Government and Bitcoin

[arlinxoha]

Bitcoin does not believe in many people, because this is the main reason Bitcoin can not be controlled. It is not possible for anyone to control it. So many people do illegal work in bitcoin. Many governments think that Bitcoin will be the cause of threat to their country. Because many people smuggling money through Bitcoin.

[Dele2018]

Yes it's true a lot of folks dont trust bitcoin because of the decline in value,they believe it can crash anytime,in my opinion it's not about trusting it or not,it's about the the risk and buying into it,if one does not take the risk there is no way one can profit.

[Cryptpopo]

up till now some government in some part of the world does not believe in the bitcoin because most of them never see the brighter future of the bitcoin. bitcoin in the future to come will be appreciated and be acceptable globally

[wiro 212]

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

The government sees bitcoin as a threat to fiat currencies, and therefore the government imposed a ban on bitcoin in some countries.

[Brenok]

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

Everyone trusts, it's just that for some countries it's not profitable for some countries to include in their economy BTC and everything connected with it. It's worth devaluating other projects created earlier

[Cryptomania098]

Some government has its own reason why they still dont trust bitcoin.Bitcoin is anonymous and government cannot regulate bitcoin that is why lot still dont legalize bitcoin.In the near future many countries will legalize bitcoin because it is one means of generating revenue and taxes.

[todiefor17]

I think about objectively, what I'm seeing:
Bitcoin is not stable.
Inflation, money laundering.
Crime
Difficult to manage.
Because Bitcoin is Freedom For All Countries.

[Haslett5236]

will,governments are afraid that banks will lose their customers,so people can invest in bitcoin without paying taxes the banking system is compromised.

this is very common. the government need to monitor the use and expenses of their national currency so that they can impose taxes on multi level. with bitcoin so decentralised, it would be hard for the government to monitor and control.

[Anti-Cen]

The government and Youtube don't want you to know about protests over the illegal imprisonment of Tommy Robinson
but one kicks of in Manchester tomorrow and another one kicks off in London on the 9th
https://www.youtube.com/watch?v=aSxmrj_tmGY

Yes this is our government alright and most of them should be in jail themselves and yes the so called Russian
chemical attack in the UK was not done by Putin but our own government who think they are above the law.   

[deklitt]

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

Indeed, so far governments from various countries still don't trust bitcoin and have not fully accept the bitcoin and its positive function either as a business asset or as a means of payment

[oOVVVVVVVOo]

The one who created this topic writes some irrelevant information. In fact, most developed countries of the world have long been engaged in the fact that it is trying to regulate crypto-currencies at the legislative level. Creates new laws.

[qwerty12]

I think that is because until now there are still many governments that have no formal basis and legal framework to regulate the legality of bitcoin. the government is aware that Cryptocurrency such as bitcoin is prone to be misused for illegal transactions, money laundering, and financing of terrorism.

But, I am sure that over time, at in the end, the cryptocurrency will be made legal by the government, because today there are many countries that accept and legalize bitcoin.

[ir.yance]

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

not all governments in the world do not trust bitcoin, only some governments do not believe in bitcoin.
they do not believe in bitcoin because the price is not stabi and many people use bitcoin for crimes such as money laundering and to buy drugs. those who use bitcoin for crimes because of their identity can not be in the know by the government when making sale and purchase transactions on bitcoin.

[letzdodiz]

Government officials screw their subjects with assessments, correctional facilites and keeping an eye on them. They screw each other with untruths and embarrassments. They screw the economy with over spending. They screw their fiat by printing excessively of it. They screw different nations by going to war and executing their pioneers. They screw their property with over advancement, unreasonable mining, clear cutting timberlands, contracting national stops and permitting contamination. I think governments and legislators are horny creatures and simply don't care for things they can't fuck.

[DimensionsOfHell]

The most powerful risk and threat to bitcoin are the actions of the world government. The question arises whether bank crypto currency is really possible and whether states and central banks are going to completely ban the digital currency. In addition, the prices for crypto-currencies strongly depend on the influence of the media and government statements.

[HeartDesire]

Government are the major problem of bitcoin all over the world, they know the moment bitcoin is generally accepted physical banks becomes useless to the people and they begin to lose taxes from those bank. Bitcoin is too big to be regulated by government and that is their problem. Government want to take control of the flow of bitcoin in which bitcoin is not structure as such.

[MrHertz]

Because blockchain for now cryptocurrency is unknown technology for many people. And because blockchain is technology  for free people for government is big trouble. When people wanna and be free.

[buhna]

I think that all people in the government invested in bitcoin. But they never say it. It is the strategy. You can buy bitcoin with low price when you need it. And sell bitcoin when it is green/

[lionheart78]

The most powerful risk and threat to bitcoin are the actions of the world government. The question arises whether bank crypto currency is really possible and whether states and central banks are going to completely ban the digital currency. In addition, the prices for crypto-currencies strongly depend on the influence of the media and government statements.

Banning cryptocurrency in one country will not weaken it, the fact is there are still countries that are not yet penetrated by these business and let us not that through the use of internet or social medias, news about cryptocurrencies are reaching the farthest corner of this world and is leading to people to be open and trust cryptocurrency so there will be more and more people that will be using it.

[klavyemaus52]

All of them governments have to accept and trust this crypto curenty its not escapeable because banks will finish soon and who will do transfers ? Surely cryptos