Government on legalising bitcoins

[Claudyah]

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.

yes, the government must now be able to adopt cryptocurrency and legalize it because the income from bitcoin is very helpful for the economy and build the development in the country, then they must improve the technology and regulations to be able to apply the tax on every sale and purchase transaction or trade when the profits of the country can be taken from there

[CryptoMoar]

It is true. in fact the government is difficult to legalize bitcoin to become a usable digital currency and make bitcoin a source of state tax revenue. the decentralized nature of bitcoin makes governments afraid to take policy.

[jbfkasfaiew]

I would like to, because some countries are trying to legalize bitcoin by creating electronic money. But many countries fear bitcoin as a concern, they see bitcoin as gambling.

[jack8989]

I would like to, because some countries are trying to legalize bitcoin by creating electronic money. But many countries fear bitcoin as a concern, they see bitcoin as gambling.

I do not think the countries that are banned from Bitcoin think that Bitcoin is gambling. In fact, they think Bitcoin is volatile, and they can lose their national assets at any time. They also think Bitcoin is a big threat to them

[Greed Dev]

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.

If the government accepts Bitcoin and imposes a 30% tax on Bitcoin, I will also be happy and pay taxes to the government. I will be allowed to buy and sell Bitcoin publicly, and Bitcoin will be used in public places

[soname12]

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.

The government's legalization of Bitcoin is a great thing for those who are investing in Bitcoin. But with 30% tax, I think it is a huge tax for every Bitcoin transaction. The government should only receive 3% on each transaction

[safarwe]

I don't think that. The government legalization BTC, the number of transactions will gradually decrease. The majority of countries see BTC as a gambling problem.

[Alter28]

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.

But the government will never be able to legalize Bitcoin in the short term. We should give the government more time to learn about Bitcoin and cryptocurrency. After they reach Bitcoin and understand it better. Surely they will accept Bitcoin

[klgeroghei]

Bitcoin has been considered a payment currency in some countries like Japan, USA but at a limited level. In the future may be more popular. If Bitcoin and virtual currency are the means of payment of goods, it is only the first step. Viewing Bitcoins and virtual currencies as a payment method is inevitable

[jaocoincrypto18]

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.

Indeed! in which there are lot of benefits the a certain government can get if they legalize Bitcoin in earning thru Bitcoin tax is surely a big help. The other wonderful benefit is to reduce the unemployment which is the most common problem of every nation that if unemployment will be reduce then for sure the purchasing power of the people will going to increase making their economy to become more strong and stable.

[rosymadaan7]

There are many countries who already declared bitcoin s legal.  And some countries are planning to do this  legal.
Because it can increase the income of government . When bitcoins will be legal in Any country government can impose taxes on that income  . It will definitely increase the income of government. And scope of bitcoins is very  high

[Oliveir]

If in the future Bitcoin is approves to be the same like dollar or any fiat with Bitcoin wallet protected and run by the government, then I am willing to comply with the KYC.

[Girlsbit]

I do not think that this is a good idea.  If the government will at least somehow influence the currency, it will not be the one that invented it.

[Capt00]

Legalising bitcoin now from the government is now gonna happen but not directly to the bitcoin, it is to us as a user they having regulations implemented by paying tax and so on. Time to time whether we like it or not bitcoin will formally be legalized in all the countries.
As of now, we experienced already a having filled by KYC so, what's next?

[Yurkov]

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.

That is true but we need to still wait for moves like that, goverments need to get lot of knowledge before they "change" the law so it could take even some years, being patient now is the only key.

[cryptocity90]

Exactly. Their economic growth would seriously be booming if they do legalise.It is true. in fact the government is difficult to legalize bitcoin to become a usable digital currency and make bitcoin a source of state tax revenue.

[Panetymerni]

Goverments should legalize Bitcoin as soon as possible. Having it banned won't make people stop using them.

[SventraPapere]

Support.The ligation of the cryptocurrency and its use as a financial instrument could greatly expand the Spector of economic opportunities of the state.In particular, to get rid of the already very boring binding to the us dollar.It creates a number of inconveniences and unnecessary costs in completely different growths.Blockchain technology and bitcoin in particular helped with the solution of all these issues.Not to mention that he could in addition to reducing costs and still greatly increase profits.

[BTCGOLD]

Goverments should legalize Bitcoin as soon as possible. Having it banned won't make people stop using them.

For me the last part of your statement is very true cause for me goverment could even take something for themselves if they will see possibilities connected to crypto for their country.

[LordShanken]

I would like to, because some countries are trying to legalize bitcoin by creating electronic money. But many countries fear bitcoin as a concern, they see bitcoin as gambling.

What we wouldn't say this time is definitely closer to make things like that than in some months ago in past, we just need to wait some more time till one of the countries will show to others that this move could be done and there is nothing to be scared of.