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Author Topic: Why government don't accept bitcoin???  (Read 876 times)
joebrook
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December 25, 2017, 03:34:18 PM
 #81

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..
Most governments have their own reasons as to why they are currently not accepting bitcoins in their country regardless of that, people are buying and selling bitcoins there and if someone decides to accept bitcoin as a payment method, They can do it without the government.



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December 25, 2017, 05:02:29 PM
 #82

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..

because they cant control them. thats it. do you want to love someone you can control
Rhosadah
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December 25, 2017, 07:41:32 PM
 #83

Virtual currency is hard to control.
Bitcoin exchange rate up and down purely following the market mechanism. The government can not control the exchange rate, unlike the yuan against the US dollar. The government does not like something that can not be arranged.

Easy to use for fraud
For some people who understand the movement of Bitcoin, it could be a profitable investment.but for those who do not understand can be bandwagon and deposit the money to buy Bitcoin through any place so that there can be fraud.

Destroying the investment world
Bitcoin is potentially bubble and breaks out after a lot of popularity and lots of people want to have. Proven with its value that skyrocketed from $ 3000 to $ 1000 in just 8 months.when bubbles break and prices fall, investors will be harmed.

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December 25, 2017, 08:30:34 PM
 #84

Government, church - all these things want is to control you - now when bitcoin can't be controlled it's a threat to them so they try to eliminate said threat - isn't it obvious?
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December 27, 2017, 11:11:36 AM
 #85

For the same reason that bitcoin can't be controlled by them. Government have no control in bitcoin, it is decentralized and not regulated like any fiat currency where they have all the controls.
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December 27, 2017, 11:18:42 AM
 #86

Tax. It's the major reason.
Anonymity, it's the second one and most troubling. Bitcoin can be used for money laundering and illegal business which is somewhat untraceable.

TAX TAX TAX this is the major reason

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December 27, 2017, 11:50:42 AM
 #87

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..
The government doesn't want to accept bitcoin because they will earn not from it, not like in fiat money the government controls the flow and taxes/transaction fee of it. While in cryptocurrency we users controls and transacts it.
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December 30, 2017, 05:48:48 PM
 #88

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..

Most likely they are afraid that the currency will be difficult to track, and they do not have enough strength to analyze all the actions of people.

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December 30, 2017, 06:16:50 PM
 #89

Why? Because it can impose a tax on it, and that my friend, is free bread!
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December 30, 2017, 08:41:01 PM
 #90

Government might not be accepting cryptocurrencies due to the fact that they might still not have the technology or the right understanding or idea regarding it. Another is tge rapid change of value of cryptocurrencies.

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December 30, 2017, 08:56:15 PM
 #91

Because they don't want you to be free, that's why.
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December 30, 2017, 09:48:48 PM
 #92

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..

Beacuse government Dont care About bitcoin and They have no power to implement it
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December 30, 2017, 10:20:29 PM
 #93

You want to give to the government bitcoins? Bad idea.
I think sometimes - what is the government? People like you and me, with families, and kids - people like you and me that stand all day thinking how to screw the rest of us over.
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December 30, 2017, 10:45:57 PM
 #94

because it undermines the foundations of states. it's great, all the people are brothers, we do not need mediocre managers. when it will understand the majority there will come peace in the whole world, and bureaucrats will suck Wink. quiet revolution.

buy crypto. no buy xrp
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January 03, 2018, 03:12:27 PM
 #95

You want to give to the government bitcoins? Bad idea.
I think sometimes - what is the government? People like you and me, with families, and kids - people like you and me that stand all day thinking how to screw the rest of us over.

I think he was talking about the governments policy of banning the use of bitcoin. Well, the government will surely won't accept bitcoin because they can't control it or they don't have control on it.
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January 03, 2018, 06:15:42 PM
 #96

Bitcoin is anonymous and it will be very bad policy if government accept it because tracing transactions will be very hard.
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January 03, 2018, 07:07:03 PM
 #97

Maybe governments do not accept Bitcoin because Bitcoin is not better technology.  If you own crypto on your computer then at some point in the future your coins will be stolen.  You can try to prevent it but inevitably you will have a lapse in your little security and some piece of shit hacker will steal your coins.  You need a central authority to make sure everything is equal for everyone.  Bitcoin is not better tech than what the Federal Reserve offers.  That is why it will never replace Fiat. 

Do not accept coins from this address.  They are stolen.  All 113,026 of them  ARDOR-HKCS-V6N8-FH7T-A3SLF
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January 04, 2018, 12:13:35 AM
 #98

Tax will be hard to claim. Also, the government and central bank will not have control over the circulation of it in a country, which is why fiat is used. Basically, governments want to maintain control over the currency.

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January 04, 2018, 03:47:49 AM
 #99

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..

Tax and they can't regulate it. How can they tax you if it's anonymous? How can they regulate when they're not needed and its only peer to peer? They always need their slice of the pie and with Bitcoin, they can't get it!

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January 04, 2018, 02:21:59 PM
 #100

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..

Since bitcoin can't be controlled and what we talk about is money, the government will not approve because they are incapable of regulating the tax or transactions made with bitcoin. Tracing transactions would be very hard, they will not be informed if something bad happened, for example, using it in bad terms or illegal activities.

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