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GoodLuck2
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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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queennathalia (OP)
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Activity: 434
Merit: 15
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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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KrisAlex18
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March 03, 2018, 02:27:47 AM |
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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. 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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semutracing
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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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Hillthy
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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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SabrinaBianka
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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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pandanpanda
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March 10, 2018, 02:25:24 AM |
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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. 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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guixiam
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March 10, 2018, 03:01:15 AM |
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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. 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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yasong
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March 10, 2018, 03:16:21 AM |
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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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Kaniel-ouots
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March 18, 2018, 06:14:09 AM |
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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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daarul50
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March 18, 2018, 06:35:19 AM |
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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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kimdomingo
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March 18, 2018, 03:47:08 PM |
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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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Cloak1
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March 18, 2018, 05:40:57 PM |
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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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bitstalker23
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March 18, 2018, 07:11:59 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.
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nikola22
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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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Salesman4coinZ
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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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@ophiuchuss13
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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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Cookie Man
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March 18, 2018, 08:29:16 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. 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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AnnaGeraMsk
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March 18, 2018, 08:34:40 PM |
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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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V-t.Ester
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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. 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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