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Author Topic: why should governments allow bitcoin to continue grow?  (Read 2960 times)
brodou
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October 29, 2017, 06:19:18 AM
 #201

The bitcoin helps the countries to make their economy better. Look at countries like Japan which accept the bitcoin as a normal currency, it raised its economy and developed it
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October 29, 2017, 12:23:15 PM
 #202

Governments aren't allowing Bitcoin to grow. There is nothing they can do to stop it. It's a globally distributed decentralized computer network that provides an immutable ledger, IMMUTABLE.

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October 29, 2017, 12:27:35 PM
 #203

That government which quickly will begin to apply a blockchain and cryptocurrencies will be able to use it in own favor earlier. It as with any new technologies: you can stand away from inevitable progress or can participate in it, develop and introduce new technologies in life. As is well-known: "If you cannot suppress, then it is necessary to head"

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October 29, 2017, 01:46:45 PM
 #204

hi there
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
Yes governments should allow bitcoin to continue grow because bitcoin has already helped so many people especially in their financial status. In bitcoin people are able to gain so much money and people ae able to earn so much money in just using the less of their time and the less of their effort.

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October 29, 2017, 05:56:25 PM
 #205

do they have a choice ? remember CHINA ban the bitcoin on their country ! what their people did ? went out oof china and live to japan and keep having bitcoin ! this is bitcoin you cant do anything but to accept !

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October 29, 2017, 05:58:20 PM
 #206

What do you mean by ALLOW.? It's not their decision to tell us what we can use it what we can not. Of course they wanna control money but it'll be too tough decision for them to hold back crypto.

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bitcoinVPSD
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October 29, 2017, 06:28:41 PM
 #207

I think the government should let bitcoin continue to grow. Because the government wants to develop the country, the people of the country must be very wealthy. Therefore, they should encourage people to invest in bitcoin. And bitcoin is also very safe. It can cope with the economic crisis in the future.

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jc89
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October 29, 2017, 06:48:19 PM
 #208

hi there
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using

Maybe because btc can help boost a country's economic status on a certain point. What's more important thing that yhe government should not overlook is how it helps those who are struggling due to unemployment. Btc helped (is helping) people to have sources of income while they aren't getting lucky enough to land a stable job. Unemployment rate is a serious situation and it reflects an economic status at some point so it should be addressed.
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October 29, 2017, 06:54:40 PM
 #209

What do you mean by ALLOW.? It's not their decision to tell us what we can use it what we can not. Of course they wanna control money but it'll be too tough decision for them to hold back crypto.
Good luck convincing normal people that the government has no business in their decision making process. Smiley

I don't see how they would control crypto either though. Would take some serious global scale effort from all governments combined to destroy trust and interest in crypto. And we all know that governments can't work as a team.

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October 29, 2017, 06:57:11 PM
 #210

They should allow bitcoin and crypto to grow because it is in their ultimate best interests.  The strongest countries are those that have the best educated populace and free market in which innovation can flourish.  By empowering the power, the government itself becomes strong.

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October 30, 2017, 05:04:38 AM
 #211

Goverment in some countries, allowing bitcoin and to continue grow beacaue it really helps to the nation's people changing there lifestyle as they have money to earn. Also, the government understands that every people needs money as they need commodities and necessities. Now, bitcoin's value is increasing and may give much more profit in the future. Smiley

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October 30, 2017, 06:47:57 AM
 #212

Bitcoin is the future of economy so any country that neglect Bitcoin or doesn't develop their own crypto currency will be more likely the economy will collapse because international trading would be through digital currencies and some countries are now refusing dollar as payments.

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October 30, 2017, 06:50:58 AM
 #213

Government should allow Bitcoin to continue to grow because it can help people to achieve or to obtain money to support them. We all know that government cannot help every citizen under their country so instead of banning Bitcoin they should just support every Bitcoin user in their country. But the problem is Government can't find a way to Control Bitcoin , to get from Bitcoin so Bitcoin is banned in some countries.


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October 30, 2017, 06:56:00 AM
 #214

Last week, CNBC conducted a non-science online survey with the question, "Where will Bitcoin go?" Targeted at market participants.
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October 30, 2017, 01:17:51 PM
 #215

Do you want to see "government" declare war on Bitcoin or something?  Well, I think this is time for Crypto to take over. They ain't going to succeed.
 I bet they are currently grouping, regrouping and scheming to destroy Bitcoin... Fortunately the whole thing is moving faster than they can figure something out.
For prevailing bitcoin all over the world the governments should legalize and regularize bitcoin as their acceptable currency. If the governments do not take any interest then it will be very difficult for bitcoin to take over. Then it will be just a coin business and will not be the mainstream of all the currencies. So I think that all the governments should think seriously about bitcoin.

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October 30, 2017, 01:55:40 PM
 #216

Because the government wants to have an advantage over ownership of bitcoin owned by its citizens. If the community has enough bitcoin in the country concerned, it will indirectly improve the economy of a country.

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October 30, 2017, 01:56:54 PM
 #217

When the economy of the country is weak, and Bitcoin comes to make the economies of developing countries, all countries want bitcoin but because of the economic regulations of a country that can not immediately legalize bitcoin in this country.

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October 31, 2017, 05:58:31 AM
 #218

hi there
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using


I think thats because bitcoin can help each country's economic status to grow, it may contribute a lot in their progress that will also distributed into their community. Governments should allowed bitcoin to run and be use by the people bitcoin it may be a way for a person to be successful someday and a contribution also for their country.

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October 31, 2017, 06:04:49 AM
 #219

Every state and government should adapt Bitcoin and crypto currency as be part of trading and for economy. Even in my country Philippines is adapting Bitcoin and more members in this forum are Filipinos. Some investors of Bitcoin and Altcoins are Filipinos. And now we're happy because our government didn't try to regulate and stop us engaging Bitcoin in any ways.

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October 31, 2017, 06:06:36 AM
 #220

hi there
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using

It depends on the country, Here in the philippines our government does not really care about bitcoins but only battling with drugs. They also broadcast here in this country that bitcoins is a scam but maybe they just envy the value of bitcoins and they cant earn it.

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