Bitcoin, governments

[maianh09]

It would be silly for central banks to not be accumulating some Bitcoin just in case. They understand how money works..

The Government as a whole entity may not have invested or investing in Bitcoin secretly BUT believe you men that elite politicians have been in the game for a while now. Using the decentralized nature of Bitcoin to amass wealth and move their cash around as they wish.

Exactly, the government has excellent people, who may be the ones who always give opinions about the bans on Bitcoin but they also own Bitcoins. No fool would ignore the great benefits of Bitcoin because they ever realized that Bitcoin was massive.

[basyang]

It would be silly for central banks to not be accumulating some Bitcoin just in case. They understand how money works..

Personally its hard to say if that is true or not because we do not have any evidence. In my opinion, Government offical can invest in Bitcoin its their choice individually and its okay because just like us they are just curious about Bitcoin. The Government as a whole contrast bitcoin because they make decisions to their country as a whole. Maybe the Government official is also studying or analyze whether bitcoin can really help their country.

[javadsalehi]

Some officials might have invested in bitcoin or other cryptocurrencies with their own risk. But I don't think governments or central banks have invested in bitcoin. There are many legal issues. They don’t make trouble for themselves. It's not as easy as you think.

[VanityWallets2015]

It would be silly for central banks to not be accumulating some Bitcoin just in case. They understand how money works..

There is always a cat and dog fight between the bitcoin regulation and the government as there are many countries who does not want to legalise bitcoin in their nation as bitcoin is usually involve in many illegal activities as like in selling drugs, explosives, money laundering and many more and no country wants to bring any kind of illegal activities in their nation and most importantly the terrorism and this is the main issue between bitcoin and governments and the solution lies in the problem itself as once it will get legalised all over the world then governments will keep eye over bitcoin activities.

[lamthanh3462342]

That is the problem that the government needs to address, learn. When they do not want their rights to be lost, they will block Bitcoin, not accepting Bitcoin as an illegal coin. I think the same as you, if they understand how Bitcoin works, it will grow and will be beneficial.

[Kocret02]

I think the government might be involved in this, this is something that is understood. it is impossible for the government to let it go and not invest in bitcoin. maybe the cause of the current bitcoin price fluctuations is that the government already knows it.

[cizatext]

I don't think the government or the financial institution will want to secretly be investing in bitcoin due to it nature which is on a decentralized platforms without any central control authority and at that the government as a regulatory body will not subscribe to such moves. But I believe if the bank can adopt cryptocurrency and give the professional financial advice to the government on how to adopt cryptocurrency for it own benefit and let bitcoin as the mother coin becomes the sole priority.

[ribowo76]

In my opinion, any central bank will never want to accumulate bitcoin. Because, the nature of bitcoin is decentralized

[mekie]

Central banks won't be but i suspect governments are using bitcoin for all sorts of undercover activities-especially by the various security services. Individual non-central banks may have/take an interest but not at this point to any scale.

[farosa]

I think the government might be involved in this, this is something that is understood. it is impossible for the government to let it go and not invest in bitcoin. maybe the cause of the current bitcoin price fluctuations is that the government already knows it.

They may be the cause of the current situation. They may be whales in the market. They can have an impact on the price by exchanging some currency. Maybe the price increase of last year is due to this so, they have invest a huge sum of money last year to collect them and that led to a price increase and the final sale was the reason for the price decrease.

[recklessMe]

They do understand how it works and they do it. They have right as individuals to buy as much bitcoin as they want, if there is no conflict of interest between their duties and investments. I think a lot of politicians benefit from investing in crypto.

[Omega Weapon]

It would be silly for central banks to not be accumulating some Bitcoin just in case. They understand how money works..

It seems to me they are so conceited that they are not investing in bitcoin as you say, they are trying to regulate it and if they can they will destroy it so they do not want to be holding any of it, they are going to realize too late that bitcoin is not going to disappear and that is going to be one of the main currencies around the world, that is when they're going to try to get bitcoin but at that point people will prefer to use bitcoin for transactions instead of selling it for fiat.

[mutrang23]

It would be silly for central banks to not be accumulating some Bitcoin just in case. They understand how money works..

Governments and banks understand the nature of the Cryptocurrency industry, and they can always say that this is a volatile and risky market that can not last long. But they still invest in this market quietly because no one can give up when it brings too much profit.

[xiboothrezi]

Cryptocurrency does have two sides, there are many benefits that can be obtained and there are some disadvantages that make most countries limit the use of bitcoin. The government must have carried out an investigation regarding this matter, regardless of the way it was done, it is clear that cryptocurrency is very effective.

[Sobocirevo]

Depending on the economic situation and conditions of the countries, Bitcoin and the government will have two paths. Bitcoin will jointly develop the government in a spirit of mutual benefit to the community. Or Bitcoin is prohibited and restricted by i believe the future will answer this story.

Bitcoin in the future is expected to become a digital currency globally so that it can facilitate transactions between regions, between countries and even across continents in just minutes and does not involve banking institutions, because direct transactions are peer to peer. Of course the government and bitcoin will equate perceptions because there is a stigma that bitcoin is a place for money laundering, storage of proceeds of crime that makes many countries unwilling to accept it.

[efxtrader]

I think government not investing in bitcoin. Government budget should be transparant and i am believe government will not speculate with peoples money. But, if that is a bank, i am believe banks investing some of their funds to cryptomarket

[Spokymatrix]

Los gobiernos claudicaran.

[Hasansat]

From my personal opinion, I do not think the government or central bank will be secretly involved with bitcoin. Because , Bitcoin is a decentralized economic system. Bitcoin investment is very difficult and risky. I do not think the government will be involved in such decentralized, difficult and risky investments.

[NoirSuccubus]

 In my opinion, at least 80% of world banks are not having a clue about Bitcoin and they are not in aware of it seriously

[gheawari431]

Depending on the economic situation and conditions of the countries, Bitcoin and the government will have two paths. Bitcoin will jointly develop the government in a spirit of mutual benefit to the community. Or Bitcoin is prohibited and restricted by i believe the future will answer this story.

Many countries don't like bitcoin, even forbid bitcoin to be used in their country. Of course there are many considerations, because the government sees bitcoin from various perspectives. Some countries see bitcoin endangering their country, but there are also countries that see bitcoin as an advanced technology that must be developed in their country. Because there are many interests from the government, bitcoin has finally become a debate between those who agree and those who disagree.