Bitcoin Forum
May 30, 2024, 12:30:55 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 [21] 22 23 24 25 26 »
  Print  
Author Topic: What Can Be Done To Make Government Legalize Bitcoin  (Read 3461 times)
BigBos
Sr. Member
****
Offline Offline

Activity: 1890
Merit: 447


View Profile
September 08, 2018, 05:02:37 AM
 #401

I think there is very little we can do about the governments policies concerning crypto, Basically there is nothing the comunity can do a these governments vary in policies, However, i believe if more people are attracted to the crpyto industry and  a large population adopts it, it will force he governments to to re think its policies concerniing Crypto
you are right. if you don't have influence in a country, I will be very difficult. as a good citizen, I think all we need to do is use bitcoin in a good way. maybe the government also saw that it was very good, and would accept it.
Caotodoxunir
Newbie
*
Offline Offline

Activity: 65
Merit: 0


View Profile
September 08, 2018, 08:01:28 AM
 #402

I believe that the government legalizes bitcoins, they need to work out a very clever tax collection strategy, which at the moment does not allow for centralization and overcome the downturn of the economy within the country.
bitterdog
Hero Member
*****
Offline Offline

Activity: 728
Merit: 503


dApps Development Automation Platform


View Profile
September 08, 2018, 08:40:38 AM
 #403

Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.

I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
Honestly in my opinion, theres nothing we can do to make government legalize bitcoin. Because at the end of the day, the only one who have the power to do such a thing as legalizing and accepting is the governments itself. So i think it will be very depending on its own governments authority.


            ▄▄▄▄
        ▄▄████████▄▄
    ▄▄████████████████▄▄
 ▄████████████████████████▄
██████████▀▀███████████████
██████████▄   ▀█████████████
████████████▄   ▀███████████
██████████████▄   ▀█████████
█████████████▀   ▄██████████
███████████▀   ▄████████████
██████████▄  ▄██████████████
███████████████████████████
 ▀████████████████████████▀
    ▀▀████████████████▀▀
        ▀▀████████▀▀
            ▀▀▀

⬢⬢

⬢⬢



       ▄▄▄▄
   ▄▄████████▄▄
▄██████████▀▀▀█▀█▄
██ ▀█████▀     ▀██
██▌   ▀▀▀      ███
███▄           ███
████▀         ████
▀████▄     ▄▄████▀
   ▀▀▄▄▄▄████▀▀
       ▀▀▀▀


██████████████████



       ▄▄▄▄
   ▄▄████████▄▄
▄████████████████▄
██████████▀▀  ▐███
██████▀▀  ▄   ████
███▀   ▄█▀   ▐████
████▄▄█▀     █████
▀█████▌ ▄▄▄ ▐████▀
   ▀▀████████▀▀
       ▀▀▀▀


██████████████████



       ▄▄▄▄
   ▄▄████████▄▄
▄███████▀   ▐████▄
████████  ▄███████
██████      ██████
████████  ████████
████████  ████████
▀███████  ███████▀
   ▀▀████████▀▀
       ▀▀▀▀


██████████████████



       ▄▄▄▄
   ▄▄██▀█▀███▄▄
▄███▀▀▀ ▀ ▀▀█████▄
██████ ████▄ █████
██████ ▀▀▀▀ ▄█████
██████ ▄▄▄▄ ▀█████
██████ ████▀ █████
▀███▄▄▄ ▄ ▄▄█████▀
   ▀▀██▄█▄███▀▀
       ▀▀▀▀


██████████████████
UmitatsuKen
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
September 09, 2018, 08:49:11 AM
 #404

They need to work out a very clever tax collection strategy, which at the moment does not allow for centralization and overcome the downturn of the economy within the country, as the money of citizens will be invested in the block system.
TheClownSong
Sr. Member
****
Offline Offline

Activity: 1428
Merit: 251


solidtradebank.com | 5%-15% Welcome Bonus


View Profile
September 09, 2018, 09:56:56 AM
 #405

Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.

I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.

Bitcoin will not make banks collapse because banks will adapting on cryptocurrency. Most government ban bitcoin and cryptocurrency because government afraid crypto used for illegal activity. Blockchain will never ban by government because its a technology and i am believe if government used blockchain technology, government can make their service more eficient

Qi.Blockchain|The only blockchain the
world will ever need
|Eco-friendly
Decentralized
Secure, Fast
|
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
|
SistaFista
Sr. Member
****
Offline Offline

Activity: 1638
Merit: 251


Hexhash.xyz


View Profile
September 09, 2018, 01:43:57 PM
 #406

Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.

I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.

We cannot do anything about the legalization of bitcoin, it will depends on the regulators of the country.
Maybe cryptocurrency need to stop used as a bad tool, for example to scam peoples, then the government may consider it as a legal currency.

██████████████████████
██████████████████████
██████████████████████
            ████ 
       ████████████
       ████████████
       ████ ████     
       ████ ████     
    ████████████     
    ████████████     
       ████     
██████████████████████
██████████████████████
█▀▀▀











▀▀▀▀
HEXHASH.XYZ
▀▀▀█











▀▀▀▀
█▀▀▀











▀▀▀▀
WEB3 INFRASTRUCTURE TO POWER THE
FUTURE CREDENTIAL DATA NETWORKS
▀▀▀█











▀▀▀▀
█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ █████████████▀█████ ██
██ ███ ▀█████▀      ▀█ ██
██ ███     ▀▀      ▐██ ██
██ ███▌            ███ ██
██ ████▌          ▄███ ██
██ ██████       ▄█████ ██
██ ████▄▄▄▄▄▄▄████████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ████████████▀▀▀████ ██
██ ████████▀▀     ████ ██
██ █████▀    ▄▀  ▐████ ██
██ ██▀     ▄▀    ▐████ ██
██ ████▄▄ █▀     █████ ██
██ ██████ ▄▄█   ▐█████ ██
██ ████████████ ██████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Ezenwanyi
Copper Member
Jr. Member
*
Offline Offline

Activity: 336
Merit: 1


View Profile WWW
September 10, 2018, 03:06:39 PM
 #407

Government legalization of bitcoin will not be that easy,  reason being that bitcoin is a decentralized virtual. So the decentralized structure will pose huge threat to the government legalization.

All the same,  it will be beneficial to everyone should the government succeed in pulling the legalization off.

▀▀    PUBLISHprotocol    [  WHITELIST  ]    ▀▀
The most viable blockchain based media platform
ephelants360
Newbie
*
Offline Offline

Activity: 37
Merit: 0


View Profile
September 10, 2018, 03:10:30 PM
 #408

We suggest to inform our politicians that in a non-suspicious and modern society like de AUSTRALIAN, their Primer Minister supports cryptoeconomy in general, and in special in the BANKING & ENERGY sectors, as he foresees massive oportunities, and more competition, in good 4 consumers
Watch VIDEO of Scott Morrison press attendance last Sept 7th, 2018 - https://[Suspicious link removed]/nvxdn1
regadly
Newbie
*
Offline Offline

Activity: 79
Merit: 0


View Profile
September 10, 2018, 04:22:51 PM
 #409

It seems to me. When in bitcoin will come not individual means but institutional investors. Capitalization and scale will remove all doubts.
Impulseboy
Jr. Member
*
Offline Offline

Activity: 196
Merit: 4


View Profile
September 10, 2018, 04:42:53 PM
 #410

One of the problems is that not every person in a country knows about bitcoin or the blockchain technology so it is tricky to get a country to legalize bitcoin. Also, it will be very hard to legalize bitcoin in third world countries where there are so many poor people and economy, as well as corruptions.
remuy24
Member
**
Offline Offline

Activity: 134
Merit: 10


View Profile
September 10, 2018, 05:07:55 PM
 #411

we already know that the government prohibits the existence of bitcoin, it is difficult if the government wants to legalize bitcoin is indeed the fact that the legality of bitcoin is still questionable. this is only a matter of time until the government legalizes it.

PTON PRE-SALE Live    █████████████      FORESTING     █████████████   PARTICIPATE NOW!
  █████ next-generation social media service based on blockchain technology   ██████
 █ ██ █  ● Twitter ● Facebook ● Youtube ● Telegram [EN] ● Telegram [KOR] ● Medium  █ ██ █ 
ogtejiri
Newbie
*
Offline Offline

Activity: 203
Merit: 0


View Profile WWW
September 10, 2018, 05:30:41 PM
 #412

well it is true that most governments in the world dont want to legalize bitcoin, some even go as far as banning the use of bitcoin in the country, blocking all access to it. but i feel the reason why government has not fully accepted bitcoin to the extent of legalizing it is because there is no regulization in the cryptocurrency world making it easy for price to be manipulated but the truth is if bitcoin price is well regulated, government will legalize it.
MinerFTW
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250



View Profile
September 10, 2018, 05:34:17 PM
 #413

Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.

I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.

In my opinion, the main reason why governments resist the BTC and the other crypto coins is that they have no control over them. The main idea of BTC is to be decentralized, which can not be ruled by governments. And if that changes, then the whole idea of BTC will be defeated.

▄▄▄████████▄▄▄
▄▄██████████████████▄▄
▄████████████████████████▄
▄████████████████████████████▄
███████████████████████  █████
██
▓███████████████  █  ████████████▓
█████████  ██           ██  ███████
▄█████  ████████  ██████  ███████████▄
████████    ████  ██████  ██  ████████
████████████████  ███ ██  ███         
██████     ████     ████████████████
████████████████  ███ ██████   ██     
▀███████    ████  ███████████████████▀
█████  ████████  ████████████  █████
████████  ██      ████████████████
██████████████████████████  ████
▀████████████████████████████▀
▀██████████████████  ████▀
▀▀██████████████████▀▀
 ▀▀▀████████▀▀▀
FRELDO
Token sales
[ WP ]
Ortintin1
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile WWW
September 10, 2018, 05:38:54 PM
 #414

As long as more people continously bliv in bitcoin and trade with, governments will have no choice tgan to accept
Teriyanone
Newbie
*
Offline Offline

Activity: 83
Merit: 0


View Profile
September 11, 2018, 06:48:20 AM
 #415

I think that is an idea that should be come from governments by considering bitcoin and its advantages that can be achieved by allowing it to be legalized inside the country locally but other than that because there is not centralized party to take actions behalf of Bitcoin I don't think anything will happen and some governments have come to a conclusion like above to accept Bitcoin as an international currency so I hope the rest will do the same thing in the future 
Gary Menezes
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
September 11, 2018, 06:53:57 AM
 #416

Governments recognize the importance of Bitcoin and Blockchain technology. However, they still do not accept Bitcoin because they can not control it and it can bring much risk to them.
AAKODI
Jr. Member
*
Offline Offline

Activity: 205
Merit: 1


View Profile
September 12, 2018, 06:17:08 AM
 #417

Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.

I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.

The major problem is no once can directly convinced governments directly because if we go to convince governments about a decentralized asset which has no authority it won't work but we can indirectly do that by making Bitcoin more useful and beneficial for governments and trades through adapting Bitcoin into essential systems that majority of people use daily and in that way governments might change there view towards Bitcoin to gain financial profits for there countries

[ M O B U ] The Investment Bank of the Future
The Security Token Protocol and Licensed Security Token Exchange
https://mobu.io/
dtpman
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
September 12, 2018, 06:19:06 AM
 #418

hope so maybe after some time all country government legalize bitcoin
Vladislav2306
Jr. Member
*
Offline Offline

Activity: 294
Merit: 1


View Profile
September 12, 2018, 06:24:57 AM
 #419

The government is already realised the importance of Bitcoin and Blockchain Technology. They accept Blockchain Technology as something that can be implemented in their world. They probably will do their own currency on this technology rather then accept bitcoin.

<div align="center">
<a href="https://brightnetwork.io">Bright - FINANCIAL SERVICES ON THE BLOCKCHAIN</a>
</div>
MMS2017
Full Member
***
Offline Offline

Activity: 546
Merit: 100



View Profile
September 12, 2018, 07:00:36 AM
 #420

Government is not ready to legalize bitcoin because there is no central department for the controlling of crypto regulations and if we look at the bitcoin it never stable in the whole year and there is not backed by any physical asset so that is the reason which is pointing by Governments.

❰❰❰ GREENPAPER █████   TERRAGREEN   █████  ANN THREAD ❱❱❱
●●● ▬▬ Facebook  ❰❰❰  Blockchain Based Renewable Energy Platform  ❱❱❱  LinkedIn ▬▬ ●●●
Telegram Twitter    ICO Website    Reddit    Medium
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 [21] 22 23 24 25 26 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!