vckubvbm
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November 28, 2017, 02:02:27 PM |
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The government always wants to be powerful, and always does not want new things to snatch their own cheese, unless this new thing is helpful to yourself. And bitcoin is also a huge threat to the banking industry. So it's often seen that the government and the bank - related people are blowing up the bubble of bitcoin
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"With e-currency based on cryptographic proof, without the need to
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effortless." -- Satoshi
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odakorlina
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November 28, 2017, 02:25:26 PM |
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To compare between Bitcoin and the government . Bitcoin is uncontrollable by any central organization. Government should recognized this currencies and make some rules and regulation to have shares of it. There are many complicated conditions that should be considered before implementing a cryptocurrency to be officially adopted in a country. Maybe, it's normal to predict a position in the next few years as well as in the political changes.
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vegethegreat
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November 28, 2017, 02:30:09 PM |
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Definitely yes that cryptocurrency has an effect to economy. If the government will legalize cryptocurrency they will impose tax. Government will receive a huge amount of money coming from the taxes. But theres always a consequences.
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zais
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November 28, 2017, 03:06:15 PM |
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Hi btkers , discussion about the relationship between governments and cryptocurrencies.
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?
The Indonesian government seems to have yet to provide clear regulation on virtual currency including bitcoin. The government's stance is generally to prohibit transactions using currencies other than rupiah across Indonesia. But to determine the bitcoin as a commodity or not is also unclear. |
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caloy06
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November 30, 2017, 11:55:33 AM |
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Bitcoin is a site that has a huge amount of money to earn and make a bitcoin.Bitcoin is the life of the loser while the bitcoin value grows in size.Bitcoin will change our world and get to the hardest of our country's poverty. Bitcoin will also cause the development of a poor and low-class nation. It's easy jobs and leverage when bitcoin has their attention and time.
Governments are required by law and need to follow in order to improve a country.A government is the system or group of people governing an organized community, often a state. In the case of its broad associative definition, government normally consists of legislature, administration, and judiciary.
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Fretcy
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November 30, 2017, 12:03:19 PM |
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The Governments all over the world are not regulating bitcoin as the main currency due to several factors such as bitcoin network is highly decentralized and no one has control over the network not even the government and the central banking system, they cannot impose tax as there is high anonymity in using the bitcoin and blockchain technology, no one will be able to know who is sending money to whom only the receiver and the sender knows through the network, as it is a peer to peer payment system. As more and more user's are entering the bitcoin network the Government from most of the countries are trying to adopt this bitcoin and blockchain technology by creating a new crypto currency like bitcoins.
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The Alchemlst
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BITDEPOSITARY - Make ICO's , More Secure
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November 30, 2017, 12:10:30 PM |
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Government don't want that their people use a decentralized currency with anonymous transactions because government can't keep an eye on the money of public and there will be also taxation issues. Many countries have already legalized bitcoin but they regulated it first. Yes they can strongly affect the economy of a country if majority of the people in a country use them.
Its time they reconsider each local currency and market system and try to learn from bitcoin. Trying to change bitcoin and be hostile with it will get them to nowhere, they can't stop bitcoin by banning and whether they like it or not it truly will affect the economy but in an advantage for the people whom the government should be serving in the first place. |
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learner 7
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November 30, 2017, 12:24:52 PM |
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In the government as a rule there are rich people who want to maintain their influence. And they are satisfied with the existing order in all the new they see as a threat. The government should not regulate bitcoin. Over time, the community will solve its problems.
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Wagako
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November 30, 2017, 12:30:07 PM |
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Hi btkers , discussion about the relationship between governments and cryptocurrencies.
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?
Governments has been always the reason why the legalization of bitcoin is still delayed. So I think it is good that bitcoin will not be legalized so that government will not going to control it |
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MWesterweele
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November 30, 2017, 12:36:17 PM |
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The government always wants to be powerful, and always does not want new things to snatch their own cheese, unless this new thing is helpful to yourself. And bitcoin is also a huge threat to the banking industry. So it's often seen that the government and the bank - related people are blowing up the bubble of bitcoin
I think if bitcoin and government is combined, it is much more disadvantages than advantages. And its better if bitcoin dont try to get invovle in government just stay the same, no government to control it and bitcoin is free to move and no law to obey. Bitcoin is much better even without government companion to over rule it and what to do. |
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kier010
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November 30, 2017, 12:48:07 PM |
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government need to collect tax and they can't collect from bitcoin. some countries are already studying it how they can implement it in their country.
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Tapyaks72
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November 30, 2017, 12:48:29 PM |
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The government always wants to be powerful, and always does not want new things to snatch their own cheese, unless this new thing is helpful to yourself. And bitcoin is also a huge threat to the banking industry. So it's often seen that the government and the bank - related people are blowing up the bubble of bitcoin
I think if bitcoin and government is combined, it is much more disadvantages than advantages. And its better if bitcoin dont try to get invovle in government just stay the same, no government to control it and bitcoin is free to move and no law to obey. Bitcoin is much better even without government companion to over rule it and what to do. The are only two possible things happen it either the government will adopt Bitcoin or the government will not recognize Bitcoin.because Bitcoin can work without government interventions because block chain technology work it self with out third party interventions its a peer to peer transactions. |
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quocsi
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November 30, 2017, 12:55:11 PM |
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I think the government does not allow people to use bitcoin for many reasons. The value of bitcoin is unstable. invest in bitcoin if you do not know how prone to pretend virtual fake pages and misappropriation of money. This is because the deals are mainly on the internet so the risk is quite high. Hackers can steal your money. Bitcoins are also tax exempt so allowing people to use bitcoin is not profitable for the government. If people use bitcoin, they must close the bank.
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cipher-x_09
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November 30, 2017, 12:55:26 PM |
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Probably they can co-exist if the government will have the possession and control of bitcoin especially if they can be imposed regulatory tax on bitcoin. But as of now even though many businesses and banks here in our country are accepting bitcoin exchange or cashing out the government are wary of buying bitcoin in our country especially now that the holiday season is coming, that people may spend their bonuses and benefits in buying bitcoin which is why they are imposing some regulations regarding the transaction of bitcoin.
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bocyaj
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November 30, 2017, 01:04:39 PM |
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In the government as a rule there are rich people who want to maintain their influence. And they are satisfied with the existing order in all the new they see as a threat. The government should not regulate bitcoin. Over time, the community will solve its problems.
Not only chinese government try to get control of bitcoin,all the government including american government.All the reason behind this is bitcoin make a influence in their own country economy.Bitcoin give a job to unemployed people,give money to the people need of additional money apart from their salary.This are the reason behind the government activity in bitcoin. |
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CryptoLoverz
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November 30, 2017, 01:16:59 PM |
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for me personally, it can help in financial. and i admitted that bitcoin is best resource to earn money.
so, just imagine if government, all people that work in government try invest or work in bitcoin, believe it, will be advancing the nation, decrease unemployment, and many thing that bring positive impact
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BlackRacerX
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November 30, 2017, 01:58:43 PM |
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Hi btkers , discussion about the relationship between governments and cryptocurrencies.
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?
Bitcoins and governments don't go too well together. The government, in our case, always wants a piece of everything we have. So to even try to harmonize bitcoins and the government would be catastrophic to us owners. They'll tax it. They'll "regulate" it is what they say. Only for us to fine out that they're leeching the hell out of our bitcoins. |
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oppasong
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November 30, 2017, 02:19:01 PM |
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If a country has legalized bitcoin, then the government will cooperate with the crypto world in a country's economic growth.
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Amanda Krause
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XWIN CryptoBet ICO 01/01/18
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November 30, 2017, 02:27:06 PM |
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The governments don't want to officialize bitcoins because it's a decentralized currency, and it means that government can't control transactions. The taxes are important  |
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DewiKirana
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November 30, 2017, 02:46:35 PM |
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I think the government should first think about whether to legalize bitcoin domestically, think of its positive and negative impacts. If they think, bitcoin has a greater negative impact on positive impacts, the government will not legalize it, and vice versa. I strongly believe that bitcoin can affect the economy of the country, if the prosperous economy rely on bitcoin then the country's economy will improve.
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