Zainal-baguz
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November 10, 2018, 11:11:59 PM |
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My reason is very simple, bro. because crypto money helps the world community to make transactions easier both domestically and abroad. and can be a reserve currency for the world community
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Harvey-Connan
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November 10, 2018, 11:46:01 PM |
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Bitcoin has a number of features that outperform other currencies so the government should know which one is best for their country.
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andika2018
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November 11, 2018, 01:54:26 AM |
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I am believe government oppose bitcoin because government or central banks can not control the supply. We know that central banks control the money supply by printing paper money from thin air.
If government or central banks oppose bitcoin because used for criminal action like money laundering, we know that banks system is good place to hide the corruption money and laundring it.
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Deborah Christine
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November 11, 2018, 02:42:33 PM |
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Because, 1. bitcoin is a currency that is not regulated by any central bank. 2. bitcoin can be the best investment 3. Because Bitcoin does not have an intermediary, transactions can be done without any limits.
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Dhoe
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November 11, 2018, 02:52:08 PM |
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Because, 1. bitcoin is a currency that is not regulated by any central bank. 2. bitcoin can be the best investment 3. Because Bitcoin does not have an intermediary, transactions can be done without any limits.
Yeah that's right, All would be better if the Government willing to accept Bitcoin/Crypto as official currency in the country. All people will be easy to Transact and save the assets in his possession without any third parties who set it up. |
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CryptoSmile
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November 11, 2018, 03:09:31 PM |
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The government must be able to accept the existence of crypto currencies, because crypto currencies will not harm the government, and the fact that the existence of crypto currencies can help the government in the welfare of its people. Indeed, there are some parts where crypto currencies are considered anonymous and cannot be tracked exactly who they are, so we often hear misuse of currencies such as money laundering and so on. But in my opinion it is not an excuse for the government to reject the presence of crypto currencies, because if the government is serious in supporting the existence of crypto currencies, the government can actually track every crypto currency owner, through transactions or bank accounts that they do through the crypto currency.
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Triwiyono
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November 11, 2018, 03:46:41 PM |
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we take the positive side first, the government accepts crypto, we are also happy because there is support. but if crypto will also be used for corruption because it is transparent, there will be regulations that might create traces of transactions on crypto. I don't know for sure why the government is want to accept crypto, but clearly the government is starting to support Crypto even though it has a different purpose.
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Rena5
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November 11, 2018, 04:11:01 PM |
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Acceptance of bitcoin by the government really takes time and needs a lot thorough studies on government side.Government is after only on the betterment of his countrymen.For sure the government has foreseen the problems that may arise when they allowed cryptocurrency on the future use.
Cryptocurrency has many good attributes.A decentralized currency with high value and a lot of uses.For now,lets just hope that government is making the best for his people
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Agilth@mail.ru
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November 11, 2018, 04:15:07 PM |
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I don't think that government in general needs to accept it. Government will introduce taxes too this sphere and it'll loose all of it charm and advantages
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Agilth@mail.ru
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November 11, 2018, 04:20:01 PM |
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Because, 1. bitcoin is a currency that is not regulated by any central bank. 2. bitcoin can be the best investment 3. Because Bitcoin does not have an intermediary, transactions can be done without any limits.
If the government accept cryptocurrency as official, what will happen if the crises occur? When there is a crises government can influence it to a certain degree through emission. With crypto money it is impossible to regulate |
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kominfo.id
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November 11, 2018, 04:25:28 PM |
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maybe because accepting payments using cryptocurrency crime can be reduced even when doing transactions can create a very high sense of security and very fast delivery.
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MAJICOIN
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November 11, 2018, 04:42:24 PM |
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If bitcoin is a useful currency to every one and it is the beat way to send your funds through out the boarders so governments can use it for payment in different countries and if the government support bitcoin it's value will be ten times stronger than now and i hope that in the near future it's value will be rise but now we are waiting for the news of opening doors to the bitcoin by the Big economies like US and China and it will impact on the whole world.
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Ethan Argu
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November 11, 2018, 11:53:37 PM |
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Goverment is difficult to control crypto it has a record and transparency. It can trace your name and even your transactions. Thats why they will not allowed to regulate any crypto because they hide something for thier own businesses like corrupting.
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thenameisjay
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November 12, 2018, 02:04:07 AM |
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We are led to believe that almost all governments are corrupt and that most officials and even leaders of the world are bought. We saw this for instance with the US elections where rumours are doing the rounds that massive amounts of money were channelled from foreign countries to influence the outcome of the election. This money had to be laundered through shell companies via Banks and complex money laundering systems. All of this leaves paper trails and this can later be followed and investigated to find the true origin of this money. Now think about this, why would "corrupt" governments want to appose Bitcoin and Crypto currencies, if they can use it to hide their "corrupt" practices? Would it not make sense just to allow it and then use it to further their political aspirations? The push back from these corrupt governments does not make any sense. Could it be that they know that Bitcoin and Crypto currencies are not "anonymous" at all and that these transactions can be traced and for this reason they are apposed to it? Curious to know what you are thinking.  I think the government should start accepting bitcoins and other cryptocurrencies because they are pretty helpful when it comes to transferring money from one person to another. The only problem I see why the government didn't gave cryptocurrency a greenlight is that people can use it to launder money. |
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Ronaldcoin2017
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November 12, 2018, 05:16:18 AM |
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We are led to believe that almost all governments are corrupt and that most officials and even leaders of the world are bought. We saw this for instance with the US elections where rumours are doing the rounds that massive amounts of money were channelled from foreign countries to influence the outcome of the election. This money had to be laundered through shell companies via Banks and complex money laundering systems. All of this leaves paper trails and this can later be followed and investigated to find the true origin of this money. Now think about this, why would "corrupt" governments want to appose Bitcoin and Crypto currencies, if they can use it to hide their "corrupt" practices? Would it not make sense just to allow it and then use it to further their political aspirations? The push back from these corrupt governments does not make any sense. Could it be that they know that Bitcoin and Crypto currencies are not "anonymous" at all and that these transactions can be traced and for this reason they are apposed to it? Curious to know what you are thinking. I think the government should start accepting bitcoins and other cryptocurrencies because they are pretty helpful when it comes to transferring money from one person to another. The only problem I see why the government didn't gave cryptocurrency a greenlight is that people can use it to launder money. Well i agree on that, blockchain technology is quit amazing it is really simple to use and it can really help is to some government transaction or payment it can also maybe help to preveent government corfuption and tax stealling the amazing blockchain technology is slowly developing and maybe in the near future it will become more helpful to us. |
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LastHope99
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November 12, 2018, 10:45:24 AM |
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Governments should accept crypto if they want to better control people.
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cancoinl2
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November 12, 2018, 01:11:46 PM |
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There are many benefits government and banks can experience thanks to Bitcoin and blockchain. But there is a difference between governments entering the crypto world and accepting the rules (decentralization, transparency, etc) and governments setting regulations to control crypto. The first option will be benefitial for everyone.
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syntac
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November 12, 2018, 01:20:08 PM |
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from the explanation it was very clear that the country wanted to hide their decay, especially in terms of corruption. whatever happens if bitcoin is bought by a corrupt country ... the world will definitely go crazy. and the majority of the population will do negative or criminal things.
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kelaxo76r
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November 12, 2018, 03:03:28 PM |
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Governments have altogether different needs, and decentralization — a fundamental component of most cryptocurrenices including bitcoin — doesn't tend to be one of them. Indeed, cryptocurrencies could proclaim another period of centralization, offering genuine and serious questions about privacy and the feasibility of true cryptocurrencies like bitcoin.
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ansarose1
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November 12, 2018, 03:10:14 PM |
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This post is good and make sense. Bitcoin must be accepted by the government since it is use as business and investments, i think there is none other than that. I think there is no negative side for the government to use bitcoin aside from the fraud people that are trying to steal, scam, and hack.
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