arief.sutono
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May 28, 2018, 10:10:28 PM |
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Because it's still new. And actually a solid percentage of Bitcoin users do not trust the government. Thanks #CMIIW
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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zarintasnim
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May 28, 2018, 10:20:27 PM |
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Every government has won economic roadmap to lead their country. Moat of the government has no proper knowledge of bitcoin. And also government dose not collect any revue on bitcoin and no control of it.
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Eko prasetyo
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May 28, 2018, 10:21:41 PM |
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I think why the government does not trust bitcoin or all cryptocurrency? Probably because they can not arrange it. And the fear may pose a threat to the base currency. It is human nature to doubt that I believe that the government not only sees the beauty and potential of this industry.
I still hope in the coming years, they will finally listen to us and give a chance of cryptocurrency. to develop and become a commodity that helps the reconstruction of its citizens.
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posi
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May 29, 2018, 12:11:25 AM |
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Why, until now, government all over the world still doesn't trust bitcoin?
Its hard to accept bitcoin for all especially for government who are against it. Peoples are addict of bitcoin and never ready to accept the ban of bitcoin on their countries and to earn with bitcoin they use proxy and start going against government policy.I my self do the same thing bitcoin is banned in my country and like other i do proxy just to access my all coins. Actually we all want to accept bitcoin but other's only government who don't allow their people to use it. Who's know that's the reason why bitcoin is going down every day. Yes, some government sees bitcoin as a threat to their national economy and currency but the reason behind the current dump in prics is still unclear to me but I'm pretty sure that the GOX whale flood the market last week. |
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Liona99
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May 29, 2018, 01:43:03 AM |
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Government all over the world still doesn't trust bitcoin because of some people who use bitcoin for illegal work ,like money laundering and others illegal work.But bitcoin can be use for legal work also so we have to use bitcoin as alegal think .
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mastery.jimmy
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May 29, 2018, 03:06:56 AM |
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the government against bitcoin is basically because bitcoin is decentralised and more so the government wants to have full control over the currencies. Government and bitcoin was knew of the great issue that we are talking here in the forum because there are good and bad possibilities that may happen.
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fuer44
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May 29, 2018, 03:10:05 AM |
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I think both will be difficult to unite. the government considers bitcoin too dangerous because the transaction is easy and tend to be private doesn't involve the bank, can be prone to be used for illegal transactions. while bitcoin itself is created with sophisticated blockchain technology in the field of transactions. it is difficult to unify their two goals.
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Roksodhon
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May 29, 2018, 03:34:27 AM |
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The government still doesn't trust bitcoin. On the other hand bitcoin is decentralized digital currency but Government want to centralized bitcoin that's why they can't control it easily. But overall, bitcoin helps the economy to grow more.
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miti251194
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May 29, 2018, 03:38:16 AM |
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The government does not want any currency that can not be controlled therefore they banned bitcoin.
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Paul Pogba
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May 29, 2018, 03:59:20 AM |
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This is interesting when the government is not concerned with bitcoin while it's been proven that bitcoin can make a lot of successful users and earn a big income, the government should have legalized bitcoin so it can be useful for everyone.
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DoublerHunter
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May 29, 2018, 05:26:28 AM |
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This is interesting when the government is not concerned with bitcoin while it's been proven that bitcoin can make a lot of successful users and earn a big income, the government should have legalized bitcoin so it can be useful for everyone.
Government cannot just do that even it if it looks like an easy thing to do. Government need to consider a lot of things before they make bitcoin as a legalized cryptocurrency because bitcoin is not just about being beneficial to other people because it can be abused by the criminal also to make illegal payments which is not a good thing for the government. |
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Moblie_Legend
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May 29, 2018, 05:38:21 AM |
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Why, until now, government all over the world still doesn't trust bitcoin?
perhaps the answer that needs to be said is that the bitcoin currency has not been recognized and inaugurated as the currency that applies throughout the country and the exchange is still not maximized, and bitcoin is always associated with crime and its movement is probably the least I can say |
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nyerok
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May 29, 2018, 05:53:02 AM |
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government with bitcoin, I think bitcoin will not be in control of the government and the government will not be able to control the price of bitcoin because bitcoin has a very high demand.
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muslihudin
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May 29, 2018, 07:25:38 AM |
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always happens in some countries, for example in Indonesia bitcoin can not be monitored by banks. but our country bitcoin transactions are still legal and not banned
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bitcoinskyrocket09
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May 29, 2018, 07:53:27 AM |
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Why, until now, government all over the world still doesn't trust bitcoin?
I just think both will be difficult to be in unite. Because the government considers bitcoin as a too dangerous because the transaction is faster and easier. It tends to be private doesn't that does not really involves the use of banks. It can be also prone to be used for illegal transactions. That is why, it is difficult to unify their two goals. |
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marona.coro
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May 29, 2018, 07:58:41 AM |
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I think why some government does not still trust bitcoin because they think that the bitcoin cannot help their country. Government is also concerned with legal security and law enforcement issues due to its nature.
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Alex_He
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May 29, 2018, 07:59:27 AM |
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The government of many countries announced the validity of Bitcoin. Many people are now heading towards Bitcoin. The big political parties of many countries are moving forward towards Bitcoin. But there are some countries in which the government declared Bitcoin illegal in the country. The government of every country should announce the validity of the Bitcoin.
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mung_nasib
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DeFixy.com - The future of Decentralization
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May 29, 2018, 08:06:37 AM |
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I think the reason the government has not inaugurated the existence of bitcoin in full is the concern that arises when the local currency gets left behind after the majority of the population use bitcoin as a means of future transactions.
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HukoJla
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May 29, 2018, 08:08:06 AM |
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Bitcoin is a decentralized currency, which means that no one person or government can control it. And if all people use a decentralized currency, then why the state? It simply will not be able to control people (Contain the army, medetsinu) People will have their own money, and people will begin to understand that they will do well without the state.
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Cryptpopo
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May 29, 2018, 08:10:01 AM |
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Bitcoin and government are two bodies,some government of some nation have already accepted the bitcoin as there means of transaction while some didn't accept it,but very soon every government will see the values in bitcoin and make use of it
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