Legalizing Bitcoin

[makolz26]

Do you think governments are afraid legalizing bitcoin because it's difficult regulating its use, circulation, determining individual's worth, earnings and may lead to tax evasion?

Probably, because bitcoin and virtual currency are hard to control. Bitcoin exchange rate up and down purely following the market mechanism. The government can not control the exchange rate. The government does not like something that can not be arranged.

I think so. Goverment try to understand how to stop Bitcoin 

In all aspect and as the song was written that it is really honesty is such a lonely work, of course if you have the chance to avoid paying your tax I know that we will all gonna avoid it as we want to see our hard earned money to just put in our bank account and not in other people's bank account. It is really hard to pay the right taxes as well as the to be an honest person.

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[xankor]

Bitcoin can break financial system

[Master Third]

Do you think governments are afraid legalizing bitcoin because it's difficult regulating its use, circulation, determining individual's worth, earnings and may lead to tax evasion?

Yes, I agree that it is hard for the government to legalise  cryprocurrency since its naturality is not advisable to give a fix amount of price for the tax. But I think this hardness can be solve by giving their fully attention to every exchange wallet. If the government can have a control over it then hardness will be solve. While an exchange will the one that take a control to the crypt hodlers, investors and traders. By this there will be a fair and smooth management.

[Biscutard]

Do you think governments are afraid legalizing bitcoin because it's difficult regulating its use, circulation, determining individual's worth, earnings and may lead to tax evasion?

Yes, I agree that it is hard for the government to legalise  cryprocurrency since its naturality is not advisable to give a fix amount of price for the tax. But I think this hardness can be solve by giving their fully attention to every exchange wallet. If the government can have a control over it then hardness will be solve. While an exchange will the one that take a control to the crypt hodlers, investors and traders. By this there will be a fair and smooth management.

I would say that most of the exchanges are under by the government and they implements a rules/law to it to every single person who did exchange any crypto currency to a fiat currency. Most of the government are planning on taking taxes to everyone who did use any exchanges that under them.

[avoxosuccesful]

ligalizing will definitely result to task ivasion.funny enough but for me i don't think they should even look into it,government should be government and bitcoin should be bitcoin.don't nobody looking at each one,i'lll be cool with it that way 

[Quazi1107]

Yeah obviously every government afraid to legalized bitcoin because of regulated its uses.

[batang_bitcoin]

Yeah obviously every government afraid to legalized bitcoin because of regulated its uses.

No, they are not afraid of legalizing bitcoin because of it's regulated use. They are afraid as
- it doesn't require information when transacting
- its irreversible
- it can be use to support illegal activities which is this is the main concern of governments why they are really afraid of it
- its a big threat to the bankers

[Neljose]

Do you think governments are afraid legalizing bitcoin because it's difficult regulating its use, circulation, determining individual's worth, earnings and may lead to tax evasion?

yes exactly.
The countries of the world are so threatened by bitcoin just because they cannot print it out of thin air through inflation. Ridiculous really!

[jmolinass839]

I'm new to bitcoin but it's still plain to see that the government will eventually have no bearing over it. In fact, they never did, just think of all the things people can get their hands on. It's the governments job to regulate and bitcoin practically regulates itself. If said gov't had a lick of sense, they'd embrace the bitcoin revolution.

governments must update themselves and decide if they will regulate the use or not of bitcoin

[KorakPawon]

China is one of the countries that contribute much to bitcoin development in addition to the largest bitcoin mining site and also the country that supplies the world's cheapest bitcoin, but the Chinese state limits its citizens using bitcoin

[marielbeckham]

Some of them are definitelyaraid of this since the BTC still remins banned in many countries.

[MarcelWCrypto]

Of course that every governments are worried that Bitcoin gonna be legalized. After that they will not have control over it  .. just like now.

[jamegen]

Gov't are still working on how they can get there piece in an easy way just like the physical money.  talking about corruption. 

[galaxing]

Do you think governments are afraid legalizing bitcoin because it's difficult regulating its use, circulation, determining individual's worth, earnings and may lead to tax evasion?

I think for countries that have not legalized bitcoin, it is because the government is still considering many risks that will be experienced by the state, such as those used for the transaction of illicit goods, and firearms.
or the use of bitcoin for negative things, such as gambling.
and many other things, why the government still forbids it.

[Tai Chi Chain]

Do you think governments are afraid legalizing bitcoin because it's difficult regulating its use, circulation, determining individual's worth, earnings and may lead to tax evasion?

Bitcoin is perfectly legal. If it wasn't there would be a lot of incarcerated people.

Let's hope it's never made illegal.

[ilakosta]

do you think there are chances that bitcoin will be legalized in Russia?

[Oasisman]

do you think there are chances that bitcoin will be legalized in Russia?

Yes theres still a chance for Russia. I have read an article last week about Russian finance ministry discussing about legalizing the trades and investment of cryptocurrency and its limitations ( It wasnt stated there what kind of limitations would it be.) i guess theyre still voting for the bill to formally legalize Bitcoin in Russia.

[btc.xbt.btc]

Governments are afraid of legalising bitcoin because they are afraid of not being able to retain full control over the cashflow of the country.

[Ovidijus01]

Do you think governments are afraid legalizing bitcoin because it's difficult regulating its use, circulation, determining individual's worth, earnings and may lead to tax evasion?

Bitcoin and other coins with time will become a regular thing, but USA, EU and other countries should discuss to find regulations for their people to protect them of all the scam...

[Palmerson]

Do you think governments are afraid legalizing bitcoin because it's difficult regulating its use, circulation, determining individual's worth, earnings and may lead to tax evasion?

Bitcoin and other coins with time will become a regular thing, but USA, EU and other countries should discuss to find regulations for their people to protect them of all the scam...

I don't believe the government is interested in protecting people from fraud. I am confident that our governments are more pragmatic. They don't want to lose control of the money. Each of us must now have a Bank card. In any coins our account can be blocked. They can check our purchases at any time. We're being watched all the time. This is the main reason for the reluctance to recognize bitcoin.