Governments and Bitcoin

[CryptoSmile]

If there are too many diction, it will eventually lead to a very conservative and narrow mind. Every individual can do good and can also do bad, every crime occurs because of intentions and opportunities, often we judge things without understanding them thoroughly and always make decisions without learning the source of the problem. I always see something with positive thinking that every government always tries to provide the best for the nation and country, bitcoin is present for a good purpose and gives goodness to everyone, for that when something is not good from bitcoin the government will try to make it more well so that it can be useful for everyone, when there are government regulations that are not right, then the people will fix it. If the government, bitcoin and all of us try to create good and prosperity, then of course we will always spread good and positive news about bitcoin, the state, government and society. It all starts from our mindset and actions first so that positive and good news can manifest in life and make bitcoin always the best.

[OliverDan]

They will spend time drawing money because so many people invest in it. There are too many bitcoin acceptors like the US, Canada, Austria, Sweden and some counties do not support bitcoin like Bangladesh. Some governments do not have any idea in the blockchain system so they always block the new system.

[sinta23]

few have accepted blockchain as a technology in their government, they think something new must be prevented.
but different from Switzerland which fully supports

currently there are still some countries that accept bitcoin, and some of those countries do not approve of bitcoin circulating in their countries, because the government is also wary of the development of bitcoin. karwna until now bitcoin has not increased yet.

[stiffbud]

Because of the wrong use of cryptos government won't allow btc simply. But this thinking will change soon. Cause btc has all the legal paper to run their coin in every country.

Different government have different agenda with bitcoin. Some government like japan, Germany, usa work with various bitcoin projects where as some government like china, Bangladesh, Ecuador are against of bitcoin and ban it in their country for their own reasons. According to Chinese government bitcoin affect their country economy by affecting their country own currency value at international market and also affects their bank profits. And in many country it work as a illegal money transaction tool for various anti social work and because of this many government like Israel ban it in their country

[ChristinBenly]

You must always know that there is always a collision between Govt and btc. This idea needs to be changed. But this thought will soon change. Caution btc has all legal papers to run their coin in every country. That really is a great post. I am happy to say that I agree on this, for bitcoin and decentralized systems there is a good option to achieve.

[KurtEldon]

I realise that there are many anarchist-inclined bitcoin enthusiasts excited about the fact that bitcoin isn't government-run; obviously however we're not all anarchists so just thought I'd try and flesh out the topic of governments and bitcoin from the other angle.  Yay textwall!

It's one thing to be opposed to governments in principle, but especially for people who don't know anyone working in government there's a bit of a tendency to go all crazy around here about what "the government agenda" is or how "the government" will try and automatically repress any new idea.  The truth is that governments are just made up of people.  Forming any kind of cohesive idea amongst government members is a massive job in and of itself, as I well know from my own experience in politics--it's simply not true that there's one big organised conspiracy called "The Government" in any country.  Even flat-out dictatorships have a wider array of differing opinions "within the ranks" than you might think.

Governments and technology have an interesting relationship.  On the one hand members of governments tend to be well-connected, established people with an investment in the status quo.  It also takes a lot of time to succeed in politics at any significant level, which means that many policymakers aren't exactly on the cutting edge of technology.  I won't be so unkind as to call them flat-out dinosaur luddites (or maybe I just did ) but they don't tend to grasp the value and significance of new, disruptive technologies quickly.

On the other hand, I actually know many individuals who work at high levels of government, and a significant portion of them are genuinely trying to improve society's function through their work.  Don't forget that, as amazing as it sounds, a government invented the internet (the american government no less!).  Governments sent humans to space.  Governments even created the first computers!!  The american government created Tor!!!!!!!  -my head just exploded.

Governments are not mindless anti-tech zombies.  When something is really different they often have trouble understanding it.  Like p2p filesharing--they've completely dropped the ball on that one!  And vested interests generally tend to distort and mess things up.  But if the regular actual people who work in governments see a true opportunity for something to benefit everyone, they tend to get just as excited about it as "us" (intended in the most fully ironic sense as if there is some fundamental divide between anyone-who-can-use-bitcoin and anyone-who-works-for-a-government).  At the end of the day, if bitcoin can present a good case for providing real value to interests across the board in an area where other solutions have been sorely lacking, I think a lot of people-in-governments can get on board with that.

But one thing's for certain--if we turn bitcoin (or even the community surrounding it) into a destroy-all-governments, end-of-all-fiat-money, never-pay-taxes-again conspiracy, it will end up on the terrorist watch list before the first report even hits the desk.

tl;dr:Bitcoin is what bitcoin is.  Like the internet, it enables both traditional enterprises and disruptive possibilities.  There's nothing wrong with loving bitcoin because of the latter, but it's worth it to differentiate between your reasons for loving bitcoin and bitcoin itself.  Get excited about the fact that bitcoin could be the first successful non-government-initiated currency!  But don't fall into this trap of thinking that there's some fundamental reason that governments and bitcoin are in a conflict to the death.  I can tell you that any dinosaur worth his salt goes completely glazed over when any such topic comes up.  It's too psychologically complicated at that point in life to actually parry and dissect really different ideas--it's a lot simpler to just shut them out and bitcoin with them.

For any anarchist who faults the state on its use of force, the only fair response is to out-compete it fair and square.  If anarchism is truly better, bitcoin will probably be an important milestone in the path to getting there.  Work hard on it!  Help make it succeed!  But remember that bitcoin is about all of us, not just about those who believe that.  Don't worry though, I still love you even if I think the world isn't ready for anarchism yet .

And for anyone else out there who thinks anarchism leaves something to be desired--stick around!  You're not the only one.  We need you because the way bitcoin actually succeeds is not as some fringe project of the libertarian community (no offense to the hundreds of toes I just stepped on there ) but as a truly world-changing technology that encompasses people from many different points of view.  Bitcoin won't succeed unless non-anarchists accept it and that's pretty much that.

/steps down from soapbox, however briefl

government  think that bitcion is just a scam .its only the work of trading

[rtm125]

The topic of government and bitcoin will always be relevant, because the official state recognition of the cryptocurrency is the biggest problem now. Different countries have different attitudes to the implementation of cryptocurrency on their territory. Many simply do not see a unique convenient currency, but only a potential threat to the economy.

[rindayle]

I think that the government and bitcoin is not cooperating. With mutual work, I think the flow of investment would have increased significantly, since people would have some kind of guarantee. Bitcoin could infiltrate the all vcery large volumes. So we wait.

[Shafiqul Islam]

Governments and bitcoins are opposite term .if governments and bitcoins coordinator then development would be possible.when a government can take a proper step then bitcoins development could possibly otherwise not.

[xbossJ]

Government and Bitcoin! The former is a sworn enemy, the latter ($Bitcoin) has the power to show governments that economies can run without inflation! $Bitcoin has the power to show governments that we can run our accounts transparently without theft and unbalanced account sheets! Trust what the governments think; Because government has remain insincere and corrupt, while impoverishing the people by limiting funds in the hands of a few, in an attempt to keep slaves, Government will never agree with the $Bitcoin ideology. Quite unfortunate. I believe the next economic melt down which I know will happen sooner than expected, will make governments look for a solution! Then $Bitcoin will take its rightful place as an antidote to such problems.

[kirti rana]

I think government and bitcoin is like a two aspects of magnets, The government will never allow it because it is a digital currency and its a higher currency to other currencies.

[joebrook]

I think that the government and bitcoin is not cooperating. With mutual work, I think the flow of investment would have increased significantly, since people would have some kind of guarantee. Bitcoin could infiltrate the all vcery large volumes. So we wait.

It’s a well known fact that governments of any country whether they are a liberal or conservative one, don’t like it when they are not in control of everything that happens in their country but they are also quick to reealize that though they may not be in control of everything if the thing is beneficial to the country they will be willing to okay it for the sake of eveyone and I believe bitcoin falls in this scenario.

[cryptonewsID]

Governments and bitcoins are opposite term .if governments and bitcoins coordinator then development would be possible.when a government can take a proper step then bitcoins development could possibly otherwise not.

indeed very contrary to the government, but if this is very profitable, the government will allow everyone to transact using bitcoin. and the growth of bitcoin will be even greater, because many people use it.

[Gabri]

For any government, bitcoin is a stick in the eye. Money transactions are carried out, huge funds are transferred ( recently there was a transaction for 30,000 bitcoins ) and it can not control it. Therefore, all operations are strictly centralized.

[jobukegoya]

I think government and bitcoin is like a two aspects of magnets, The government will never allow it because it is a digital currency and its a higher currency to other currencies.

Your opinion may be correct, because the government is afraid to allow bitcoin in its country because of several factors such as unpreparedness of regulations for bitcoin, easy to use for money laundering, cannot be intervened so the government does not benefit from taxes.

[Tonnakyray_21]

Governments will accept bitcoin and other cryptocurrencies. They are just trying to find their interest because they are influenced by multinational corporations. In addition, the central bank has a reduced power with blockchain technology.

[walemil]

One cannot say that the government is always doing evil against the people because there are times the government means well. But truly, there are times that the government will appear very selfish in order to protect its belief. That is the situation I often see with cryptocurrency. People love decentralization but some governments want to be in control.

[Marcus yoyo]

Governments will accept bitcoin and other cryptocurrencies. They are just trying to find their interest because they are influenced by multinational corporations. In addition, the central bank has a reduced power with blockchain technology.

What you say is true that sooner or later the government will definitely accept bitcoin technology and crypto currency. As with globalization, my country first rejected globalization but now as time goes on, globalization is also necessary because it also has a positive impact. As well as the internet and other technologies, indeed at the beginning of its appearance often raises the agreed and disagreed but in reality we need it too. I am sure that the government is actually preparing to welcome this crypto currency. Maybe the government needs more time to organize crypto currencies which will later become technologies that will coexist.

[Lilmon]

Yes of course, that's the good thing about bitcoin, which could benefit everyone regardless of whether you like it or not, personally I wouldn't call myself an anarchist, because I believe in institutionality and I think the government usually does more benefit than harm, but I also think they have too much power lately, so it's good to be able to take some power away from them by the best possible means.

[maianh09]

Bitcoin and Cryptocurrency are growing, but they are backed up by terrorist and illegal groups. Governments are worried that this will make the groups challenging to control and that the use of Bitcoin as a form of payment has made everything out of control. That's why Bitcoin is banned continuously from swimming.