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Author Topic: Will you allow the Government to look into your bitcoin wallets?  (Read 4337 times)
serjent05
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July 02, 2016, 11:57:47 AM
 #81

Will I allow the government to look into my bitcoin wallet?  Lol they don't need to ask me if i will allow them,  address are already in public.  they can be viewed by browsing bitcoin block explorer.  But i wont help them finding which one is mine LOL.  

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July 02, 2016, 11:59:55 AM
 #82

I think there will be no any problem for me if I show my wallet to the government, as my government is not a thief they take care of their public and their taxes is for us to run our country.
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July 02, 2016, 12:02:24 PM
 #83

The governments are already keeping a view on our money in the banks where a largest amount of our wealth is lying, then what will they do when they keep a view on our bitcoins? I think just like banks they will provide security to our bitcoins and then we will not fear to put all of our money in bitcoin.

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July 02, 2016, 12:09:37 PM
 #84

I think there will be no any problem for me if I show my wallet to the government, as my government is not a thief they take care of their public and their taxes is for us to run our country.
i dont actually think that it would be a good thing to show governments your wallets, people like anonymity and they wouldnt be too excited if they had to show their wallet someone

i think i wouldnt allow the government do that, first of all they wouldnt know if i have bitcoin wallet and if i have bitcoins in it so i could just say that my wallet is empty

 
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July 02, 2016, 01:14:37 PM
 #85

I think there will be no any problem for me if I show my wallet to the government, as my government is not a thief they take care of their public and their taxes is for us to run our country.
Which government is that then?
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July 02, 2016, 01:28:19 PM
 #86

They are not welcome to have a look in mine. If i make crazy profits then I'll pay my taxes. Other than that no.
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July 02, 2016, 01:31:19 PM
 #87

In the coming days when the government will legalize bitcoin and puts up regulatory rules and policies
Well im all against privacy loss in any way. But in times of facebook and giving with your own free will your shoe number with the rest of your privacy people just don't care that much. They will in future, when there will be tipping point of privacy loss, point of no return.
This is sad but this is the way it must be coz humans are humans ; }
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July 02, 2016, 01:36:30 PM
 #88

I think it is impossible. bitcoin users will do a massive protest. the government does not have the authority. because bitcoin is independent and bitcoin is a transparent thing.

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July 02, 2016, 01:53:59 PM
 #89


errr...

is this a comedy thread ?

i may have to ease off the homebrew, cos somedays it's hard to tell...
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July 02, 2016, 01:59:08 PM
 #90

Why should i? Sure no, goverment can control their own currency and other proceses in theri country but bitcoin is something like a stealth currency for goverment.

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July 02, 2016, 01:59:42 PM
 #91

I think it is impossible. bitcoin users will do a massive protest. the government does not have the authority. because bitcoin is independent and bitcoin is a transparent thing.
Well i heard government will involve in bitcoin and more security and rules and regualtion will increase for bitcoin here in my country.
Yeah we need to protest if it will happen. because we are choosing bitcoin because its anonymous but the problem is in some coutnries bitcoin is restricted..

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July 02, 2016, 02:25:47 PM
 #92

Bitcoins have the amazing property of decentralization and anonymity. If government will intervene it will have both positive as well negative impacts on this cryptocurrency. It will be more or less fiat. Then there will not be much difference between both.
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July 02, 2016, 03:12:46 PM
 #93

Bitcoins have the amazing property of decentralization and anonymity. If government will intervene it will have both positive as well negative impacts on this cryptocurrency. It will be more or less fiat. Then there will not be much difference between both.
Bitcoin has it decentralization that makes it different from others currencies, if government act to regulate it will mean mainstream, we would be regulated our income would has a tax to pay the same way people has to pay with fiat. At my vision if they come to regulate bitcoin would be good, if they just come to tax or take control of the coins for sure no one would allow them to take a look into any portfolio.
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July 02, 2016, 03:15:34 PM
 #94

Maybe you aren't aware but there's this thing called the blockchain... Maybe you should Google that. I'm pretty sure anyone anywhere ever will know what's in any wallet at any given time.
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July 02, 2016, 03:38:15 PM
 #95

no i don't think so.
i don't like the idea of the Government snooping around in my private affairs and my bitcoin wallet and i will try my best to always stay anonymous in bitcoin and not let anybody check my balances.

Buying the dip...
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July 02, 2016, 03:45:44 PM
 #96

I don't think there is something really bad with the Government having an ability to do it. And, by the way, why should it bother looking in someone's wallet? Only if there is a huge sum of money there and I think in this case the government will try to look at it anyway

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July 02, 2016, 03:51:00 PM
 #97

They are not welcome to have a look in mine. If i make crazy profits then I'll pay my taxes. Other than that no.
well to be honest either way you will have to pay your taxes or you would then have to face some trouble with law as it doesnt depend on how much money you earn

i wouldnt allow the government to check my bitcoin wallet, even though they can do that with banks im pretty sure bitcoin is really great that it does not allow such things happening in my opinion




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CryptoBjorn
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July 02, 2016, 03:55:48 PM
 #98

I don't think there is something really bad with the Government having an ability to do it. And, by the way, why should it bother looking in someone's wallet? Only if there is a huge sum of money there and I think in this case the government will try to look at it anyway

How can it be wrong, they have they right to do it since they need to tax it. Sure nobody likes taxes but if's determined by law they can do it,so there is not much we can do expect hide it. which is off course illegal and may get you en dup in jail. I know it feels wrong buy they we live in a world where everything is taxed. If it was possible governments would also tax air.
wuvdoll
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July 02, 2016, 06:27:55 PM
 #99

I don't think I'd like to allow the government to look into my wallets at all because I think that's just an invasion of privacy. You can actually partially know a person's wealth if they look at our bitcoin wallets. I wouldn't mind if they looked at my bitcoin wallet just as long as they don't know that I own it.
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July 02, 2016, 08:34:08 PM
 #100

I think the question of "allowing" the government to look into your bitcoin wallets is moot. If they wanted to, I'm sure they can get access to all of anyone's bitcoin wallets and bitcoin dealings and transactions. And to cover their asses, all they would have to do is play the Homeland Security card to rationalize/justify their snooping in on anyone's private business.
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