Will you allow the Government to look into your bitcoin wallets?

[nitesh1995p]

I use bitcoin mainly because its anonymous because i also used to gamble with them..so there is no way i can allow anyone to look into my bitcoin wallet..and i think there is no way government can know about my bitcoin wallet

[1714834668]

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[Cybertron00]

I wouldn't want the government to look into my bitcoin wallets. The first reason I had why I don't like them to look at my bitcoin wallet is that if they see a very big amount in my wallet, they will feel suspicious that im doing activity even if im not. The second reason I have is that my privacy will be taken away from me. The third and last reason why I don't like the government to look at my bitcoin wallets is that they will know that I have bitcoin and they will probably add tax to the one im paying too.

[Elwar]

Yes, I have nothing to hide. I will gladly hand over my phone which has all of my bitcoins that I own. About .9 BTC.

[Kakmakr]

Ok, tell me this. How many government officials has come into your house to see how much gold and silver jewelry your family has stored in some safe? If they suspect that you are doing something illegal, just work with them. Do not try to use Bitcoin as a form of tax evasion or for other criminal practices and pay the capital gains and VAT owned to your government and you will be fine.

If they want to check my wallet, I will gladly show it to them. I cannot pay capital gains, until I gained anything from it. My wallet is so thin, they would laugh it off as a joke. ^smile^ 

[Pursuer]

In the coming days when the government will legalize bitcoin and puts up regulatory rules and policies on the use of bitcoins ....

in the coming days? is there any news that I am missing out on about the regulation of bitcoin.
because so far there has not been any serious regulation rules in many countries (it happened only in one or two so far) and it seems like the process is something that will take a much longer time.

but anyways I have nothing to hide and I don't care if they want to see my bitcoin wallet, they are welcome to do it

[shinratensei_]

In the coming days when the government will legalize bitcoin and puts up regulatory rules and policies on the use of bitcoins it is a prerogative of the government to monitor the bitcoin transactions as well as your bitcoin wallet. For how many years bitcoin has been operating outside the hands of the government and many illegal operations especially in the black market is taking place without being traced. This coming events may be helpful to the stability of bitcoins in its operation and security.

what the country mean want to see my wallet? basically, just see an amount on the wallet? I will allow for them see my wallet if this way can make a better for security and minimize illegal activities like a scam.

[Enotche]

I live in Russia, and we have state exists only to rob and annihilate people. If the state in citizens' wallets climb, then the citizens will not have any money. People in Russia in order and contain Bitcoins to protect themselves from the state.

[Jasad]

thi is hard to believe if really happen,i dont see any benefit if goverment look into my wallet,even my wallet not contain many bitcoins,but i think my wallet is my privation,i will not allow anyone access my wallet

[chiajw1]

Please remember the the ledger is public and everyone could see the transactions in the ledger, even the government. This is so obvious that every transaction is transparent that even a 8 year old boy can see it. However if they want to look the private key for my wallet or identify a person through address, that is a no go. The concept of bitcoin is decenntralized, means no one can control or freeze any bitcoin wallet, and no one should.

[Elwar]

[btlrlx29]

'No' is the only answer.

There's enough of the covernment control in my life. Bitcoin was created as something independent, as a way to stay off the government. Why kill one of its main purposes?

[pandalion98]

In the coming days when the government will legalize bitcoin and puts up regulatory rules and policies on the use of bitcoins it is a prerogative of the government to monitor the bitcoin transactions as well as your bitcoin wallet. For how many years bitcoin has been operating outside the hands of the government and many illegal operations especially in the black market is taking place without being traced. This coming events may be helpful to the stability of bitcoins in its operation and security.

I'm cool with the government looking at my public wallet/address (not the privkey of course). That's because I don't do anything illegal with BTC.

If, for example, I had to do something illegal, it's trivial enough to create another address and not do any transactions between it and my public address. If I had to, I would ask someone trusted to send my dark wallet some funds in exchange for my cash/BTC. Sort of like tumbling, but trusted since tumbler services may be controlled/spied on by the government.

[rababo]

I don't want government to look my bitcoin wallet. I use bitcoin because it's anonymity. It's like break my privacy and the anonymity aspect is no point if they do it.

[bitkilo]

I don't want government to look my bitcoin wallet. I use bitcoin because it's anonymity. It's like break my privacy and the anonymity aspect is no point if they do it.

At the end of the day what are you really doing that you don't want them to know about?
If your not doing anything wrong then you got nothing to worry about,  if you are then you should be doing it in such a way that they do not have anything to even start looking into.

[Elwar]

I don't want government to look my bitcoin wallet. I use bitcoin because it's anonymity. It's like break my privacy and the anonymity aspect is no point if they do it.

At the end of the day what are you really doing that you don't want them to know about?
If your not doing anything wrong then you got nothing to worry about,  if you are then you should be doing it in such a way that they do not have anything to even start looking into.

The jews in Nazi Germany were doing nothing wrong.

[isvicre]

I don't want government to look my bitcoin wallet. I use bitcoin because it's anonymity. It's like break my privacy and the anonymity aspect is no point if they do it.

At the end of the day what are you really doing that you don't want them to know about?
If your not doing anything wrong then you got nothing to worry about,  if you are then you should be doing it in such a way that they do not have anything to even start looking into.

Totally wrong.  Its opinions like this that put people on danger. 

'If youre not doing anything wrong what should you worry about'?  Everything. I dont trust my government,  i dont trust most governments. People are not infallible,  and being its people in government they should have the least amount of data and control as possible so they cant abuse it like everyone eventually does.

[bitkilo]

I don't want government to look my bitcoin wallet. I use bitcoin because it's anonymity. It's like break my privacy and the anonymity aspect is no point if they do it.

At the end of the day what are you really doing that you don't want them to know about?
If your not doing anything wrong then you got nothing to worry about,  if you are then you should be doing it in such a way that they do not have anything to even start looking into.

Totally wrong.  Its opinions like this that put people on danger. 

'If youre not doing anything wrong what should you worry about'?  Everything. I dont trust my government,  i dont trust most governments. People are not infallible,  and being its people in government they should have the least amount of data and control as possible so they cant abuse it like everyone eventually does.

No if you think my comment means you should trust your government then you have it wrong.
The only thing i trust mine and other governments to do is spy and they are going to continue to do it weather you like it or not.

What you can do is use such things like PGP encryption for your emails and new addresses for every spend/receive from your bitcoin stash if you want to make it hard for them.

The topic is about governments looking at your bitcoin addresses, if you use thag address just once on the public blockchain they have the same right to look at it as you and i do.

[isvicre]

I don't want government to look my bitcoin wallet. I use bitcoin because it's anonymity. It's like break my privacy and the anonymity aspect is no point if they do it.

At the end of the day what are you really doing that you don't want them to know about?
If your not doing anything wrong then you got nothing to worry about,  if you are then you should be doing it in such a way that they do not have anything to even start looking into.

Totally wrong.  Its opinions like this that put people on danger. 

'If youre not doing anything wrong what should you worry about'?  Everything. I dont trust my government,  i dont trust most governments. People are not infallible,  and being its people in government they should have the least amount of data and control as possible so they cant abuse it like everyone eventually does.

No if you think my comment means you should trust your government then you have it wrong.
The only thing i trust mine and other governments to do is spy and they are going to continue to do it weather you like it or not.

What you can do is use such things like PGP encryption for your emails and new addresses for every spend/receive from your bitcoin stash if you want to make it hard for them.

The topic is about governments looking at your bitcoin addresses, if you use thag address just once on the public blockchain they have the same right to look at it as you and i do.

Yes,  fair enough.  I know.

The topic is not exactly clear.  If we were debating about whether you should have to disclose btc addresses in annual taxes,  or for credit checks then that would be a discussion kinda worth having.  Of course the answer would still be no,  because it would be pointless.

[BTCLovingDude]

i don't have anything illegal or anything that i want to hide so i don't care if government wants to take a loot at my bitcoin wallet.

but it is a disturbing thought that government wants to check out your finances or invade your privacy, and it doesn't really matter what i have or haven't !

[fortunecrypto]

In the coming days when the government will legalize bitcoin and puts up regulatory rules and policies on the use of bitcoins it is a prerogative of the government to monitor the bitcoin transactions as well as your bitcoin wallet. For how many years bitcoin has been operating outside the hands of the government and many illegal operations especially in the black market is taking place without being traced. This coming events may be helpful to the stability of bitcoins in its operation and security.

I will not bitcoin purpose is to be decentralized and anonymous,here in our country we have a bank secrecy law,where authorities will need to ask the courts to give then permission to open your bank account,and bitcoin is no different it will put you in trouble ,my country is not patterned after north Korea.