why should governments allow bitcoin to continue grow?

[mistanama]

There are so many reasons why governments do not let the Bitcoins increase. And one of the most important reasons is that they can not stop it because they do not hold the Bitcoins. Bitcoins are decentralized and this can not control anyone. So they will not be able to accept what's happening and embrace new technologies that can make the world a reality.

[rodel caling]

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

its simply to elaborate why bitcoin continue to allow government to grow its because bitcoin are big help to the community of every country to give of the people have a decent job using bitcoin as source of income.

[Victorycoin]

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

They don't have a reason. I'm more surprised that a lot of governments haven't been shutting Bitcoin down to be honest. It's something that will completely disrupt the entire power structure of the world, assuming that it grows in the same way it has been over the past few years. Something completely freeing up the average person so that the work they have actually has value instead of giving them a constantly inflating and depreciating token would completely upend a lot of countries' means of controlling their citizens, and that would be profound in far more ways than you may want to believe. It's almost worrying what could happen should Bitcoin replace the primary financial structures.

I think they actually have a reason for allowing Bitcoin to grow and the reason is that they have come to realize they cannot effectively ban Bitcoin and it was never for lack of want to try as a number of governments have already experimented with a ban on Bitcoin, but which instead turned out as Bitcoin massive  promotion campaigns.

Bitcoin is a force, whose time have come, the governments across the globe stand to lose out completely by trying to stand in its way. Their only hope is to instead embrace legalization and have some measure of control or keep fighting a losing battle.

[aa.aep]

Bitcoin can help the economy and can reduce poverty someday. There will be more businesses, traders, investors and opportunities for everyone to get involved. Because they apply the rules for exchange, millions of taxes can also be collected if the government allows Bitcoin to continue growing as the community might support and invest in Bitcoin, I see no reason to have any problems or conflicts with it. Whenever we withdraw our funds in the local exchange, there is a tax, so that's why they need to let Bitcoin grow and thrive

[bozo333]

Bitcoin can help the economy and can reduce poverty someday. There will be more businesses, traders, investors and opportunities for everyone to get involved. Because they apply the rules for exchange, millions of taxes can also be collected if the government allows Bitcoin to continue growing as the community might support and invest in Bitcoin, I see no reason to have any problems or conflicts with it. Whenever we withdraw our funds in the local exchange, there is a tax, so that's why they need to let Bitcoin grow and thrive

people will be growth. country automatically improve the future. Bitcoin is improve the country people and people know the all thing. how it will use and how to invest and improve the more confidant for the gather for the economy. Bitcoin is future digital currency. So it will be use the bitcoin for the all country and use to the more transaction the money. 

[Kotone]

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

THE GOvernment should allow cruptocurrencies to grow and prosper as this is something that can help elevate their country if used properly. THey would ensure faster transactions, safer and cheaper ways to invest and would be anle to provide a chance to other people to earn

[yoseph]

Bitcoins have created wealth for a lot of people and we all know how the governments likes to take money from people in the name of paying taxes. The more the people earn, the more taxes they pay so in reality, its a win for the government.

[Yanidas]

For taxes and control first of all. Bitcoin isn't really anonymous and it's quite easy to trace back addresses and transactions and governments love that. They just need enough time to wrap their heads around how to profit from it by making it "legal".

[mevmike]

governments should allow bitcoin to continue in growing because they will only create more dangerous way for people to do transactions.
bitcoin may indeed take away the taxation power of the government but they can still collect it through exchanges.
but by totally banning the use of bitcoin people will only find a new way to avoid the prying eyes of the government and this could be far more dangerous.
sometimes we need to sacrifice something for the greater good..

[youdacapt]

For taxes and control first of all. Bitcoin isn't really anonymous and it's quite easy to trace back addresses and transactions and governments love that. They just need enough time to wrap their heads around how to profit from it by making it "legal".

Tracking the flow of transactions can still be fooled by mixing services, some wallets can also generate addresses of applicable transactions, this becomes a problem for the government, if there are thousands of people doing money laundering, then their database will not have enough competence. .

the way the government legalizes bitcoin is to try to engage in crypto currency and generate its own currency. So investment benchmarks must pass their currency and clearly the government will greatly benefit from the tax sector.

[Black Alpha]

Government should allow bitcoin to grow as bitcoins is going to be a new currency in the upcoming era.
It can help the low salary workers to get a money to buy their needy things in their daily life so that they wont face poverty
So the government should mark this as a point
And bitcoins can't be earned in wrong way. 

[doblok]

Perhaps because of the better economy so many countries let bitcoin growth to date, and of course bitcoin can have a positive impact on the economic development of this country, so the government let its development and for me personally bitcoin is a good source of income.

[paul00]

governments should allow bitcoin and legalize it in countries since it aids unemployment and increases the opportunity for each citizen. since it is already known to us that bitcoin can really provide with the financial needs, bitcoin gives opportunity to people to earn their money in a simple and digital way. most of us at age are into computer internet and cellphones, and having bitcoin provides us useful way in spending way our time in this things usefully and efficiently.

[Visbay]

Governments of course won't be too easy on this because of security concerns that crypto present. If it's just for the convenience of the people, then bitcoin would do a very good job in doing this but governments would have to consider the frauds, scams, drug trade, terror activities. There's a lot to consider so there would have to be thorough study to make sure these are addresses before it allows bitcoin to grow into national acceptance

In my opinion there can be a lot of reasons but the most important for me is that bitcoin has reduced the unemployment in countries because there are a lot countries who are completely fail to provide a jobs to their people and bitcoin have done it it’s true that it can problem in tax return to country but on other hand it provide a good source of income.

[Yarsk]

It is to the advantage of the government to allow bitcoin to continue growing this is because government have little or no control over bitcoin, but if bitcoin become legalized by the government they can now have full control over it. To for instance a situation where government play the monitoring role in bitcoin it will be easy for them to check and crack down criminals who now use bitcoin for they illegal transactions.

[Genosx]

There can be a lot of reasons. If they would outlaw Bitcoin, it would just be moved to the deep web and it will become much harder to monitor transactions and crackdown on criminals who use it for illegal operations. When Bitcoin is legal governments can just work with exchanges and other services if they need to investigate something. Bitcoin is not much different from cash - sure governments can't print more Bitcoins, but they can print more fiat and buy BTC with it. It's very likely that in the future governments and banks would adapt to Bitcoin instead of fighting it.

i agree with you sir/ma'am government must allow the usage of bitcoin to the people because if this will become legal the illegal operation in the deep web will be busted.

[romecheo]

No body have the capacity to control Bitcoin, because it was Decentralized. However, Government should support Bitcoin, They can promote Bitcoin as well, for their own countrymen.

For the wide range of poverty around the globe, if the Government of every country really have heart for their People, they should help Bitcoin to grow more, Because Bitcoin once learn by the people, it help people to have much better living.  

[Kamote_1102]

I think the main reason they're allowing bitcoin is because it's helping the government somehow.maybe in economy, or maybe they have shares with bitcoin. And maybe for the reason that it's not illegal so they dont see anything why would they stop bitcoin from growing up.for as long as it's not illegal, bitcoin will continue to grow.specially here in our contry.the growth of bitcoin is so fast.and our government is not against the growth of bitcoin

[konco_kenthel]

Maybe the government also wants to see people's lives become more prosperous because now to look for an offline job is also quite difficult so the way out in reducing the unemployment of sustainable governments should really give up the existence of bitcoin as one place that is allowed to be utilized For the community in generating income every month to meet all economic needs at all times.

[beatleap]

They shouldn't 'allow' they don't have a hand in Bitcoin. They should embrace it but certainly not allow.