Negotiation with government

[CryptoCoin8487]

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 that was realy good advice but i think the governments will just start to accept bitcoins in there country if they saw that this currency wont harm there people and if this currency realy help there people i am sure they will accept that for sure.

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[Bitcoin_trader2016]

There is no need to people to negotiate with the government because if the government saw that this bitcoin realy helps there people o think maybe the governments will come and invites there people to use bitcoins.

[swaggerkeme]

All the globe, governments wants to have control over everything in their respective countries. Am sure most governments will subscribe to the use of bitcoin as a legal tender in their country if they are allowed to charge  a  small amount of transaction fees as tax. I don't think the world of crypto with it's decentralized background will support this opinion.

[ugr_erkn92]

I don't think people need to convince governments about bitcoin. As long as we continue to use bitcoins, governments will have to make the necessary arrangements, and legislation on taxes and other matters is the problem of governments.

[aryaadikariyansyahsuwarto]

for tax issues, it does not matter as long as bitcoin becomes legal. but if bitcoin becomes the national currency I think it is impossible, because it must pass through the policies and anturan that exist in every country .. !!

[Phinoy]

About the negotation with the government. There's a rumors that the G20 summit will held a meeting on March 19 and 20. Guess what? A Mega Cycle bull is comfirmed. bitcoin is coming on our way.

It was a brilliant idea that also in negotiation crypto is the best way any easy way to resolved problems when it come to transaction and money as a matter of fact more negotiator and other big company now a day's use bitcoin for exchange or something government problems.

   I like positive predictions, and this one of them. When I think about it
I think why not? G20 is big happening, they need to discuss about crypto-
currencies, it is not big it is huge!
   I never paid attention of big political happenings, but on this one I will.
You made me interested, if they make positive environment for crypto-
currencies that will be a huge for all of us who have some coins! Why not,
there are some smart politicians that see the crypto-future as we do here,
it will be interesting to see what will happen on that summit!  I will be
optimistic about it!

[cryptokia]

If the government will make bitcoin as a form of legal tender, they will absolutely create a division that will mine those bitcoin. A government owned currency should have backed by several coins in order to balance the circulation just like what they are doing in the fiat. But I think that is the main problem why government coundn't recognize bitcoin as a form of legal tender. because they have no control over it, the inflation could happened in that case. Or the hyper price of each coin could be attained which will make new people getting hard to grasp in the crypto world.

I don't believe any government because of corruption inside it. Politics most of all want to sell part of your money in their pockets.

[Falmera]

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.

If the government will see the benefit of bitcoin to the country, then there is no reason crypto currency will not be legalized. I know sooner or later crypto currency will be legal.

[pumbum]

it's not as easy as it sounds. I think many of obtaining the bitcoin seems to be something fantastic and unreal kind. But imagine for a second that you got a salary of $ 100 in bitcoin, and got paid the day it started to fall. We reached the store, and in your wallet there is already$80. How do you like this situation? Therefore, be careful in your desires

[Hasbro27]

it's a good idea, but every state government has a different policy about crypto currency, as in my country bitcoin is not legal, so we still can't use bitcoin for payment, most people in my country only use bitcoin as an investment

[raging-creeper]

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.

Negotiate with the government?  WTF country are you from.  Here we are the government.  We should not have to negotiate anything with them.  They do as the people want or they get tossed out. 

[Blackwhite69]

I don't think people need to convince governments about bitcoin. As long as we continue to use bitcoins, governments will have to make the necessary arrangements, and legislation on taxes and other matters is the problem of governments.

The government also has an important role to play in making Bitcoin more developed in the world because the government holds the rules they will do with Bitcoin later on.

[entrepmind23]

The government also has an important role to play in making Bitcoin more developed in the world because the government holds the rules they will do with Bitcoin later on.

Even if we like government to be out of the picture, we can't still prevent them from getting involved because somehow, we need their cooperation so that people would opt to use cryptocurrency. If they would decide that it would not be good for the people and then ban it, we would be at a disadvantage because we would be having a hard time transacting and be always wary because we might be caught and penalized.

it's a good idea, but every state government has a different policy about crypto currency, as in my country bitcoin is not legal, so we still can't use bitcoin for payment, most people in my country only use bitcoin as an investment

In our country, there is no legal standing of cryptocurrency yet; however, some companies involved in cryptocurrency transactions have been issued licenses and they just issue some guidelines and warnings to people to always be vigilant when it comes to investing so I'm thankful that they are not against it.

[poletando]

maybe it will work, if you suggest government to make a bitcoin is legal in that country, and give them a privileges to see all transaction of the bitcoin holder in that country and obligate all people in that country to pay some income tax for bitcoin, but the second question, how to get all data of bitcoin holder in a country?

[renc77]

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 it would make people be controlled by any leaders. With that, many bitcoin users will complain and will not appreciate this kind of procedure.

However, I believe this regulation of the government will surely become helpful on the society. The taxes that came from bitcoin procedures will help the community about the building of the nation. Thus, the regulation of the government will eliminate cybercrimes in the internet.

Bitcoin considered as one of the representation of innovation in technology. With that, it should be part of the productive and helpful society.

[Masongrae]

It’s hard to convince the government when crypto users are few in the country plus the fact that the volatility of bitcoin is a struggle for many. What i think is possible is to help in peoples’ awareness of bitcoin and crypto to increase the percentage users then later on the country might consider and accept it.

[buivanquan22]

It would not be easy if the government would lose control of the domestic economy. They can think of ways to create their own blockchain-based money for better management

[Ondre]

It is difficult to convince the government of something they cannot control on their own. Bitcoins fluctuating price in the market is simething they will not grab even if you put tax into it. We even struggle sharing cryptocurrency to others how much more a government?

[TheGodFather]

It’s hard to convince the government when crypto users are few in the country plus the fact that the volatility of bitcoin is a struggle for many. What i think is possible is to help in peoples’ awareness of bitcoin and crypto to increase the percentage users then later on the country might consider and accept it.

actually, it is not difficult to convince the government to make negotiation with the bitcoin. in my country, the cryptocurrency are free to move because the banks and government allowed it. but in exchange, the government and the banks put tax in the bitcoin so as they earned and give benefits from each other. it would be a good idea because these two will make advantage in each

[bp.comp69]

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.

it seems difficult to negotiate with the government, many rules