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Aztek
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May 24, 2018, 02:14:49 PM |
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Why, until now, government all over the world still doesn't trust bitcoin?
I guess they wanted this Bitcoin thing and like how bitcoin work and all of it and the only thing they dont like about it is it doesnt directly pax tax in the government no one own the system of bitcoin so it is free in the taxes of bitcoin so i guess this is the main reason why government doesnt like bitcoin but also this transaction is anonymous so it can be use in a lot of illegal transaction in the market. |
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riuzfairus
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May 24, 2018, 02:20:52 PM |
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Why, until now, government all over the world still doesn't trust bitcoin?
Because it has no formal basis and regulatory authority, bitcoin is prone to be misused for illegal transactions, money laundering, and financing of terrorism. |
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borjois56
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May 24, 2018, 02:23:53 PM |
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Why, until now, government all over the world still doesn't trust bitcoin?
the government thinks bitcoin still can not be fully believed, because the founders of bitcoin is not clear, they say bitcoin like bubbles, can break at any time, but now, there are some countries that want to set bitcoin, hopefully the bitcoin can be received by the government |
the official Chainx referral exchange event with a prize of 200 usd.
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al.btcku
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May 24, 2018, 02:24:35 PM |
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Why, until now, government all over the world still doesn't trust bitcoin?
I think one of the plausible reasons is that the government through the central bank is afraid of losing control over bitcoin (cryptocurrency) and bitcoin offers a system that returns control and power to the real money owner |
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pjr77
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May 24, 2018, 02:31:11 PM |
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From the natural quality of decentralization, by the way, the complete inability to manage this system by the state or private individuals also ensues. This, in turn, predetermines the impossibility of emission regulation of the total number of bitcoins, and therefore reduces the risks of inflation (at least in the coming decades, although more complicated, but still active mining). it is completely unprofitable for the state, therefore, in many countries they are trying to deal with crypto-currency in general.
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royalfamily1000
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May 24, 2018, 02:43:41 PM |
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From the natural quality of decentralization, by the way, the complete inability to manage this system by the state or private individuals also ensues. This, in turn, predetermines the impossibility of emission regulation of the total number of bitcoins, and therefore reduces the risks of inflation (at least in the coming decades, although more complicated, but still active mining). it is completely unprofitable for the state, therefore, in many countries they are trying to deal with crypto-currency in general.
I think one of the reason why some countries did not accept bitcoin is due its market volatility the government dont want to risk the money of their people considering that the market for bitcoin today is very bad. |
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renggileh
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May 24, 2018, 02:47:06 PM |
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I think bitcoin still does not make sense to the government, why not make sense because the price is fantastic and the increase is quite high. It may be too dangerous for a country's economy.
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bstewart
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May 24, 2018, 03:08:28 PM |
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Bitcoin is completely anonymous, so that means that they will not be able to take control over it
It is true that they will never be able to control it however the blockchain is simply a ledger so everything is recorded and that's something they can watch. |
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Fandicoin
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May 24, 2018, 03:41:40 PM |
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government and bitcoin, many governments speculate that bitcoin is not good, in many respects, there is also a government that welcomes bitcoin.
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KnightElite
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May 24, 2018, 03:46:08 PM |
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Why, until now, government all over the world still doesn't trust bitcoin?
The government should create regulations about cryptocurrencies for them to protect their citizens from greedy persons. There are many scammers and hackers and the government can protect their citizens by creating many regulations. |
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Odelkaleng
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May 24, 2018, 03:56:51 PM |
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Because bitcoin for government is something strange but has a high value. They are still skeptical of bitcoin why can have a high price. And there is still a lot of negative news about bitcoin so many people and governments are increasingly hating bitcoin.
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yudi31
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May 24, 2018, 04:16:37 PM |
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therefore the government is always monitoring the movement of bitcoin, whether bitcoin harmful or beneficial to the government
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CryptoPsycho
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May 24, 2018, 04:25:14 PM |
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Bitcoin is still very difficult thing for many people and they usually used to drop bitcoin from their lifes. The same with many governments, they are just not ready for bitcoin.
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jefrihunter
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May 24, 2018, 06:30:14 PM |
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well i think 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 and the government can not control bitcoin, of course this may be the reason to think about it, but at least in some countries have received bitcoin, and can be used as a means of payment, hopefully other governments can also legalize bitcoin
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ScroodjMoney
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May 24, 2018, 06:36:38 PM |
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Still, some governments already legalize cryptocurrencies. I think it's a matter of time. And the digital war for the leading positions among the governments will begin soon.
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reverseflash
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May 24, 2018, 06:41:21 PM |
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Because the bitcoin can't be controlled by standard methods. The bureaucracy never wants to introduce modern and simpler rules, пocкoлькo it kills an essence of bureaucracy.
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glongsword
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May 24, 2018, 11:45:33 PM |
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Distrust of bitcoin is caused by unstable price, besides bitcoin also has advantages and disadvantages, corruption, terrorism, drugs and so on!
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Elkafi
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May 25, 2018, 03:40:16 AM |
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Why, until now, government all over the world still doesn't trust bitcoin?
The reason why the government all over the word still doesnt trust bitcoin, because The government cannot controll the bitcoin over. I think The government should accept bitcoin and legalize it. |
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Jundel2018
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May 25, 2018, 03:54:15 AM |
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Why, until now, government all over the world still doesn't trust bitcoin?
The reason why the government all over the word still doesnt trust bitcoin, because The government cannot controll the bitcoin over. I think The government should accept bitcoin and legalize it. Maybe the reason why the government cant accept bitcoin is that bitcoin is decentralized which means government cannot control it. Also bitcoin doesnt pay any taxes and also it is new and that stable thats why the government still didnt accept the bitcoin. |
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gudjhonson
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May 25, 2018, 04:17:35 AM |
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Why, until now, government all over the world still doesn't trust bitcoin?
I think there are already some governments who already trust Bitcoin and I'm sure someday there will be more governments who believe in Bitcoin. Many governments do not believe in Bitcoin for fear of Bitcoin having a devastating impact on the people who use it. Bitcoin can be used for things that are illegal and this is the most feared by the government. So it is only natural that many governments do not trust Bitcoin. |
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