[Graphic] Bitcoin vs. The Government.

[SHAWN-MIDWAYS]

The character in the the bottom right corner does not make much sense though--"you are forced to consume the little they offer" someone explain this.

Nice graphic work by the way, this can be used to help people easily understand what bitcoin really is all about and not the misconception of illegal doings.

[snipetr]

cool and simple image.

Pefect comparison between bitcoin and fiat currency. Yes bitcoin has many benefits over fiat currency but still it has some problems to regulate in common use. Only 21 millions of bitcoin can be mined, also mining costs are much high and hence the  transaction fees going much high. Also security concerns due to hacking of wallets. Again not having physical appearance is another problem for bitcoin to be future currency.
 

[mabell943]

The government itself gives the bitcoin a authority to operate and recognize by the state as a legal entity  and has a capacity to deal with investors. 
I think the government support the cryptocurrency somehiw since this business entity generates income and collected taxes which will remitted to them; 
In this way the government earn revenues to support government projects and expenditures

[harbin55]

Actually there is a wrong misunderstanding about this issue. They always make contradiction between the government and bitcoin which is not true.
The company of bitcoin and the government has a good relationship between each other since there is a win-win situation happening to them once the market value of bitcoin is rising up.
The government will collect lots of tax while bitcoin can dominate in the whole world.

[Danglen1010]

It depends upon the government if they don't want the bitcoin trading system. There is no reason that I see for the government to be anti the bitcoin trading system.
It do not pay taxes but it gives a big benefit to the government through the income that comes from the different part b of b the world.

[BlasterS]

The government itself support bitcoin in all various transaction which is a good thing in some countries all over the world. Bitcoin and government has a good relationship at all.

[BlasterS]

Government is still afraid in bitcoin because the bitcoin can kill the currency of one's nations that's why the government start to war against bitcoin and they planning to ban it in their country, they want bitcoin to post pay taxes on them because they don't earn money in bitcoin. Government will still fight it until the bitcoin end but it is a head fight for a government.

[Andrew1337]

Government is still afraid in bitcoin because the bitcoin can kill the currency of one's nations that's why the government start to war against bitcoin and they planning to ban it in their country, they want bitcoin to post pay taxes on them because they don't earn money in bitcoin. Government will still fight it until the bitcoin end but it is a head fight for a government.

I totally agree your opinion as you can see in this whole time bitcoin went up and down but the main it was only UP ; even if government will announce public that bitcoin is a bubble or a scam the bitcoin will be temporary affected not permanently ! . If something goes bad or good bitcoin has only way to go UP!!!!!

[Inggridpratiwi]

it would be better if they are more honest than just "cool"