government in my country will ever stand by bitcoin as it will end of all their corrupted activities if bitcoin gets on mainstream.
In where I live, bitcoin is not growing very fast, and probably government is not yet interested in it..I don't think that it will end the corruption in the government when bitcoin if bitcoin is been adopted |
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randy8777
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March 25, 2016, 10:57:02 AM |
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I think the blockchain and bitcoin technology can affect in financial system of any country , because they can't control by it , so for that governments fight against bitcoin .
Bitcoin and its technology won't interfere in the country's economy. Bitcoin is just a currency that is gonna get used equal to local currencies. it depends. nowadays everything becomes more and more digital. if at some point even in the less wealthy countries the way people do payments becomes more digital, then bitcoin can definitely shake up the economy there. especially because governments and banks can't do anything to control bitcoin. that's their main worry. |
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armansolis593
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March 25, 2016, 11:32:21 AM |
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I think the blockchain and bitcoin technology can affect in financial system of any country , because they can't control by it , so for that governments fight against bitcoin .
Bitcoin and its technology won't interfere in the country's economy. Bitcoin is just a currency that is gonna get used equal to local currencies. it depends. nowadays everything becomes more and more digital. if at some point even in the less wealthy countries the way people do payments becomes more digital, then bitcoin can definitely shake up the economy there. especially because governments and banks can't do anything to control bitcoin. that's their main worry. Well if the government cant control their people to stop bitcoin then we might see some sort of mandatory inspection from the government as they can profit from people who are using it. |
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rio3233
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March 25, 2016, 11:51:23 AM |
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I think if government accepted bitcoin in that country, i'm sure bitcoin will more popular and some people will start using bitcoin for pay or buy something. And of course it will make bitcoin price increase.
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vendetahome
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March 25, 2016, 11:58:53 AM |
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Well to be honest you should do with it whatever you want though it would definitely be a good idea to buy a house with your bitcoins
If I had enough bitcoins to buy a house after a huge growth I would definitely do that as it would make me a lot of money and I wouldn't have anywhere where to put it
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KennyR
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March 26, 2016, 03:13:02 AM |
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I think if government accepted bitcoin in that country, i'm sure bitcoin will more popular and some people will start using bitcoin for pay or buy something. And of course it will make bitcoin price increase.
No country will officially accept the bitcoin usage. The major reason behind it was the reduction in use of their own national currency which makes their economy down. |
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aardvark15
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March 26, 2016, 12:37:21 PM |
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As long as countries allow bitcoin to be used by merchants or to transfer or store money, then I think bitcoin will be fine. So far that's basically what's happening in a lot of countries. Bitcoin just needs to be more well known so more people will use it.
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armansolis593
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March 26, 2016, 12:49:46 PM |
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As long as countries allow bitcoin to be used by merchants or to transfer or store money, then I think bitcoin will be fine. So far that's basically what's happening in a lot of countries. Bitcoin just needs to be more well known so more people will use it.
Bitcoin is free to use right now without the consent of the government,but sooner or later the government will do something about the bitcoin. |
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