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Author Topic: How to make governments accept bitcoin?  (Read 28901 times)
OrangeII
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April 29, 2017, 08:06:34 AM
 #541

We don't have to push to our governments the usage and adoption of bitcoin. We just need to keep on using it because in the end they are going to voluntarily accept it once they are seeing a lot of good things that bitcoin can contribute to our society. And what is happening now there are some countries that are accepting it.
Perhaps, not many governments are able to take advantage of technology from bitcoin due to technological limitations owned by the country. Many things we can do to show bitcoin for the better, but, it depends again from the government to accept it or not. But I'm really sure that someday bitcoin will be accepted.


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April 29, 2017, 08:49:39 AM
 #542

You ask how?
Well if bitcoin becomes a centralized currency the corporate overlords can use it to gain profit to their people.
Why would they legalize it if they can't gain anything from it?
The key is the government wants full control of bitcoin and its users. But you know that bitcoin is decentralized and makes the government prohibit bitcoin or not legalize bitcoin
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April 29, 2017, 08:58:46 AM
 #543

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?

Ofcourse we need to explain the different instances that bitcoin have. We mus tell to the what are the advantages of using bitcoin and accepring it. We need to show them that even bitcoin have many disadvantages we can fix it and find the right way to fix it. We must show to the how bitcoin help us in different aspect in our life. Bitcoin today is very helpful in our society and many people are going to use it and earn for it.


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April 29, 2017, 09:04:54 AM
 #544

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?

We must show to them how bitcoin helps us and the advantages of accepting it. It can make every person's life very easy if we use bitocoin. We will show to them that this bitcoin is use in many ways such as buying in groceries, buying online and even in transportation. Goverments must see that even bitcoin have failures it will overcome it and fix it then it will have it's progress in order to be more popular and best among the other alts.

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April 29, 2017, 09:13:04 AM
 #545

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?

Let me correct your statement. Bitcoin is not a threat to governments out there but its a threat to the banking system. The Banks are the one who are really running them. You are basically taking away a magic wand from bank owners and making them peasants. The Real problem with bitcoin is that people can evade taxes and thats a big no no for the governments. They won't be able to provide the basic services. This can be solved by asking the public to donate to fulfill these services. There are countless possibilities with bitcoin but governments won't be supporting it any time soon. Unless the banks disappear in thin air. well that's my opinion.
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April 29, 2017, 09:15:39 AM
 #546

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?

We must show to them how bitcoin helps us and the advantages of accepting it. It can make every person's life very easy if we use bitocoin. We will show to them that this bitcoin is use in many ways such as buying in groceries, buying online and even in transportation. Goverments must see that even bitcoin have failures it will overcome it and fix it then it will have it's progress in order to be more popular and best among the other alts.

But before saying those things the biggest problem is how do the thirdworld country adopt the bitcoin if they are not a computer illiterate and their country is not really advance in technology . That is the biggest problem. But if it will gonna happen then i think it is very advantage to us because we know what is bitcoin and we can take that as advantage to earn more from the pumping of bitcoin



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April 29, 2017, 09:47:20 AM
 #547

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?

We must show to them how bitcoin helps us and the advantages of accepting it. It can make every person's life very easy if we use bitocoin. We will show to them that this bitcoin is use in many ways such as buying in groceries, buying online and even in transportation. Goverments must see that even bitcoin have failures it will overcome it and fix it then it will have it's progress in order to be more popular and best among the other alts.

But before saying those things the biggest problem is how do the thirdworld country adopt the bitcoin if they are not a computer illiterate and their country is not really advance in technology . That is the biggest problem. But if it will gonna happen then i think it is very advantage to us because we know what is bitcoin and we can take that as advantage to earn more from the pumping of bitcoin
That's where you're wrong, many third world country citizens have used laptop and gadgets in their life if you're thinking that people in third world country are like tribes who's still having the lifestyle like in the age of stone you're definitely wrong.
In many parts of third world countries, especially their big city, they've used advanced technology and there's no need to struggle to access bitcoin from there. Old people there are indeed lack of knowledge in regards to technology but the new generations have used the technology since long ago.

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April 29, 2017, 10:16:15 AM
 #548

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?

Let me correct your statement. Bitcoin is not a threat to governments out there but its a threat to the banking system. The Banks are the one who are really running them. You are basically taking away a magic wand from bank owners and making them peasants. The Real problem with bitcoin is that people can evade taxes and thats a big no no for the governments. They won't be able to provide the basic services. This can be solved by asking the public to donate to fulfill these services. There are countless possibilities with bitcoin but governments won't be supporting it any time soon. Unless the banks disappear in thin air. well that's my opinion.
That is why government doesn't accept bitcoin because of being threat to the banking and also financial system because people will choose bitcoin over fiat in doing transactions rather than in banks because of a much cheaper fees and just a fast confirmation or delivery of the bitcoins that have been sent. Government will accept bitcoin unless they were able to take control of it.
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April 29, 2017, 08:45:31 PM
Last edit: April 29, 2017, 09:25:05 PM by Youresioure
 #549

You won't ever make the government accept BTC. If they do, that will be according to their own plans.

We can read, some governments have heavy investments in crypto. But that's to invest their funds and research the technology.

Accepting BTC from citizens is another question. It would be a bit too difficult to control and too valuable.
In practice, governments prefer to print their own currencies with lower value and full control over it.

Exceptions? Some of the more liberal countries such as Netherlands or the tech-experimental countries such as Japan, maybe...
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April 29, 2017, 08:51:06 PM
 #550

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?

This is very simple give them a control on bitcoin then they will accept bitcoin because government only threat from bitcoin due to its decentralization, they thought people use that money in corruption etc. So government have control on it no one can use it illegally.
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April 29, 2017, 08:55:22 PM
 #551

No, dont make governments accept bitcoin. I think it's impossible that government accept bitcoin, because bitcoin is annonymous, they cant track your identity, governments do not like anonymous currency and do ot do anything to device a tool for carry on with that type of currency and bitcoin is not going to deny that feature of itself as it will then destroy the concept of cryptocurrency
no it is not impossible, i think every thing is possible in this world. although in present time it look like difficult but i think in future when bitcoin will become more and more popular when the users of bitcoin will increase more and more,then i am hopeful that the government will take a very positve stop about bitcoin. and hope that they will consider bitcoin as legal currency,  but there is no doubt about that fact that it will take some more time. because the users of bitcoin are still very low.
Yes you are right it is not impossible and as you can see the steps of japan which are going to regulate bitcoin in their country officially from the government side. In the same way other countries will also start to take the same steps when they feel the importance of it in their state.
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April 29, 2017, 09:22:22 PM
 #552

No, dont make governments accept bitcoin. I think it's impossible that government accept bitcoin, because bitcoin is annonymous, they cant track your identity, governments do not like anonymous currency and do ot do anything to device a tool for carry on with that type of currency and bitcoin is not going to deny that feature of itself as it will then destroy the concept of cryptocurrency
no it is not impossible, i think every thing is possible in this world. although in present time it look like difficult but i think in future when bitcoin will become more and more popular when the users of bitcoin will increase more and more,then i am hopeful that the government will take a very positve stop about bitcoin. and hope that they will consider bitcoin as legal currency,  but there is no doubt about that fact that it will take some more time. because the users of bitcoin are still very low.
Yes you are right it is not impossible and as you can see the steps of japan which are going to regulate bitcoin in their country officially from the government side. In the same way other countries will also start to take the same steps when they feel the importance of it in their state.

Not all government, think like Japan, they have different ideas on how will they accept or treat bitcoin. I think the government know what bitcoin can do, that it can help the economy of the country, but they are also thinking about the risk that may ruin not only the people but also the country. I think they will be just sitting and wait first on what and how Japan will do after accepting bitcoin, I think they will base their action after what might happen in Japan.
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April 30, 2017, 07:00:53 AM
 #553

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 into our generation now, not all government will accept bitcoin. Because most of the government so far was centralize, which means they cannot control bitcoin due to it is decentralization. It will only happen to accept if bitcoin will become centralize but s that's too impossible to be happen.
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April 30, 2017, 07:09:55 AM
 #554

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 into our generation now, not all government will accept bitcoin. Because most of the government so far was centralize, which means they cannot control bitcoin due to it is decentralization. It will only happen to accept if bitcoin will become centralize but s that's too impossible to be happen.
Not all governments accept bitcoin, because they only see the dark side of the bitcoin. Maybe they think, bitcoin will bring the country worse, and maybe will make the country a loss. Even when bitcoin prices go up so high, it probably will not make them think that bitcoin is good, until many countries accept it.

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April 30, 2017, 07:16:19 AM
 #555

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 into our generation now, not all government will accept bitcoin. Because most of the government so far was centralize, which means they cannot control bitcoin due to it is decentralization. It will only happen to accept if bitcoin will become centralize but s that's too impossible to be happen.
Not all governments accept bitcoin, because they only see the dark side of the bitcoin. Maybe they think, bitcoin will bring the country worse, and maybe will make the country a loss. Even when bitcoin prices go up so high, it probably will not make them think that bitcoin is good, until many countries accept it.

due to the fact that bitcoin is decentralized and it is hard to operate and manipulate putting taxes on its user ,they don't gives a lot of attention to it too. Though they know it can be benefit their people as much as possible they don't want it known same with it can be used illegally.

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April 30, 2017, 07:39:48 AM
 #556

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?
Here in my opinion the best idea to accept the bitcoin is that they create and launch Thier own bitcoin​ wallet and made a rule that we are restricted to use only tat wallet or just resitered the adress that you want use with the ekyc verification .
So in these both the case government authority will be able to trace our all the activities in the bitcoin and make it fully open and no black money like thing .
And according to our earning in the bitcoin take the tax , in this way we can make earning legally and will support to the country by tax.
Hopefully it happened , but I don't thin that all this is possible .
Here the example of the Japan to accept bitcoin ad legal payment will surely made the change in the thinking of the government of the countries who didn't want to allow the use of the bitcoin .

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April 30, 2017, 08:20:29 AM
 #557

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?
Here in my opinion the best idea to accept the bitcoin is that they create and launch Thier own bitcoin​ wallet and made a rule that we are restricted to use only tat wallet or just resitered the adress that you want use with the ekyc verification .
So in these both the case government authority will be able to trace our all the activities in the bitcoin and make it fully open and no black money like thing .
And according to our earning in the bitcoin take the tax , in this way we can make earning legally and will support to the country by tax.
Hopefully it happened , but I don't thin that all this is possible .
Here the example of the Japan to accept bitcoin ad legal payment will surely made the change in the thinking of the government of the countries who didn't want to allow the use of the bitcoin .

I admit that wallet can sometimes control your bitcoin but this is not a 100% controllable and I think that the government of that certain country can not do such a thing in controlling the people mind and idea especially if all wallets are online, and they can not do a wide control over certain wallets they don't a power to do such things and people are are using bitcoin will be against it and would conduct rallies that fight the government.
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April 30, 2017, 08:24:15 AM
 #558

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?
Here in my opinion the best idea to accept the bitcoin is that they create and launch Thier own bitcoin​ wallet and made a rule that we are restricted to use only tat wallet or just resitered the adress that you want use with the ekyc verification .
So in these both the case government authority will be able to trace our all the activities in the bitcoin and make it fully open and no black money like thing .
And according to our earning in the bitcoin take the tax , in this way we can make earning legally and will support to the country by tax.
Hopefully it happened , but I don't thin that all this is possible .
Here the example of the Japan to accept bitcoin ad legal payment will surely made the change in the thinking of the government of the countries who didn't want to allow the use of the bitcoin .

I admit that wallet can sometimes control your bitcoin but this is not a 100% controllable and I think that the government of that certain country can not do such a thing in controlling the people mind and idea especially if all wallets are online, and they can not do a wide control over certain wallets they don't a power to do such things and people are are using bitcoin will be against it and would conduct rallies that fight the government.

They may be able to control it but it will ask permit to its user or owner if they will allow it to control or open just like our own bank. our bitcoin wallet will not allow o ruin their name for a small amount of coins.

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April 30, 2017, 08:59:26 AM
 #559

I don't think that in my country government will start accepting bitcoins or will start supporting bitcoins as they are involved in corrupted activities and if they start accepting bitcoins then it will be an full stop to their insane activities so I don't think that it will ever happen in future.
Not all the governments are same there would be many who will believe in development of the country and allowing bitcoins will help them in reducing the unemployment issue and will contribute in better development of their economy.
I agree.
We all know that governments aren't same.
There are still countries who believes in the power of bitcoin.
So there's a possibility that someday, all the countries will surely accept the bitcoin if they knew its good effect. Smiley
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April 30, 2017, 10:40:30 AM
 #560

You ask how?
Well if bitcoin becomes a centralized currency the corporate overlords can use it to gain profit to their people.
Why would they legalize it if they can't gain anything from it?
You can see. Bitcoin can not be changed to centralization. The nature of the decentralized and anonymous bitcoins will always be in the bitcoin body. And that means bitcoin will continue to be illegal because the government does not dare to take risks
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