Negotiation with government

[lamthanh3462342]

This may seem difficult, but convincing governments to make bauxite into a legitimate currency will have a lot of problems in the crypto market. I think people like the anonymity of bitcoin, but when it is recognized by the state, the anonymity no longer exists, the distribution, the effect of the state on the bitcoin, but certainly the bitcoin becomes safe. , more stable.

[yabutzxc]

It's a good idea, but I think it's not an easy problem that can only be done easily, Though itis not totaly legal in some part of the world, the community already accepted bitcoin as a currency which is secondary to fiat money, That all what I think it will happen if the bitcoin will be regulated by the government.

[yurekaa]

we must set an example to the state, how to use bitcoin and explain all the benefits if bitcoin is legalized so that the government can gain knowledge about the benefits and disadvantages of bitcoin. so the government can take policy for the future of the economy.

[lehuyaxib1]

No, Government is selfish

[Maamejane]

That might make government legalize bitcoin, one thing we have to note is that always governments will like to exhibit their supremacy on everything that is found within it territory which is not likely to happen due to the technology backing the system.

[Btcnaivie]

What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.

Definitely I agree with you that we should convince government to make Bitcoin as a legal currency. Bitcoin expert should show their regulations on how to use bitcoin. And show the government that it can't be use into illegal transaction. In that way maybe government can understand how good is bitcoin to be use.

[BoutiqueMT1]

Government will not make it a legal currency but it will remain running because many people are already into this cryptocurrency thing

[jaaeeeyyyy]

What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.

In our country there is no announcement or proclamation that bitcoin is banned here even being legal or a proper currency. I guess bitcoin would not be illegalize as much as it does not affect bad on the country's economic aspects, in fact bitcoin helped our country to economy rise as many of my countrymen invested on bitcoin and gained profit from it from the last year blast.

[gareng1468]

permit on condition and request permission of public use in the community using crypto. the problem is, who will be in charge when the currency crypto colabs. if there a party responsible if cryptocurrency colabs or accountable in every funds transactions, maybe at this time many countries will accept and allow it.

[irenegaming]

Do you really think that the government is going to negotiate with us for a currency that it is decentralized and on which they have no control over. Also if they wanted to tax the crypto transactions than they would have already done so. They would have banned Bitcoin by now if it had been a centralized currency.

[suse100]

Not in every country people can influence the government. I could even say almost nowhere. The task of any government is maximal centralization and regulation

[dimiinx]

Definitely I agree with you that we should convince government to make Bitcoin as a legal currency. Bitcoin expert should show their regulations on how to use bitcoin. And show the government that it can't be use into illegal transaction. In that way maybe government can understand how good is bitcoin to be use.

[stayeduptolate]

What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.

This is a very long procedure when governments will legalise bitcoin and it will get centralised globally and obviously we have to convince every person and most importantly the governments of every nation to legalise it.
And if governments will legalise it they will obviously keep eye over all crypto activities and then they will impose tax over all crypto transactions so all we can do to negotiate with government is that they will not impose such a huge amount over crypto transactions.

[Relax Mama]

Legalising Bitcoin is surely a long procedure. Besides many Government isn't banning Bitcoin just for taxes. Their securities might be an issue. Providing security to an untraceable currency is what worrying the govt. I guess.

[joshy23]

Legalising Bitcoin is surely a long procedure. Besides many Government isn't banning Bitcoin just for taxes. Their securities might be an issue. Providing security to an untraceable currency is what worrying the govt. I guess.

The possibilities of using it for money laundering are really affecting the deciding factor coming from the government, its not always about taxation but because bitcoin was once being tag to illegal activity and the issue of being anonymous not unless people also provide their identity using the KYC and allow the government to have the  copy of their transactions in the daily manners then maybe government will legalized it.

[billknight]

What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.

A lot of people are looking to implement this plan. But the government will certainly not agree to legalization Bitcoin at this time. unless Bitcoin prices become more stable

[vachellie]

What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.

I don't think government not really know bitcoin, obviously they know for sure what bitcoin is that's why they banned it or make some regulations against it. I believe main reason country who banned bitcoin because bitcoin against their rules or maybe because religion or maybe they will get many disadvantage when they make bitcoin legal.

[weiweianll]

With the popularity of the blockchain, the government will change its attitude towards BTC!
Try to use BTC to trade with the government, which will make the government slowly realize the advantages of BTC! Slowly open the BTC transaction!

[angelicbull]

What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.

The government will make bitcoin currency legal if the scam rate is greatly reduce or minimal and the government can see the need for adoption of crypto either now or in the near future.Tax on bitcoins and the vendors that accept bitcoins payment will surely affect the decision of the government in legalizing bitcoin.

[deppil]

What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.

The government will make bitcoin currency legal if the scam rate is greatly reduce or minimal and the government can see the need for adoption of crypto either now or in the near future.Tax on bitcoins and the vendors that accept bitcoins payment will surely affect the decision of the government in legalizing bitcoin.

nope, risk scam will continue to exist, as well as outside of bitcoin investments though fraud in investment will still exist anywhere. I think that will change the rules of government is the pressure of many users. when bitcoin users are getting bigger of course the government will start thinking to legalize