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Author Topic: Bitcoin and Government.  (Read 3529 times)
queennathalia (OP)
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November 04, 2017, 08:27:24 AM
Last edit: April 18, 2018, 05:20:25 AM by rickbig41
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 #1

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.
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November 04, 2017, 09:00:42 AM
 #2

that's your opinion! if Bitcoin is accepted in a country and the government agrees to use payments through Bitcoin, what about the conventional money used every day? this indirectly will make the infrastructure of a country no progress forward

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November 04, 2017, 09:11:40 AM
 #3

Very important issue for at this moment I seen ever.Really your opinion is so much pretty but all countries government not try to understand Bitcoin important this is big problem.Even some governments announced Bitcoin is illegal.

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November 04, 2017, 09:15:37 AM
 #4

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

Its good for you but may not be good for your government. The list you put up is all the benefits from having bitcoin used by people. But government thinks otherwise. Then think that bitcoin is a scam, for Ponzi scheme and used for illegal activities. So as much as we really want bitcoin to be accepted by a lot of countries, there are some government thinks otherwise. That's why they have put a total ban on crypto's. And you know what who suffers? its their citizens. So you can't do anything about it except go underground or move to a country which bitcoin or cryptocurrencies are accepted like Japan.

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November 04, 2017, 09:20:51 AM
 #5

In which countries using btc as currency is legalised
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November 04, 2017, 09:25:29 AM
 #6

This kind of thinking is flawed. Because you begin with the premise that governments are benevolent and good which are not. Plus, when government adopt cryptocurrency like bitcoin. It is decline to its countries own currency there lowering the trust and demand for it, and they eventually lose power.

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November 04, 2017, 09:32:23 AM
 #7

Bitcoin will continue to gain momentum but the high transaction fees and the necessity for middle-men to guarantee deposits before they are completed, drive up the cost of Bitcoin long term. This works against Bitcoin's mass market adaption, beyond the measure of it being a good investment opportunity. Other coins have lower fees and faster transaction times without the need for a third party to secure transaction amount before it is finalised.
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November 04, 2017, 09:34:48 AM
 #8

Why is any government important for BTC? They do nothink for BTC community, they hate any decentralization - no power for control, they wanna taxes because I am BTC user/trader/investor, they wanna regulations....I think the whole idea about BTC is based on f*ck governments and banks Cool
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November 04, 2017, 09:37:37 AM
 #9

If the government your talking about is not corrupt and self centered individuals then this would work.. But knowing how government officials only thinks for profit of they’re own and not for the country then this just a waste of time for us on hoping that big positive result. I always give the government of each country a chance to prove we’re wrong.
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November 04, 2017, 09:48:24 AM
 #10

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

Bitcoin have its own advantage and disadvantage at all aspects and when you use it on a daily basis for buying necessities I think it is not worth a try especially when buying local foods and beverages because you will need to wait for a transaction time to go through and a fees to pay with. Bitcoin is indeed convenient to use when transacting online as it is design for that purpose by doing a faster and cheaper transaction.

Fiat money has still a large role in the world and not all ages can easily use Bitcoin to all kind of things in our modern world especially those elders that can barely understand the usage of it.
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November 04, 2017, 09:55:52 AM
Last edit: November 10, 2017, 08:05:07 AM by queennathalia
 #11

that's your opinion! if Bitcoin is accepted in a country and the government agrees to use payments through Bitcoin, what about the conventional money used every day? this indirectly will make the infrastructure of a country no progress forward
I just give good opinion to everyone, if it is only read by a president or sits on the government they are certain to blush. Our opinion is the beauty of our country by using bitcoin. are you disagree? for me bitcoin is for our future money and daily needs.
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November 04, 2017, 09:59:00 AM
 #12

good predictions, I agree with you. but at the moment I still see that between bitcoin and government like oil and water are unlikely to unite, and it is impossible to complement.
of course if in the future there will be a combination of bitcoin and government, will be a lot of benefits and even more than what you write. until now we are still waiting for regulation from the government of every country so that bitcoin is legalized all over the world.

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November 04, 2017, 09:59:22 AM
 #13

For me the idea of bitcoin is really good because it gives a lot of opportunity for income and investment but seeing it with governments I think some issues needs to be consider, there's a lot of corrupt officials we all know that and I'm afraid they use bitcoin to keep the money the got from laundering. I'm afraid that if governments will have the power over bitcoin or even control over it they might use it for personal gains which will not help for the economic growth
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November 04, 2017, 10:01:50 AM
 #14

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

For some reasons you are correct but what about the people with less knowledge on how to use bitcoin? Yes it is very easy to transact through bitcoin wallet but this wallet cannot be used in some other countries market. Another thing is the government will take taxes in our bitcoin, i mean large amount of taxes will be taken from us.

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November 04, 2017, 10:01:59 AM
 #15

Bitcoin is very good for fast transactions but government has to watch the transaction details.some gambling is possible in bitcoin trading.government have to involve and support the bitcoin.bitcoin transactions fees also low than banks so it is very usefull.
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November 04, 2017, 10:05:18 AM
 #16

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Here everything is right  and also we are getting much amount of profit from the bitcoin but in actual reality what we are getting  in way of response , Because I seen that we are working in the bitcoin field from long time and the government of the country is not going to legalise and also not going to ban ( not trying to give clear action ) , so here a skeptical condition sometimes arise that how to handle to the problem .
Here government want tax to use the bitcoin but still don't want to legalise ( condition is not only in my country but is in many countries ) , so here we can say the relationship is not much better between the government to the bitcoin and bitcoin users .

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November 04, 2017, 10:11:04 AM
 #17

For me the idea of bitcoin is really good because it gives a lot of opportunity for income and investment but seeing it with governments I think some issues needs to be consider, there's a lot of corrupt officials we all know that and I'm afraid they use bitcoin to keep the money the got from laundering. I'm afraid that if governments will have the power over bitcoin or even control over it they might use it for personal gains which will not help for the economic growth
Agreed
tax evasion, money laundering, illegal activities, that's what makes government frightened. In my opinion, even the government has a lot of control in bitcoin, they cant control it, bitcoin is a decentralized open source project anyone can contribute to it, but not controlling it. the only way government deal with cryptocurrencies is to make their own version, but I bet it will be centralized and taxed.
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November 04, 2017, 10:18:30 AM
 #18

some goverments cant control about tax, but your opinion is good. imagine we can do anything when bitcoin accepted for all country in the world..

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November 04, 2017, 10:32:26 AM
 #19

I believe that is beautiful, but not applicable at short/middle time! The BTC is so young, that is it need more time to mature the coin and the technology. And a government, is against technology so new!

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November 04, 2017, 10:33:35 AM
 #20

as I know, most governments see bitcoin as a threat to their economy. the list you mentioned is a very good benefit, but not for the government. Even if the government wants to use cryptocurrency technology, I think they would prefer to create their own cryptocurrency instead of using bitcoin. One thing they can benefit from bitcoin, I think by taxing it, as it is today.
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November 04, 2017, 10:52:07 AM
 #21

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
in terms of digital money whose name is bitcoin in my country there is no government interference, whether in the future what the government will take over the bitcoin is not understood. but I do not expect that to happen, because bitcoin with its own rules is enough
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November 04, 2017, 10:53:29 AM
 #22

I agree with your overall thought. The current system needs a reformation. A crypto currency itself is a good way to handle most issues.
But with bitcoin being decentralized i don't think bitcoin will be fully "accepted" by governments in the future.
Plus the fact that bitcoin can't be regulated by the government makes it very unlikely for btc to get adopted completely.


2. Is good for payments needs to pay like billings every month.
There are better concepts to implement such a method. I would prefere ethereum over bitcoin network in this case.

4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.
Thats true, but nothing a centralized, non-pseudonymous,  system could not reproduce.

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November 04, 2017, 11:36:14 AM
Last edit: November 10, 2017, 08:06:36 AM by queennathalia
 #23

if all the government is representing the bitcoin people can understand it more easily. there are many ways to make it easier for people to know and to publish well. such as television, facebook etc. so in our day there is no reason for them not to know the bitcoin value.


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November 04, 2017, 11:37:55 AM
 #24

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Bitcoin's aim from the very beginning was to split from government and not be controlled by a bunch of people. Fortunately, even if some laws appear to make btc regulated (say, tax laws) it will not really influence the decentralization. Marketcap is too big to be controlled by any government, even the richest one. There are other projects like XRP or Blackmoon which seek a way for btc to be fully legal and perhaps partially controlled by banks. Bitcoin is incompatible with government.

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November 04, 2017, 12:08:54 PM
 #25

Bitcoin has many benefits, but not all countries support bitcoin. Some countries even consider bitcoin illegal. And if bitcoin is used by the country to pay for it, what is the original currency of the country? Huh
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November 04, 2017, 12:24:01 PM
 #26

I think accepting bitcoin as a payment in countries is enough. If ever the government use bitcoin in terms of all the said transactions, I'm sure that they will put big fee's and tax to bitcoin. However, the government won't make this happen cause it will clearly affect the economic growth of their country. Besides, there are people who doesn't even know that bitcoins exist so it will be hard for them to understand how it can be used. Aside from that bitcoin has nothing to do with the government, it is enough that they don't stop people from using it in their country.
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November 04, 2017, 12:39:25 PM
 #27

It is good if it exists. Now, some government are making ways to not allow bitcoin in their country for one reason: decentralization. Decentralization denies the government control. For this, we can't blame these countries for banning bitcoin.
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November 04, 2017, 01:36:28 PM
Last edit: November 10, 2017, 08:07:19 AM by queennathalia
 #28

It is good if it exists. Now, some government are making ways to not allow bitcoin in their country for one reason: decentralization. Decentralization denies the government control. For this, we can't blame these countries for banning bitcoin.
Maybe they're looking for ways to keep their country out of place. they are looking for reasons or find them wrong to not understand the bitcoin in their area. I think it's a big mistake, why not find it better to use bitcoin right on them places. government is wrong because of that.


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November 04, 2017, 01:43:52 PM
 #29

Governments has a lot of issues with bitcoin and other crypto currencies and even today only few welcome bitcoin in their economy though this was accepted globally and people can use it in different transactions still the issue of legality is not yet resolve by most government they think bitcoin is a scam that sooner will burst others think since its uncontrollable it may tolerate illegal activities. I guess it will need more time for government to finally accept bitcoin
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November 04, 2017, 01:54:24 PM
 #30

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Good for bitcoin users but not good for banks and government. Many government and banks are united in creating financial policy. Bitcoin as remittance service will take some portions of banks works. Banks charge good fee for international remittance. If all businsessman use bitcoin where the income from remitance service? it is taken away by bitcoin. Other things that bitcoin holders will tend to safe theit asset in bitcoin wallet. If a half of banks customers use bitcoin wallet and draw the money from banks, what happende to banks, The government will bail out and it need high liquidity. The best thing is that banks, government, and bitcoin developers work together to create the best rules,
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November 04, 2017, 01:56:56 PM
Last edit: November 10, 2017, 08:07:51 AM by queennathalia
 #31

Very important issue for at this moment I seen ever.Really your opinion is so much pretty but all countries government not try to understand Bitcoin important this is big problem.Even some governments announced Bitcoin is illegal.
You're right. They are considered to be illegal right away, the government does not even have to know the bitcoin and its good effect on people. They do not seek ways to improve people, the many ways and reasons for using bitcoin correctly. If I had the chance to explain to them the bitcoin and the goodness of the society I would do. So far, it's probably a good idea about bitcoin.

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November 04, 2017, 02:02:59 PM
 #32

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
I wouldn't say it's a good combination with our current government. Fiat can not be replaced with bitcoin, at least for now. If the government starts to acknowledge bitcoin, they will have to start regulating it, or will at least try to take control over it. Without regulation and control they won't be able to tax the citizens.

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November 04, 2017, 02:10:26 PM
 #33

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

What you are proposing is for the government to give away something evenly to every one. Have you tried considering if how would rich people react about it. They spend their life to get the fortune that they currently have and in an instant everyone will be equally worth? What government can do is have the coin somehow regulated.

The suggestion that you have is applicable if ever there will be a holocaust and existing wealth is lost.
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November 04, 2017, 02:15:14 PM
 #34

i think bitcoin is perfect for every one which want to use bitcoin and they can trying to make money from bitcoin. if there is many government is accepting bitcoin then i am sure that their citizen can start to earn money from bitcoin and their citizen can solve the poverty in their city. i think it will be great if their people can trying to search additional way to make money beside their main jobs so in the end, they can start to make their life better.
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November 04, 2017, 02:19:08 PM
 #35

Very important issue for at this moment I seen ever.Really your opinion is so much pretty but all countries government not try to understand Bitcoin important this is big problem.Even some governments announced Bitcoin is illegal.
You're right. They are considered to be illegal right away, the government does not even have to know the bitcoin and its good effect on people. They do not seek ways to improve people, the many ways and reasons for using bitcoin correctly. If I had the chance to explain to them the bitcoin and the goodness of the society I would do. So far, it's probably a good idea about bitcoin.
I agree with you.Although it's quite impossible nowadays to make it happen,but i really love your ideas.If bitcoin would be given a chance to be known deeply by our government,understanding all its potentials and the benefits people can get from it,then there would be a big possibility that bitcoin would be accepted and implemented by the government.I am really looking forward for that day to make it happen.
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November 04, 2017, 02:26:52 PM
 #36

In India there is a big scope on topic *Bitcoin and Government* because there is no law about it. But in future government may allow bitcoin in common transactions due to the following reasons :
- Saving on printing of present currency.
- Control on fake currency.
- Enhced tax collection, as all transactions are traceable.
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November 04, 2017, 02:33:51 PM
 #37

If government intervention would stop tax evasion,  money laundering and all other illegal activities concerning bitcoin industry and the economy as a whole,  I interpose no objection about regulating the bitcoin If it would guarantee both the protection of users and the government.  Regulation should benefit both.

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November 04, 2017, 02:36:51 PM
 #38

If Bitcoin is approved in a country then its users will be greatly benefited. However, in contrast to your country it is very difficult to control it, can not be taxed, can not handle illegal missions, distorted evils, corrupt activities. It will make your country become confused

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November 04, 2017, 02:39:11 PM
 #39

Governments around the world have their own stance on Bitcoin. While most of the nations support the blockchain technology that Bitcoin is based on, some of them have declared outright opposition against the cryptocurrency. Honestly though, when governments see the applications of a currency like Bitcoin which is completely digitised without any flaws, most of them would work towards implementing such a system unless we're talking about China.
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November 04, 2017, 03:52:48 PM
 #40

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.
1. But those business owner can easily hide what they are earning through business and can pay low tax to government.
2. When you will pay bills every month through bitcoin, other third party payment provider (tied up with bank) can't charge fees.
3. You can than easily move money in and out of the country, banks will not get any Foreign exchange fees.
4. Less taxes, you can send bitcoin out of the country without paying any taxes and getting noticed.
5. There are banks which offer mobile payment and online services for quite huge yearly/monthly charge , how they gonna earn if you will use bitcoin.

Government + banks is the one who rules the country and print as much money as they like every year. They are just afraid of bitcoin taking over whole financial system so they are just trying to ban bitcoin.
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November 04, 2017, 04:02:59 PM
 #41

that's your opinion! if Bitcoin is accepted in a country and the government agrees to use payments through Bitcoin, what about the conventional money used every day? this indirectly will make the infrastructure of a country no progress forward
Not only that,  it is a lot of risk if it is accepted as a form of payment, especially anonymous transactions are difficult to control, it is easy to break the law.
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November 04, 2017, 04:15:52 PM
 #42

Governments have shown the five stages of grief while dealing with the reality of Bitcoin taking over everything they know about money. But this has deep roots because centralized money causes you to take certain things for granted and makes you miss the point when looking at Bitcoin. The decentralized aspect is huge and I wonder how many newcomers even understand that part while they're buying looking to get rich.
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November 04, 2017, 04:26:05 PM
 #43

Yes it is. Its good that our government should unite with bitcoin because they have their same vision to our country which is to give a better life for
everyone. There are lot of reason why bitcoin and government should join together as i have said they have the same vision or goal. If that happen we can assure a good economic living for everyone. Everybody has equal oppurtunity and equal standing in our society. It can also lessen the unemployed person  and everyone will be living in the fullest, that there is no rich or poor. I am hoping that someday it will happen and have a bettee relationship.
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November 04, 2017, 05:28:00 PM
 #44

i think they both are the enemies of each other.they cannot walk with each other on each stage.bitcoin has exit many of the transactions and investments of banks due to people now focus on btc instead of govt.
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November 04, 2017, 06:14:03 PM
Last edit: November 10, 2017, 08:08:59 AM by queennathalia
 #45

If the government your talking about is not corrupt and self centered individuals then this would work.. But knowing how government officials only thinks for profit of they’re own and not for the country then this just a waste of time for us on hoping that big positive result. I always give the government of each country a chance to prove we’re wrong.
One of the reasons is that the bitcoin and government systems do not agree with them because they do not want to lose big wages, in our day the politicization is one of the professions that you succeed in making you rich. but the government does not really know that politicization is a task, to lift its place and to enrich it. most are self-sufficient than the people. things are going to be good for people like bitcoin.

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November 04, 2017, 08:37:28 PM
Last edit: November 10, 2017, 08:09:31 AM by queennathalia
 #46

as I know, most governments see bitcoin as a threat to their economy. the list you mentioned is a very good benefit, but not for the government. Even if the government wants to use cryptocurrency technology, I think they would prefer to create their own cryptocurrency instead of using bitcoin. One thing they can benefit from bitcoin, I think by taxing it, as it is today.
In my dedication, so the government wants that they do not want people to see or watch their transactions. Is not it bad if we see it? In bitcoin people are more able to monitor government spending on government projects. there is no need for the government to fear that there is nothing wrong with it. am I right?

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November 04, 2017, 08:54:26 PM
Last edit: November 10, 2017, 08:10:04 AM by queennathalia
 #47

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
in terms of digital money whose name is bitcoin in my country there is no government interference, whether in the future what the government will take over the bitcoin is not understood. but I do not expect that to happen, because bitcoin with its own rules is enough
you're right. they might not mind bitcoin or watch it if it's going to be in our economy, for the better it would be if they were to properly understand it. If the government does not control the bitcoin, it will be fine a good way for everyone to care for our lives.

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November 04, 2017, 09:06:16 PM
Last edit: November 10, 2017, 08:10:26 AM by queennathalia
 #48

i think they both are the enemies of each other.they cannot walk with each other on each stage.bitcoin has exit many of the transactions and investments of banks due to people now focus on btc instead of govt.
so instead of discussing or contending find a good solution. many governments do not think people are in a difficult situation. others say it's difficult to understand bitcoin with people. You say the same bitcoin and government are both hostile. there's no good way to do it right now.

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November 04, 2017, 09:31:33 PM
 #49

Governments and the blockchain are probably a good combination but its the government which fear Bitcoin and will not use it in any shape or form.
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November 04, 2017, 10:00:50 PM
 #50

This kind of thinking is flawed. Because you begin with the premise that governments are benevolent and good which are not. Plus, when government adopt cryptocurrency like bitcoin. It is decline to its countries own currency there lowering the trust and demand for it, and they eventually lose power.
ideally, they are supposed to be benevolent entities that exist to serve its populace. however, it remains a fact that human beings with their own interests in mind (and puts those interests ahead of those of the people) are the ones that write and pass the laws we live by. now, there are people that work in the government who are true public servants, and live to serve, but this doesn't hold true for the great majority, which is what matters. were the government (ill use the US government as the point of reference here as that is the one im most familiar with) comprised mostly of altruistic congressmen, i've no doubt that bitcoin and blockchain research would have been brought up in congress a long time ago in an attempt to introduce a new technology that might benefit the people.

theres nothing here. message me if you want to put something here.
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November 04, 2017, 10:21:44 PM
 #51

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
It's good for us, but not every goverment want to allow bitcoin as a currency, because of the anonymous transactions and possibly no paid taxes.People are intrested on cryptocurrencies but i think a lot of goverments will denie digital cryptocurrencies because of the not possible vision transactions


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November 04, 2017, 10:30:26 PM
 #52

I think bitcoin and government will be a good combination but there might be some problems also. Its good because it makes bitcoin legal and official as an alternative currency. And because of that, we can use now bitcoin as a mode of payment freely. But it might also post some problems because government can now control and regulate bitcoin that might minimize its potentia.
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November 04, 2017, 10:33:43 PM
 #53

If the government embraces bitcoin its gonna be huge for bitcoin, its price will skyrocket and moreover it will be really helpful for a lot of people. It will help in easy payment when buying and selling things.

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November 04, 2017, 10:42:16 PM
 #54

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

As much I did agree in the synergy, I did like individual governments do a comprehensive research and to know if they can run And operate with what the blickchain/Cryptocurrency has to differ. And really, the advantages will definitely outweigh the disadvantages. Things are meant to be done with ease and faster too. I also did heard that government is not able to tax earnings made via bitcoin so they ain't rlly cool with this too.
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November 04, 2017, 10:42:58 PM
 #55

If the government embraces bitcoin its gonna be huge for bitcoin, its price will skyrocket and moreover it will be really helpful for a lot of people. It will help in easy payment when buying and selling things.
The government embracing Bitcoin will only be important if they start to make an effort to turn Bitcoin into a primary source of economic movement, the only thing that we get out of Bitcoin being an asset that is "accepted" by a government is that there will be no threat of regulation, and that does free up everything somewhat but it really isn't all that important in the grand scheme of things.

Bitcoin still has a slightly long ways to go before it is easy enough for the average person to use, mostly because they won't want to learn how it works and/or will need it simplified so that they're able to use it better.
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November 04, 2017, 10:50:47 PM
 #56

Bitcoin may be good. But not a few countries also prohibit the use of Bitcoin. And not everyone in a country, is a Bitcoin user. Well, the lack of Bitcoin that can only be used with a device, will reduce the practicality of payments such as local currency.

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haltingprobability
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November 04, 2017, 11:05:03 PM
 #57

"Government embracing Bitcoin" doesn't make sense. It's like "government embracing cryptography". It's in the nature of cryptography that it works whether or not any government approves or embraces it. And government approval can change nothing about how encryption works. The governments of the world might want to build their own "cryptocurrency" but why would anyone use it? That's like using an encryption algorithm built by the NSA behind closed doors. Almost any other alternative is superior. The idea of "blockchain technology" being deployed by corporations is equally nonsensical. If you are a corporation, you can already trust your own servers. You have no use for a trustless ledger. The whole need for a technology like Bitcoin is created by the central banking system and the government's control of currency. People want to use Bitcoin because they're tired of being forced to use funny-money that is inflated, taxed and seized by the government and its corrupt banking system, at will.
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November 04, 2017, 11:11:32 PM
 #58

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
maybe your opinion is good too but in my country real currency is more dominant than in digital currency like bitcoin and bitcoin not yet fully known in my country and in my country there is no legal force can to protect bitcoin assets itself
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November 04, 2017, 11:29:31 PM
 #59

in my country there is no legal force can to protect bitcoin assets itself

That's what a brainwallet is for.
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November 04, 2017, 11:38:11 PM
 #60

Yes, if the govern uses the bitcoin there will be a few advantages about, but what is about the pseudonym transactions ? and about the relationship with other countries and the control in the price of the bitcoin ? There are better solutions (for the govern ), like the govern creating their own cryptocurrency and take control of the blockchain and the history of all money circulated, and even the choice of ban the cryptos can be a temporary solution depending on the countrie's situation.
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November 05, 2017, 12:46:19 AM
 #61

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Your opinion is very good, but if the government is combined with bitcoin automatically the officials even use the bitcoin community because they must refer to the government using bitcoin let alone bitcoin as if it would be very easy to get what people want now, so very good if many people use bitcoin.
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November 05, 2017, 01:06:30 AM
Last edit: November 10, 2017, 08:11:20 AM by queennathalia
 #62

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Your opinion is very good, but if the government is combined with bitcoin automatically the officials even use the bitcoin community because they must refer to the government using bitcoin let alone bitcoin as if it would be very easy to get what people want now, so very good if many people use bitcoin.
It is a good thing if the purpose of a government is good. if we think carefully the bitcoin is reserved for the benefit of many, does the government not notice that? in short for all of us "bitcoin". the government is more capable to propagate bitcoin if the government wants it.

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November 05, 2017, 01:26:13 AM
Last edit: November 10, 2017, 08:11:42 AM by queennathalia
 #63

I think bitcoin and government will be a good combination but there might be some problems also. Its good because it makes bitcoin legal and official as an alternative currency. And because of that, we can use now bitcoin as a mode of payment freely. But it might also post some problems because government can now control and regulate bitcoin that might minimize its potentia.
I think there are also problems. there is no perfect project in the world all in the wrong, the good way is to succeed if you want but the negatives are always there for you. the government would like to learn how to properly use the bitcoin in the economy.

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November 05, 2017, 01:26:36 AM
 #64

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.


If this totally implemented,  we people are getting more easy in a way that we transact for some other payment in and out of our country.
If some government or country adopt/accept this bitcoin we are getting for a big change because we can use all the benefits of bitcoin while we are in our business in bitcoin at thesame time we can gain/earn for those activity.
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November 05, 2017, 01:42:59 AM
Last edit: November 10, 2017, 08:12:08 AM by queennathalia
 #65

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
If this totally implemented,  we people are getting more easy in a way that we transact for some other payment in and out of our country.
If some government or country adopt/accept this bitcoin we are getting for a big change because we can use all the benefits of bitcoin while we are in our business in bitcoin at thesame time we can gain/earn for those activity.
all people are sure to have to pay for the use of the bitcoin by the government. there is no other reason to use it in the right way. am I right?

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entrepmind23
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November 05, 2017, 01:59:08 AM
 #66

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

There may be a lot of good reason why bitcoin should be used by the government but still the government would not want to lose its control especially in financial sector cause this is the blood of the government. Bitcoin can still be use and regulated but it can't be the only currency that the country is using because not anyone can have access to it unlike fiat. Unfortunately, there are so many people in the world that have no access to technology yet so it would be hard for them to use digital currency if they don't even know what it is. It is still better to use fiat especially in countries that have limited resources in terms of technology.

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November 05, 2017, 05:34:35 AM
 #67

The rejection of bitcoin by governments is an action that allows to protect its national currency from possible devaluations against it, as well as,to protect their own interests that is harmed through this currency. But at the end, it ends up being accepted.  It is something like, the undocumented workers who work in the United States, or the sale of foreign currency on the black market in countries with a fixed exchange rate. It's not legal but, it's the daily bread.

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November 05, 2017, 06:33:02 AM
 #68

Bitcoin is good for a person but may not be good for a country. If the country's government manages it with bitcoin, then it can be good for that country. We know that if the people are good then the country is good. If the coins were used by people in order to buy their own essential things, then the bitcoin would be valid in every country of the world. Like it is in Japan.
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November 05, 2017, 07:37:10 AM
 #69

I think bitcoin and government are different things.
the income of a country is one of them with taxes if bitcoin in legalkan will reduce the income of the country.
indeed there are some countries that have legalized bitcoin.
but for the whole country I can not think it's possible.

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November 05, 2017, 07:43:03 AM
 #70

I think that the virtual currency market rose, may produce two effects. The first is called the "wealth effect", that is, the holders of virtual currencies feel that they have money, so they begin to spend money lavishly. The second is called the "substitute money effect", namely, more and more people begin to use virtual currency transactions, and abandon the traditional currency, or the traditional currency (such as pound, dollar, RMB and so on) in the bank. These two effects can lead to price inflation.
Of course, the total amount of virtual money is too small to have any effect on social prices. But if the trend continues, it can cause the changes will be very profound.
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November 05, 2017, 07:50:30 AM
 #71

Bitcoin is good for a person but may not be good for a country. If the country's government manages it with bitcoin, then it can be good for that country. We know that if the people are good then the country is good. If the coins were used by people in order to buy their own essential things, then the bitcoin would be valid in every country of the world. Like it is in Japan.

I think Bitcoin is a nice environment for people who live in a third-world country like me. Because it can improve the economy of citizens. By collecting Bitcoin, people like me can sell it for an expensive price. Whereas in developed countries like the US, currency like the dollar is common. But in a country like where I am, with just a few dollars we can buy a lot of things. Especially with a few Bitcoin course, we can buy a house.

That is why, it is very important for a person like me and the country in my place to legalize Bitcoin. So that our country can go forward and free and also not get left behind with a great country like US.
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November 05, 2017, 07:58:08 AM
 #72

In my opinion, if ever government and bitcoin meet, it would spawn many or a lot of disadvantages to bitcoin itself and to all individuals using it. The example of disadvantage is that they will control the bitcoin itself and might put limits for using it such as age limit, value limit, transaction limit, and a lot more. Imagine sharks smells blood in the ocean, it would be the same to the government, they will follow the trail of money and own it for their own sake.

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November 05, 2017, 08:01:08 AM
 #73

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

So idealistic. I like that too. But for the corrupt government, not a chance. They want to put tax on anything, bitcoin's existence is a great hindrance to them. The world of politics is full of greed.

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November 05, 2017, 08:25:50 AM
 #74

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

So idealistic. I like that too. But for the corrupt government, not a chance. They want to put tax on anything, bitcoin's existence is a great hindrance to them. The world of politics is full of greed.

The government wants to profit from the fact that we use bitcoin. And that's why I often hear from officials that bitcoin is a coin for dark operations. In my country, crypto currency is not banned, but the government wants to tax transactions with Crypto currency

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November 05, 2017, 08:30:14 AM
 #75

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

The way you see it, government have seen it the same way too because all the advantages bitcoin has is so obvious to anybody to see but they choose to be blind to it simply because they believe there are other alternatives to make that happen without using bitcoin.

Their only grouse is the inability to control bitcoin or because they could not unravel the people behind the users of bitcoin. Remove that from bitcoin you will see that they will fall in line. Its not that government is not open to innovation but they want the one they can control and bitcoin is not giving them that.
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November 05, 2017, 09:06:31 AM
 #76

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

Yes you have tons of good reasons there but the question is how are you going to make the government accept Bitcoin and make it legal? Aside from that, how can the government earn from it? The businessmakers and Bitcoin users will profit from it but not the government. Lastly, what will happen to the supply of money that is circulating in each country?
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November 05, 2017, 09:18:11 AM
 #77

I think it's depends the perception of each person, in my opinion there maybe something that the government scare of with bitcoin, which can harm them. But we also want them to work together as partner between bitcoin and government, or at least don't make ban of it. It's gonna be much better if they support, as long as it doesn't harm the country and the people, and I'm sure bitcoin will not harm anyone who use it, as long as they follow the rules.
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November 05, 2017, 09:20:27 AM
 #78

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Yeah that's looks good and beneficial to us indeed, but I think from that some statements from you (some of the advantages that you said), of course the government not only look to that side only, the government would certainly consider many things from bitcoin using or the influence of bitcoin using on the country (the country's economic system). A good combination of bitcoin and the government can be seen clearly in countries that has legalized bitcoin, it seems that many benefits can be obtained, but still from the many governments of each countries still have differences of opinion and even some are still researching bitcoin and still learning it deeper.
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November 05, 2017, 10:04:46 AM
 #79

Developing nations are positively approaching Bitcoin, countries whose currency is worthless see Bitcoin as a savior, because Bitcoin supports worthless currencies.

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November 05, 2017, 10:21:48 AM
 #80

Developing nations are positively approaching Bitcoin, countries whose currency is worthless see Bitcoin as a savior, because Bitcoin supports worthless currencies.

Yes, most African countries (developing countries) especially Nigeria and Ghana are using bitcoin massively and it's infusing some foreign exchange into their respective economies through the springing up of exchanges in these countries. I was thrilled when my cousin visited one of these countries last month knew she could easily exchange some bitcoin into their local fiat and vice versa.
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November 05, 2017, 10:32:25 AM
 #81

Bitcoin will continue to gain momentum but the high transaction fees and the necessity for middle-men to guarantee deposits before they are completed, drive up the cost of Bitcoin long term. This works against Bitcoin's mass market adaption, beyond the measure of it being a good investment opportunity. Other coins have lower fees and faster transaction times without the need for a third party to secure transaction amount before it is finalised.
Having a bitcoin in the government will takes time to be implemented because some countries didn't yet legalized the bitcoin
 The government need to study farther about bitcoin that gives a benefits in the society. Well, if it will be implemented it will be comfortable and easy for each and everyone of us and for sure the government want some shares like by having a tax of each bitcoin transaction. Today, bitcoin is very demand in the world of crypto currency as its value is getting high and soon to those who invested will have a good profit in the future. Smiley
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November 05, 2017, 10:40:53 AM
 #82

Remember that every government is run through the revenue they generated. Bitcoin is a decentralized system and it have no revenue to offer the government. Which may in turn have a negative impact to the economy of the nation. So I think will be one of the reason government might not want to legalize bitcoin.
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November 05, 2017, 10:46:30 AM
 #83

Bitcoin will continue to gain momentum but the high transaction fees and the necessity for middle-men to guarantee deposits before they are completed, drive up the cost of Bitcoin long term. This works against Bitcoin's mass market adaption, beyond the measure of it being a good investment opportunity. Other coins have lower fees and faster transaction times without the need for a third party to secure transaction amount before it is finalised.
Having a bitcoin in the government will takes time to be implemented because some countries didn't yet legalized the bitcoin
 The government need to study farther about bitcoin that gives a benefits in the society. Well, if it will be implemented it will be comfortable and easy for each and everyone of us and for sure the government want some shares like by having a tax of each bitcoin transaction. Today, bitcoin is very demand in the world of crypto currency as its value is getting high and soon to those who invested will have a good profit in the future. Smiley
It seems to me that you're oversimplifying the problem. Even if the government will be able to tax every transaction of bitcoin they are not to legalize cryptocurrency. In fact, Bela governments do not want to lose control over incomes of citizens. For them it is more important than taxes.
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November 05, 2017, 12:48:37 PM
 #84

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
It will sound beneficial for us,  but I don't think so it will be good for the government as well as for the law system,  as banks are the one who charges lots of taxes by these taxes our roads and most of the places,.  As if bitcoin is the only system or will implemented than it will give rise to the criminals and cyber crime will increased and will go out of control as government will not be able to track them.  Bribe will be given and taken,  corruption will git fire and tracking them will no be possible.  All the crimes will be happen and no one would do anything.  I m not in favour of this,  cause as much it will benefit it will harm us as well as..  It can be harmless if some way is find to deal with the problems it will create.
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November 05, 2017, 06:03:14 PM
 #85

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

Your title is confusing. Can the two (Bitcoin and Government) work in tandem? I mean seriously, Governments are either too heavy handed with regulating/outlawing Cryptos or are conspiring on how to put a stop to this flourishing technology.
I would love to one day help my government with the inner workings of cryptocurrencies and help them better understand how to safely educate the public about this new sector. Too bad they (law enforcement specifically) are ALWAYS too busy trying to wrongfully prosecute potentially tax paying citizens. Oh well.
Its not about the title of this topic my friend its about the discussion of what will happend good for this our bitcoin community and by the government. You dont need to questions about the title.

You have a point, but what I want to do by the government is to study them better rather than reject them. one reason why it's too late to happen. because of the bank, it is the strongest partner of the government so they can not afford the bitcoin to use them properly and to help the people within the scope of a government.
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November 05, 2017, 06:19:19 PM
 #86

as I know, most governments see bitcoin as a threat to their economy. the list you mentioned is a very good benefit, but not for the government. Even if the government wants to use cryptocurrency technology, I think they would prefer to create their own cryptocurrency instead of using bitcoin. One thing they can benefit from bitcoin, I think by taxing it, as it is today.
You are right, they want to create their own cryptocurrency to control them from managing their manipulation. so I want bitcoin to use by the government for not being controlled and manipulating it.
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November 06, 2017, 06:41:48 AM
 #87

that's your opinion! if Bitcoin is accepted in a country and the government agrees to use payments through Bitcoin, what about the conventional money used every day? this indirectly will make the infrastructure of a country no progress forward
I just give good opinion to everyone, if it is only read by a president or sits on the government they are certain to blush. Our opinion is the beauty of our country by using bitcoin. are you disagree? for me bitcoin is for our future money and daily needs.
im doesn't disagree with it, but if Bitcoin is applied in the government I think the country will be dangerous.  a better way for the government is Blockchain Technology  Wink

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November 06, 2017, 07:10:09 AM
 #88

In current scenario there is no way of spending bitcoin in regular spend in my country even my country planning to introduce own crypto currency I suspect the success of initiative because people in my country still not prepared to use digital transaxmctio. . Yes last 2 points transaction from one country to another and traveling across the world will be easy using bitcoin.
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November 06, 2017, 07:32:43 AM
 #89

You overlooked one of the biggest problems. If bitcoin replaces paper money, then the country's rights will be severely weakened. Which government does not want to do in this country?. What would you do if someone moved your cheese?
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November 06, 2017, 07:44:54 AM
 #90

I don't think it would be great for government especially when it comes to the auditing agency of the government because every transaction to them needs to be validated and pass through in a centralized of the government system the concept of the decentralized system of bitcoin ruined if this comes to frutuition.
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November 06, 2017, 08:01:19 AM
 #91

If bitcoin and government will conive in the future, this will be a good thing if the government will not change the current state of bitcoin, unless it is for bitcoins' improvement. What I mean is that even if it is officially accepted by the government as a digital currency, its use as a digital currency should prevail. Additional activity and application of it would be good if it will benefit us all.
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November 06, 2017, 08:02:32 AM
 #92

That might be a good opinion, hope that the government think that way too but that was not the reality. They maybe think bitcoin as a treat that is why they accuse bitcoin as a scam, gambling or any bad accusation they can throw on bi
to stop it.

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November 06, 2017, 08:19:08 AM
 #93

Your concept is so much good and future effective.I want to all countries government announced officially recognize Bitcoin.But it is very sad because Bitcoin is not legal for all countries.But at future Bitcoin recognize for more countries i think.
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November 06, 2017, 08:47:12 AM
 #94

It is not easy to make bitcoins set to the country's currency, indeed bitcoin has advantages, one of which is no third-party interference, with this advantage also being a weakness for bitcoin in government view, because they can not control the transactions made by their citizens and the arrangement tax in bitcoin transactions.
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November 06, 2017, 08:52:59 AM
 #95

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

It's not a good combination to use bitcoin with our current government. Bitcoin is totally an anti-government currency as it is a decentralized cyptocurrency. Those points that you've gave are good but I have some points with all of them.
1. Businessman will not enter a business together with bitcoin unless the government says so.
2. Not against with it as I find this convenient.
3. Still the adoption isn't wide.
4. Yes this has been happening and not against with it.
5. You can't pay bitcoin for medicine as of the moment.



 

 

 

 

 

 


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November 06, 2017, 09:00:27 AM
 #96

Bitcoin is the best crypto currency in the world. Bitcoin is not accepted by government because Bitcoin is the type of currency where there is no third party interference. Therefore government cannot control transactions done by their citizen and cannot arrange a tax system on Bitcoin. And it is not legal for all the country so we have to wait till they accept Bitcoin.
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November 06, 2017, 09:10:39 AM
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Bitcoin is an autonomous decentralised cryptocurrency. It works purely on the demand and supply flow and protected by its own security system Blockchain. Governments always wants to keep its flow of currency centralised. It helps them to exercise control economy. These currencies are protected by the governments. If both these things starts working hand in hand, it will really prosper the economy as well as people living within. It will benefit to merchants as well as customers. Transactions charges will be less as well as settlement timing. Regulations on cryptocurrencies is necessary, bitcoin favoring countries like China, Japan, Australia have experienced this.

 
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Bitcoinnumberone
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November 06, 2017, 09:12:06 AM
 #98

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Obviously this is a very big conflict from the community or bitcoin and also in the government in our county the bitcoin is becoming illegal i guess because as what i can see the government is obviously dont like how the bitcoin work so i guess in thw government it is all about money and business and they are not trusted.
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November 06, 2017, 09:42:22 AM
 #99

Yes it will be very good for our country and for people of my country if bitcoin will become legal and government will accept it as a currency for trading and to do all transactions. 

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November 06, 2017, 09:50:04 AM
 #100

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
yes, its be a great partner if the bitcoin and the government will become one or become partner because the government spread the bitcoin for all people and bitcoin gonna be popular or be recognizable if they do it. and at the same times maybe they do got taxed in the bitcoin so bitcoin and government will have a good effect on each other beside that government can used social media to fast the spreading knowledge about the bitcoin
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November 06, 2017, 01:13:58 PM
 #101

well, that's a good idea, but the government is looking at it differently with low taxes so the country's revenue will decrease, more money laundering, and more illegal transactions such as illegal drug purchases, etc. I think that's the reason why so far many countries do not legalize btc usage.
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November 06, 2017, 07:31:21 PM
 #102

well, that's a good idea, but the government is looking at it differently with low taxes so the country's revenue will decrease, more money laundering, and more illegal transactions such as illegal drug purchases, etc. I think that's the reason why so far many countries do not legalize btc usage.
Is that what you think? There are nations that are intelligent and positive, so we can not even say that they are the only ones that they are. so positively I'm talking about this really thing because the government looks at the difference even if it's not so easy. bitcoin and government are just an example of a big change in the world if it happens.
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November 06, 2017, 07:40:49 PM
 #103

The great thing about bitcoin is that government cannot control it. This is the true value.
We have a global currency which makes government obsolete.

The only way for government to control bitcoin is to turn off the electricity....

I doubt even the fuckwit USA federal government  are that stupid.
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November 06, 2017, 08:01:55 PM
 #104

In future if Bitcoin is accepted by government then it can have both advantages and disadvantages.
Advantages such as some regulation will be there which will keep the price stable.It will be legal so more people will start working with it.This will increase the demand and automatically price will rise more. Moreover their will be no illegal use of Bitcoin.
Disadvantages such as it will have a negative impact on the demand of fiat currency.No anonymous transactions will be there and some tax will be imposed on our transactions.
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November 06, 2017, 08:05:04 PM
 #105

Bitcoin is very good for fast transactions but government has to watch the transaction details.some gambling is possible in bitcoin trading.government have to involve and support the bitcoin.bitcoin transactions fees also low than banks so it is very usefull.
The transaction of the bitcoin is increasing and this is now getting fast and this has made the bitcoin more valuable and the reliable I hope this will buy the bitcoin for the best time, I hope the bitcoin will increase the profit and in the future almost all the people will use the bitcoin for the side income I hope this time the value of the bitcoin will not be less than the present time.

They can't watch tx details unless they get the identity information from an Exchange. Bitcoin transactions are totally anonymous (not like Monero but) and they can't understand WHO is WHO after they look at the tx details of anyone.

That's why they don't want bitcoin to be used across the countries.
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November 06, 2017, 08:06:14 PM
 #106

Bitcoin is very good for fast transactions but government has to watch the transaction details.some gambling is possible in bitcoin trading.government have to involve and support the bitcoin.bitcoin transactions fees also low than banks so it is very usefull.
The transaction of the bitcoin is increasing and this is now getting fast and this has made the bitcoin more valuable and the reliable I hope this will buy the bitcoin for the best time, I hope the bitcoin will increase the profit and in the future almost all the people will use the bitcoin for the side income I hope this time the value of the bitcoin will not be less than the present time.

They can't watch tx details unless they get the identity information from an Exchange. Bitcoin transactions are totally anonymous (not like Monero but) and they can't understand WHO is WHO after they look at the tx details of anyone.

That's why they don't want bitcoin to be used across the countries.


Bitcoin system not under the government control because it's a systematic digital currency so gambling and all are not use this bitcoin and this are benefits to merchant and customer
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November 06, 2017, 08:55:15 PM
 #107

All governments are afraid of losing control of their financial systems. They won't be able to print any additional money anymore. Also banks will be obsolete. Probably they will be used only for loans. That's one of the reasons why politics want to protect fiat money. I think that in 20 years most of the countries will switch to cryptocurrencies.
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November 07, 2017, 03:04:00 AM
 #108

All governments are afraid of losing control of their financial systems. They won't be able to print any additional money anymore. Also banks will be obsolete. Probably they will be used only for loans. That's one of the reasons why politics want to protect fiat money. I think that in 20 years most of the countries will switch to cryptocurrencies.
     yes...this is true
Yes, it will shift to cryptocurrencies. as more things happen better if things go wrong. the human time is off the beaten track and more and more things to do. similar to bitcoin, if the payment system is bitcoin that will make it easy for a person to live.
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November 07, 2017, 04:02:29 AM
 #109

All governments are afraid of losing control of their financial systems. They won't be able to print any additional money anymore. Also banks will be obsolete. Probably they will be used only for loans. That's one of the reasons why politics want to protect fiat money. I think that in 20 years most of the countries will switch to cryptocurrencies.
     yes...this is true
Yes, it will shift to cryptocurrencies. as more things happen better if things go wrong. the human time is off the beaten track and more and more things to do. similar to bitcoin, if the payment system is bitcoin that will make it easy for a person to live.

If the government has to struggle to make its own coins and wrap it in regulation, then bitcoin will not suck up the country's economic sovereignty. For example, if China prohibits participation in ICO, then they can make E-CNY the primary means of exchange, so all crypto currency must be converted first to be able to follow ICO.

But unfortunately the government seems to have not been able and still involved in a complicated bureaucracy, so the development and study did not go well.

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KingdomHearts
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November 08, 2017, 05:56:34 AM
 #110

Developing nations are positively approaching Bitcoin, countries whose currency is worthless see Bitcoin as a savior, because Bitcoin supports worthless currencies.

Yes, most African countries (developing countries) especially Nigeria and Ghana are using bitcoin massively and it's infusing some foreign exchange into their respective economies through the springing up of exchanges in these countries. I was thrilled when my cousin visited one of these countries last month knew she could easily exchange some bitcoin into their local fiat and vice versa.
We all know that underdeveloped countries having their own national currency value which is not much appreciated do support the use of Bitcoin in terms of foreign exchanges, investment and the national and international market and Bitcoin does support low valued currency.

In short they find BTC as savior of their standards in the world and it also adds up to the total income that could be manipulated for usage in developmental on individual as well as national level.

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November 08, 2017, 06:42:52 AM
 #111

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

It's actually a good idea. Bitcoin's utilization will be maximized and I guess it will count as a legal currency that can be used for payment and transaction. However, my only concern is the tax. Will bitcoin's tax be as high as it's value?
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November 09, 2017, 12:10:08 AM
 #112

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

It's actually a good idea. Bitcoin's utilization will be maximized and I guess it will count as a legal currency that can be used for payment and transaction. However, my only concern is the tax. Will bitcoin's tax be as high as it's value?
there are those who say that the tax is actually affected, meaning that money is entering a country is weakening. Perhaps, but the government should take a closer look at the way in which the government can not neglect the bitcoin of a country's work.
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November 09, 2017, 12:18:32 AM
 #113

Bitcoin is very good for fast transactions but government has to watch the transaction details.some gambling is possible in bitcoin trading.government have to involve and support the bitcoin.bitcoin transactions fees also low than banks so it is very usefull.
The transaction of the bitcoin is increasing and this is now getting fast and this has made the bitcoin more valuable and the reliable I hope this will buy the bitcoin for the best time, I hope the bitcoin will increase the profit and in the future almost all the people will use the bitcoin for the side income I hope this time the value of the bitcoin will not be less than the present time.

They can't watch tx details unless they get the identity information from an Exchange. Bitcoin transactions are totally anonymous (not like Monero but) and they can't understand WHO is WHO after they look at the tx details of anyone.

That's why they don't want bitcoin to be used across the countries.


Bitcoin system not under the government control because it's a systematic digital currency so gambling and all are not use this bitcoin and this are benefits to merchant and customer
I know, I just dreamed that someday this system was in a country that was good for everyone. maybe because it's just a discussion only so they do not feel like what I really mean.
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November 09, 2017, 12:57:31 AM
 #114

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
yes, its be a great partner if the bitcoin and the government will become one or become partner because the government spread the bitcoin for all people and bitcoin gonna be popular or be recognizable if they do it. and at the same times maybe they do got taxed in the bitcoin so bitcoin and government will have a good effect on each other beside that government can used social media to fast the spreading knowledge about the bitcoin
Combining this two are good idea because it can helps the bitcoin to much more to become acquainted of many people and be legalized to use. Since government had more connecton it can also help to make bitcoin to be known in many country, also it can help to lessen the illegal transaction to it if the government use their connection.
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November 09, 2017, 06:48:53 AM
 #115

In future if Bitcoin is accepted by government then it can have both advantages and disadvantages.
Advantages such as some regulation will be there which will keep the price stable.It will be legal so more people will start working with it.This will increase the demand and automatically price will rise more. Moreover their will be no illegal use of Bitcoin.
Disadvantages such as it will have a negative impact on the demand of fiat currency.No anonymous transactions will be there and some tax will be imposed on our transactions.
Bitcoin transaction and government benefits must be properly transmitted. It would have been a simple matter if all of them wanted a government. It is only difficult for a situation to be the negative arguments of other people.
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November 09, 2017, 03:01:33 PM
 #116

I think It's  good Combination when the Government use the Cryptocurrency..no need carry the money in our pocket just cellphone or card. many things will be improved if the Cryptocurrency implements in the whole World easy to pay bill easy to buy in the market! Avoid Crime Hopefully someday will be Implement to our country Cheesy or  to the Whole word
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November 09, 2017, 03:07:42 PM
 #117

I think It's  good Combination when the Government use the Cryptocurrency..no need carry the money in our pocket just cellphone or card. many things will be improved if the Cryptocurrency implements in the whole World easy to pay bill easy to buy in the market! Avoid Crime Hopefully someday will be Implement to our country Cheesy or  to the Whole word
there are really good reasons for using bitcoin. many say or comment about the bitcoin and the government, they may not expect or expect that the government might like it and take steps to use bitcoin properly.
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November 09, 2017, 03:13:16 PM
 #118

I think the government They still under Study to the Cryptocurrency because if they implement to the world or let's say to our country the market of the coin it's not stable few week few month getting higher or lower so if you are not wise to the Cryptocurrency you will be a poor person if the goverment implement it to our country
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November 09, 2017, 03:14:23 PM
 #119

i think a little gouvernement stop bitcoin investing he think the bitcoin devellope the criminal anonymoty and blinding the money
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November 09, 2017, 03:21:55 PM
 #120

i think a little gouvernement stop bitcoin investing he think the bitcoin devellope the criminal anonymoty and blinding the money
That what he Think he needs more knowledge about the Cryptocurrency that government according to your say he knows what is the Cryptocurrency but he doesn't know the value of Cryptocurrency. He invest then He quit because we don't know the market value if the market value it's stable may be the little government you say it will be a big investor if the  market price it's fix one time for a year value change.
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November 09, 2017, 03:22:08 PM
 #121

We are doing almost everything on the internet so why not paying with bitcoins as wel.
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November 09, 2017, 03:31:03 PM
 #122

The other site is not paying they making their own money they invite people then they force the people to Invest they not keep there promise or the bonus.They make a scam website  because money is the root of evil save it to your memory always check the google if they are scam site or not
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November 09, 2017, 08:25:47 PM
 #123

Your thoughts are a lot better.But the list of benefits you provide is good for us.But the government will not accept it.The government of many countries thinks illegal transactions through Bitcoin.So they do not take it
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November 09, 2017, 09:42:55 PM
 #124

Your thoughts are a lot better.But the list of benefits you provide is good for us.But the government will not accept it.The government of many countries thinks illegal transactions through Bitcoin.So they do not take it
Almost all of you say that, we can not even give the bitcoin a chance to get through the government even at the very least. why is it illegal to be treated instantly while there are many reasons to improve somebody through bitcoin. we must discuss what good the government is doing to get rid of them, as we move forward.
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November 09, 2017, 09:46:26 PM
 #125

Yes it is all good. But what will they get after all of that?
Greed will always be there. They would want something in return. If not, then trash it already.
There is no tax and there is nothing they can steal from it. The people is holding all their funds not them.
They might create some service that would allow to tax it but that will take a lot of time and money.
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November 10, 2017, 01:21:54 AM
 #126

Even some governments announced Bitcoin is illegal.

I am from Philippines, and up until now, some of us still out of the future — thinking that Bitcoin is a illegal.

To answer the question, being used by all of countries is a good thing, yet I am afraid that Bitcoin will become a centralized coin.
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November 10, 2017, 01:48:36 AM
 #127


5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Isn't just true , we all know the transaction speed of BTC , it takes atleast a day or 2 . To get transferred from one account to another.
So how can a person use it in emergency.!?

BItcoins  have many advantages but the government would accept it only when they get to get some control over it so that they may charge taxes and know every transaction .
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November 10, 2017, 02:04:19 AM
 #128

Very important issue for at this moment I seen ever.Really your opinion is so much pretty but all countries government not try to understand Bitcoin important this is big problem.Even some governments announced Bitcoin is illegal.
In addition with that, not all country leaders are opened for some opportunities just like this. They are just thinking of their own, rather than thinking what is good for their people and the improvement of the countries economy. Although bitcoin cannot be controlled by the government but then, their participation towards crypto is a big help to spread it widely and the adoption of their citizens.
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November 10, 2017, 05:35:38 AM
 #129

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

But i could make every one of the same arguments for a fiat as well. and since the fiat is already in place as an accepted payment medium, it is highly unlikely any major gov will shift over to bitcoin as a main currency. maybe an alt of their own creation. but bitcoin already has too much adoption globally to be safe enough to use as a main fora nation. and it would be really easy to attack the wealth of the nation; all you have to do is dump coins and crash the price. the citizens will lose massive value overnight, and the government will be pretty much in the same shape.

sounds like the quickest way to end a war with someone. crash their economy Wink
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November 10, 2017, 05:45:02 AM
 #130

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.

well.. i don't think so but on the other hand your opinion is good.

But if btc accepted there is many problem may happen.
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November 10, 2017, 07:40:57 AM
 #131

This kind of thinking is flawed. Because you begin with the premise that governments are benevolent and good which are not. Plus, when government adopt cryptocurrency like bitcoin. It is decline to its countries own currency there lowering the trust and demand for it, and they eventually lose power.
Yes the main reason why governments are not accepting bitcoin is that they fear of the fact that their own currencies will get dumped and people will start using bitcoin instead of their own currency. But with time countries will realize that bitcoin may help them in eliminating unemployment to some extent and may help to raise the economy of the country and then soon will they legalize bitcoin.
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November 10, 2017, 08:04:25 AM
 #132

I think the government They still under Study to the Cryptocurrency because if they implement to the world or let's say to our country the market of the coin it's not stable few week few month getting higher or lower so if you are not wise to the Cryptocurrency you will be a poor person if the goverment implement it to our country
Today, some countries have governments that are in line with bitcoins. they are able to utilize bitcoin for their benefit boosters. but, there are some countries that illegitize bitcoin. maybe it's caused because bitcoin still has an unstable price, and not yet trusted.


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November 10, 2017, 08:26:57 AM
 #133

Yes it is all good. But what will they get after all of that?
Greed will always be there. They would want something in return. If not, then trash it already.
There is no tax and there is nothing they can steal from it. The people is holding all their funds not them.
They might create some service that would allow to tax it but that will take a lot of time and money.
You're right, because the government can not really steal the bitcoin they used to transact. there are so many ways for these two to be good and profitable, the problem and this does not allow the government because you say you can not get the government. and more people will know more about how they use their money.

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November 10, 2017, 08:50:09 AM
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Most Government are not in support of the use of BTC. And its use is prohibited. Probably they fear that BTC will erode the use of cash and the central banks.

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November 10, 2017, 09:05:24 AM
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I believe the government would still consider using the conventional fiat Money in the future. Cryptocurrency will dominate and it will be regulated by the central bank so that paper money will still be alternatively used.
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November 10, 2017, 09:06:41 AM
 #136

Most Government are not in support of the use of BTC. And its use is prohibited. Probably they fear that BTC will erode the use of cash and the central banks.
Not all will be lost using bitcoin in a country, just speeding up things that should do something else rather than prioritizing something. This is just my opinion.

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November 10, 2017, 09:10:07 AM
 #137

That does not apply in all countries. For example, in a country that forbids bitcoin, the factors you specify do not apply. Very lucky for bitcoin users whose country legalizes bitcoin.
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November 11, 2017, 05:36:47 PM
 #138

I think the government They still under Study to the Cryptocurrency because if they implement to the world or let's say to our country the market of the coin it's not stable few week few month getting higher or lower so if you are not wise to the Cryptocurrency you will be a poor person if the goverment implement it to our country
Well, it's also a point that if the government is under study of bitcoin it's a good thing. and when the government learned that running it properly, the government has been instructing the correct use of bitcoin. i wish that would happen..
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November 11, 2017, 11:31:31 PM
 #139

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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it is true your statement about bitcoin and its usefulness but for the state and government in my country can not happen because the official currency of my country still have a big effect on the economic system that happened in my country even to make bitcoin as currency which require the supporting facilities and infrastructure
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November 12, 2017, 12:04:23 AM
 #140


if bitcoin and government are included it's really great because it's going to be the people's job and someday no one people not working.
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November 12, 2017, 12:07:42 AM
 #141

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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Probably it's a good sound for us and if this will be implemented that government and bitcoin get together as well, I guess it is a benefits for each of us, But it's impossible to happened because some government in different countries are afraid to get involved in illegal transactions because bitcoin is knowing the passage way of the criminal to transact of their illegal activities in private
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November 12, 2017, 12:29:50 AM
 #142

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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Bitcoin technology was admitted as one of the greatest invention of the past few years and many countries and firms started to use it already. Bitcoin had made many people actually rich and it's good for government, ability to pay of many citizens raised and it moved the economy without necessary of more cash printing.
There are governments who banned bitcoin already, but I think it is because of there is no any politic inside who would invest in bitcoin. So called wheals are set all the politic inside the country around crypto.
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November 12, 2017, 01:56:03 AM
 #143

I dont think they'll combine perfectly, government cant charge taxes when its about bitcoin, they cant control the cryptos because bitcoin and other cryptos are decentralised.

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November 12, 2017, 02:58:05 AM
 #144

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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I think this is not good for the government. If the government accepts bitcoin, a lot of people will use bitcoin. bitcoin will replace other currencies, they will lose value. This is what no country wants to happen.

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queennathalia (OP)
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November 12, 2017, 04:16:10 PM
 #145

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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Probably it's a good sound for us and if this will be implemented that government and bitcoin get together as well, I guess it is a benefits for each of us, But it's impossible to happened because some government in different countries are afraid to get involved in illegal transactions because bitcoin is knowing the passage way of the criminal to transact of their illegal activities in private
There are so many bad people who exploit the situation. I just want things that help everyone with bitcoin. because it does not mean to combine bitcoin and government, everything that matters is bitcoin.
queennathalia (OP)
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November 13, 2017, 12:24:36 PM
 #146

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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Bitcoin technology was admitted as one of the greatest invention of the past few years and many countries and firms started to use it already. Bitcoin had made many people actually rich and it's good for government, ability to pay of many citizens raised and it moved the economy without necessary of more cash printing.
There are governments who banned bitcoin already, but I think it is because of there is no any politic inside who would invest in bitcoin. So called wheals are set all the politic inside the country around crypto.
bitcoin is not controlled by a politician. so few countries can not use it, I think the government is wasting the opportunity to properly use bitcoin in the best possible way. so until now the government thinks bitcoin is illegal.
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November 13, 2017, 12:40:58 PM
 #147

You try to your best to understand the advantages of Bitcoin.Basically government walking the opposite way.They don't agree Bitcoin is a life changing currency & any country lead with Bitcoin this country economy changed easily i think.Day by day people much depends on Bitcoin.
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November 13, 2017, 12:46:20 PM
 #148

For me, it is only going to be good if the government does not restrict its use. With proper rules and regulations implemented by the government to use bitcoin, it will benefit the country's economy and also the people. Because with bitcoin, the people can help their own lives and can also help other people's lives. But sadly, other countries are restricting the use of bitcoin.

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November 13, 2017, 12:54:37 PM
 #149

It's a nice tandem so that bitcoin will not be banned or gone because the government will support the bitcoin and they will be many users if that's going to happen. You are true that you can easily get money here or transfer money to the other country without paying tax, I hope this will be my government do so that our economy will increase.
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November 13, 2017, 01:00:32 PM
 #150

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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In my opinion its not good for the government to handle bitcoins in our country and why? , Because they might place tax on it and they can manipulate the value for their own interest and it will be really hard for us to earn more profit.

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November 13, 2017, 01:19:01 PM
 #151

Your thoughts is good but those thoughts has many negative effect in a one country. If your thoughts will happen, the improvements of a country will be lower, paper money as a payment will gone and also many of people will out into this kind of style because of lack of Knowlege,not all of us knows how to use it, and addition, crimes and illegal works will increase through online.
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November 13, 2017, 01:21:51 PM
 #152

I don't think all countries act like you said.
Because most countries planning to eliminate BTC as soon as possible, it's like a threat to the economy..
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November 13, 2017, 01:35:27 PM
 #153

bitcoin and government based on the information I get from my seniors. if the government inaugurates bitcoin as a legitimate payment instrument in our country, it would be more convenient for bitcoin users. for that I hope that the government inaugurates bitcoin as a legal means of payment ...
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November 13, 2017, 01:38:23 PM
 #154

Government has so many things to do, so its normal that some of them keeps bitcoin away, the new technology can bring many problems then it can do some good help, especially the concept of decentralization is not liked by the centralized government
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November 13, 2017, 01:43:55 PM
 #155

I understand that governments will try to block the bitcoin because bitcoin will lose a large government tax. But bitcoin was created for the purpose of securing personal property so it will always be accepted and developed even if governments try to block it.
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November 13, 2017, 01:52:18 PM
 #156

I think the government is threatened by bitcoin simply because they will have a hard time controlling it like what they do with physical money. This may be the reason as to why the government have not legalized bitcoin yet. They feel that it might affect the society and economy.
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November 13, 2017, 02:43:24 PM
 #157

I think the government is threatened by bitcoin simply because they will have a hard time controlling it like what they do with physical money. This may be the reason as to why the government have not legalized bitcoin yet. They feel that it might affect the society and economy.
of course they should not be in jeopardy, because the government knows more about economic and social development. Bitcoin should not bother with the government, bitcoin is already in the open minded people to facilitate life's activities and principles. so maybe the government is also open to good things about bitcoin.
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November 13, 2017, 02:50:30 PM
 #158

I understand that governments will try to block the bitcoin because bitcoin will lose a large government tax. But bitcoin was created for the purpose of securing personal property so it will always be accepted and developed even if governments try to block it.
so maybe the government does not want bitcoin because of that system. it may be that the government is afraid of losing or getting property so the government wants to block the entry of bitcoins in different countries.
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November 13, 2017, 06:57:21 PM
 #159

Governments have always had difficulty managing their economies with their monetary systems. So the Bitcoin system is a system that will overturn the plans of the governments. I find it normal for governments to oppose Bitcoin. But the crypto investor is growing like an avalanche. At some point, governments will have to find a solution to this problem.
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November 14, 2017, 09:06:30 AM
 #160

Governments have always had difficulty managing their economies with their monetary systems. So the Bitcoin system is a system that will overturn the plans of the governments. I find it normal for governments to oppose Bitcoin. But the crypto investor is growing like an avalanche. At some point, governments will have to find a solution to this problem.
the government needs to find a solution to the problems of the country. For example, bitcoin is one of the solutions, if you study well what is good. because the government is againts the resistance so bitcoin can not be used properly in the country.
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November 14, 2017, 09:24:54 AM
 #161

I think it is not very wise to combine the usage of bitcoin to the current government. Since it is not traceable, it can be use to launder money and to transact money to do the dirty work of the government. Although there is a lot of reasons, it is still not very wise.

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November 14, 2017, 02:44:17 PM
 #162

I think it is not very wise to combine the usage of bitcoin to the current government. Since it is not traceable, it can be use to launder money and to transact money to do the dirty work of the government. Although there is a lot of reasons, it is still not very wise.
but why? There are a lot of ways not to use bad things, it's a good idea of ​​what to do. if the current government is a thief. it's likely that bad things happen. so there's no reason not to include the bitcoin and the government.
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November 14, 2017, 02:47:25 PM
 #163

If the countries do not control the outbreak of coin. Certainly the ban will be issued. . if not prevented. It is possible that the country will fall into crisis, no government likes bitcoin because bitcoin can not manage.
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November 14, 2017, 03:02:45 PM
 #164

Bitcoin and government will never unite, this is because bitcoin contradicts the laws and legality of the government's financial system, bitcoin using decentralization that is definitely not government control.
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November 15, 2017, 02:23:43 AM
 #165

Bitcoin and government will never unite, this is because bitcoin contradicts the laws and legality of the government's financial system, bitcoin using decentralization that is definitely not government control.
really, but I just indicated it. the government made a way to use the bitcoin of something that the government could control. It's easy if that's the way. perhaps the government simply does not want bitcoin for their personal needs.
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November 15, 2017, 02:31:26 AM
 #166

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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I think we must not hoping about the bitcoin and the government partnership. Because government thinka that the bitcoin is harmful for the people because of this legality and there's no one can control it.but if miracles happen and the bitcoin and government become partner its a great oppurtunity to each because government will earn and the bitcoin will become legal and become spread to others
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November 15, 2017, 02:38:22 AM
 #167

Governments have always had difficulty managing their economies with their monetary systems. So the Bitcoin system is a system that will overturn the plans of the governments. I find it normal for governments to oppose Bitcoin. But the crypto investor is growing like an avalanche. At some point, governments will have to find a solution to this problem.
Uncertain prices are the main problem possessed by Bitcoin. The government will be very worried when the Bitcoin price is always changing very quickly because it could cause economic turmoil in their country. there needs to be a regulation and some things that can make Bitcoin prices much more stable because we will all be more comfortable using Bitcoiin. If the government wants to be more comfortable then all countries should be able to create a unity that is making a thing that will be able to control Bitcoin. although currently Bitcoin is a difficult digital currency controlled, but when we can make improvements and also build a decision together then it will benefit both sides. This is the purpose of establishing a regulation because it can make things much more convenient and secure.
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November 15, 2017, 02:39:03 AM
 #168

I don't think bitcoin will work well with the government, at least in the last few years. Because bitcoin moves the cheese of paper money. Bitcoin is centralized, and its appearance is to abolish the privilege of paper money.
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November 15, 2017, 02:46:17 AM
 #169

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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I think if the government with the community can accept the existence of bitcoin well Perhaps the absence of continuous conflict Because both parties are mutually benefited with bitcoin in the next few years.

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November 15, 2017, 05:05:01 AM
 #170

I don't think it's good , because if the government accepts the Bitcoin it's growth will be sudden and spreading also will be more fast.But the use of Bitcoin for criminal activities will force this same government to barn this forever.Then this is going to effect mostly for these poor Bitcoin users and holder and it leads to a sudden fall of Bitcoin in crypto market.For example the incident that happened in China.
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November 15, 2017, 11:45:18 AM
 #171

bitcoin and government... it`s possible, but i think most likely way would a creation of another cryptocurrency which would be based on the bitcoin
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November 15, 2017, 01:24:19 PM
 #172

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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I think if the government with the community can accept the existence of bitcoin well Perhaps the absence of continuous conflict Because both parties are mutually benefited with bitcoin in the next few years.
Everyone benefits bitcoin, even if the government says they can not use or launch their country. There are other people who will use it in their countries, because people are good at using the bitcoin. while the government continues to disobey because they do not benefit from people who use bitcoin.
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November 15, 2017, 01:38:57 PM
 #173

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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what would happen if the government took over control of bitcoin ... there would be a tragedy that can not be imagined .... the government is the source of corruption ... and would make it easier for them to corrupt
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November 15, 2017, 01:40:40 PM
 #174

Government in some countries so far still can not establish good relationship with the name bitcoin, the government is afraid if legalize bitcoin then the value of currency in the country feared will weaken and there will be economic crisis.
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November 15, 2017, 02:29:39 PM
 #175

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵🇭 Group
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This is the dream of every bitcoin user . Freely using bitcoin without any fear and taxation . Every bitcoin user has to convert bitcoin into fiat and then use it , which makes it a very cliche process . All the points mentioned above seems very good to us for our use . But the central government might not approve them as this is going to affect the market value of their fiat and moreover central banks would likely dissapear due to this .
So this still remains a dream for many of us.       
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November 15, 2017, 02:37:19 PM
 #176

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵🇭 Group
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This is the dream of every bitcoin user . Freely using bitcoin without any fear and taxation . Every bitcoin user has to convert bitcoin into fiat and then use it , which makes it a very cliche process . All the points mentioned above seems very good to us for our use . But the central government might not approve them as this is going to affect the market value of their fiat and moreover central banks would likely dissapear due to this .
So this still remains a dream for many of us.       

All points what you mentioned is only favour for end users, here what is the profit for governament. if they give permission to do all these things then the country economy will come down because the governament will not get any revenue.
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November 16, 2017, 05:52:41 PM
Last edit: November 17, 2017, 06:57:10 PM by shohelalam
 #177

You try to show best advantages of Bitcoin. I am really happy to  hear your government use bitcoin and spread to every people in your country. But so many country don't use or accept it. The Government always walking opposite way, it's just Habit. They never understand or don't want to understand about bitcoin. They don't agree Bitcoin is a life changing currency and any country lead with Bitcoin. This bitcoin can be changed country economy  easily. Now we all knows bitcoin how much affects our world economy.  The Government don't know how much tax miss form bitcoin for don't agree and accepted bitcoin.
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November 16, 2017, 07:37:58 PM
 #178

Although Bitcoin has a lot of advantages but we still can't deny its disadvantages. It can be the result of a lot of guilty and increasing in number of crime because it can easily taken advatage to commit guilty such as money laundering, drug trafficking,.....beside the government of every country seem like only care about its disadvantages than know about its advantages like reducing the number of unemployed, making the economy more diversified,.....that why Bitcoin is not legalized worldwide at the moment.
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November 16, 2017, 07:45:24 PM
 #179

Government will always be against Bitcoin because Bitcoin will abolish the use of physical cash, decentralize payments and create anonymous transactions.

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November 16, 2017, 07:54:47 PM
 #180

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵🇭 Group
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These are the benefits of bitcoin master crypto currency.
Government not accepting crypto currency reason behind government regulates banks and bankers do not even accept crypto currency reason behind when it is regulated by the government like fiat they will play with the market price of their regulated fiat and they will enjoy the profits here bitcoin is not regulated by government its price is based on economics principle demand and supply.
Through bitcoin many citizens are getting benefited, all rich and poor along with middle was enjoying earning with bitcoin.
Its all we need to understand bitcoin is giving a great service and many services slowly with bitcoin transactions are taking place, happy for japan for accepting bitcoin also in few countries its transactions taking place. Bankers even block customer accounts whose accounts are having transactions with bitcoin because bitcoin is bankers competitor, imagine if all transactions go in bitcoin, how banks even get some money to hold ?
There is a lot behind bitcoin, all bitcoin lovers waiting for the best with bitcoin.
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November 17, 2017, 12:19:42 PM
 #181

Although Bitcoin has a lot of advantages but we still can't deny its disadvantages. It can be the result of a lot of guilty and increasing in number of crime because it can easily taken advatage to commit guilty such as money laundering, drug trafficking,.....beside the government of every country seem like only care about its disadvantages than know about its advantages like reducing the number of unemployed, making the economy more diversified,.....that why Bitcoin is not legalized worldwide at the moment.
Of course, if the government does, it is better to think of the benefits of bitcoin. for the result is not a bad idea, in the way that bitcoin operates. many people need to know and learn that bitcoin will only be used for good things. The government is in the process of being the result of all this.
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November 17, 2017, 12:27:06 PM
 #182

I especially think that bitcoin for the moment arranges everyone as a physical person, but that later it will be more severe with bitcoin. the regulated market ect ...
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November 17, 2017, 12:30:57 PM
 #183

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵🇭 Group
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These are the benefits of bitcoin master crypto currency.
Government not accepting crypto currency reason behind government regulates banks and bankers do not even accept crypto currency reason behind when it is regulated by the government like fiat they will play with the market price of their regulated fiat and they will enjoy the profits here bitcoin is not regulated by government its price is based on economics principle demand and supply.
Through bitcoin many citizens are getting benefited, all rich and poor along with middle was enjoying earning with bitcoin.
Its all we need to understand bitcoin is giving a great service and many services slowly with bitcoin transactions are taking place, happy for japan for accepting bitcoin also in few countries its transactions taking place. Bankers even block customer accounts whose accounts are having transactions with bitcoin because bitcoin is bankers competitor, imagine if all transactions go in bitcoin, how banks even get some money to hold ?
There is a lot behind bitcoin, all bitcoin lovers waiting for the best with bitcoin.
The bank is really playing the game. we do not know banks themselves also have large hold of bitcoin. Just imagine they did not. for example, the bank owner will spread false news to people and support the government, the bitcoin price will decrease. The owners of the bank will be able to buy. banks and governments also benefit bitcoin. I just want to. the government can prove things that are especially difficult for money. using bitcoin.
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November 17, 2017, 12:35:14 PM
 #184

all the questions we have been asked so far, even we are better than all but the government will announce that the bitcoin is illegal.
a very important issue for now I've seen it so you all have to know its that in certain bitcoin states it is illegal.

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November 17, 2017, 12:38:56 PM
 #185

Roll Eyes Tongue
Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵🇭 Group
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This is the dream of every bitcoin user . Freely using bitcoin without any fear and taxation . Every bitcoin user has to convert bitcoin into fiat and then use it , which makes it a very cliche process . All the points mentioned above seems very good to us for our use . But the central government might not approve them as this is going to affect the market value of their fiat and moreover central banks would likely dissapear due to this .
So this still remains a dream for many of us.       
there is nothing wrong with dreaming of the good of many. For me, bitcoin and government should see the best way to bitcoin rotation. they probably do not want bitcoins because they see transactions and government thefts of our countrymen. They simply simply need to be executed and become successful.
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November 21, 2017, 11:15:14 AM
 #186

I don't think all countries act like you said.
Because most countries planning to eliminate BTC as soon as possible, it's like a threat to the economy..
It is not a threat to the economy, it is helping out in raising the standard of living of the mass, helping them to earn good amount of money even when they do not have a regular job, due to which they become able to meet the their financial needs easily. This all is helping in bringing betterment in the condition of a country, soon all countries will legalize it.
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November 21, 2017, 11:18:25 AM
 #187

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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If the government does get a hold of bitcoins, they'll tax every transaction we have. So you'll be paying for taxes and transaction fees. Think about it. If you send bitcoins, the government will take 25% and then the exchange will take 25% as well. Imagine you'll only get half of your bitcoins if transferred them.

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November 21, 2017, 11:25:27 AM
 #188

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵🇭 Group
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I think for the future either in a country about what your opinion will be but for my country may be experiencing difficulties due to facilities facilities and infrastructure to access bitcoin is very limited and the government may not have inaugurated bitcoin as the currency that applies in my country
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November 21, 2017, 11:29:26 AM
 #189

In addition, bitcoin payments are also currently processed at no cost or at a very low cost. Users can enter fees in transactions to obtain priority processing, thus securing faster transaction confirmation by the network.
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November 21, 2017, 11:30:34 AM
 #190

You are talking about a great opportunity for ordinary people who have jobs in the real sector. But what about those who have business connected with logistics, customs work, buying and selling, and then again with resale, with financial companies (banks)?

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November 21, 2017, 12:28:26 PM
 #191

i think the technology that being used on bitcoin called "blockchain" is the one who draw attention for the government on some countries

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November 21, 2017, 12:54:50 PM
 #192

Although Bitcoin has a lot of advantages but we still can't deny its disadvantages. It can be the result of a lot of guilty and increasing in number of crime because it can easily taken advatage to commit guilty such as money laundering, drug trafficking,.....beside the government of every country seem like only care about its disadvantages than know about its advantages like reducing the number of unemployed, making the economy more diversified,.....that why Bitcoin is not legalized worldwide at the moment.
Bitcoin and government what that is means?. Combine this two have advantages and disadvantages. The advantages is it can decrease the number of criminality and reduces jobless people because when you use bitcoin you can earn from it. And the disadvantages is when they combine bitcoin will controlled by government and i think its not good idea.

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November 21, 2017, 01:18:51 PM
 #193

Yes, it's a good partnership of Bit Coin and Government because they can help us in our daily needs and help us financially. It's true you can easily transfer, a money from another country without paying tax because it's a digital money or transfer it through online. You can earn here money for your future and when there is an emergency, you have a money to pay or buy medicine.
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November 21, 2017, 01:31:28 PM
 #194

Yes, it's a good partnership of Bit Coin and Government because they can help us in our daily needs and help us financially. It's true you can easily transfer, a money from another country without paying tax because it's a digital money or transfer it through online. You can earn here money for your future and when there is an emergency, you have a money to pay or buy medicine.
If government will give support to bitcoin, then it much better. Not just only to keep it alive but it would help to spread bitcoin worldwide. And everyone will can benefits from bitcoin, not just for a few days but it will provide and gives us for a long time. And even our next generation will can have this and they will continue it's great history.

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November 21, 2017, 02:10:03 PM
 #195

 Government make any thing legal if can get some tax from it and Bitcoin can’t gain any thing from it which make  Government fight against it
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November 21, 2017, 02:24:13 PM
 #196

Bitcoin is very useful for the people,government can understand the bitcoin uses for the internet people.bitcoin is very easy for online transactions.bitcoin is not approved by some countries,they also have to know bitcoin importance.
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November 21, 2017, 02:28:13 PM
 #197

that's your opinion! if Bitcoin is accepted in a country and the government agrees to use payments through Bitcoin, what about the conventional money used every day? this indirectly will make the infrastructure of a country no progress forward
Exactly, you only look on the positive side of it how about look on the possible negative effect on it. Remember not all people are interested on it means some of them are against it. Also many people still didnt know what bitcoin is so it might affect them because they did know how to used it in everyday life.

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November 23, 2017, 08:05:04 AM
 #198

I think it is not very wise to combine the usage of bitcoin to the current government. Since it is not traceable, it can be use to launder money and to transact money to do the dirty work of the government. Although there is a lot of reasons, it is still not very wise.
It is very important topic, because till the governments do not accept bitcoin as their legal and regular currency bitcoin cannot cover the whole world easily. The governments should support bitcoin rather they ban it and do not allow their people to mine or trade in bitcoin. It is in the favor of the people of a country because it has reduced unemployment and thus the burden on the government shoulders.
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November 23, 2017, 08:10:55 AM
 #199

I think it is not very wise to combine the usage of bitcoin to the current government. Since it is not traceable, it can be use to launder money and to transact money to do the dirty work of the government. Although there is a lot of reasons, it is still not very wise.
It is very important topic, because till the governments do not accept bitcoin as their legal and regular currency bitcoin cannot cover the whole world easily. The governments should support bitcoin rather they ban it and do not allow their people to mine or trade in bitcoin. It is in the favor of the people of a country because it has reduced unemployment and thus the burden on the government shoulders.

I agree with your statement it is really reduce unemployed people because here in bitcoin forum if you just spend your time for reading and analyzing of what happen here in the forum you can earn money with it. Through joining in different campaign like signatures campaign, actually that what I did now, because of that even I had I lot of credits and loan. I can still able to sustain our financial needs of my family. I really giving a big thank of bitcoin that comes it into my life.
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November 23, 2017, 08:20:29 AM
 #200

I think it is not very wise to combine the usage of bitcoin to the current government. Since it is not traceable, it can be use to launder money and to transact money to do the dirty work of the government. Although there is a lot of reasons, it is still not very wise.
It is very important topic, because till the governments do not accept bitcoin as their legal and regular currency bitcoin cannot cover the whole world easily. The governments should support bitcoin rather they ban it and do not allow their people to mine or trade in bitcoin. It is in the favor of the people of a country because it has reduced unemployment and thus the burden on the government shoulders.

Remember that every government is run through the revenue they generated. Bitcoin is a decentralized system and it have no revenue to offer the government. Which may in turn have a negative impact to the economy of the nation. So I think will be one of the reason government might not want to legalize bitcoin.
Yes exactly as bitcoin is tax free, this could be the main reason why many governments still they have not legalized it, as they do not get revenue from it. That may adversely affect the economy this is the possible reason.

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November 27, 2017, 11:30:51 AM
 #201

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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If the government does get a hold of bitcoins, they'll tax every transaction we have. So you'll be paying for taxes and transaction fees. Think about it. If you send bitcoins, the government will take 25% and then the exchange will take 25% as well. Imagine you'll only get half of your bitcoins if transferred them.
Exactly! The most important thing which has helped bitcoin the most in gaining this much of reputation across the globe is its decentralized nature. This feature of bitcoin is actually making bitcoin independent of any kind of rules and regulations of the government. Government has nothing to do with bitcoin until and unless they declare it as legal currency across their country.
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November 27, 2017, 11:34:15 AM
 #202

This is a question that any trader or investor has ever thought and wondered about. But there are a lot of difficult things to answer for this question.
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November 27, 2017, 11:34:46 AM
 #203

I think that its a great opportunity to make a bridge between different countries
Im a particiipant of Asian confernce https://blockshowasia.com/ which aim is to unite asia and the whole world
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November 27, 2017, 11:50:42 AM
 #204

I think government shouldn't be combined with Bitcoin, for me bitcoin is more for business
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November 30, 2017, 06:05:27 AM
 #205

The perceptions of every government from different countries about bitcoin are not all same. Some countries allows bitcoin as a payment for different services, while some do not and restrict it. And for me, Bitcoin and Government must go on separately. Because for sure the government will insist it's authority over bitcoin which for sure will not benefit the bitcoin community. Especially if that government has a lot of hidden agendas. I'm not saying that all of that government is like that.

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December 02, 2017, 12:33:28 PM
 #206

Your thoughts are a lot better.But the list of benefits you provide is good for us.But the government will not accept it.The government of many countries thinks illegal transactions through Bitcoin.So they do not take it
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December 02, 2017, 12:39:46 PM
 #207

Yes I agree with that combination bitcoin and government but other country don't like that but here in my country I didn't feel if they don't like bitcon because android app here is made for butcoin to use in a mini store and online business here. and I thought they they like it also.

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December 02, 2017, 12:48:45 PM
 #208

Bitcoin has many benefits, but not all countries support bitcoin. Governments around the world have their own stance on Bitcoin. Unfortunately, it is still better to use fiat especially in countries that have limited resources in terms of technology.
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December 02, 2017, 01:01:53 PM
 #209

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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I love it when governments accept Bitcoin as a form of  investment or a new form of electronic payment system. Actually here in my country Bitcoin is accepted and exchanges are regulated by the central bank though taxes and KYC/AML implementation could never be evaded for everyone's safety so I think this move will lure more users and investors and day by day crypto community here in my country is quite increasing so no doubt a perfect combination to me so far so good and haven't experience any problems here yet. I am looking forward that we are not far from reaching into reality like Bitcoin's status in Japan these days where Bitcoin is widely accepted in department stores there.

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December 02, 2017, 01:26:46 PM
 #210

Bitcoin & Government. I think that sooner or later the Government of several countries will start to recognise bitcoin, not in a negative way, but for its huge success these past years, and I think some governments will start to recognise bitcoin as something that they would ban in their country, or would these government embrace bitcoin and make it as an alternative for earning money, because of bitcoin's popularity, I guess these users would love to fight for the sake of the company getting banned by the government, but again if the economy is growing with the help of bitcoin I don't see a reason why governments would ban bitcoin, I'd even theorised that sooner or later the government would love to approve bitcoin in their countries.
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December 02, 2017, 02:33:14 PM
 #211

I salute those government and countries who gave recognitions to Bitcoins as a big help or implications in developing more their Economic Growth and stability. I envy them, because not all Government or Countries or even people who were in higher positions would understand how Bitcoin can be a good implications to the society. Oh! I must correct it! Yes, maybe some of them were able to understand how Bitcoin works and how can be impacted on society's Economic growth but for some reasons that they were the ones who implements tax legislations, I could say that they would rather not support Bitcoins. As if this will be supported, Tax implementations n ones country will become Null and useless as everyone can afford to pay their taxes. Plus, this is where they can increase their profits and incomes while sovereignity is sufferring from poverty and massive starvation.

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December 02, 2017, 02:42:55 PM
 #212

It may be not good in some countries where fiat is deeply rooted to economy, without money or paper bills economy will not go stable or worst become like other countries where inflation double every hour,
But I think if the Government will regulate bitcoin on an honest way (I don't know) we can combine them for the good off all
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December 02, 2017, 03:27:38 PM
 #213

The topical theme. Unfortunately or fortunately, it is still far to mass approval of bitcoin. Mass adaptation involves the consent of the majority. You won't get it in the nearest future, especially from states that progress a little bit slower people.
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December 02, 2017, 04:40:50 PM
 #214

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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It is a very good idea if the all the government will come to the lime light to see the benefit that is in investing in bitcoin.But it is a pity that many government of other countries are still not seeing the important of Bitcoin, that it will help every citizen of their community to come out of poverty. some government have already approved the use of bitcoin for trade transaction, investments and other related businesses. It would have been a good idea if  the governments all embrace the idea of keying into ever fast growing Bitcoin so as to empower its citizenry in this period of investment opportunity.
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December 06, 2017, 07:52:01 AM
 #215

Yes I agree with that combination bitcoin and government but other country don't like that but here in my country I didn't feel if they don't like bitcon because android app here is made for butcoin to use in a mini store and online business here. and I thought they they like it also.
Wise governments like bitcoin because they see the development and progress of their region in bitcoin and we have seen that regions who adopted bitcoin are in great economic health and this thing is real motivation for the new region governments to make a step toward bitcoin all the benefits will run toward them and also in my region government is serious about bitcoin to adopt it and give people chance to earn,
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December 06, 2017, 08:21:15 AM
 #216

It is indeed good. But if and only if bitcoin is accepted legally by government. Bitcoin and Government, having these two a good combination many people will have a good benefit and also bitcoiners will be at ease, and also improvement will be just around coming,  and bitcoin and government will be a good foundation on improving some structure, transaction, and so on. Considering, the value of bitcoin, 1 bitcoin is equivalent to 500,000 php or $10,000 such money can be a fund if a calamity devastated something. In addition, bitcoin can also provide a room for homeless people run by government.
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December 08, 2017, 06:17:58 AM
 #217

This idea was cool and if it happen many of us will not carry a cash to buy something in mall or supermarket and i think there is possible that bitcoin will replace the cash money from government bank so all people will using crypto currency. If this happen the the Telecommunication Company in your country must improve more there connection to avoid hassle transaction to user. 
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December 08, 2017, 07:57:15 AM
 #218

I think bitcoin is like USD in cryto-currency so the government might try to handle bitcoin when it is too popular like they did with gold.  Grin Grin
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December 12, 2017, 03:14:17 PM
 #219

I think that governments will be divided into two camps - those who can make this useful, and those that will prohibit bitcoin
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December 18, 2017, 05:15:02 AM
 #220

In addition, bitcoin payments are also currently processed at no cost or at a very low cost. Users can enter fees in transactions to obtain priority processing, thus securing faster transaction confirmation by the network.
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January 29, 2018, 01:29:36 AM
 #221

I think that governments will be divided into two camps - those who can make this useful, and those that will prohibit bitcoin

Maybe it is divided into two opinions. But the decision is a bit of a decision if bitcoin should be used in a country that people are in a good mood and no fear. Because thinking about bitcoin is good for a country especially if more users. But in our present time, the opinion is divided into two. one is willing and one does not agree.
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January 29, 2018, 01:38:50 AM
 #222

This idea was cool and if it happen many of us will not carry a cash to buy something in mall or supermarket and i think there is possible that bitcoin will replace the cash money from government bank so all people will using crypto currency. If this happen the the Telecommunication Company in your country must improve more there connection to avoid hassle transaction to user. 
This can happen in the near future. Because this is a great help to our community, we can be sure that money is secured and does not steal anyone. And it's easy to choose what we need. But this situation is really divided into two. many agree and many do not agree. Because of our time many exploit others and do bad things especially when it comes to money.
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January 29, 2018, 01:44:07 AM
 #223

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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Those are good reasons to make Bitcoin as a partner or legal currency approved by your government. However there are many considerations to think when one government allow the use of Bitcoin. First, are all establishment and people in your country have bitcoin wallet? Do they actually know how to use it and know the transaction fees of Bitcoin? Second, does your internet connection is as fast as that of other first world countries? Third, what will happen to your fiat currency? Lastly, does all the people in your country has smartphones and computers?

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January 29, 2018, 01:52:16 AM
 #224

I think Bitcoin and Government combination would be a great platform for the future purpose, day by day Bitcoin is becoming a profitable platform along with a popular platform for trading and investment. But some countries are still keeping the pressure on this platform because of the decentralized system.
So that also some people are still afraid of this platform. if Government and Bitcoin would be merged and worked together then people will be more involved in this system, I think Credibility also will be enhanced of this platform.
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January 29, 2018, 01:55:08 AM
 #225

I agree with your overall thought. The current system needs a reformation. A crypto currency itself is a good way to handle most issues. Marketcap is too big to be controlled by any government, even the richest one. There are other projects like XRP or Blackmoon which seek a way for btc to be fully legal and perhaps partially controlled by banks. Bitcoin is incompatible with government.
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January 29, 2018, 01:56:54 AM
 #226

Governments have shown the five stages of grief while dealing with the reality of Bitcoin taking over everything they know about money. But this has deep roots because centralized money causes you to take certain things for granted and makes you miss the point when looking at Bitcoin.It can also lessen the unemployed person  and everyone will be living in the fullest, that there is no rich or poor. I am hoping that someday it will happen and have a bettee relationship.
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January 29, 2018, 01:58:29 AM
 #227

Well I don't trust our government so I'll say it's better if bitcoin will stay decentralized.
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January 29, 2018, 01:58:45 AM
 #228

The government will always stand against the Bitcoin. Taxation is not available to the tax administration. You are not bound by the government.
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January 29, 2018, 02:11:18 AM
 #229

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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I have waited for such time become happen in near time.
This will make the improvement in bitcoin specially and cryptocurrency in generally.
Combination between government and bitcoin is really needed.

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January 29, 2018, 02:11:29 AM
 #230

I think there are also problems. there is no perfect project in the world all in the wrong, the good way is to succeed if you want but the negatives are always there for you.There may be a lot of good reason why bitcoin should be used by the government but still the government would not want to lose its control especially in financial sector cause this is the blood of the government.
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January 29, 2018, 02:40:27 AM
 #231

It is good if the bitcoin acknowledge the government many benefits will be come up. But in cryptocurrency system the government needs to study and research about its principles in terms of financial assistance in country. The Government should implement guideline in entering the system to avoid the unnecessary situation. 
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January 29, 2018, 03:19:53 AM
 #232

The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them.Whilst the majority of countries do not make the usage of bitcoin itself illegal, its status as money (or a commodity) varies, with differing regulatory implications. While some countries have explicitly allowed its use and trade, others have banned or restricted it. Likewise, various government agencies, departments, and courts have classified bitcoins differently. While this article provides the legal status of bitcoin, regulations and bans that apply to this cryptocurrency likely extend to similar systems as well.
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February 01, 2018, 12:38:26 PM
 #233

The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them.Whilst the majority of countries do not make the usage of bitcoin itself illegal, its status as money (or a commodity) varies, with differing regulatory implications. While some countries have explicitly allowed its use and trade, others have banned or restricted it. Likewise, various government agencies, departments, and courts have classified bitcoins differently. While this article provides the legal status of bitcoin, regulations and bans that apply to this cryptocurrency likely extend to similar systems as well.
I think many countries are limiting bitcoins because people who do not know how to use bitcoin so they complaining to the government that they are losing money. to the new ones in the world of cryptocurrency. So the government has decided not to legalize it in the country.
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February 01, 2018, 12:53:42 PM
 #234

The decentralization of bitcoin and the centralization of government is a great contradiction!
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February 01, 2018, 01:17:11 PM
 #235

In bitcoin we know that security of bitcoin is very strong and we can sell it or donate it into the poor and the government dont have authority in bitcoin, You can invest at bitcoin without worries. The goverment cant steal that bitcoin money, unless if we are careless to our bitcoin. Wink
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February 01, 2018, 01:30:55 PM
 #236

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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I think all of this reasons are great but then as we all know bitcoin is a decentralized so the government cannot transact the money of the people. In this reason the government does not allowed the bitcoin in our country.
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February 01, 2018, 01:34:01 PM
 #237

It is very difficult for the government to accept bitcoin. because this market is difficult to manage. When buying bitcoins, the buyers and sellers do not know each other's identities, as I think this is the strength of bitcoin, but it is because of this that the new government is hard to manage and does not accept bitcoin. I think so.
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February 01, 2018, 01:52:50 PM
Last edit: February 01, 2018, 07:04:58 PM by illete
 #238

Finally government realized that Bitcoin is safe and good economic indicator, like:UAE,INDIAN government also going to legalize the Bitcoin.Bitcoin is creation of blockchain technology which is secure and transparent will be backbone for the government and major tool to upgrade the financial system of country also helpful for strong economy of the country.
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February 01, 2018, 01:55:41 PM
 #239

If countries get tax, they make good money. Every country has a different policy in this regard. The currency of each country is different.
If you ask me, the greatest power is in the hands of the USA.
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February 01, 2018, 02:25:27 PM
 #240

It is very difficult for the government to accept bitcoin. because this market is difficult to manage. When buying bitcoins, the buyers and sellers do not know each other's identities, as I think this is the strength of bitcoin, but it is because of this that the new government is hard to manage and does not accept bitcoin. I think so.
We all have different point of view, i can not disagree on your side but i do have a different perspective. I think the government is not legalizing bitcoin because of its price unstability, if one person did bought bitcoin in a certain price, and because of its volatility, the price of bitcoin suddenly goes down,  then that person looses a percentage of ammount he or she have invested in btc. It is a fifty fifty chance of gaining and loosing your profit, and the government will only accept if its people will benefit more.

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February 01, 2018, 02:39:05 PM
 #241

I somehow agree with your opinion but there's always a negative side if you view it in the different perspective. Maybe it will become more stable and regulated like the real money and that will make bitcoin less progressive, they can imposed taxes on it and that buyers and sellers will not be anonymous at all.
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February 01, 2018, 02:46:00 PM
 #242

Bitcoin is very good for fast transactions but government has to watch the transaction details.some gambling is possible in bitcoin trading.government have to involve and support the bitcoin.bitcoin transactions fees also low than banks so it is very usefull.

yes I agree with you that bitcoin is the fastest transaction with low transaction cost, but in some bitcoin countries have not get legalized from his government that bitcoin is a safe crypto currency for digital transactions
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February 01, 2018, 04:59:49 PM
 #243

I prefer bitcoin like this, because I also hesitate
because it is not possible to replace paper money by bitcoin, if it is done in a country need to completely overhaul their state regulations on finance
and it will cause internal conflict in a country, bitcoin is more suitable for investment
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February 02, 2018, 07:21:45 PM
 #244

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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I think all of this reasons are great but then as we all know bitcoin is a decentralized so the government cannot transact the money of the people. In this reason the government does not allowed the bitcoin in our country.
I think at the present time different governments need to sit together to address this issue because it will be difficult for single government to legalise the crypto currency in the world, so if all the economic leaders of the world start legalising this crypto currency just like patents can be registered from one country thorough out the world. Common people has no issues regarding taxation on the crypto but legalisation is really an issue for the common man.
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February 02, 2018, 07:27:24 PM
 #245

Any good government that is looking for a way to grow it economy should look into bitcoin and adopt bitcoin as a secondary currency in they country as this will enhance the eas of doing business within and outside the country, and also help the government to be able to regulates and tax bitcoin transactions and help to combat financial crime such as money laundering.
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February 03, 2018, 07:25:46 AM
 #246

I somehow agree with your opinion but there's always a negative side if you view it in the different perspective. Maybe it will become more stable and regulated like the real money and that will make bitcoin less progressive, they can imposed taxes on it and that buyers and sellers will not be anonymous at all.
Right now, the role of government towards bitcoin is not that much encouraging as it actually needs to be but the thing is government has its own restrictions due to which the government is afraid of taking such kind of risk and that too this much early. If the government declares this bitcoin as a legal currency, then this will really work in favor of bitcoin as well as the people living in that country too.

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February 04, 2018, 04:06:54 AM
 #247

But now Bitcoin and the government do not seem to be compatible with each other, otherwise not so many countries banned bitcoin.
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February 04, 2018, 05:28:20 AM
 #248

The bitcoin system related to be government policies.digital currency of world level money transaction an business market.
The government sector are cryptocurrencies known to have substantial advantages over traditional fiat currency transferred
in a cheap and fast way.bitcoin growth are government sector regulation should be digital currency of system both for the
future of cryptocurrencies at large and those of existing cryptocurrencies like bitcoin.
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February 04, 2018, 05:47:22 AM
 #249

The bitcoin system related to be government policies.digital currency of world level money transaction an business market.
The government sector are cryptocurrencies known to have substantial advantages over traditional fiat currency transferred
in a cheap and fast way.bitcoin growth are government sector regulation should be digital currency of system both for the
future of cryptocurrencies at large and those of existing cryptocurrencies like bitcoin.

No, bitcoin is a decentralized system government are getting hard to control for it since it has a unique design in a block chain that no other party can interfere, aside from being no central control the government cannot easily shutdown all bitcoins related server because the fact that it has a big help for their ordinary citizen for making income from bitcoin.

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February 04, 2018, 06:12:35 AM
 #250

Very Good topic taking about governments regulating bitcoin and other crypto assets and of course with out a dout this will benefit the whole inculding govts some might disagree about legalizing bitcoin and say that bitcoin must stay decenterlized but this a two way street in my point of view bitcoin will alot more useful if it got centralized for all of us i hope people would see it too  Smiley
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February 04, 2018, 06:37:15 AM
 #251

Government will be exceptionally stressed when the Bitcoin cost is continually changing rapidly on the grounds that it could cause monetary turmoil in their nation. There should be a direction and a few things that can make Bitcoin costs considerably more steady. In the event that the government needs to be more agreeable then all nations ought to have the capacity to make a solidarity that is making a thing that will have the capacity to control Bitcoin. Bitcoin is a troublesome advanced money controlled, yet when we can influence upgrades and furthermore to fabricate a choice together then it will profit the two sides.
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February 04, 2018, 06:47:53 AM
 #252

Im pretty sure that btc will be accepted in a lot of governments due to benefits digital currency offers.
However, this will not replace the conventional money that s used on a daily basis. I mean, that would kill it's own foundation. But, should they recognize btc, it will be on other marketing platforms, like online. or some other similar uses.
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February 25, 2018, 06:56:19 AM
 #253

We can use bitcoin on many useful things. That is really nice bitcoin function. We know bitcoin is a very famous crypto currency and they have many things that we can use. And now we buy house, Cars etc. Using bitcoin great ideas. I wish we can use bitcoin on hospital or any drug stores.
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February 25, 2018, 06:57:40 AM
 #254

This works against Bitcoin's mass market adaption, beyond the measure of it being a good investment opportunity. Other coins have lower fees and faster transaction times without the need for a third party to secure transaction amount before it is finalised.
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February 25, 2018, 07:12:27 AM
 #255

it is true, if the government can accept and not ban bitcoin will certainly be much easier for us to use it as payment and the economy will also increase

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February 25, 2018, 07:37:53 AM
 #256

Somehow a good point to be happened in the future but it will take a lot of years to be realized. There wil still a lot of debates and discussion to be happened with the Government officials aboit cryptocurrency as a medium of exchange in almost every establishment and institutions. What I am talking about is a cashless payment when buying something in a market. Yet it may be certain. We may not know, we cannot predict future.
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February 25, 2018, 07:54:11 AM
 #257

Governments will always treat crypto-currency with distrust and utmost caution. This is due to the fact that the crypto currency allows citizens to uncontrollably withdraw funds outside the country. Also, the crypto currency is very volatile, and financial relationships like consistency. In addition, recently bitcoin showed that it is able to swell as a financial bubble, and this is associated with a certain share of risk for citizens in investing. Therefore, the higher the crypto currency will rise in price, the more strongly it will be subject to regulation.
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February 25, 2018, 08:01:39 AM
 #258

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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It is great. And I'm happy that more and more government-per country acknowledges Bitcoin. They see merit in Bitcoin and is looking forward in regulating Bitcoin. The idea you've stated is on point. Furthermore, most transactions if BTC will be legalized, should be monitored.
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February 25, 2018, 08:02:44 AM
 #259

Somehow a good point to be happened in the future but it will take a lot of years to be realized. There wil still a lot of debates and discussion to be happened with the Government officials aboit cryptocurrency as a medium of exchange in almost every establishment and institutions. What I am talking about is a cashless payment when buying something in a market. Yet it may be certain. We may not know, we cannot predict future.
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February 25, 2018, 08:08:15 AM
 #260

Kalua speaks very well for Bitcoin problem transactions quickly but the Government must see first in the gambling transactions whether right or wrong. recently on behalf of the Government of memfonis and it's wrong not bitcoin can be used for all users of the bitcoin.
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February 25, 2018, 09:29:34 AM
 #261

Governments are always greedy for the controls, they want to control each and everything including financial flow within the country. Bitcoin is based on blockchain technology which relies on the decentralization and it takes away the power of control from the traditional authorities and it transfers the power to us, the users. So I do see less friendly approach from the government store word such technology, especially in the financial sector. As of now governments are still in the wait and watch mode and they are planning to roll out rules and regulations for this sector.
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February 27, 2018, 11:21:20 AM
 #262

I see like Bitcoin is becoming more and more legal. Blockchain and smart-contracts becoming a reality of business relationships. And this is very important for improving modern economy and the world.
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February 27, 2018, 01:08:27 PM
 #263

I see like Bitcoin is becoming more and more legal. Blockchain and smart-contracts becoming a reality of business relationships. And this is very important for improving modern economy and the world.
Blockchain is a revolutionary technology and its worth is now understood by the big business empires. Even many countries who have made bitcoin legal are thinking about introducing their national crypto currencies. Indeed, current economy cannot survive without blockchain technology.
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February 28, 2018, 02:08:00 AM
 #264

If Bitcoin and the government were mixed, then there would not have been any economic problem in the country. Many people know Bitcoin is very useful. Although I am new here but everyone around me has made huge progress through Bitcoin, which is unimaginable .So if the government recognizes Bitcoin, people will be benefited.
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February 28, 2018, 02:12:56 AM
 #265

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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bitcoin can also be used for transactions to the world. but that's a bit risky, because bitcoin could be used for illegal transactions of goods from other countries around the world.
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February 28, 2018, 02:21:51 AM
 #266

That is only your point of view but in reality government's will never really use bitcoin as their main currency because they could not gain any revenue thus the government will be unable to assist the citizens and the country will not progress. Bitcoin is just alternative way of payment if one wants decentralized, secured and fast transaction currency then he/she can use it or just sick and tired being oppressed by the centralized system then btc is right there.

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Aryanto28
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February 28, 2018, 02:33:23 AM
 #267

that's your opinion! if Bitcoin is accepted in a country and the government agrees to use payments through Bitcoin, what about the conventional money used every day? this indirectly will make the infrastructure of a country no progress forward
Actually not too many people who use bitcoin as a means of payment because not many also can accept bitcoin as payment. we here the majority of trading and investing in bitcoin to get a lot of money if it is in get we can still sell it with the payment of a legitimate currency in a country so in conclusion we still use the payment in the currency in accordance with the state but get the money through the coin. and has confirmed bitcoin instead of currency but in the form of digital goods.
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February 28, 2018, 02:47:53 AM
 #268

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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You're definitely correct. There are so many advantages of allowing bitcoin in a certain country. I think you are a Filipino citizen and I am too. We are so lucky that our government allows us to use digital currency. But I think allowing this has also disadvantage in our country. We all know that earning bitcoin is tax free. So, instead of looking for a job they will just focus in it.
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February 28, 2018, 03:09:55 AM
 #269

I think the reason why so many countries ban bitcoin is because the advent of Bitcoin has broken the traditional trading model and made the country's tax policy difficult to formulate. The uncontrolled bitcoin should be the government's most worrying issue.
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February 28, 2018, 08:30:35 AM
 #270

I think the reason why so many countries ban bitcoin is because the advent of Bitcoin has broken the traditional trading model and made the country's tax policy difficult to formulate. The uncontrolled bitcoin should be the government's most worrying issue.
You have a point. the government can not allow bitcoin users because they can not get tax on bitcoin. So government do not allow bitcoin to work or use bitcoin for peoples needs. For the sake of my opinion we should carefully consider the bitcoin for the benefit.
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February 28, 2018, 09:00:42 AM
 #271

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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I agree, and good points as well. I think that the cryptocurrency market, if it is properly incorporated in locals markets, would really bring a lot of good changes leading to a more productive market. It gives options are to means of payment, modes of investments, and medium of trade that could make the local markets even more active. Also, as more and more people would support it, it can strengthen the assets in such market through increased usage rates and better trust ratings.

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February 28, 2018, 10:40:22 AM
 #272

Indeed, the spread of bitcoin in our country has brought good things to us and I am pretty much sure that government are also now figuring out how they can maximize the benefits of their people as well as the government itself from bitcoin. If the government will pursue bitcoin, it will strive to control the transactions and will contradict the very nature of bitcoin which is decentralization. But good thing about bitcoin, it is useful for online payments and transfers and most of all, a high valued digital currency and a source of a profitable investment for all of us.

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February 28, 2018, 10:57:55 AM
 #273

The state is getting big gains thanks to taxes.



Bitcoin is a great gain on behalf of people by providing free money transfer.



That's why the state does not like the bitcoin stock exchange.
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February 28, 2018, 12:23:29 PM
 #274

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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Sounds pretty good, if every country allows all transactions using bitcoin, and everyone buys bitcoin, so bitcoin value will be higher. But will it have a good impact on the economy of all countries and people? and what about people who do not understand with bitcoin and how the currency of each country exists, whether it will be removed from its position as currency? I think that's impossible.
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February 28, 2018, 12:37:13 PM
 #275

Number of quite important things have happened this week with Government involvement in Crypto Currency.

1) The Justice Department is now publicly talking about how they are drawing out a plan for crypto currencies. Read article here -> http://learnccrb.com/2018/02/justice-dept-developing-comprehensive-cryptocurrency-strategy/
2) Coin Base have just been forced to hand over 13,000 customers records to the IRS so that the people profiting from Crypto can be taxed. Read article here -> http://learnccrb.com/2018/02/coinbase-to-send-13000-users-data-to-the-irs/

I personally believe we are about to see massive government involvement with Crypto as it threatens the scam that is Fiat Currencies and Tax Revenue.
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February 28, 2018, 12:52:02 PM
 #276

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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Aside from these advantages, what about we consider disadvantages. The conventional money we used will be disregard and the bitcoin's value will affect the country's economic state which is risky since bitcoin is volatile or if bitcoin becomes stable, it doesn't be as profitable as it is now. If the conventional money is replaced how do we supposed to have our own currency. I think it is impossible that goverment will allow bitcoin that much to replace own currency or conventional money because it is uncontrollable.
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February 28, 2018, 01:06:49 PM
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Indeed, the spread of bitcoin in our country has brought good things to us and I am pretty much sure that government are also now figuring out how they can maximize the benefits of their people as well as the government itself from bitcoin. If the government will pursue bitcoin, it will strive to control the transactions and will contradict the very nature of bitcoin which is decentralization. But good thing about bitcoin, it is useful for online payments and transfers and most of all, a high valued digital currency and a source of a profitable investment for all of us.

it would be useful if the government used bitcoin for payments. This is a great help, With government benefits from bitcoins users will benefit from the government. So no much taxes for all bitcoin users. For that, the government will benefit from that and the government can legally use bitcoin.
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February 28, 2018, 01:12:13 PM
 #278

The major issue of Cryptocurrency with the government is the decentralization, anonymity and inability to have the earnings made from bitcoin taxed. Until all these and much more are being attended to, there will always be issues between the government and Cryptocurrency.

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February 28, 2018, 01:15:16 PM
 #279

The money limit applies when traveling abroad. A limit of € 10,000 for European countries creates a problem. Thanks to Bitcoin, we do not have to carry cash. When vacationing, the anxiety of money stealing has come to an end. Tax advantages. We do not have to pay high tax rates.
Sure. Bitcoin really helps. Especially those ofw, because they can send the money by not paying huge amounts for what they want to send if more than the limit of the bank or the government. Ofw not to worry that the big tax will reduce their money to be sent to their families.
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February 28, 2018, 01:49:03 PM
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In the primitive times, the banks in the countries of individuals were limited, few and far in between and because they were new, many people did not initially accept them as deposit house for their funds.... But as time went on, people found that the easiest way to save money is at the bank as the banks gave interest on deposits whether fixed or variable. The bitcoin is going to do that very soon as government will have more spending power and when they invest in it and encourage their people to do so.

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March 02, 2018, 04:13:01 PM
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I think the reason why so many countries ban bitcoin is because the advent of Bitcoin has broken the traditional trading model and made the country's tax policy difficult to formulate. The uncontrolled bitcoin should be the government's most worrying issue.
You have a point. the government can not allow bitcoin users because they can not get tax on bitcoin. So government do not allow bitcoin to work or use bitcoin for peoples needs. For the sake of my opinion we should carefully consider the bitcoin for the benefit.
Yes but the problem is that if the governmental bodies have not allowed the use of bitcoins in the day to day financial matters regarding the financial development of the country, then the tax system still is most obvious and is causing us the same amount of harm as before without the advent of these coins .On the other hand the problem that I do think about is that bitcoin are not been able to benefit the people as the legality issue is one of the greatest hindrance in its way.
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March 03, 2018, 02:20:28 AM
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I think the reason why so many countries ban bitcoin is because the advent of Bitcoin has broken the traditional trading model and made the country's tax policy difficult to formulate. The uncontrolled bitcoin should be the government's most worrying issue.
You have a point. the government can not allow bitcoin users because they can not get tax on bitcoin. So government do not allow bitcoin to work or use bitcoin for peoples needs. For the sake of my opinion we should carefully consider the bitcoin for the benefit.
Yes but the problem is that if the governmental bodies have not allowed the use of bitcoins in the day to day financial matters regarding the financial development of the country, then the tax system still is most obvious and is causing us the same amount of harm as before without the advent of these coins .On the other hand the problem that I do think about is that bitcoin are not been able to benefit the people as the legality issue is one of the greatest hindrance in its way.
You have a point too. So do not take advantage of bitcoin in many countries. Due to tax. As long as the government does not get tax on bitcoin, bitcoin can not be legal. but in many countries bitcoin helps. It's used in some restaurants, Uses billing bills every month. So our government benefits from bitcoin. However, there are still some people who are preventing them.
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March 03, 2018, 02:27:47 AM
 #283

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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Having bitcoin and the government together would give us advantage and disadvantage. After having it legalized, the government may take advantage on it and put up some transaction fees making our profit lessen up. On the bright side, if the government would allow bitcoin to take over their country, great convenience and innovations would occur, that's for sure.
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March 03, 2018, 02:46:20 AM
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It is very difficult for the government to accept bitcoin. because this market is difficult to manage. When buying bitcoins, the buyers and sellers do not know each other's identities, as I think this is the strength of bitcoin, but it is because of this that the new government is hard to manage and does not accept bitcoin. I think so.

Some governments forbid bitcoin, but I think it's because there is no inside politics that will invest in bitcoin. Bitcoin technology is recognized as one of the greatest inventions of recent years and many countries and companies are beginning to use it. Bitcoin has made many people really rich and it's good for the government, the ability to pay a lot of citizens increases and the economy continues to move without the need for more money printing.
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March 03, 2018, 02:51:25 AM
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Government is panic because they not getting any income tax from trading or transfer funds from one place to another ( Fiat exchange). That's why government is opposing to the bitcoin. Also because of volatile market they are giving warning to people to stay away from trading.
Yes, Only in part from the economics, trade, the characteristics of bitcoin surpasses the governance frameworks of national governments. In addition, the impact of bitcoin on the risks of crime, terrorism and weapons ... is clearly related to political issues, the acceptance of bitcoin and its value have influenced and perceived the distinction between countries in the world.
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March 03, 2018, 04:46:40 AM
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Government is panic because they not getting any income tax from trading or transfer funds from one place to another ( Fiat exchange). That's why government is opposing to the bitcoin. Also because of volatile market they are giving warning to people to stay away from trading.
Yes, Only in part from the economics, trade, the characteristics of bitcoin surpasses the governance frameworks of national governments. In addition, the impact of bitcoin on the risks of crime, terrorism and weapons ... is clearly related to political issues, the acceptance of bitcoin and its value have influenced and perceived the distinction between countries in the world.

You're right. Crime is a bit of a bitcoin so bitcoin regression in countries is not possible. Many bad feelings degrade the image of bitcoin in countries. It can not be changed anymore. What the government should do for us is to make legal and beneficial bitcoins in every country.
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March 10, 2018, 02:25:24 AM
 #287

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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The government prohibits the use of virtual currency including bitcoin for use in transactions in the country.

However, trading of virtual currencies under the two main exchanges, Huobi and OKCoin, even growing.
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March 10, 2018, 03:01:15 AM
 #288

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵�� Group
This is your idea of standing on Bitcoin. The government will first think that the economy is not under their control. They cannot control it. The traditional legal currency and banks will be greatly affected. The entire world economy depends on the government for regulation. At that time, Bitcoin's holdings will gradually become the government.
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March 10, 2018, 03:16:21 AM
 #289

Many people just want to reduce taxes, but taxes are very important to the country. If we reduce taxes, it will be unfavorable for the country to build public infrastructure.
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March 18, 2018, 06:14:09 AM
 #290

dont expect that gov accept bitcoin and cryptocurrency to be welcome by goverement they cant risk there people money for anonymous groupe or personne
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March 18, 2018, 06:35:19 AM
 #291

The appearance and popularity of bitcoin have been panicked by various countries and now many countries are declaring them to be fragrant to use bitcoin. If bitcoin and the government can synergize then the terms of the cooperation they form will bitcoin users to be free and cooperation both parties will also form a regulation of bitcoin users who make transactions so that it is against the system of decentralization bitcoin during this
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March 18, 2018, 03:47:08 PM
 #292

I am from Philippines too and it is good to know that the government is now acknowledging bitcoin. Through bitcoin, every transactions now are easy and fast to do. Bitcoin already appeared to televisions and heard from radios which is a good way to popularize bitcoin more. It is not surprising that many citizens now trusted and used bitcoin. I think bitcoin will give a big help to an economy of one country.
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March 18, 2018, 05:40:57 PM
 #293

If bitcoin and governments can be a good combination,  every country in the world will have a clear government. The government can leverage that kind of accountability, in the same way that any private party can. It doesn't destroy anything, but it does improve transparency because bitcoin is a public ledger, each full node in the network has a complete map of every transaction, to date.
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March 18, 2018, 07:11:59 PM
 #294

Its good to know that governement is agree to process a bitcoin in this country but some  government in other country scared with bitcoin because bitcoin is risky to there banks.
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March 18, 2018, 07:34:58 PM
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Its good to know that governement is agree to process a bitcoin in this country but some  government in other country scared with bitcoin because bitcoin is risky to there banks.

most goverments don't like bitcoin and cryptocurrencies because they can not control them and they prefer to limit operations or ban cryptocurrency at all.

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March 18, 2018, 07:42:57 PM
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I think at the moment its good that no gouverment in the world are regulate cryptocurrencies. Many people think when they start regulate it will be better, but i dont think so. Because the most gouverments will see that cryptocurrencies give the people back their controll about their money, and they will dont like this. So they will kust make negativ things which will not allow you to make god profits. Or they will make high taxes which take the biggest part of your profit away from you.
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March 18, 2018, 08:11:53 PM
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Bitcoin is the currency of the future, since this currency does not yet have the control of any government, therefore any government does not benefit from what is profitable for a common citizen, for the future of a bitkoy!
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March 18, 2018, 08:29:16 PM
 #298

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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Its a good news that your government is embracing Bitcoin, Bitcoin is a good crypto that will change most economies if properly put in practice. these are such nice implementations that will come to increase the economic growth of your state
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March 18, 2018, 08:34:40 PM
 #299

The good side is good! but imagine the banking sector if you now implement the technology of blockades, millions of people will be left without work! if there is a rapid growth, then in another sector of the economy there will be a crisis due to lack of financing, I think this and are afraid of politics!
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March 18, 2018, 08:43:59 PM
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Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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Maybe I don't understand correctly, what do you mean, but everything you wrote is very similar to the simple attitudes that  emerge between employer and employee. Employer pays money on the card. Employee can make easy transactions and so on.
Bitcoin was created as a decentralised system. All it's charm is in its independence from government and banks. It's different.
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March 19, 2018, 09:47:27 AM
 #301

For today in the USA there is no uniform approach to regulation кpиптoвaлют. The Securities and Exchange Commission (SEC) warned investors about the risks associated with digital currency, banned some ICO and thought about the need for a more ambitious regulation of the Crypto-currency.

The Commodity Futures Trading Commission (CFTC) became the first US regulator to allow the public trading of crypto-currency derivatives.

US Treasury Secretary Steven Mnuchin clearly outlined the priority of the currency over the digital currency. During the meeting of the Economic Club of Washington on January 12, 2018, he stated that he and other regulators assume a high probability of money laundering using crypto-currency. Stephen Mnuchin said that the US Financial Stability Supervision Council had formed a working group to study the crypto currency market. According to Mnuchin, first of all he "wants to be sure that crypto-currencies are not used for illegal activities."
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March 19, 2018, 09:57:27 AM
 #302

bitcoin is very helpful to our community even as bitcoin lovers have gradually started to change in our economic life for the better. even we can also extend help to the poor if .
if the Indonesian government is still being tough if bitcoin is banned for use as a transaction tool .

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March 19, 2018, 10:00:26 AM
 #303

That's a good point of yours, but the transaction fees are too high and cannot compare with banks. Well anyway bitcoin still has more to develop to become one of the strong contender in currency. The main idea is good and has a good future but many to learn.

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March 19, 2018, 10:42:09 AM
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I don't know about this. Bitcoin is a decentralized currency, meaning it was created so no one can control it, not even the government. I think we will just have to wait and see what happens.
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March 19, 2018, 11:08:41 AM
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Very important issue for at this moment I seen ever.Really your opinion is so much pretty but all countries government not try to understand Bitcoin important this is big problem.Even some governments announced Bitcoin is illegal.
were did you get that SOME GOVERNMENT ANNOUNCED BITCOIN IS ILLEGAL?your just making own opinion but dont put words you dont really knows..even USA a great country only banned their citizens by joining ico.not banning bitcoin.

To the OP i guess if the two management combined this crypto will grow x10 instantly since government only want to require tax in this community
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March 19, 2018, 11:13:53 AM
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in my country bitcoin and the government have different views on financial matters where my government thinks that bitcoin can cause inflation of the opposite era bitcoin assumes that can reduce inflation actually government have to have solution in this problem.
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March 20, 2018, 12:31:41 PM
 #307

Bitcoin and the government is the best tandem, If people kindly using bitcoin without any husstle with the government people's life is like just begun of happiness. They easily transfer money using bitcoin from the other country once they need it. And if emergencies need to pay, we can do easily too. Government was an anonymous about the regulations of using bitcoin. If the government didn't accepted to regulate on every country bitcoin user was complain about the benifits of bitcoin.
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March 20, 2018, 01:36:52 PM
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Bitcoin and the government is not that close to each other because bitcoin is against centralization because it has a decentralization feature and the government doesn't want that decentralization because they want to get control of the bitcoin and other cryptocurrencies and they are trying to control it by implementing regulation so we cannot really say about this two if they will be together or nah.
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March 28, 2018, 07:23:35 AM
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There is no opinion of the government about Bitcoin. But the government of any country will not even oppose it. Bitcoin is very strong so it will be operated in the manual process.
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April 09, 2018, 11:22:36 PM
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Government view on cryptocurrency  most often has to do with the leader's view and the people in authority. Sometimes the people in  authority may not understand the concept behind technology or may feel threatened it could affect the currency of the country. If the country authorities can't benefit or do not know how to benefit from the cryptocurrency.

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April 09, 2018, 11:38:33 PM
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Very important issue for at this moment I seen ever.Really your opinion is so much pretty but all countries government not try to understand Bitcoin important this is big problem.Even some governments announced Bitcoin is illegal.
The government should support the existence of bitcoin.All benefits of bitcoin also must be supported by the government.Law and regulation are needed to support bitcoin existence and it's operation. This regulations will support bitcoin to grow legally in our society and bitcoin also can improve the country economy.
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April 09, 2018, 11:45:05 PM
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Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
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Good point but would you buy a stick of gum with bitcoin? Would you still give tips using bitcoin? Would you use bitcoin in small amount of transactions?

Bitcoin is a good payment system but it won't replace fiat money yet.
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April 09, 2018, 11:48:24 PM
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Firstly, the bitcoin was not designed to be identified with any government, its motive is to decentralize the financial system of the globe. That motive keeps government out of the reach of the technology and also keeps the government away from interfering with the bitcoin related transactions
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April 09, 2018, 11:50:17 PM
 #314

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵�� Group

Good point but would you buy a stick of gum with bitcoin? Would you still give tips using bitcoin? Would you use bitcoin in small amount of transactions?

Bitcoin is a good payment system but it won't replace fiat money yet.
Yes bitcoin is a very good way for earn some extra money and that's why many of people want to join this but government is confuse about bitcoin and they want to some proof that bitcoin will never harfull for people so bitcoin legalised in every country and that's why bitcoin will more helpful for people.

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April 09, 2018, 11:53:50 PM
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that's your opinion! if Bitcoin is accepted in a country and the government agrees to use payments through Bitcoin, what about the conventional money used every day? this indirectly will make the infrastructure of a country no progress forward

I'm agree mate, what about the conventional money used every day. every country has currency. I think if is difficult, maybe In future it will happened.
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April 13, 2018, 04:36:02 AM
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Government is panic because they not getting any income tax from trading or transfer funds from one place to another ( Fiat exchange). That's why government is opposing to the bitcoin. Also because of volatile market they are giving warning to people to stay away from trading.
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April 13, 2018, 06:24:13 PM
 #317

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵�� Group

You're right but not every government think positive about bitcoins. Since it has some disadvantage. Plus if youre using bitcoin for daily basis what would you do with fiat. You don't pay tax to government and in the end government become weak and may call poorest country. Not only this, mostly people use bitcoin for drug sale as i said it has some disadvantage so selling drugs is also a part of  it .For me its hard to account bitcoin for government.









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Jerzzz
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April 13, 2018, 06:26:24 PM
 #318

The major issue of Cryptocurrency with the government is the decentralization, anonymity and inability to have the earnings made from bitcoin taxed. Until all these and much more are being attended to, there will always be issues between the government and Cryptocurrency.
SolutionBase
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April 13, 2018, 06:43:15 PM
 #319

Governments generally like to regulate and controls things so that they can redirect resources to their own self perpetuating interests. This isn't conspiratorial; it happens because at the head of each bureaucracy are people who have a job, like their job, and want to justify continuing their job. They need to find reasons to keep their budget and to expand it, which means they need to find problems to solve so that they can show their constituents that they're doing "something".

That said, crypto represents a bit of a problem for them doesn't it? Its hard to trace, which makes it hard to track and hard to tax. It allows for peer-to-peer transactions, which means there is no role for them in the facilitating of that transaction, no bureaucrat who needs to approve it. They can't print it, which means they can't control it. Since they don't get anything from it, it doesn't immediately expand their power or justify their existence. So how can they relate to it in a way that justifies their role? Well, it makes a great "problem" that they can solve, since they can say its the currency of crime. They can say that, whenever it crashes its because it wasn't regulated by them. I think that its infinitely more likely they'll try to punish it then help it, since they don't gain anything from helping it.
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April 14, 2018, 11:21:46 AM
 #320

Bitcoint and the government do not get along with each other, but this is a matter of time and somebody will obey in any case
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April 14, 2018, 11:55:04 AM
 #321

I think, if the government supports the use of bitcoin, it will be more fun and many places accept bitcoin as payment and will also make it easier for me to use bitcoin anywhere, the country's economy can also increase as many bitcoin users have improved the economy
hanabii
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April 14, 2018, 12:13:25 PM
 #322

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵�� Group
In early 2018, the government began to take decisive steps to suppress the development of bitcoin in Indonesia. Bank Indonesia (BI) as the financial regulator in Indonesia considers cryptocurrency as an illegal and unrecognized currency.
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April 14, 2018, 05:44:46 PM
 #323

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵�� Group
everyone is free to give opinions but must be in accordance with reality. it is clear that the government's attitude towards the existence of btc is considered to threaten conventional banks. because it is clear that btc has a clear and profitable prospect.


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tonyja2017
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April 14, 2018, 05:48:41 PM
 #324

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵�� Group
Yes, there are many advantages when the government accepts bitcoin. But the downside is more and more important than the advantage. Actually bitcoin has brought participants a lot of profit and it will make the economy of a country go up. But the government will not be able to control the deal. In addition, this is an anonymous market, the government will not be able to track down fraudsters through their counterfeit information.

Tnt1971
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April 14, 2018, 05:51:58 PM
 #325

Bitcoin and government two both very important catalyst in cryptocurrency world. If government can be consious about bitcoin then bitcoin will achieve a better position.

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rainezerr401
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April 14, 2018, 05:52:53 PM
 #326

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵�� Group

If cryptocurrency and government will work together then we can really expect a better future because there are a lot of people in the corporate world who are investing on bitcoins and japan is also using cryptocurrency to improve their own country.
wladsem555
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April 16, 2018, 09:56:52 AM
 #327

One of the tasks of the government is the legal regulation of the financial system and the payment of taxes. Therefore, the governments of many countries are closely watching the bitcoin and assess what advantages and risks it can bring. After bitcoin has been legalized, the government can set some transactional fees and taxes. As a result, people's profits will decrease. But on the other hand, there will be an opportunity to introduce and control the innovative technologies that bitcoin gives.
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April 17, 2018, 07:56:13 AM
 #328

Bitcoin will continue to gain momentum but high transaction costs, this works against the adaptation of mass market Bitcoin, beyond that measure to be a good investment opportunity.
dante golo
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April 17, 2018, 08:33:03 AM
 #329

Perhaps if the government accepts bitcoin as a means of transaction is a very suitable thing because if someone wants to send a very fast money in an emergency so as to make a comfort and not waste much time to send it.

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Timok Abiodun
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April 17, 2018, 08:54:13 AM
 #330

Governments around the world — including the U.S., China, Japan, Canada, Venezuela, Estonia, Sweden, and Uruguay — are either actively working on some form of digital currency or exploring the topic.

But don't expect a bunch of bitcoin clones. Governments have very different priorities, and decentralization — a main feature of most cryptocurrenices including bitcoin — doesn't tend to be one of them. In fact, government digital currencies could herald a new era of centralization, posing serious questions about privacy and the viability of true cryptocurrencies like bitcoin.
vergel24official
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April 17, 2018, 09:13:21 AM
 #331

Money laundry exists and has always existed even before crypto. I don't understand govt measures.
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April 17, 2018, 09:15:28 AM
 #332

Money laundry exists and has always existed even before crypto. I don't understand govt measures.
In some countries the bitcoin are free to use . Thy allowed it in their country.but at the same time, there's a countries that can't allowed the bitcoin to enter or used intheir country becayse they don't know if it really safe or not. Maybe for those allowed the bitcoin in their countries they see the importance and benefits of the bitcoin. That the others not see it
decoder88
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April 17, 2018, 09:22:08 AM
 #333

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵�� Group
The following are good as he/she stated except the number four because in my country it is hard transfer money and the government will put high taxes when you transfer money in other country so it is hassle to deal with it.
DoublerHunter
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April 17, 2018, 09:26:20 AM
 #334

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵�� Group
The following are good as he/she stated except the number four because in my country it is hard transfer money and the government will put high taxes when you transfer money in other country so it is hassle to deal with it.
That is why there is bitcoin that you can use in order to transfer money without getting charge of high taxes because with bitcoin you cannot be track down by the government and you can just successfully send your money to the other part of the world or other countries without getting taxed so it is one of the reason why having bitcoin is a really good idea.
aileen393332xe5157
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April 17, 2018, 09:32:23 AM
 #335

I think that one day the government will support Bitcoin and see Bitcoin as a means to develop the economy. But the government must have a policy to manage Bitcoin to avoid inflation, money laundering or Bitcoin abuse for illegal activities. There should be strict management to adjust the tax rate, usage ... At that time the main interest will belong to the people.
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April 17, 2018, 09:39:14 AM
 #336

Is its good combination of bitcoin and our current government? let's talk about this things if these two options were combined in the future, Our government used bitcoin and spread to every people in their countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay for billings every month.
3. For less time and moved for traveling on anywhere we want.
4. It's easy to transfer money from other countries with fewer taxes. this favor is approving for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

There's a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵�� Group
I agree with all your opinion. From the beginning I joined Bitcoin, I was already very confident that Bitcoin able to give a positive impact on its users. And if Bitcoin is used in real life we would be very easy to do anything with Bitcoin. Hopefully one day this can happen.
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April 17, 2018, 09:43:14 AM
 #337

Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?

Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.

Theres a lot of good reason.
Pinoy 🇵🇭 Telegram 🇵�� Group

I appreciate your opinion mate but I don't think bitcoin and the government can walk together all along because their fiat would be in danger. So, suggested solution is that the government create their own digital money by adopting bitcoin technology.
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April 18, 2018, 02:41:40 AM
 #338

Maybe it is divided into two opinions. But the decision is a bit of a decision if bitcoin should be used in a country that people are in a good mood and no fear
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