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Author Topic: How to make a win-win situation for both government and digital currency ?  (Read 539 times)
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October 06, 2017, 08:38:49 PM
 #41

Regulating the bitcoin is compromising the goal of bitcoin to remove the middle man (the fee). Government should create their own centralized digital currency and leave bitcoin alone. If there is regulation, you win some you lose some.
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October 06, 2017, 10:25:37 PM
 #42

Regulating the bitcoin is compromising the goal of bitcoin to remove the middle man (the fee). Government should create their own centralized digital currency and leave bitcoin alone. If there is regulation, you win some you lose some.

Seriously you think that is the problem? Actually there is more than what you said, having a transparency is one of the greatest threat for the government of course it is because they wanted to control each money that comes in and out of their country. And that was not the main goal of bitcoin, because if that happens who else will mine if their work is for free, there are so many features of bitcoin that doesn't have any contribution for the governments and that is the reason why some country ban bitcoin.

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October 06, 2017, 11:15:36 PM
 #43

How a government can still manage its control over currency and finance without harshly regulating digital currencies ? Can we ever have a win-win situation ? Is there any economic model for decentralized currencies ?
THe win win situation for both government and digital currency is that crypto won't be used as mainstream currency but rather it will be used like how credit card is used today. That way, governments won't need to get out of their way to go against cryptocurrencies, also they would not see it as threat for banks. Regulation would also be intact for it to be really called a win win situation for both.

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October 06, 2017, 11:34:42 PM
 #44

I think they can do adoption for digital currencies but they will put some taxes in the income for the digital currency users and i think that is a win-win situation for the both sides. Government doesn't want to accept digital currencies because it is decentralized and it is easy for the people to make money from it but for them it is impossible for them to make money from digital currencies unless they will charge taxes for it.

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December 28, 2017, 10:28:39 AM
 #45

I think shaking hands is enough
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December 28, 2017, 10:34:03 AM
 #46

Short term, there are multiple ways it can be done.
Long term it is a war and such kind of war that no government can ever win.
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December 28, 2017, 10:38:17 AM
 #47

How a government can still manage its control over currency and finance without harshly regulating digital currencies ? Can we ever have a win-win situation ? Is there any economic model for decentralized currencies ?

There can be no win-win situation for national governments and digital currencies as the former wants to exert for centralised agencies which are under its control, while the latter can never agree with a centralised model. The only winning situation for governments here is attaining the knowledge of blockchain technology which they can implement to create a national cryptocurrency, an attempt to modernize the traditional fiat system, which again leads to a centralised model.


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February 05, 2018, 12:23:25 PM
 #48

How a government can still manage its control over currency and finance without harshly regulating digital currencies ? Can we ever have a win-win situation ? Is there any economic model for decentralized currencies ?
If bitcoin creates a big change not only to its users and investors, maybe the government are going to accept it.And once that there a visible change and when the way people live gets better then maybe governments and there corresponding countries will fully trust bitcoin.

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