AurumService
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Activity: 182
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April 28, 2018, 10:36:17 AM |
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I think that the time will come when officials realize all the advantages of e-currencies. For now there`re different cases all around the world, every country has its own attitude about bitcoins. Some countries ban it completely other go the path of legalization. I wish there would be legalization of cryptocurrencies and an adequate legislation.
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zhea
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April 28, 2018, 10:47:02 AM |
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Government has its own reason why they still dont trust bitcoin. Maybe because bitcoin is anonymous and government cannot regulate bitcoin that is why lot still dont legalize bitcoin. Hopefully in the near time many countries will legalize bitcoin because it is one means of generating revenue when it is being taxed and its a big help to the economy. Lot of people now are engage with it so high possibility of higher percentage of revenue is being collected.
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Giftedcrypt
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April 28, 2018, 10:57:24 AM |
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First bitcoin is new,anything online government hardly trust it, then I will say they don't have power to control bitcoin.
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Giftedcrypt
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April 28, 2018, 11:02:27 AM |
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First it's strange to them,they hardly trust anything online that they didn't create by themselves,then bitcoin being a decentralized digital currency that make the government powerless..
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Jonsnowstark
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April 28, 2018, 11:04:37 AM
Last edit: April 29, 2018, 02:26:55 AM by Jonsnowstark |
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Government doesn't trust bitcoin because it's new to them. They cannot control it because it's decentralized. It doesn't depend on anyone and its only affected with supply and demand. It is untraceable and it's anonymous so it is susceptible to be used in crimes. But i think that's only their excuse because really, all they want is to tax everyone who has it.
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Cryptogid
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April 28, 2018, 12:44:48 PM |
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Government are not into bitcoin first,they don't have direct control over it,its a decentralized digital currency,they don't really trust online transactions..
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otong
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April 28, 2018, 12:51:20 PM |
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First it's strange to them,they hardly trust anything online that they didn't create by themselves,then bitcoin being a decentralized digital currency that make the government powerless..
the government is afraid of using bitcoin because its anonymous bitcoin can lead to actions of crimes that harm the state such as online crime, extortion, theft and other criminal acts. because the anonymous nature is very difficult to trace its identity. |
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maaydin
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April 28, 2018, 12:53:35 PM |
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because for now it is not very trustable and doesn`t give confidence to investors and whoever invests there accepts the risk to lose anything on their hands, so unless it is so volatile it can`t be officially accepted I think
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evilsign
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April 28, 2018, 01:03:56 PM |
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Why, until now, government all over the world still doesn't trust bitcoin?
Because bitcoin cannot be controlled by them. Bitcoin's price is a bubble, it will make the government think again to accept bitcoin as legal payments. Until now the government still learning about blockchain, the technology which used by bitcoin. Once the government can be producing their own cryptocurrencies like bitcoin, they will prefer to use their own coin rather than bitcoin because the price of bitcoin now is very expansive. So, for me the correct question must be "why almost the governments all over the world still don't accept bitcoin as the payments?" |
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fipper
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April 28, 2018, 01:17:09 PM |
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Why, until now, government all over the world still doesn't trust bitcoin?
many countries do not just believe in bitcoin and there are some countries that prohibit bitcoin access in the country, why bitcoin is not trusted by the government because bitcoin is afraid to make local currency inflation and maybe more government view about bad bitcoin |
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tera do
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April 28, 2018, 01:55:08 PM |
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Maybe it is better that government stay out from btc...They have 'the big obsession' to control everything with which they come in contact
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dante golo
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April 28, 2018, 02:02:04 PM |
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Perhaps the government still doubts if people rely on bitcoin in negative terms so that evaluation is needed to anticipate the occurrence of bad things that can make the country decline because the population more use bitcoin than the original currency.
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tmpwhore
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April 28, 2018, 02:19:43 PM |
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This is a very difficult question.It seems to me that my government will try to limit the presence of bitcoin in our lives
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Kambal2000
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April 28, 2018, 02:21:06 PM |
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Why, until now, government all over the world still doesn't trust bitcoin?
many countries do not just believe in bitcoin and there are some countries that prohibit bitcoin access in the country, why bitcoin is not trusted by the government because bitcoin is afraid to make local currency inflation and maybe more government view about bad bitcoin They are not trusting bitcoin because they don't know what it is all about, and they are seeing bitcoin as a threat to the bank business that instead people will use their money in investing and depositing in banks they are choosing crypto to invest over them, and we all know that banks has a great demand that gives great taxes too. |
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brooklynian
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April 28, 2018, 02:25:39 PM |
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Governments all across the world seem not to like cryptocurrencies because of its decentralized nature. Government will not like anything they have no control over. They will see it as a threat. That is why they want to bring regulations at all cost so as to have it under their control.
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summit26
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April 28, 2018, 02:31:49 PM |
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Government does not yet formally legalize bitcoin and it seems not yet interested on it, because the government consider the stability of bitcoin and as of now it was very unpredictable so all things might happen.
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kunsh
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April 28, 2018, 02:33:16 PM |
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Our government don't know what BTC is and they won't do anything for long time bout that... Let them hear about that first hahahha They are too busy with stealing from their people
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neerajmittaljii
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April 28, 2018, 02:35:21 PM |
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Politicians screw their citizens with taxes, jails and spying on them. They screw each other with lies and scandals. They screw the economy with over spending. They screw their fiat by printing too much of it.
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RedzoneASE
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TRONscratch.com
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April 28, 2018, 02:44:24 PM |
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Why, until now, government all over the world still doesn't trust bitcoin?
Well, I think there are alot of factors over this. For example, they can't regulate BTC then how could they benefit from it. Next about the scamming incident which they want to prevent and last would be the global security which terrorist and some illegal activities could operate freely. |
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dupee419
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April 28, 2018, 02:54:49 PM |
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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.
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