rickyNmorty
Member
 Offline
Activity: 451
Merit: 15
Investor
|
 |
May 16, 2018, 11:53:51 AM |
|
Why, until now, government all over the world still doesn't trust bitcoin?
As we all know the global economy has still not yet recovered from the great depression. Due to this, a lot of third-world countries are first focusing on their own economy's enrichment than accepting cryptocurrencies. They think cryptocurrency will be an obstruction to their rise and so they illegalize its use. The bottomline is a lot of countries ban cryptocurrencies because of lack of knowledge. |
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
kucritt
|
|
May 16, 2018, 12:02:05 PM |
|
i think because bitcoin has not the central or center like bank, in paper money we have the center called central bank, all of circulation of money in that country is managed there in central bank, i think the big reason why government never want to accept bitcoin because of this, bitcoin doesn't have the central bank
|
|
|
|
|
fndsr
|
|
May 16, 2018, 12:23:57 PM |
|
Why, until now, government all over the world still doesn't trust bitcoin?
because bitcoin prices are so high against the local currency and currently a lot of negative news about bitcoin which certainly affects the country's belief about bitcoin will disappear maybe that's one reason I know |
|
|
|
juliejulscoin
Newbie
Offline
Activity: 3
Merit: 0
|
|
May 16, 2018, 12:41:19 PM |
|
Simply because it is something that they cannot control.
|
|
|
|
|
|
marcous
|
|
May 16, 2018, 12:51:21 PM |
|
I don't think so, remember not in the worldwide, bitcoin is illegal. because some states have legalized bitcoin and cryptocurrency valid as a means of payment. I have read a news site Cryptocurrency is gradually found in Africa. In countries such as South Africa, Ghana, Kenya, Botswana, Zimbabwe and Nigeria, there are similarities in digital currencies, especially Bitcoin. These countries recognize the importance of cryptocurrency in their business and encourage cross-border trade and payments. if in the country you don't trust or legalize bitcoin, of course, all require a process.
|
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
BlackRacerX
|
|
May 16, 2018, 01:32:09 PM |
|
Why, until now, government all over the world still doesn't trust bitcoin?
It's really hard to trust something you can't see or feel, and at the same time, it is sucking all the money out of your country towards another country. I think this is the government's biggest fear; which is to have something like a currency shakes the core foundation of your economical system. |
|
|
|
welliamy
Jr. Member
Offline
Activity: 78
Merit: 5
|
|
May 16, 2018, 01:35:19 PM |
|
Why, until now, government all over the world still doesn't trust bitcoin?
Bitcoin is revolutionise more than to a money or to economics it transform the role of government Bitcoin is going to change the world from transactions Bitcoin is the first time in history in the world anobody can receive and send any amount of money Without having permission from the government. |
GigTricks
WORLD FIRST INTEGRATED FREELANCE & ON-DEMAND ECOSYSTEMS
Whitepaper | Bounty | ANN Thread | www.gigtricks.io
|
|
|
|
Gondwanaland
|
|
May 16, 2018, 01:38:00 PM |
|
Why, until now, government all over the world still doesn't trust bitcoin?
There's a lot of people in government do not trust in bitcoin because they are still fully knowledgeable about it. And we all know that it is a crypto currency which we can't see or even we can't touch therefore it is hard to believe and to trust if you can't see and touch it. In addition there are laws that against bitcoin so that it makes them to not trust in bitcoin. |
|
|
|
david tien
Newbie
Offline
Activity: 126
Merit: 0
|
|
May 16, 2018, 01:48:33 PM |
|
The government and bitcoin ... it's not compatible at all! I personally think that the government of the states will not take bitcoin in great measure.
|
|
|
|
|
ekalak manjeng
Newbie
Offline
Activity: 98
Merit: 0
|
|
May 16, 2018, 01:56:45 PM |
|
government and bitcoin, mostly in a country prohibit the existence of bitcoin which has its own reasons for bitcoin and some countries that do not prohibit bitcoin activity.
|
|
|
|
|
RedzoneASE
Member
Offline
Activity: 350
Merit: 10
TRONscratch.com
|
|
May 16, 2018, 02:20:28 PM |
|
Why, until now, government all over the world still doesn't trust bitcoin?
I think trust is not the main concern of government about bitcoin in which until now some countries does not adopt bitcoin the main issue they are looking at is how can they regulate or gain on adopting this innovation. Many countries are so particular with their economic growth which could be affected if they adopt to bitcoin. |
|
|
|
monacous
Newbie
Offline
Activity: 44
Merit: 0
|
|
May 16, 2018, 02:25:38 PM |
|
I think the government is not paying attention to this area. Although they have to think about this thought. After all, bitcoin is quite a valuable cryptocurrency in this market.
|
|
|
|
|
statisticnap
Newbie
Offline
Activity: 8
Merit: 0
|
|
May 16, 2018, 02:29:26 PM |
|
btc is the future u.u
|
|
|
|
|
nanda1280
Newbie
Offline
Activity: 63
Merit: 0
|
|
May 16, 2018, 02:33:28 PM |
|
Because it's still new. And actually a solid percentage of bitcoin users still don't 'trust' bitcoin.
The government announced a severe ban on the use of virtual currency (cryptocurrency) such as bitcoin as a means of transaction and payment in Indonesia. The Governor of Bank Indonesia Agus Martowardojo warned people not to trade or buy bitcoin, because no regulatory body supervises bitcoin, making it vulnerable to risk to the public. |
|
|
|
|
Saldom12
Jr. Member
Offline
Activity: 238
Merit: 1
|
|
May 16, 2018, 02:39:57 PM |
|
The average Government and bitcoin are difficult to be good relations, but the Government in my country receives bitcoin. Because with the bitcoin of the people in my country the economy is getting better and poverty is gone.
|
|
|
|
|
El Il-mythos
Jr. Member
Offline
Activity: 140
Merit: 1
|
|
May 16, 2018, 02:48:18 PM |
|
Why, until now, government all over the world still doesn't trust bitcoin?
Two things to consider in this situation First, maybe the government is afraid of bitcoin that the economy me fall or they are don't have any other way except for go against it because of personal interest which is the usual thing existing In the government official. Second, they are just protecting the society because bitcoin is volatile. |
Blockshipping ICO starts 14 May 2018
⋙ ⟫ https://www.blockshipping.io/ ⟪ ⋘ |
|
|
|
mrayazgul
|
|
May 16, 2018, 03:37:44 PM |
|
Its not that the governments is against bitcoin, it is actually the government being problematic about the taxes, since bitcoin has no relation or is neutral to a country the government does not cover any of it, which means the government wont have any benefits from it, and this is the reason or one of the reasons why governments and bitcoin does not cope up with each other, take note not all governments has illegalized bitcoin, as a matter of fact a lot of countries have gain trust with bitcoin and has legalized them for the good of the country.
Not all over the world, not every Government think negative against bitcoins. Do not count those, Government look forward there's some more Country Governments who are supporting bitcoins. Actually its not our problem if Government banned the bitcoins, its decentralized and nothing in government hand. About the reason, Bitcoin has some disadvantages which can destroy the economy of that country. So just for the sake of their reputation government against Bitcoins. |
|
|
|
|
|
MetalGear
|
|
May 16, 2018, 03:45:50 PM |
|
Why, until now, government all over the world still doesn't trust bitcoin?
The government are not still trust in bitcoin cause some people are lack of knowledge about cryptocurrency and every investors they don't have training or seminar before joining in bitcoin. The government is caring to his constituents protecting from scammers. We cannot blame the government for this kind of attitude. |
|
|
|
|
lodcoling
Newbie
Offline
Activity: 504
Merit: 0
|
|
May 16, 2018, 04:13:20 PM |
|
I think, many government of the world think BTC may destroy their conventional currency. They treat the BTC as a threat for their currency. Beside these BTC also have to long way to go. Its yet not matured enough. With the passage of time BTC will be more matured and many multinational companies and as well as government begin to accept BITCOIN.
|
|
|
|
|
|
bitzizzix
|
|
May 16, 2018, 04:17:18 PM |
|
Why, until now, government all over the world still doesn't trust bitcoin?
Actually there are positive and negative things, maybe the government has not really believe and understand more about bitcoin. and the government anticipates bitcoin concerns that will endanger the country's economy because it may be bitcoin going up and down in value. But I do not care about it all and that's just my judgment, and now what I do is make good use of bitcoin as long as bitcoin msih exists and is allowed in my country. |
|
|
|
|
