why should governments allow bitcoin to continue grow?

[iram3130]

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.

[bitcoinVPSD]

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.

[jc89]

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.

[BTCMILLIONAIRE]

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.

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.

[Avity]

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.

[Jedzkie050617]

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.

[dangful]

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.

[BossMacko]

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.

[nguynthgiabanh]

Last week, CNBC conducted a non-science online survey with the question, "Where will Bitcoin go?" Targeted at market participants.

[aencarnaci]

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.

[rasmadisulaiman]

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.

[bbs98]

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.

[Dainye_dyep]

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.

[Bastime]

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.

[webdevmastery]

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.

[Zabercoin]

Because it will be favorably for government if they will controll the bitcoin. Growing of it will bring them more money.

[Pamadar]

for me,, bitcoin is an amazing currency helps bitcoiner to fight with proverty and overcome financial problem. and i think governments should allow bitcoin to continue grow for welfare of their countries people

If the government understand the great offer of this investment I'm sure they will allow bitcoin to grow if they won't think about personal gains bitcoin will bring good profits, people who understand this investment will have a bigger chance to enjoy financial stability so they should allow bitcoin to continue to grow.

[BTCMILLIONAIRE]

for me,, bitcoin is an amazing currency helps bitcoiner to fight with proverty and overcome financial problem. and i think governments should allow bitcoin to continue grow for welfare of their countries people

If the government understand the great offer of this investment I'm sure they will allow bitcoin to grow if they won't think about personal gains bitcoin will bring good profits, people who understand this investment will have a bigger chance to enjoy financial stability so they should allow bitcoin to continue to grow.

If only governments were truly interested in the betterment of humanity. So far it seems like all they care about is silly games and gaining power and money instead of pushing humanity forward.

[daarul50]

Because the government can not directly control all transactions with bitcoin where we know that bitcoin is global, so the government just let it grow as an investment choice for its people without giving any response to the bitcoin owner. Can we make sure the government does not want to be responsible for losses that occasionally hit a bitcoin user? But by letting it grow then the government did not forget to keep monitoring its development because at any time bitcoin could be dangerous or beneficial for a government.

[Rodeo02]

Because the government can not directly control all transactions with bitcoin where we know that bitcoin is global, so the government just let it grow as an investment choice for its people without giving any response to the bitcoin owner. Can we make sure the government does not want to be responsible for losses that occasionally hit a bitcoin user? But by letting it grow then the government did not forget to keep monitoring its development because at any time bitcoin could be dangerous or beneficial for a government.

True government never want to take some responsibilities about bitcoin but they let it to grow than banning it so while they letting it grow if some take a concern about bitcoin in the government i think that they are no take some action about it. i short they let bitcoin but they dont let people to take just to make a concern.