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Why government do not want bitcoin to be legal?
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Topic: Why government do not want bitcoin to be legal? (Read 572 times)
gurang
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Re: Why government do not want bitcoin to be legal?
December 30, 2018, 02:48:16 PM
#41
Quote from: lobster88 on December 29, 2018, 08:39:15 PM
Why governments in most of the countries do not wish bitcoin to be legal?
If bitcoin approve as legal in every country will there be any impact for users?
Because they don't have a trust in bitcoin.Bitcoin is a international work in our world so that we should ask to goverment thag they can legal this.
MTNAX
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Re: Why government do not want bitcoin to be legal?
December 30, 2018, 02:55:19 PM
#42
In my opinion, maybe the government doesn't believe in the benefits of bitcoin and they might think that bitcoin will have a negative impact on them. Maybe they are also afraid that if they accept bitcoin then bitcoin will disrupt the economy in their country.
Amevalentine
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Re: Why government do not want bitcoin to be legal?
December 30, 2018, 03:13:45 PM
#43
Quote from: gurang on December 30, 2018, 02:48:16 PM
Quote from: lobster88 on December 29, 2018, 08:39:15 PM
Why governments in most of the countries do not wish bitcoin to be legal?
If bitcoin approve as legal in every country will there be any impact for users?
Because they don't have a trust in bitcoin.Bitcoin is a international work in our world so that we should ask to goverment thag they can legal this.
I think the government refused because there was no bitcoin licensing in the government and I am bitcoin there is no government finance so it is not good for the government
Dudeperfect
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Re: Why government do not want bitcoin to be legal?
December 30, 2018, 03:17:18 PM
#44
To be honest, every government is greedy for the control and every government wants to control most of the things and aspects of our life. However, the financial aspect is one of the crucial aspects that can control every other factor. The blockchain is something that takes away the power from centralised authorities and distributes it to the users who are actually using it. If it is legalised then it will reduce the control of the government and the government won't allow it easily.
mweezy
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Re: Why government do not want bitcoin to be legal?
December 30, 2018, 06:49:30 PM
#45
It every difficult to Legalized cryptocurrency by government because they think it not legit since they are unable to regulate it, and secondly because they know they can control it if they should legalized it.
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