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Author Topic: Government & Bitcoin  (Read 70847 times)
McKane
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October 21, 2017, 10:49:00 PM
 #1021

Bitcoin technology can affect in financial system of any country.But there are a lot people here who are aware and part of bitcoin, yet no negative thoughts about it.
Bitcoin cannot effect any financial system of country because bitcoin is giving must boost to them bitcoin can bring a lot of money to your country you are becoming rich by bitcoin so your country also becoming rich by you. So these thoughts are negative we should ignore these thoughts and be with bitcoin forever because bitcoin is a game changer.

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pendekar cinta
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October 21, 2017, 11:03:32 PM
 #1022

I think it would be better if the government gave the terms that must be formally approved by both parties so that the business being run by the entrepreneurs did not experience significant problems that could lead to conflicts and even social tensions. The most priority among government and employers was to be able to understand each other in order to create a profitable.

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October 21, 2017, 11:40:58 PM
 #1023

Only few governments were focussing much over the growth of bitcoin as well other digital currencies, as it had some major impact over the country's economy. No government will support the adoption and usage of bitcoin in their country if the government is corrupted. It is a threat to the government and the banking system as a whole.
winterland
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October 22, 2017, 03:53:20 AM
 #1024

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.
They will have to adapt as well, governments as we know them will disappear the same way cabs and hotels are going to disappear as well, that does not mean governments are going to stop existing, what it is going to happen is they are not going to be as big as they are now and that is a good thing.
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October 22, 2017, 03:58:33 AM
 #1025

Government and bitcoin at some point creates a common stand, because now governments have been much interested in the technology behind bitcoin, but we're not much interested in adopting bitcoin because of the decentralized form. Maybe in future looking after the countries that have been growing good in economy through bitcoin, other countries too might start adopting it.

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tkamal
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October 22, 2017, 04:22:48 AM
 #1026

The growth of Bitcoin turn around by Government and look in deep how it works and they start realizing the fact of technology to be adopted on its flow so nothing is very serious about it for sure and no other option left by the government in near future to accept bitcoin for safe financial system.

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MrZ28s
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October 22, 2017, 05:15:30 AM
 #1027

We are in a fast changing of technology. The governments are just fine because they will soon adopt when necessary. Governments are supposed to be make sure everything adopted and used are beneficial to its populace. The problem sometimes is corruption and power. Financial institutions are controlling the world system and are many times affecting governments effectivity.
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October 22, 2017, 05:32:45 AM
 #1028

We are in a fast changing of technology. The governments are just fine because they will soon adopt when necessary. Governments are supposed to be make sure everything adopted and used are beneficial to its populace. The problem sometimes is corruption and power. Financial institutions are controlling the world system and are many times affecting governments effectivity.
Right, Internet Of Things should be happens on future. But I've no idea may sure, technology blockchain able to help goverment.
Like you said, those on future possibily corruption will be happens.
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October 22, 2017, 06:06:43 AM
 #1029

Bitcoin is currency which affect the country economy and government is already give a look to the adaptation policy of bitcoin. Some of the countries government is allowing this crypto currencies in their countries to allow for payment of many things. If a strong government allowed the bitcoin I think the bitcoin value will be higher and because of this it will be a bright future.

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October 22, 2017, 06:31:36 AM
 #1030

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.

This is a fact that our ways of doing businesses is evolving along with the new rising technologies, that is a good thing for both the consumers and the providers because they are given the advantage. Now, it is true that if the government is not gonna adapt to what is happening around them, then I think, problems will just keep on coming and solving it would just lead to more problems.

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October 22, 2017, 06:34:25 AM
 #1031

this is big information, I Feel other nation will pursuing japan action. Japan Proposes Definition for Bitcoin in Bid to Regulate Exchanges
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October 22, 2017, 07:04:13 AM
 #1032

Bitcoin is currency which affect the country economy and government is already give a look to the adaptation policy of bitcoin. Some of the countries government is allowing this crypto currencies in their countries to allow for payment of many things. If a strong government allowed the bitcoin I think the bitcoin value will be higher and because of this it will be a bright future.

Bitcoin is currency which affect the country economy and government is already give a look to the adaptation policy of bitcoin. Some of the countries government is allowing this crypto currencies in their countries to allow for payment of many things. If a strong government allowed the bitcoin I think the bitcoin value will be higher and because of this it will be a bright future.
ausbit
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October 22, 2017, 06:54:48 PM
 #1033

We are in a fast changing of technology. The governments are just fine because they will soon adopt when necessary. Governments are supposed to be make sure everything adopted and used are beneficial to its populace. The problem sometimes is corruption and power. Financial institutions are controlling the world system and are many times affecting governments effectivity.
Government and bitcoin are having are very strong relationship in between them. If the government wants to change the economy is condition of their country and the people living in that country, then they have to legalize this bitcoin and all other crypto currencies. Till that time, the government will not be able to take control over bitcoin and will not be having any benefit.
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October 22, 2017, 07:11:05 PM
 #1034

We are in a fast changing of technology. The governments are just fine because they will soon adopt when necessary. Governments are supposed to be make sure everything adopted and used are beneficial to its populace. The problem sometimes is corruption and power. Financial institutions are controlling the world system and are many times affecting governments effectivity.
Government and bitcoin are having are very strong relationship in between them. If the government wants to change the economy is condition of their country and the people living in that country, then they have to legalize this bitcoin and all other crypto currencies. Till that time, the government will not be able to take control over bitcoin and will not be having any benefit.


The government however can really do some thing to stop it just as how the Chinese government bann BTC.  Thats what the government can do and if this happen, BTC price could drop. And the problem if for instance you are in the US and USE bann bitcoin, there might have no way to exchange your money to USD.
meebs
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October 22, 2017, 07:13:39 PM
 #1035

The future of bitcoin will depend on the Government of a particular country as most of the countries believes that bitcoin is an threat to their fiat money so they will never supports bitcoins but if all the Governments agree to support bitcoins then it will take its price to much higher level in future.

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Kawasanz
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October 22, 2017, 07:44:09 PM
 #1036

Using bitcoin is harmless if you are wise and you are not doing anything illegal especially on darknet.
And I think no one will track you if you do not make a lot of money, and make noise about it.
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October 22, 2017, 08:09:23 PM
 #1037

Government is the first priority for bitcoin.in order to start its business government permission is must needed. Without government permission it cannot be legalised. Bitcoin is an independent company and governments doesn't interfere its work. In many countries bitcoin and government together control the economy of that countries. With help bitcoin government slove unemployment conditions of their countries. In many countries government ban bitcoin like china etc. While others accept it.
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October 22, 2017, 08:28:31 PM
 #1038

Using bitcoin is harmless if you are wise and you are not doing anything illegal especially on darknet.
And I think no one will track you if you do not make a lot of money, and make noise about it.
As you are talking about that no one will know that better quality of bitcoin so in my opinion that we should go for bitcoin and kinda safe us from poor government control because governments are made to make issue with different countries. While in bitcoin everyone is united to each other that's better quality that people are agree to have someone thing the same which is called bitcoin.

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October 22, 2017, 09:04:32 PM
 #1039

Bitcoin technology can affect in financial system of any country.But there are a lot people here who are aware and part of bitcoin, yet no negative thoughts about it.

The negative of bitcoin does not come from its origin. Conversely, it comes from the way we humans use bitcoins. In fact, bitcoin is the most transparent and cleanest currency, however, humans have used it for many bad purposes, so it is stained.
Yeah, honestly we can not blame the nature of Bitcoin or any currency. All things is by the user, because the user are bad guy, it also make Bitcoin become an evil tool for them. If the world have not them, all things are clean.

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October 22, 2017, 10:25:13 PM
 #1040

I imagine governments will perform out a resolution to function out with bitcoin and do what they like much more,put a payment into who maintain or think to get bitcoin.Soo bitcoin isnt a true danger to the technique runned by the international locations as they can take handle of if straightforward ,and the payment should make many avoid people kind of investment.For other aspect would be amazing to see some country allow bitcoin and suggestions men and women to perform with it,that may possibly come about ,and need to occur someone must do the initial action into inovation .
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