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Author Topic: How are your governments reacting to Bitcoin?  (Read 1521 times)
terbetet
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April 06, 2018, 10:12:10 PM
 #301

Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?
Here in our country, our government are already aware that Bitcoin's existence yields to the lots of users going beyond it because of what it can give and offer though it was not yet widely legalize and used by many people for the reason that only few know how to use it effectively. Although that was the scenario, they do not react negatively because despite of what I have mentioned, they still allow us to effectively use it and do not play as a hindrance for us to work into our job regarding Bitcoin so we can still work normally and use it freely.

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April 07, 2018, 07:21:20 PM
 #302

I think the difficulty is that the government can not just tax cryptocurrencies and that's it. If you want to tax something you must also regulate it in all its aspects, protect the owners and so on.

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thongsbe
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April 07, 2018, 09:06:21 PM
 #303

I haven't got any such news of disturbances in USA. probably they know that people will be mass protesting against the action in this fear
freesia_pnp888
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April 09, 2018, 12:47:45 PM
 #304

they warn people but do nothing about it hahahah
mattmct
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April 09, 2018, 01:11:20 PM
 #305

We have so many issues bordering the government of my country,  there are still trying to bring their people out of recession,  so I think the issue of bitcoin would be the less important thing to them,  they don't even understand how the Blockchain works and they don't care.  Bitcoin business is freely carried out here without questions from any government body as long as you keep paying your task.
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April 09, 2018, 01:13:37 PM
 #306

I am from Jordan , and currently our government is prohibiting using cryptos
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April 09, 2018, 01:13:59 PM
 #307

Our government has several times changed its mind about the regulation of bitcoin and crypt. From the introduction of criminal punishment to their full legalization.

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Harley29
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April 10, 2018, 08:02:25 PM
 #308

they warn people but do nothing about it hahahah
Same here in my country as well government is not against bitcoin so they are not saying it to be ban at all, in my country bitcoin is good to use for a lot of things that we use to do with our regular currency only, for me bitcoin is something really huge and it will be safer and higher in price as much as they are allowing us to use bitcoin, today bitcoin investment is the best way of earning and it is very easy to get money with bitcoin, for it is very sure that soon we will see the bitcoin as legal currency after the very short time of one of two years.
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April 10, 2018, 08:25:08 PM
 #309

until now the government is still being normal no serious handling and I do not question it because for me personally will only waste time and hopefully soon give a good insert into the future even if the government firmly in the face of bitcoin progress and my country's role of government is actually very necessary once as support and power of law.
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April 10, 2018, 09:19:10 PM
 #310

Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?

I am very lucky that i am living in japan today because my country wants to be the number one cryptocurrency holder of the entire nation and they are allowing people to mine coins so we can all earn more wealth easier more than working on the corporate world.
plaintiff77
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April 10, 2018, 09:24:19 PM
 #311

Well at first the government in my country really want bitcoin to end because they hear alot of issue like it is being used by terrorist and druglords in their ilega transactions,however as of now they started to recognize bitcoin maybe because it also helps alot of people to earn and have enough money for their daily needs so it will lessen the poor and unemployed in my country.
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April 10, 2018, 09:51:03 PM
 #312

Bitcoin in my country is in limbo.The government cannot accept it, because it has not decided how to control it (interestingly, they understand that it is impossible?).
Dod Ong
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April 11, 2018, 03:24:53 AM
 #313

Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?

Here in my country, I think the government are against in bitcoin because of the scammers that caught of the police, it is shows on the television the bitcoin scammer here in my country. His modus are in investing, so if you want to invest you need to be careful to trust anyone.
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April 11, 2018, 03:30:00 AM
 #314

Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?

Here in my country, I think the government are against in bitcoin because of the scammers that caught of the police, it is shows on the television the bitcoin scammer here in my country. His modus are in investing, so if you want to invest you need to be careful to trust anyone.
Well, in my country thebitcoin is legal and in fact, the governments and banks are supportthe bitcoin, but still, there are some warning on the bitcoin user becayse now, more of the people have using bitcoi  ti scam others loke a news in my country last night. And luckily, there's no other crime activities that the bitcoin used except in the scamming
SnapDown22
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April 11, 2018, 03:36:07 AM
 #315

Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?
my bitcoin country is still accessible but not yet fully authorized and the government prohibits direct deals with bitcoin because bitcoin is not a legitimate currency in my country
uiyh687
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April 11, 2018, 03:50:14 AM
 #316

Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?
Very similar to your country, the government is worried that people investing in Bitcoin will cause huge losses and constantly remind people to pay attention to risks. I recently saw India's policy I am very worried because it affects the price of Bitcoin and I hope that your country will adopt an active policy on Bitcoin as soon as possible.
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April 11, 2018, 03:51:57 AM
 #317

In my country the government allows bitcoin to operate. Everyone can participate in bitcoin. Students, students can participate in the hold on the bitcoin forum. But the government does not encourage people to use bitcoin. They advise everyone to be cautious when investing in it. I hope in the future the government will support everyone involved in bitcoin.





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April 11, 2018, 03:54:49 AM
 #318

Our government does not prohibit bitcoin but they do not encourage people to use bitcoin. Even on the media they also advise people to be careful before investing in this currency. But I am aware of bitcoin and still decide to invest in bitcoin. This is a way to make my money.
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April 11, 2018, 06:42:09 AM
 #319

Actually Indian government has taken many U turns regarding bitcoin before.I think that they were confused a little bit. At last, banks have started to close accounts which they suspect to have link with bitcoin earrings.
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April 11, 2018, 06:47:15 AM
 #320

there are still many countries from all over the world prohibiting the use of bitcoin including my country, but we are still allowed to invest with risk risk remains a personal responsibility and the government does not give responsibility to someone who lost money when the price drops

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