Government and Bitcoin

[Ikpirijor7]

When you have a system framework that is specifically a conceivable substitution to the current money related framework or will it one day destroy the hold and control you have, would you believe it in any case? Indeed I should change the word to risk to be more exact. Governments by and large won't underwrite or acknowledge bitcoin besides and they will successfully keep that from happening.

[egberthill]

 Governments are greedy for the control and thus they will never allow anything that can cause the threat to their ambition of controlling every aspect of our life.

[gesdan]

government is not like the bitcoin system because bitcoin is decentralized, its mean that bitcoin doesn't have the central because of this government don't trust bitcoin because if anything happens in the country they can find the office of bitcoin, its mean that bitcoin is untrackable

[Xaad]

firstly its takes time to became mature. Government is so far even the public is not trusting the bit coin that must. So it takes time to make trust
secondly if any thing gets wrong in the bit coin whom the government will catch because there is not any legal office of them these are some aspects But with time hopeful they will be sort out and  it will be recognized properly as currency which will be used for the mean of exchange of the goods and services. hopeful

[snazir]

The Government has Control on all the Economic activities that its own Country runs. And This is the Reason or one of the reasons why Governments and bitcoin does not Cope up with each other, but there are some Countries in which the Government declared Bitcoin illegal in the Country. 

[Syunusa]

We all know that bitcoin and Government are having issues and I believe what causes it is the fact the bitcoin is decentralized meaning that it can be control by any body or Government.

[kendra1107]

Why, until now, government all over the world still doesn't trust bitcoin?

All governments want to take control of Bitcoin! Not that they don't trust it, but to be able to manipulate Bitcoin along with the entire cryptocurrency market. Governments are generally greedy and power hungry! They will do anything and everything they can in order to stay on top. 

[Kildin11]

After so long appearance of bitcoin appearance for the first time, there are already some countries that legalize bitokoyn. But in fact, many countries do not trust and legalize bitokoyn. In my country, the government considers the digital currency to be risky because of the absence of regulators or administrators regulating the digital currency, and the digital currency is at risk of money laundering.

[dongyi17]

Why, until now, government all over the world still doesn't trust bitcoin?

I think, because government cant control bitcoin until now, so many government not accept bitcoin as currency in their country. Maybe government accept and trust bitcoin if they know how bitcoin work in blockchain and coordinate people who create bitcoin but i know this is impossible, hopefully in the future government accept bitcoin and become legal as currency of one country.

[paulo29]

Well, it is because cryptocurrencies are still new and no all knows about it, some government does not have a concrete information about it, besides it does not have physical form that makes difficult for them to controlled it.

[serverus]

Well for me, We all know that there are countries that banned this bitcoin for its price rises every now and then. Rising of bitcoin currency leads to an imbalance economy of every country. In line with this, government must take action regarding this matter. If this bitcoin currency make it to the top, other investors will not invest in companies anymore, no more investments in small franchise that will lead to an imbalance economy. People will invest more in bitcoin, who would not invest if money here is easy and convenient.

[Ayaancool]

Why, until now, government all over the world still doesn't trust bitcoin?

It is the peer-to -peer payment network that is powered by its users. There is no middlemen.And also there is no central authority.Lack of central authority is the primary reason governments are afraid of the crypto currency. Thus government are not ready to accept and trust bitcoin.

[Blackwhite69]

Why, until now, government all over the world still doesn't trust bitcoin?

It is the peer-to -peer payment network that is powered by its users. There is no middlemen.And also there is no central authority.Lack of central authority is the primary reason governments are afraid of the crypto currency. Thus government are not ready to accept and trust bitcoin.

Some of the problems that arise if the state accepts the Bitcoin because they have different ideas.

[Tashi]

Why, until now, government all over the world still doesn't trust bitcoin?

Up until now, the government sees Bitcoin as a threat to representative money. Also, it’s volatile which makes people to untrust it because it’s risky. 

[Revprojects]

Why, until now, government all over the world still doesn't trust bitcoin?

Hey, it's now 2018 and things have changed! Bitcoin is trusted, and governments recognize him in different countries. For example in Japan, Germany and Switzerland and a number of others.

[Antonina]

bitcoin is new for many countries. and they do not trust her. And if the government is spoiled, they will never accept bitocoins. But I think that the government should be involved in bitkoy and begin to accept and accept it, as well as to understand the society about it.

[Gayidnvf]

Because the government thinks bitcoin will disrupt the economy and the government thinks they can not control the bitcoin so that's why. But if the government that legalizes bitcoin I do not think it will think that way.

[Investerio]

People are afraid of everything unknown, so it is sufficently hard for bitcoin and all the cryptos to become beliveable for everybody. And I also think, that government does not unbelieve it. It is scared of it, as bitcoin is much more clear for participants neither traditional financial system

[Sakibhasan.bd]

There are some problem to reason of don't accepting bitcoin. Actually some terrorist are use bitcoin for their transaction. Also the main problem is there are no central bank who maintain bitcoin. That's why Gov. doesn't trust bitcoin.

[Gabah56]

it is better that the government in the world already has received the bitcoin. and some still can not accept bitcoin, especially in Indonesia. because they the governments are still learning the positive and the bigger negative impacts. for the future of the nation and the country .