hotcoin1234
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May 05, 2018, 04:51:27 AM |
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Why, until now, government all over the world still doesn't trust bitcoin?
maybe because of bad impressions due to the work of people who used Bitcoin in illegal ways and in scamming people. If that is the case how can they trust it. Would you also say that the government is afraid of being destroy by bitcoin as they are totally different from their centralize system. |
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neerajimittal
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May 05, 2018, 04:55:53 AM |
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Threats are measured in probability and potential damage bitcoin is a digital currency . it is money in the digital world.in order to make it stable currency it should be utilized by many number of people for a longer time.
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hurriebra49
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May 05, 2018, 11:12:24 AM |
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Yes it is true they are not satisfy with the way to how bitcoin and blockchain technology is working and due to this they are just ban the bitcoin in between the country feeling unsafe,
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otong
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May 05, 2018, 11:24:03 AM |
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Why, until now, government all over the world still doesn't trust bitcoin?
maybe because of bad impressions due to the work of people who used Bitcoin in illegal ways and in scamming people. If that is the case how can they trust it. Would you also say that the government is afraid of being destroy by bitcoin as they are totally different from their centralize system. bitcoin has an anonymous nature that can be used for criminal acts that we do not know the identity. perhaps the government is afraid of using bitcoin because of its anonymous bitcoin properties. |
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Feuerbach
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May 05, 2018, 11:24:24 AM |
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Why, until now, government all over the world still doesn't trust bitcoin?
Firstly, not all, because there are countries in which the crypto currency is legalized at the legislative level. Well, distrust can result for very many reasons. |
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damsix
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May 06, 2018, 10:02:49 AM |
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Why, until now, government all over the world still doesn't trust bitcoin?
if I think they are afraid of not getting anything from Bitcoin because every Bitcoin transaction is almost entirely without the fee (tax), except from the Exchange who always give a fee when withdrawal. so the core of the government does not have a quota of Bitcoin. Thanks. |
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Patadong
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May 06, 2018, 10:13:03 AM |
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I think government didn't believe bitcoin.because it most risk for their people and might soo many people lost their money by invest in bitcoin.
But for me bitcoin have a bright future and can give a lots of profit for people.
Because so Many people rich because of bitcoin.
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Markmolotok1488
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May 06, 2018, 10:22:48 AM |
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Why, until now, government all over the world still doesn't trust bitcoin?
maybe because of bad impressions due to the work of people who used Bitcoin in illegal ways and in scamming people. If that is the case how can they trust it. Would you also say that the government is afraid of being destroy by bitcoin as they are totally different from their centralize system. bitcoin has an anonymous nature that can be used for criminal acts that we do not know the identity. perhaps the government is afraid of using bitcoin because of its anonymous bitcoin properties. This is not true, blockchain is the most transparent technology. There are other anonymous currencies that no one prohibits. |
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roadsirm
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May 06, 2018, 11:30:12 AM |
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I think the world's government does not believe in bitcoin but the government is looking for a solution so that bitcoin can be understood by the whole community especially with different backgrounds of different communities so that it's still a lot of that in the government to legalize bitcoin because bitcoin is the eye digital money that can not be set by anyone either government or other institutions.
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dany henry
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May 06, 2018, 11:35:00 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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loews
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May 06, 2018, 11:37:26 AM |
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they are starting to trust on bitcoin now since it became viral they want a piece of the cake too
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aryaadikariyansyahsuwarto
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May 06, 2018, 11:38:12 AM |
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really, there are some countries that have banned the release of bitcoin, and some even prohibit it. it's because bitcoin is often used for crime or criminals, such as drug trafficking, and others. they use bitcoin because the transfer is very easy and fast.
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rye18
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May 06, 2018, 11:55:31 AM |
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really, there are some countries that have banned the release of bitcoin, and some even prohibit it. it's because bitcoin is often used for crime or criminals, such as drug trafficking, and others. they use bitcoin because the transfer is very easy and fast.
May be because of the very high fluctuation of bitcoin value and the government want to aware the risk involve or possible loss of their people if investing in bitcoin. |
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Kriptomen_51
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May 06, 2018, 02:51:49 PM |
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Bitcoin enthusiasts argue that "this is the first decentralized payment network that operates only at the expense of its users, without centralized management or intermediaries." It is the lack of centralized control over processes that is the main reason why governments are afraid of crypto currency. To understand where this leg's feet grow from, it is necessary to learn something about governments and conventional currencies.
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nieninja53
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May 06, 2018, 05:54:19 PM |
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Some countries are considering bitcoin payment system is not secure and having some fraud-lent activities and the main thing some countries taking as illegal because it is decentralized currency and it may use for illegal activities,
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Epimetheus
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May 06, 2018, 06:17:12 PM |
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Why, until now, government all over the world still doesn't trust bitcoin?
Different government has different agenda with Bitcoin. According to some government it is use full to them and according to some government Bitcoin is bad for them. Chinese government ban it in their country because bitcoin somehow affect their country own currency and this thing affect ultimately affect their country economic and financial growth. Like Chinese government some other government ban bitcoin for this reason. Israel government ban bitcoin because it supports criminal activity in their country. Japanese government has positive point of view with Bitcoin. They encourage their people to use bitcoin.  |
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MBAPOLIN
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May 06, 2018, 06:18:38 PM |
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I think government doesn't support bitcoine. Would you also say that the government is afraid of being destroy by bitcoin as they are totally different from their centralize system
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Denzzen
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May 06, 2018, 07:59:25 PM |
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Government don't like bitcoin because money go past the ticket office, you don't pay taxes from getting income, you don't hold it in their banks, so they can use it and etc.
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Washball
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May 06, 2018, 08:12:36 PM |
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It's not a matter of trust, that governments do not appreciate Bitcoin or other cryptocurrencies. Bitcoin was made to be a p2p decentralized currency. Transactions using Bitcoin means bypassing the bank or the authorities. That is against the rules, made by governments. But nowadays the authorities acknowledge the advantages of bitcoin and they will have to give in and accept cryptocurrencies.
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marabanda
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May 06, 2018, 08:23:07 PM |
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Hah, sounds like a title for a book)
In fact, this topic really deserves to be written about this book (if it has not yet been done).
But seriously, most likely the government of most countries in the world will not succeed. Bitcoin and other crypto currencies are the future. And progress as you know can only be slowed down, but not stopped.
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