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Author Topic: Bitcoin and Government.  (Read 3303 times)
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November 09, 2017, 03:14:23 PM
 #121

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
 #122

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
 #123

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
 #124

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
 #125

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
 #126

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
 #127

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
 #128

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
 #129


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
 #130

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
 #131

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
 #132

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
 #133

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
 #134

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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queennathalia
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November 10, 2017, 08:26:57 AM
 #135

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
 #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.

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November 10, 2017, 09:05:24 AM
 #137

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
 #138

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
 #139

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
 #140

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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