Government and Bitcoin

[badungs]

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

Perhaps one of the main reasons for bitcoin is a decentralized currency, meaning that no one or government can control it, this means that if the government can not control it, the government will not like it because it does not benefit the government. for example, the government can not get tax money from all activities that use bitcoin. and in my opinion not only bitcoin currency that is not trusted by the government. all cryptocurrencies may not be trusted by the government unless they have been adopted by them.

[Kiss me]

the king of crypto bitcoin is going much popular than before and hope it will more.
but the goverment of some country ban bitcoin for  some reason like financial system will fall down.because of bitcoin  the govermemt is not getting tax from people and their tax amount is coming lower...so they ban bitcoin from the country.
but some some country allow bitcoin and they also.declared that big budjets. transaction will be in digital currency..
some countrys goverment is with bitcoin and some are not....

I think the Government generally will not support or accept bitcoin in this regard and they will do anything to prevent that from happening.
When you have a network system that is directly a possible replacement for the current financial system or one day will damage your grip and control, will you trust it in the first place? Actually I have to turn the word into a threat to be more precise.

[jurelmartin]

Many governments around the world have the same reason why they are not legalizing bitcoin on their country, one of the biggest reason is that it can be used bad things or laundering so thats why they are not convinced enough that those things are not the reason why bitcoin is invented, they are just convinced to the thinking that "it can be used on that kind of thing" however, some countries legalized it because maybe they are confident or capable of handling if this kind of bad things occurs but of course mainly, they see how bitcoin can actually help their people on their daily lives and thats a very good thing as a country being open to this such oppurtunities and accepting that this is the future now

[TommyJr]

It is something may be government think they will not going to control that's why i think.

[Hero of Legendary]

It is not all over the world anymore because some countries are already accept bitcoin in their place. But majority the government for every country does not like bitcoin and its OK as long as there is changes that is a big success for btc.

[renggileh]

The government have faced the trouble with bitcoin and they have try to banned bitcoin in their bitcoin and do not now allow the bitcoin for payment transaction. The government have reason to banned bitcoin because it most risk for their people and will be most loss their people money by investment in bitcoin because bitcoin price always low and high and could not take control it. But the government have see the other site of bitcoin could high.

[Azha]

  The government does not have time to bother at this point. By applying manpower, the government can understand its meaning. Only then can the government understand. What is actually the bit coins Understand how much profit will the government have. 

[Alex789]

the government is afraid because the currency is still new they are afraid this is a money laundering field and that will happen just a lot of corruptors who rampant, with this government is also afraid jug can not control it

[butterfly82]

bitcoin makes people free. I think the government is afraid that people will become more free and independent from countries.

[bitfather]

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. It will aaffect them in long run to compete with the developed world. Currently Bitcoin is helping people and I hope the government can see this.

[margaret22]

There are some countries, which are more Bitcoin friendly, others I guess are just afraid of being out of control.

[yoseph]

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.

Most governments have come to the realization that Bitcoin is no longer a threat at all and they have seen that with cryptos, they have found a way that they can get some revenue from crypto users/

[aji567]

Because the government is afraid of the development of bitcoin is increasing so that the economy of a country or government will decline. And also many government officials are misusing for a crime such as corruption so that the corrupt results can be invested into the bitcoin that they think.

[ordeath]

Because there is still some time needed for everybody to consider bitcoin currency as properly, most peopl eare not ready

[allezbitcoin]

I also do not understand why the government still does not believe in bitcoin, whereas currently there are many countries that support existence of bitcoin. So if the government still does not believe, we should try to convince them.

[wasaisi]

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

Because the government thinks bitcoin will only mess up their economies and that will make it harder to control their economies later. So it's better for them not to trust bitcoin as a currency.

[Tiger Junk]

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

I think some goverment  doesn't trust bitcoin because they know that bitcoin can beacme the future of this whole world and i am sure that some governent all over the world doesn't know yet what is the real benefits if bitcoin.

[Robertqueen2]

Governments worldwide cannot easily adopt the usage of Bitcoin and stop using fiat money. Using fiat money is a convention that has been embraced for centuries as this money is backed by materialistic objects like gold, and this, in turn, has given governments the hand in holding control upon the whole monetary system. With the advent of Bitcoin whose its main feature is the 'decentralization' , governments have had the fears of losing dominance upon money. That is why some governments still don’t trust bitcoin and strive to regulate it.

[Rarahumaira]

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

Because such a government would not dare to make decisions like allowing bitcoin in the country. Because bitcoin is a lot of risk and afraid of disrupting their economy, which is not entirely true in my opinion.

[ganlianshifu1]

The BTC and the government are at odds!

Government is central, and BTC is decentralized and exists!

BTC has affected the financial order ruled by the government and the economic order! Against the rule of the government!