Government & Bitcoin

[ASICHEAD]

The government can kill Bitcoin...
BUT it is also reason, that they can do anything they want, they can allowed and kill what they want and that is the one of million reasons why we would stay together to avoid these the highest scammers in the world...

Remember Hitler ? Enough words.
We can live together in peace, for one community, for one nation - people.
BUT nothing is easy as it seems to be.. it will be long journey but it is worth it.

Thank you Satoshi Nakamoto.

(It is just my opition so, do not take it so seriously )

Obviously yes, ico's has been banned in china ones before and its also possible for every country to happen. Government can manipulate bitcoin and place a tax on it in every transaction, Just do not use bitcoins for illegal transactions so that we can still use bitcoins in our country.

How do the government apply the tax for the transaction through Bitcoin? I do not remember they have this power to know the sender or receiver of transaction in Bitcoin if they are not public their transaction online.

[AngelLamb]

I do not believe that the Government of my nation will come in support of bitcoin faster or second option, as they really feel that it'll finish their damaged activities and above all they will loose all of their control because they have on fiat in a moment.

[Afnan_faizah]

I do not believe that the Government of my nation will come in support of bitcoin faster or second option, as they really feel that it'll finish their damaged activities and above all they will loose all of their control because they have on fiat in a moment.

Actually, any government will always support bitcoin if they can get benefits from bitcoin, for example, the Iran has trouble with us government, so their citizens have a problem to use online payment platform like paypal, braintree and etc, iranian's government decide to implement bitcoin as the main form of online payment, even the government plans new infrastructure for bitcoin users in iran.

[chichigirl]

I guess if one nation has been using bitcoin and show some results that it was good, i guess some countries may possibly be follow because technology can bring a faster transactions to all of us that includes government.

If the government will not support this trend maybe because they cannot control the digital currency. Let us all hope that btc will be used by other countries so that it will be finally be used by other too.

[szpalata]

I do not believe that the Government of my nation will come in support of bitcoin faster or second option, as they really feel that it'll finish their damaged activities and above all they will loose all of their control because they have on fiat in a moment.

Actually, any government will always support bitcoin if they can get benefits from bitcoin, for example, the Iran has trouble with us government, so their citizens have a problem to use online payment platform like paypal, braintree and etc, iranian's government decide to implement bitcoin as the main form of online payment, even the government plans new infrastructure for bitcoin users in iran.

Governments will consider their interest first before anything else and if they see that they can benefit from bitcoin they will first go for it and profit else they will discard and abolish it. That has been the nature of governments all over the world.

[hackzang12]

Government right now studying the blockchain network and bitcoin is just a digital asset that will bring much opportunity in the future hope government will merge in blockchain as soon as possible so everybody will gain big

[fanten]

Well, no one could able to control bitcoin, but wiyh many whales together they may affect bitcoin as they can drop or up their money into btc. Government will request everyone to have kyc in exchabge and charge then tax for exchange back to fiat. They cant control bitcoin but they can trace the holders ,and tax them soo i hope government keep staying out of bitcoin.

[webelong]

If you refer or ask about the government and its adaptation to bitcoin,then maybe it can be used.As long as the government will allow it.It may give a positive feedback on bitcoin users.

[shark69]

this is a very interesting discussion, the relationship between government and bitcoin. at this time many governments are resisting with the presence of bitcoin, but in accordance with the times of many people who play and buy bitcoin.

[Fesatmas]

It's very difficult for government to accepting this reality. The government does not want to accept it because Bitcoin is decentralized in where the government wants to control Bitcoin. It may be that the current government does not know the technology of blockchain. I think they have to learn a lot about it. The future is already in front of the eye and a government must make a good change in the future. And also I think Bitcoin can improve the economy of a country.

[akiexx]

This is a very interesting topic. I really hope that the local government and bitcoin can work together and support each other, Because if that happen it will really boost the price of bitcoin and the economy of the country.

[mirakal]

This is a very interesting topic. I really hope that the local government and bitcoin can work together and support each other, Because if that happen it will really boost the price of bitcoin and the economy of the country.

Bitcoin will continue to be a risky investment if the government will not regulate it, I know some may think it's not good to regulate bitcoin because they will loss freedom but for the benefit of the majority, I guess we need to comply with the law of the government, at least at this way we have protection but the government must ensure they will hear the voice of the majority and we all want fair and just regulation for crypto community.

[endut15]

If Government and Bitcoin can works together, i'm certain it will a large news for bitcoins user and it'll impact the price of bitcoins. and could be boost the price.

if that's true, it's not big news anymore, it's a shocking news for bitcoin users. because so far no government has cooperated with bitcoin.

[trako]

state and bitcoin do not progress in a very good system in my opinion. the state is the greatest mafia. the state does not like independent jobs. the state will ask for a share. Investment owners who will not give the state a share in Bitcoin business. this percentage system does not progress rapidly and healthy in parallel.

[Epimetheus]

In order to start business in any country bitcoin should get permission of the government of that country. Many government accept bitcoin as a legal thing in their country, where as many government declared bitcoin is illegal. US government sell over 44000 bitcoin. Iranian government preparing for bitcoin use inside the country and in many countries this step has already been taken. China, Bangladesh, Ecuador like many countries declared bitcoin as illegal thing in their country due to some reason. One of the main reason is that bitcoin doesn't pay tax and transition through it doesn't under control of government. 

[CooIBIueJ]

These aren't the only field BTC is used in, as BTC has become widely used in any marketplace (from precious metal bullions to purchasing refreshments in nearby stores), BTC is good for porn, gambling for it's private nature, since people find these awkward most of the time. Drugs are because of unknown nature, as these are illegal.

[Julia_bitcoin]

For example, in Russia, the president instructed the Bank of Russia and the government to develop regulation of the Crypto-currency, Mining and ISO, but it is not yet known in what form this will take place.
I think many states are interested in organizing the regulation of cryptoeconomics.

[adam1230]

smart goverments are working hard to integrate blockchain technology to their system. and remaining fool goverments who are trying to fight with their shadows trying to ban.

[carlisle1]

state and bitcoin do not progress in a very good system in my opinion. the state is the greatest mafia. the state does not like independent jobs. the state will ask for a share. Investment owners who will not give the state a share in Bitcoin business. this percentage system does not progress rapidly and healthy in parallel.

i believe in your stand that both wont progress because of thier differences in regards to securing and reliablity but i do believe that government must have shares in all of his people that earn no matter where they come.not unless its a criminal or illegal job so they wont tolerate the business.but in crypto were earning were profiteer so why not give the government share in which i think is what we called tax..its our obligation and the governments obligation to collect

[zmkriel]

Government regulations are so slowly implemented but they're trying to adopt to new financial markets. Everything is changing, regulations and taxes too. We need few years for mass adoption and official law in almost all countries.

yes you are right. if government will adopt bitcoins there are a lot of possible changes like taxes. it will become more complicated in bitcoins world. government will be involved in every bitcoin transactions. and will be no privacy anymore for us bitcoins holder.