2020 the year of Bitcoin technology getting accepted by governments

[USBitcoinServices.Com]

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

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[bitmover]

Is there any reason for such claims or are you just dreaming out loud?

This idea that blockchain is gonna be used everywhere doesn't make much sense.

Blockchain is a slow and expensive database. Unless you have a very specific problem that blockchain will solve, it shouldn't be used. In most cases, blockchain is not applicable to the problem.

I so t think governments are going to use it everywhere to become more transparent.  There are other way to become more transparent,  which are less expensive.

[mk4]

The funny thing though, is that "government" and "transparent" mostly doesn't go well together. If anything, transparency is probably the last thing they had in mind if they were to create their own digital money. Instead, it's most probably for surveillance purposes. You'd be dreaming if you think the government wanted decentralization.

[Polar91]

Government of every country varies, they have rules and regulations that they implement that adheres to their constitution. In terms of mass adoption of blockchain and cyryptocurrwncy, not all government will be readily available to embrace it. Some have their strict economic and financial sectors that mainly restrict the usage of bitcoin and cryptocurrency. One example is the China. We mostly incorporate blockchain to bitcoin though, this will not mean blockchain isn't allowed om China as well. In fact, China is being one of the most blockchhain developing country of today. And with their influence, they could possibly attract other country to develop blockchain technology.

[CryptoBry]

This is just another pipe dream and I am willing to stake my small Bitcoin hoard that this will not be happening soon and not even 10 years from now. We always associate the blockchain technology with transparency (as if human nature can be changed by this technology, which I really doubt) but why would any government adopt something that can exposed it to the people and the media for that matter? It is just not rational, in the first place. Yes, there is a big possibility that governments (or a few of them) may fall in love with the blockchain technology but they are going to adopt it to what they really want and not let the technology be a hindrance to their goals and aims. Plus, without any measurable and clear demand from the people for the blockchain, politicians generally do not really care. Maybe it is time that we set our eyes and mindset that blockchain technology is not a magic potion that can amazingly transform gargantuan things and change the course of actions traditionally set for decades, though of course I believe that it has the potential to contribute making things better and can introduce some changes gradually (hopefully).

[avikz]

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

What's the bottomline?

Blockchain being accepted by governments certainly don't mean that bitcoin will have the same status! Even a lot of countries including China will start their own digital currencies using blockchain. But does that mean, bitcoin will have an impact?

[USBitcoinServices.Com]

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

What's the bottomline?

Blockchain being accepted by governments certainly don't mean that bitcoin will have the same status! Even a lot of countries including China will start their own digital currencies using blockchain. But does that mean, bitcoin will have an impact?

Sure! bitcoin will have an impact, the more people talk and use bitcoin the better future for bitcoin! bitcoin is still in a non-massive adoption yet!


Bottom line is, the more governments use blockchain, the better for btc! BTC is the door of cryptos!

[Youghoor]

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

First and foremost, what do you mean by bitcoin technology ? Are you trying to say blockchain technology? For blockchain technology, the entire world accepts it to be a public ledger for storing and recording data. But to accept the cryptocurrency aspect of this technology, it might take years to get governments to accept cryptocurrency or bitcoin to be precise.

[EdvinZ]

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Why is it that you decided that countries should make their national digital currency on a transparent blockchain? In most states, corruption thrives, which is beneficial to the governments. A transparent blockchain will simply not allow corrupt activities.

[pooya87]

Bottom line is, the more governments use blockchain, the better for btc! BTC is the door of cryptos!

government using blockchain has nothing to do with bitcoin to be better or worse for it. blockchain is the technology and your statement is like saying the more shitcoins are created (that would be using the blockchain technology) it would be better for bitcoin!
not to mention that if government uses blockchain it will be centralized and we only care about decentralized solutions here.

[bounceback]

Bottom line is, the more governments use blockchain, the better for btc! BTC is the door of cryptos!

I don't think so, because if we see now some of their governments are only interested in blockchain technology but they really hate and strictly prohibit bitcoin, like the Chinese government they continue to develop blockchain technology even they want to launch their own cryptocurrrncy with blockchain technology so people people in this country don't use bitcoin anymore.

[Coyster]

If you say 2020 will be the year of the blockchain technology, not that it's correct, but it may just turn out to be true, but that wouldn't then make it bitcoins year. Many governments and businesses would use the bitcoin network this year and will continue to use it, but that wouldn't make them adopt bitcoin as a cryptocurrency for their use

It's also vise versa, my country is developing, but bitcoiners are growing massively here, but other than being used for bitcoin protocols, the blockchain technology isn't used at all.

[joeperry]

The state or the country will not consider cryptocurrency as their currency, I think this is not the year or maybe no year will let the government accept it maybe allowed to use but they wouldn't recommend or promote using it, why?

Because it  can be use to do a money launder, second thing is that they wouldn't get tax from their citizens and last thing on my mind is that the government bank will not allow it to have a decentralized cryptocurrency to invade their country.

[btc78]

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

i love the way you deliver this thread and also the positivity on you but i don't think this will happen this soon mate.

government will always find things that will break the transparency and decentralization of cryptocurrency so there is no way they will accept this claim this soon.

maybe in another years or so let us see but not in this year.

[Yudam]

The funny thing though, is that "government" and "transparent" mostly doesn't go well together. If anything, transparency is probably the last thing they had in mind if they were to create their own digital money. Instead, it's most probably for surveillance purposes. You'd be dreaming if you think the government wanted decentralization.

That's right, I laughed a little about this. if the government really wants to be transparent, isn't it certain that they are adopting crypto and decentralization and maybe even they are developing it themselves for the benefit of the country's finances. but in reality they are even afraid, afraid of the country's finances will be shaken by the influence of bittcoin

[bitgolden]

If you say 2020 will be the year of the blockchain technology, not that it's correct, but it may just turn out to be true, but that wouldn't then make it bitcoins year. Many governments and businesses would use the bitcoin network this year and will continue to use it, but that wouldn't make them adopt bitcoin as a cryptocurrency for their use

It's also vise versa, my country is developing, but bitcoiners are growing massively here, but other than being used for bitcoin protocols, the blockchain technology isn't used at all.

Actually the government might never be interested in bitcoins or any other coin but they might consider using blockchain technology for the betterment of financial transactions. Blockchain itself is decentralized but by making few changes, it could be converted into centralized monetary system which would be used by the governments to set various applications over the network to make the payment methods more stronger and reliable.

Even the governments from various nations might be knowing the power of blockchain but the nature of blockchain being decentralized makes the centralized authorities neglect it. Blockchain might be the most advanced network for monetary regulations.

[keeee]

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Why is it that you decided that countries should make their national digital currency on a transparent blockchain? In most states, corruption thrives, which is beneficial to the governments. A transparent blockchain will simply not allow corrupt activities.

I think this wont really happen.  In fact lot of government in different countries denied accepting bitcoin as a currency because it was s decentralized one which they cant control its value so how you came up with this idea.

[Raflesia]

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Why is it that you decided that countries should make their national digital currency on a transparent blockchain? In most states, corruption thrives, which is beneficial to the governments. A transparent blockchain will simply not allow corrupt activities.

I think this wont really happen.  In fact lot of government in different countries denied accepting bitcoin as a currency because it was s decentralized one which they cant control its value so how you came up with this idea.

Only as a government that accepts bitcoin in its country and even then cannot control the value of bitcoin because it is decentralized so it is difficult to control and the government only legalizes it.
Still, I have read the news that this year many governments will adopt the blockchain but that is not a complete control, but only applying the blockchain system in the government so that it will be widely known and popular again in this year.

[XCANA]

Basically your assumption is base on the current rate at which government of many countries have been involving into the Blockchain in solving so many problems of their dearest country. This actually has nothing to do with Bitcoin per se because, Bitcoin is different from the Blockchain. One could envisage that; the government will like to create their own coins than to dive into Bitcoin.

[Kemarit]

2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

I think you misunderstood everything, BTC ≠ Blockchain technology.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

The best scenario is 2017, we saw lots of negative news, but at the end of the year, we reaches all time high.

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!

Did you just contradict yourself again? You say that it is getting more popular and now your claiming that people don't understand it or the concept of decentralization?