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Author Topic: Bitcoin and Government.  (Read 3540 times)
Pain Packer
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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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queennathalia (OP)
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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.
Bakemat
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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
BlackPanda
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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.
Phoenixpple
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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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roshanface123
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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.
red123
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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
queennathalia (OP)
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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.
Pinoy 🇵🇭 Telegram 🇵🇭 Group
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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.
zais
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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.
Pinoy 🇵🇭 Telegram 🇵🇭 Group
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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
yusupjatigumilar
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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.
bambazamba
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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.       
Manchumichael
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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.
shohelalam
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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.
Frank0209
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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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