Government & Bitcoin

[Alalex]

For now it is very difficult for them to use blockchain technology which also many countries still need to know more about bitcoin if they really want to make this blockchain very useful, one currency can not even control the movement of bitcoin because it lacks a lot of information.

[KingdomHearts]

I actually dont know why bitcoin is nonetheless right here but in my impression there are huge males who are retaining it guarded and they are also into bitcoin that is why it stays. The government can ki bitcoin if they want to. But there are folks out there who are stopping it.

Bitcoin is not the nonetheless but the bitcoin price and the value keep on increasing and in the last we will see how fast the value and the price of the bitcoin I use to hold the bitcoin and I will know how fast the bitcoin grow and it will give the time and the respect to the people are taking the bitcoin as the scam, I know the bitcoin is getting famous and the value of the bitcoin will be more than this in the short time.

[BTCexpert1]

government & bitcoin like water & fire , Tom & Jerry it is hard for government to ban it (will never effect) and can’t make it legal

[ShaIIowYeti]

Summary is that various government agencie, departments have categorized bitcoin in a different way. I heard someplace that governments may fear bitcoin cause value is determined by customers and not main government authorities.s

[ramayor]

In our country, our central bank has released new guidelines for bitcoin exchanges operating in the country.   They do not intend to endorse any virtual/digital currency, such as bitcoin, as a currency since it is neither issued or guaranteed by a central bank nor backed by any commodity.

[jankekek]

Conclusion is that various government agencies, departments have classified bitcoin differently. I heard somewhere that governments may fear bitcoin cause value is determined by users and not central governments.

[Aying]

In our country, our central bank has released new guidelines for bitcoin exchanges operating in the country.   They do not intend to endorse any virtual/digital currency, such as bitcoin, as a currency since it is neither issued or guaranteed by a central bank nor backed by any commodity.

It is not intend to endorse but still  they are not closing the door and the opportunity besides bitcoin, they are not yet tolerating us to invest but that doesn't mean that we are not allowed, they were just studying the regulation for the protection of many investors due to a lot of scammers has spread over the country and is using bitcoin as an instrument to scam.

[noictib]

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 the real truth in the bitcoin and government relations that they are not going to collaborate directly or indirectly Because they are thinking it can harm the economic conditions of the the country because flow of the money from the country to another will be easily but still they are not thinking that the amount of Money also entering in the world otherwise why people will use bitcoin and other cryptocurrency .
Here government of every country who have not gaves the official announcement to use the bitcoin legally with special rules to taxation is necessary .
Because here if we will go with the clear decision and rules then I don't think that any online assets can give any bad impact at the economy of the country .
Here government should make direct contact to make the use of the bitcoin by legalisation and regualtion of the bitcoin and cryptocurrency .

[forbiddenone123]

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.

Government and Bitcoin Nowadays bitcoin became more popular after 7years bitcoin has many ways but it won't last long because they are issues and problem you many encounter in bitcoin. In good way bitcoin in smart government they use to solve problem in integrate blockchain technology to split bitcoin in different coin to help they popularity of bitcoin  

[Whitly]

Holding money is also an kind of investment, I don't think it's right time to invest in bitcoin, maybe better take a look on Eth.

[hansbans]

especially governments scared bitcoin and bitcoins power...

[rhodelmabanal]

This is a great deal on banks ang government, they shouldn't have a problem on this.

[TomUyamot]

The governments do not have other ways but to adapt. There is no point going against all these new technologies that are after all pro-people and pro-development and pro-progress. If these technologies seem to appear a king of threat to their existence then they better settle with it in a win-win manner. Otherwise, there will be a continuous backlash of interest which will be detrimental to the government either way.

[dameh2100]

Governments will surely adopt bitcoins if they see potential if it helps to boost the economy but it is difficult to handle because it is cryptocurrency. There is a risk but it can be handle by the government. If the government wants a fast transaction in real-time, the bitcoin is here.

[bellamae]

I think it's getting started now That the government is studying block chain technology. Impossible, as is the case with the government is aware that many block chain users are. Maybe today they've learned how to get them started. I also think that now they are afraid that the traditional currency can be replaced by digital currency. It's only possible if they accept block chain technology do not let the government manipulate it because we all know that abusive government officials will not be lost.

[Gabrieelle]

Governments will surely adopt bitcoins if they see potential if it helps to boost the economy but it is difficult to handle because it is cryptocurrency. There is a risk but it can be handle by the government. If the government wants a fast transaction in real-time, the bitcoin is here.

Yes its a risk to the government because the price of bitcoin is continuously changing and what government wants is stability. It will be hard for the government to handle bitcoin but anything is possible if they put their mind into it. I think government has no choice but to adapt because the world is changing and sooner or later technology will conquer everything.

[supercanada1]

Governments will surely adopt bitcoins if they see potential if it helps to boost the economy but it is difficult to handle because it is cryptocurrency. There is a risk but it can be handle by the government. If the government wants a fast transaction in real-time, the bitcoin is here.

For sure there is no doubt in it because now the bitcoin is able to give the people the bitcoin is the best investment and bitcoin is the best source to increase your profit and the government will make the bitcoin legal with the passage of the time, it is the earning time and the profit will be double if the government will accept the bitcoin so I am hopeful about this bitcoin value.

[kingvirtus09]

Some governments in other country ban bitcoin some are legally regulated in there mother country, my country is legally regulated and it's way more profitable than any other investment site here in my home town. bitcoin can change the world for their economy..

[szpalata]

Some governments in other country ban bitcoin some are legally regulated in there mother country, my country is legally regulated and it's way more profitable than any other investment site here in my home town. bitcoin can change the world for their economy..

Banning bitcoin isn't something the governments can easily do else they would have initiated that a long time ago. Many bitcoin exchanges are springing up and all these governments do is to ban them or make it difficult for them to operate without necessarily stopping the use of bitcoin all because they can't stop it outright.

[alexzorgo]

I think, most the governments will implement own cryptocurrency and will try to limit use of bitcoin in own country. These are simplest way to prevent expansion of bitcoin but at the same time to use innovation by method, painless for them