Bitcoin, governments

[FIREBALL24]

In my opinion governments will not accept bitcoin due to some reasons if they collide i think government would take a risk because lots of wise and bad people wants to entered in this fusion for their own interest and its hard to control by our government in other aspects its so hard to be in digital money using for everyday life than fiat...

[beami]

Government and bitcoin, will it be the opposite?
Even though Bitcoin has benefits that allow people to get benefits easily. People who know about technology and crypto will be easy to get and learn, but the government still has not received it, so it is rather difficult to develop it.

[bitbunnny]

I think that governments and Bitcoin can go together.
At first there was much more issues and governments were not so keen to recgonize and accept Bitcoin but things are changing. We see more and more positive regulation and more positive attitude towards Bitcoin and other cryptocurrencies. With time situation will even improve because more and more governments are aware they have to accept Bitcoin in some way and they are also aware they can have use of it.

[MAJICOIN]

instead of using macro factors we should focus on other things like bitcoin trading and bitcoin investment because these are the things where we can do something and crypto is important for all so if we focus on these things then it is beneficial for us and crypto is good to work for it and international services can be hired through crypto payment.

[Addywealth]

To me I don't see government investing in what they don't believe. They might invest in it secretly to crash the system which I believe they are part of the reasons for the downturn of the price of the bitcoin.

[btcmegastar]

Government will approve only when the find any thing positive about the Bitcoin, recently many big companies are applying for Bitcoin ETF and this makes us many companies are showing interest towards Bitcoin. May many big companies will force the government to accept the Bitcoin ETF proposal.

[samsul1234]

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

maybe now they don't really respond to bitcoin movements, maybe next year or maybe next year they will know bitcoin and how bitcoin works

[cfif123]

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

maybe now they don't really respond to bitcoin movements, maybe next year or maybe next year they will know bitcoin and how bitcoin works

true even though the government has not responded to bitcoin right now, one day the government will certainly respond to bitcoin well because bitcoin is a very good and profitable asset

[armarsterling7]

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

In my country, people working in government organizations have a lot of Bitcoin in their hands. They just hide it and do not let the press release such news. Power and money can always manipulate the market to make more money. We are too naive to know the real potential of today's government!

[Tnt1971]

Now a days governments in many countries accept bitcoin as their national assets ,only developed, developing countries government can friendly behaves with bitcoins.some governments totally don't permit bitcoins as their asset .

[jake zyrus]

it would be silly but i think some of the state are investing bitcoin secretly. bitcoin are open to all the community who want to use and invest.

Right, bitcoin are open to all wanted to invest. Yes  some state or country they joining secretly and they hide their identities for there confidential reason, we know joining in investing in cryptocurrency are guaranteed to become successful. Maybe this is one reason that's why some governments joined in investing in cryptocurrency.

[mdzahed134]

Secretly there are a lot of big whales they always dominated the market from behind the scenes playing games in cryptocurrencies platform. Also government and others many rich people involvement in crypto i think. We don't know who using this platform as a targeted for money laundering acts.    

[electron-coin]

I'm sure of it. Governments are well aware of what bitcoin is and what value it carries in it, so it would be foolish not to accumulate it. Of course there is a chance that governments will eventually create their own crypto currency, state. But they will accumulate Bitcoin too.

[IndigoRed]

I don’t think they’d be investing. Perhaps, only studying it closely or finding ways to adopt blockchain tech. All I know is, there is no way they could completely refuse a technology that is beneficial to society. Right?

[Farahtenan]

I don’t think they’d be investing. Perhaps, only studying it closely or finding ways to adopt blockchain tech. All I know is, there is no way they could completely refuse a technology that is beneficial to society. Right?

I thought so too, there was no way they would refuse technology only that they still needed time to learn all this. The global market is already running, but it seems they are not ready with this technology, so they still have to think back to the good and bad effects if bitcoin is a digital transaction. They still need one belief about bitcoin and crypto so that they can be the best investment.

[wahyu wida]

I'm sure of it. Governments are well aware of what bitcoin is and what value it carries in it, so it would be foolish not to accumulate it. Of course there is a chance that governments will eventually create their own crypto currency, state. But they will accumulate Bitcoin too.

of course direction of my government is sure that too. only this is maybe government still has many obstacles to implementing a policy about bitcoin. hopefully soon they realize and allow it

[rtm125]

It is possible that one of the politicians really has an investment in bitcoin. For example, I heard that the President of my country has a very large number of bitcoins. It's great that the authorities still understand the importance and prospects of bitcoin, but for some unknown reason they keep silent about it.

[Pattart]

on a personal note, i do not think governments invest in bitcoins secretly because it's a decentralized peer to peer transaction with no central authority and also it can affect the country's fiscal policy, business and also help to facilitate crime rates.

it's a funny thing if you think the government is investing in bitcoin in secret, what is the purpose of the government to invest in bitcoin and who is responsible for the risks involved? if the logic is not done by the government, after all bitcoin is a threat to them, and they will not empower bitcoin..

[Sandus_Cryptolover]

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.

[petermike]

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.