|
gesdan
|
 |
July 24, 2018, 03:06:41 AM |
|
maybe making a regulation for bitcoin user in that country is the best way to makes bitcoin is legal in the country, but there are consequences that your bitcoin activity will get watched and your income in bitcoin will taxed by the government, for me this is okay as long bitcoin is not banned in a country
|
|
|
|
|
senin
|
|
July 24, 2018, 04:13:25 AM |
|
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.
Naive people. Bitcoin is decentralized and is not managed by anyone. Who can speak on behalf of bitcoin in negotiations with the government? Most states believe that bitcoin does not match the signs of currency. Most classify it as a financial asset, others as property (USA) or commodity (India). If people do not pay taxes in case of recognition of bitcoin, say, an asset, then the state with great pleasure will prohibit generally decentralized crypto currency, because as a whole it is not interested in it. States can well manage centralized national types of crypto-currency. |
|
|
|
|
sicnarfwb
Newbie
 Offline
Activity: 116
Merit: 0
|
|
July 24, 2018, 04:50:21 AM |
|
Negotiation with government take time on how to regulate BITCOIN since its decentralized and volatibility, the major problem will be base on how to control cryptocurrency from a network which have many domain that allowing cryptocurrency.
|
|
|
|
|
|
[ProTrader]
|
|
July 24, 2018, 01:25:06 PM |
|
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.
Whether you agree or not to tax cryptocurrency, the government will find a way to tax people who are earning cryptocurrency. The moment you use trading platform, you are already been tax. The trading platform owner don't tell tou but they already add it in their fee. Although it ia not as high as the current tax compared to fiat. |
|
|
|
|
princess22
Newbie
Offline
Activity: 62
Merit: 0
|
|
July 24, 2018, 01:29:33 PM |
|
There are lots of conversation and argumentation be made between the cryptocurrency and the government, so it is not easily in our country to adopt in digital money i think we are not ready in a third world..
|
|
|
|
|
|
kumar jabodah
|
|
July 24, 2018, 04:09:06 PM |
|
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 pressures today the government has a long time yet before it passed. But in the future, the government will also be able to respond to it especially when the people are already aware of the crypto currency. Bitcoin is definitely a currency official and can be used in all of our transactions. That's because many banks have a lot to do. They may lose their client and may even cause their collapse. |
|
|
|
|
korkor
Member
Offline
Activity: 115
Merit: 10
|
|
July 25, 2018, 02:24:45 AM |
|
I believe and think, the main reason why some government doesn't want to accept bitcoin is that of its decentralized nature and the idea that no one is in control of it. Every government wants to control bitcoin but bitcoin was not developed to be a centralized digital currency. If bitcoin was centralized, it would have been legal from the first day it was developed.
|
|
|
|
|
|
Mazda17
|
|
July 25, 2018, 04:38:13 AM |
|
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.
Your thinking is good and needs to be clarified further because what you say makes it difficult for thinkers about bitcoin. I'm sure bitcoin will be launched by the government if bitcoin is taxed on bitcoin income and bitcoin is treated like fiat money or other things then the government makes Bitcoin a legal currency. |
|
|
|
|
|
tamradhwaj
|
|
July 25, 2018, 06:11:35 AM |
|
Cryptocurrency is taking government by a storm. Bitcoin and ICOs specifically. It has got them worried much for example, China banned ICO and crypto exchanges in the nation and South Korea followed the same trend for ICOs there after too while USA is being strict on cryptocurrencies through its regulatory body SEC (Security and Exchange Commission) resulting in Bitfinex (one of the largest crypto exchange) parting from US business.
|
|
|
|
|
kimjongun92
Newbie
Offline
Activity: 32
Merit: 0
|
|
July 25, 2018, 06:16:48 AM |
|
It's useless because the government doesn't want any negotiation, they only want to kill bitcoin as soon as possible
|
|
|
|
|
Menawi12
Member
Offline
Activity: 700
Merit: 10
|
|
July 25, 2018, 07:09:10 AM |
|
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.
Government already pay attention on cryptocurrency market. With growing transaction on crypto market, government must be want to collect taxes. I am believe before 3 years government will regulate cryptocurrency market and make regulation about cryptocurrency if used for payment |
|
|
|
|
bstewart
|
|
July 25, 2018, 07:12:20 AM |
|
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.
Government wouldn't make bitcoin its own currency, that wouldn't make any sense. They would most likely make their own form of cryptocurrency. |
|
|
|
|
cipherb
Newbie
Offline
Activity: 14
Merit: 0
|
|
July 25, 2018, 07:39:32 AM |
|
This is a good idea but if we do this kind of work then this show the weakness of bitcoins. than we need to do one thing only wait for government decision what they do because they can't ban bitcoin because they need to ban first internet so peoples can't access digital currency. if we are ready to give tax on bitcoins than there is no possibility government is thinking same like us because their opinion is different for bitcoin and cryptocurrency.
|
|
|
|
|
svetochka.yakovleva.93
Member
Offline
Activity: 266
Merit: 10
|
|
July 25, 2018, 08:48:27 AM |
|
For the first time I watched as the government of all countries refused to open their doors to the crypto market! now everything is exactly on the turn, very many countries are beginning to legalize the crypto industry in their countries! this is the right step on the part of the government, because this is the future of the whole world economy!
|
|
|
|
|
svetochka.yakovleva.93
Member
Offline
Activity: 266
Merit: 10
|
|
July 25, 2018, 08:51:01 AM |
|
patience is the greatest wealth in a person! we waited a long time! now the market is starting to turn in another direction! in 2018 we will see new price records in the crypto market! bitcoin this year will cost more than 20,000 dollars! the main thing is not to panic and wait!
|
|
|
|
|
Falmera
Jr. Member
Offline
Activity: 280
Merit: 2
|
|
July 25, 2018, 08:52:46 AM |
|
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 think the government will study or maybe they are studying that today. I know they already heared about the crypto currency and the blockchain. The good and the bad side. So maybe they are studying it carefully. |
ORVIUM Open and Transparent Science
『 https://orvium.io/ 』 Powered By Blockchain |
|
|
Ava Duvall
Jr. Member
Offline
Activity: 154
Merit: 1
|
|
July 25, 2018, 09:45:29 AM |
|
It's waste your time to think about negotiation with government because they will never accept bitcoin unless they can control it
some governments want to control bitcoin and overall cryptocurrencies, others don't feel the need to. yes they may put up restrictions but not full control. so its possible to negotiate with the government, it also depends on the country. |
|
|
|
|
|
jaaeeeyyyy
|
|
July 26, 2018, 01:03:34 PM |
|
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.
Actually those countries who accepted bitcoin, they provide or there priority is to put tax on bitcoin. And with these they can earn with bitcoin at the same time is the people or the citizens generating profit with the help of bitcoin. The government or lets say the government who did not like bitcoin only needs to realize what can the bitcoin van offer at the same time the potential the bitcoin has. |
|
|
|
|
|
Ng93
|
|
July 28, 2018, 02:04:32 PM |
|
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.
Even if the state agrees to accept a tax on storage or transactions with cryptocurrencies, it will not be able to completely cut off the movement of offshore accounts that will simply be, but no one will know where they are from. The government cannot radically change the bitcoin model, it can only adapt. |
|
|
|
|
tarpa07
Member
Offline
Activity: 194
Merit: 10
|
|
July 28, 2018, 02:57:55 PM |
|
First of all, almost all government have their some issue about bitcoin. They also afraid of controlling bitcoin. If UN or UB take a step against bitcoin then it can be destroyed. Another fact may be for competition. If bitcoin faces any security issue or make people scam or just go away with taking peoples real currencies then it can be destroyed by another coin.
|
|
|
|
|
|
