How to make governments accept bitcoin?

[Vorth]

This thing would be hard to happen and hard to implement, since the government concern is to hold and have a control to every currency that they have where in if the bitcoin is publicized the control of the finance of the country will not be monitored, the money that come in and out to the country will not the recorded as what we have in traditional way or like what we have now. And I guess there were countries now that do not allow to use bitcoin to circulate in their country, there were few but I guess it may increase once government notice that bad advantage of it.

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[ufaiz50]

I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?

I think it's hard or perhaps impossible because anonymity is a threat to the country, to a tax that could be arranged by the government if they want and also neutral all bitcoin transactions tercatar in blockchain

[digaran]

How indeed? wait what? why do we need governments to legalize bitcoin? do you think bitcoin is a new thing that needs infrastructure like internet? though even internet could function in an already existed telecommunication infrastructure in every country. bitcoin is out there in the open for literally every single person in the world.
First take a look at so many countries and their borders to realize how are people taking their own territories serious, did you really think any government gets involved where the most populated countries could potentially beat them in the competition?

[ethereumhunter]

I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?

I think it's hard or perhaps impossible because anonymity is a threat to the country, to a tax that could be arranged by the government if they want and also neutral all bitcoin transactions tercatar in blockchain

i hope that in future, the government will not make bitcoin as the threat to the country and they can studied and find the benefit when bitcoin is applied in the country so they will learn more about bitcoin and find solution for the economic if they think that bitcoin can help the economic situation.

[jerowacik]

it is a difficult job. we must have the strength to use bitcoin. there must be a legal entity that can convince the government. we have to fight harder and more use bitcoin every day.

[sotoshihero]

This thing would be hard to happen and hard to implement, since the government concern is to hold and have a control to every currency that they have where in if the bitcoin is publicized the control of the finance of the country will not be monitored, the money that come in and out to the country will not the recorded as what we have in traditional way or like what we have now. And I guess there were countries now that do not allow to use bitcoin to circulate in their country, there were few but I guess it may increase once government notice that bad advantage of it.

I fully agree with you, its hard for government to convince to used and accept bitcoin, a currency which the government cannot control and regulate.It is a disadvantage to any government in that case unless something will happen that a government truly become a government of the people.

Like in the TV series Mr. Robot, they created their own coin the E-coin to rival bitcoin since they fear that bitcoin was controlled by Chinese  

[lulululu]

maybe its bad idea for government to accept bitcoin
since normal transaction from bank account is already misused by some of higher up by creating fake account for corruption or other bad things
and if bitcoin accepted they can do it much more easier since bitcoin is anonymous
 
that what I think  

[South Park]

I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?

Bitcoin is a threat and there is no way to change that, governments see bitcoin for what it is a currency for the people not owned by anyone, so the only way for bitcoin to become accepted as a currency by governments is to beat them in their own game, that bitcoin becomes so big it is simply not possible for anyone to stop it.

Even if Bitcoin becomes big there is no way to be able to ensure that governments would accept the change and modify their own economies to deal with such a dramatic shift.

There would maybe, at best, be a shift away from the USD being the world reserve and having it become much like what we see in every other country but the USA. However that's unlikely any way you look at it.

This is true, but at the same time even if bitcoin never reached the acceptance of the governments of the world, that could be irrelevant if bitcoin reached massive adoption since at that point the recognition of the governments will be irrelevant, bitcoin will be by default a currency.

[fikihafana]

I also think about this, so far i got some point maybe it wont answer your question

1. Gov need transparancy on identity of user in blockchain, gov have several reason about this
     a. to track illegal activity
     b. to apply tax in every transaction
     c. track person
2. Gov can shutdown transaction/account otherwise accordance with the rules of government

so to make goverments accept bitcoin, we need to fullfill gov requirement, in other words blockchain wont be anonymous and decentralized.


I also still read and research best solution for this

[ifightformerkel]

I think there is now how to make governments to accept bitcoin.
They will or must accept bitcoin in the future,
when they will see that more and more people will invest in bitcoin.

[delliaerd]

I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?

Bitcoin is a threat and there is no way to change that, governments see bitcoin for what it is a currency for the people not owned by anyone, so the only way for bitcoin to become accepted as a currency by governments is to beat them in their own game, that bitcoin becomes so big it is simply not possible for anyone to stop it.

Even if Bitcoin becomes big there is no way to be able to ensure that governments would accept the change and modify their own economies to deal with such a dramatic shift.

There would maybe, at best, be a shift away from the USD being the world reserve and having it become much like what we see in every other country but the USA. However that's unlikely any way you look at it.

This is true, but at the same time even if bitcoin never reached the acceptance of the governments of the world, that could be irrelevant if bitcoin reached massive adoption since at that point the recognition of the governments will be irrelevant, bitcoin will be by default a currency.

Very difficult to say that government is hard to accept bitcoin, Many reasons are possible. I strongly agree with all the reasons you say. In my view because bitcoin is anonymous. And the government would probably have some problems, because bitcoin is used anonymously and no one knows for sure detail transactions, this resulted in the government can not take the income tax and other taxes that the government should have the right to be taken.

[calkob]

I dont think that we can ever make governments accept bitcoin, it will always be a rival to the current fiat system, well until it is defeated.....

[btvGainer]

I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?

Not all Governments consider bitcoin as a threat.I think the best way to convince those government which are hostile towards bitcoin is to encourage its adoption in these countries.
If more and more people start using bitcoin, governments would have positive attitude towards bitcoin.

[aso118]

I dont think that we can ever make governments accept bitcoin, it will always be a rival to the current fiat system, well until it is defeated.....

There are inter-government rivalries at play as well.
Iran may have a vested interest in accepting bitcoins, rather than US dollars.
That is the only reason why I see some governments accepting bitcoins.

[dothebeats]

Sending important transactions and having that certain transaction stuck due to unconfirmed transactions backlog. Mostly due to carelessness and not checking the recommended fees for a transaction to be confirmed on the next block.

[staceyoh]

I hope that someday the government
will realize that bitcoin has a big help to many
people and it is not a threat to a country.

[Mike Mayor]

I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?

Anonymity is the least of their concern, what bother's them is the possible damages it can cause to an economy
bitcoin is continuously gaining popularity if people prefer using bitcoin over their own currency it will affect their
economy badly.

I have already explained it a few times

Even if Bitcoin was not in fact conceived by some secret service or agency, it can still be used as a financial weapon by powerful governments (like the US) against unstable governments (like that of Venezuela). It is like spreading a lethal virus which only you have a vaccine against or are immune to. Bitcoin is not dangerous to stronger currencies like the US dollar but it can be deadly to weaker ones. It is like foreign currencies substituting the collapsing local one, but it is more dangerous since the failing government can still control the spread of a foreign currency inside the country through banks (by limiting or prohibiting non-cash transactions with it). This doesn't work with Bitcoin since it is not just a currency but also a payment system in its own right and which defies government control



In cyberspace no one can hear you scream

This is perfectly answered and makes a lot of sense. You know the government doesnt want to lose control through lose of power and as this guy says bitcoin csn easily replace the currency of week fiat currency from third world countries and this will cause uproar and upset the government since they can no longer be in control of the wealth bit rather it is the people that control it.

Oh and cool picture. It sums it up well.

[coynedterm]

I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?

The big problem in bitcoin is the secret of you can say privacy of the user that is not can be seen by anyone .
Since according to simple tracing system anyone can track transactions of the user , So here is a big chance to adopt bitcoin as officially local currency to make all the transactions clear and legal .
But I think if a new thing join with the bitcoin that everyone or alteaslt some special user( like government officers) can track the bitcoin and its user fully then it is possible the any country can accept bitcoin without any problem .

[Vaskiy]

I hope that someday the government
will realize that bitcoin has a big help to many
people and it is not a threat to a country.

Government has started to regulate bitcoin's technology than bitcoin. Every country have plans of generating their own digital currency. It doesn't seem to be a threat to the country, but several countries have warned public that bitcoin is used on their own risk. No law to regulate officially.

[Dudeperfect]

This is something that must be done on legal grounds, I mean any online signature campaign to approach government could not be a single way. I would like to quote this article, and I see a very positive picture in near future.

India's top law firm are working hard to proactively represent Bitcoin and suggest best practices to RBI. (RBI is a central regulatory bank of India).