Government on legalising bitcoins

[Hannahanto]

The government on some countries would legalize bitcoin and others are afraid to accept. The main reason for not legalizing bitcoin is if it enters it will dominate the local currency. There is no value for fiat, and at the same time tax problem. Because people using bitcoin is no need to pay tax. This is another major drawback to the economy of the country. If country will accept the bitcoin it will give more revenue. Soon bitcoin will be accepted by other countries also.

[stomachgrowls]

I believe that the government should be made legal on Bitcoin because it can be a huge revenue gauge of the government and it can develop many improvements in our country.

Bitcoin legalization may take time in some countries with strict laws and unaccomodating leaders. They are the one who are used to a centralized government and everything in their country is almost under their control. Bitcoin, a decentralized virtual currency will be having a hard time to enter in such country unless they can control it. Other countries are planning to create a regulation to control the flow of bitcoin in their area before allowing it to use by their citizens.

Not totally to control bitcoin but rather it do make regulations when it comes to services that it uses or involved. We know that bitcoin cant really be controlled when it comes to technical which this is one or main reason why government on some countries wont easily consider on accepting it because of such feature. Uncontrollable and anonymous stuff.This is why they do come to a point where they do end up on accepting it and do only get taxes into those things which do make btc transactions.

[Eleven86]

Once the government accepts bitcoin the economic growth of the country will more. The revenue come from bitcoin will be more than revenue come from local fiat. The turn over of the country will be high when compared to local currency. Bitcoin legalization takes in some countries and if they run it successfully means other countries also consider to accept bitcoin. Lets us wait and see whats going to happen.

[Oasisman]

I believe that the government should be made legal on Bitcoin because it can be a huge revenue gauge of the government and it can develop many improvements in our country.

Bitcoin legalization may take time in some countries with strict laws and unaccomodating leaders. They are the one who are used to a centralized government and everything in their country is almost under their control. Bitcoin, a decentralized virtual currency will be having a hard time to enter in such country unless they can control it. Other countries are planning to create a regulation to control the flow of bitcoin in their area before allowing it to use by their citizens.

Not totally to control bitcoin but rather it do make regulations when it comes to services that it uses or involved. We know that bitcoin cant really be controlled when it comes to technical which this is one or main reason why government on some countries wont easily consider on accepting it because of such feature. Uncontrollable and anonymous stuff.This is why they do come to a point where they do end up on accepting it and do only get taxes into those things which do make btc transactions.

Thats the least the goverment could do to legalize Bitcoin, putting taxes in a specific coutry's local exchanges. With every purchase or selling there is a certain percentage to be taken as a tax excluding the transaction fees. Its also a way of regulating Bitcoin. Regulations isnt bad at all for it will protect investors from harmful scammers and other theft related activities.

[Blondy12]

I strongly think that government should legalise bitcoin, because it may become a great revenue source for the goverment by imposing taxes of more than 30% and it can develop our country in so many ways.

I guess it is not easy for the government to decide if they going to allow bitcoin in an instant. Ofcourse there are lot of factors to be considered first before hand. Like the bad and good effects of bitcoin in the economy and for the people itself. And so as the acceptance of bitcoin as a whole. There are still lots of people who does not yet know the existence of bitcoin. Government cannot accept and legalize a currency which there are people who are ignorant about it because in the end the goverment are the one to be blame of.

[Greenkarki]

If bitcoin is legalized by governments then the economic growth of that particular country will be tremendous. It happens in one country automatically it will give massive changes to other countries as well. Lots of good will certainly haooen especially to their citizens as well.

[Magic Sarap]

I strongly think that government should legalise bitcoin, because it may become a great revenue source for the goverment by imposing taxes of more than 30% and it can develop our country in so many ways.

Yeah if the government legalise bitcoin it can help to become strong and rich the country yet it will make to persuade the other country to accept bitcoin too.

[richardsNY]

Government cannot accept and legalize a currency which there are people who are ignorant about it because in the end the goverment are the one to be blame of.

It doesn't really depend on that. Since when have governments done anything for their people instead for forcing their people do to something for them? The main concern for the government is that they aren't capable of catching up on everything related to crypto with how fast it keeps growing. By the time they have come up and agreed to force through regulations, they are somewhat forced to review their regulations with how the market yet again moved to the next level. The main point of importance is that with how the ecosystem around crypto keeps growing, new platforms and products emerge, which all requires new regulations to cover them. It's basically an endless cycle.

[cryptorocket84]

I think the best thing that can happen to any Government is to legalize Bitcoin, the people have chains of income, when this is done the Government can now place tax on  the users of bitcoin, believe me  you they will pay any tax exacted on them as long as they don't have fear in doing their business.

[NavishaKhairin]

I think the best thing that can happen to any Government is to legalize Bitcoin, the people have chains of income, when this is done the Government can now place tax on  the users of bitcoin, believe me  you they will pay any tax exacted on them as long as they don't have fear in doing their business.

I think the best thing that can happen to the Government is to legalize Bitcoin, but the Government apparently in legalize bitcoinagak is difficult, even now a lot of information is dropping about bitcoint

[maarx]

I hope this will happen in future not immediately, it takes time to understand the whole concept of blockchain technology. It is difficult to understand immediately. But in future surely it happens. The main reason that government afraid to accept bitcoin is it will dominate the local currency. Slowly slowly it will disappear the local fiat. But government dont know if it accepts the economic growth of the country is rich. If it happens in one country automatically the revolution takes place in other country also.

[LadyCoin]

I strongly think that government should legalise bitcoin, because it may become a great revenue source for the goverment by imposing taxes of more than 30% and it can develop our country in so many ways.

Agrees with you, Bitcoin becomes a promising investment ground. Many people are in droves to buy bitcoin for sale again when the price is soaring. If only a country legalized and taxed the transaction from the bitcoin investment then it would be a very beneficial asset for the country itself.

[jonaire99]

Before legalizing and taxing bitcoin, some governments may going to find effective ways on regulating cryptocurrency exchanges and create a modern monitoring and tracking system for individual or group that uses bitcoin illegally. They also have to find some solutions on dealing with bitcoin's volatility, ralid fluctuation, high trabsaction fees and others.

[Risktaker31]

I've seen some article regarding John McAfee planing on making a Political party on 2020 American Election. I don't know if its true or not. He's aiming to create a Politcal Party that will support the cryptocurrency community. Lets wait and see if they will continue to create a party and walk our crypto community and bitcoin/altcoin will be legalized later 2020.

[JEFF001]

yes i agree with you because Crypto is the future of financial life,

[maarx]

I strongly think that government should legalise bitcoin, because it may become a great revenue source for the goverment by imposing taxes of more than 30% and it can develop our country in so many ways.

Though there may be reasons for government not legalising bitcoin, it's suggested to adapt or legalise it as the government economy would enhance which will support the growth of citizens and etc. We can see the development of the countries who accepted bitcoin. They even started creating their own crypto currencies on developing the projects supports the countries. The wealth standard would grow certainly when bitcoin is adapted.

[Hannahanto]

Bitcoin is legalized by the government it will enrich the economic growth of the country. Main reason that government not accepting bitcoin is it would dominate the local currency. The benefits of bitcoin is very high when compare to local fiat. People are invest only in bitcoin not in local currency. This would affect the revenue of the country. Now many countries accept bitcoin in their country and some country ready to launch its own cryptocurrency. But in future hope all the countries accept bitcoin.
 

[Ela-ua]

B Poccии paccмaтpивaют вoзмoжнocть лeгaлизoвaть в 2018 гoдy oпepaции c биткoинaми и дpyгoй кpиптoвaлютoй в paмкax бopьбы c нeзaкoнными дeнeжными пepeвoдaми.

Oб этoм в aпpeлe cooбщил зaмecтитeль миниcтpa финaнcoв PФ Aлeкceй Moиceeв.

«Гocyдapcтвo дoлжнo знaть кaждoгo yчacтникa финaнcoвoй oпepaции, — oтмeтил oн. — Ecли этo cдeлкa, тo лицaм, пpинимaющим в нeй нeпocpeдcтвeннoe yчacтиe, нeoбxoдимo пoнимaть, y кoгo oни пoкyпaют и кoмy oни пpoдaют, кaк этo пpoиcxoдит пpи бaнкoвcкиx oпepaцияx».

B нaчaлe фeвpaля зaмпpeдceдaтeля ЦБ PФ Oльгa Cкopoбoгaтoвa oтмeтилa, чтo Бaнк Poccии и Mинфин в cepeдинe гoдa выйдyт c пpeдлoжeниeм пo peгyлиpoвaнию кpиптoвaлюты в Poccии. Oнa тaкжe дoбaвилa, чтo ceйчac oпepaции c кpиптoвaлютaми в cтpaнe минимaльны, cooбщaeт TACC co ccылкoй нa Bloomberg.

[boblets243]

I strongly think that government should legalise bitcoin, because it may become a great revenue source for the goverment by imposing taxes of more than 30% and it can develop our country in so many ways.

I think it will not be easy to some of the countries to legalize Bitcoin. Especially for the countries who believes in their current system and don’t want to adopt change. But I still agree that legalizing Bitcoin will improve the economic growth of a certain country. Especially those countries who have a high percentage of poor people. Bitcoin will be a great help to uplift their financial needs.

[Ela-ua]

Pyкoвoдитeль Цeнтpa экoнoмичecкиx иccлeдoвaний Инcтитyтa глoбaлизaции и coциaльныx движeний Bacилий Кoлтaшoв cчитaeт, чтo плaны пo лeгaлизaции биткoинoв cвязaны c yкpeплeниeм pyбля, пepeдaeт Haциoнaльнaя cлyжбa нoвocтeй (HCH).

B Япoнии c 1 aпpeля вcтyпил в cилy зaкoнoпpoeкт, нaдeляющий биткoины и дpyгиe кpиптoвaлюты cтaтycoм плaтeжныx cpeдcтв. C 7 aпpeля oдин из кpyпнeйшиx ceтeвыx мaгaзинoв элeктpoники в cтpaнe — Big Camera — нaчaл пpинимaть к oплaтe биткoины.

Paнee poccийcкий Mинфин лoббиpoвaл зaкoнoпpoeкт o зaпpeтe oбмeнa кpиптoвaлют нa pyбли. B мapтe 2016 гoдa миниcтepcтвo пpиcтyпилo к пoдгoтoвкe зaкoнoпpoeктa o ввeдeнии yгoлoвнoй oтвeтcтвeннocти зa oпepaции c биткoинaми и дpyгими кpиптoвaлютaми. Пoзднee paзpaбoткa дoкyмeнтa былa пpиocтaнoвлeнa.

Биткoин — oднa из caмыx извecтныx кpиптoвaлют, oнa coздaнa нa бaзe блoкчeйнa. Блoкчeйн (oт aнглийcкoгo blockchain — блoчнaя цeпь) — тexнoлoгия pacпpeдeлeнныx бaз дaнныx, ocнoвaннaя нa пocтoяннo пpoдлeвaeмoй цeпoчкe зaпиceй. Oнa ycтoйчивa к фaльcификaции, пepecмoтpy, взлoмy и кpaжe инфopмaции.