Bitcoin and Government.

[queennathalia]

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.

[sandwichman1]

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 ...

[queennathalia]

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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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.

[nuela]

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.

[queennathalia]

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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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.

[tailwate07]

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.

[BlackRacerX]

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.

[bce]

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 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

[micheal wang]

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.

[BitHerring]

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)?

[wumBowo]

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

[MWesterweele]

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.

[Miles123]

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.

[Yamifoud]

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.

[Kajevy]

 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

[yfyjgtgui]

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.

[Mikasa77]

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.

[zeaderza]

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.

[julzcoinbit]

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.

[jassanpary]

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.