Why we have slow steps about convincing governments to accept bitcoin?

[pawanjain]

Big things take time.
It has been a decade already since the launch of bitcoin yet many countries have still not accepted bitcoin.
But did that stop bitcoin from growing more ?
Whether or not Binance is operating from Malta or not is a different thing but the governments will have to deal with the crypto situation some day.
Crypto is here to say and the governments will just have to adjust with it by regulating it.
It will take time but it will happen.

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[Vod]

Big things take time.
It has been a decade already since the launch of bitcoin yet many countries have still not accepted bitcoin.

In 1985, AT&T hired a consulting company to figure out how these new "cell phone thingys" would grow by 2000.

The think tank came back with a figure of 950,000 users.   The real total was 109,000,000.

Bitcoin is not growing as fast as other advancements because the technical hurdle is large.

[Harlot]

~snip~

It could also be that they just didn't give a single shit about the crypto space until now. People always seem to come up with the most ridiculous conspiracy theories, but in most cases, things aren't like that at all.

I don't think that's even a possibility here. Maybe Binance is one of their highest tax paying companies in their country and they seem to don't care about it? These kinds of things really don't fly under the radar not unless they are pretending to do so. There is still really a big chance that as of right now they just want to steer clear away from Binance when it comes some regulatory problems happen in the near future for them that is why they don't want their country's name in association to this company which is crazy to think because instead of protecting their own money making company they want to cleanse their hands away from it.  If things will get worst then this will be a big lost for Malta if they somehow forced Binance to move out from their country to conduct their operations.

[finaleshot2016]

Yes, it's very impossible to happen since the government is very traditional, they can't easily adapt to the changes in our technology.

I really hate the fact that the government has departments that focuses on science and technology but less attention given to it, and more likely they don't want technology advances in the country.

But when it comes to advance in the military, they adapt it really fast. So weird... 

[gundala]

Yes, it's very impossible to happen since the government is very traditional, they can't easily adapt to the changes in our technology.

I really hate the fact that the government has departments that focuses on science and technology but less attention given to it, and more likely they don't want technology advances in the country.

But when it comes to advance in the military, they adapt it really fast. So weird... 

However as good citizens we must follow government regulations. Transparency, which is one of the advantages of cryptocurrency, seems to go backwards with the government, so that makes it quite slow to accept, in my opinion. As long as the government still provides concessions for the use of cryptocurrency as long as it does not interfere with government-controlled economic activities, that alone makes me grateful, at least not completely banned. So we have to really understand the law, which is prohibited and allowed. The government is also open to cryptocurrency because this is an extraordinary technological progress, it's just that most governments are still rethinking the bad side so that some have given certain regulations.

[Tylev]

Probably it's because it's not their focus? Don't expect much on fast acceptance because, I mean why would the government give much attention on cryptocurrency acceptance in their country if they should be promoting their own currency? It's normal for a government to take it slow and in fact we should just be thankful that even if it's a slow progress, they still think of accepting cryptocurrency.

Although it's quite questionable since it's Binance that they didn't authorize but it doesn't mean that Malta isn't really a crypto friendly country just because they didn't authorize them to operate. They still have to consider things and they can't just accept and accept everything related to crypto to say that they are crypto friendly.

There is nothing surprising. Governments may allow cryptocurrency circulation in their country, but they will never actively support it. Now they are massively working on the issue of their national stable coin. They will maintain their stable coins; they simply do not need a decentralized cryptocurrency. Only under the pressure of people can the government make any concessions with respect to decentralized cryptocurrency.

[rodskee]

Probably it's because it's not their focus? Don't expect much on fast acceptance because, I mean why would the government give much attention on cryptocurrency acceptance in their country if they should be promoting their own currency? It's normal for a government to take it slow and in fact we should just be thankful that even if it's a slow progress, they still think of accepting cryptocurrency.

Although it's quite questionable since it's Binance that they didn't authorize but it doesn't mean that Malta isn't really a crypto friendly country just because they didn't authorize them to operate. They still have to consider things and they can't just accept and accept everything related to crypto to say that they are crypto friendly.

There is nothing surprising. Governments may allow cryptocurrency circulation in their country, but they will never actively support it. Now they are massively working on the issue of their national stable coin. They will maintain their stable coins; they simply do not need a decentralized cryptocurrency. Only under the pressure of people can the government make any concessions with respect to decentralized cryptocurrency.

while it is true that there are many countries whos letting people use Bitcoin and other crypto currencies but not giving a open support instead giving advice people how risky investing in here and be always aware of that.
but countries are only afraid of decentralization but i believe that more of them are looking secretly on how crypto may help economy,and sooner might consider adoption.and also we are just 10 years and going so let us not expect that faster outcome ,we need to exceed efforts to help the community and not just looking for profit because in future we are all the one that will benefits from our deeds.

[Ryker1]

Govs are hating crypto in general. They want to control it but they cant. I dont think that this will be changed in near future

Well, a small correction about this. Not all government hate cryptos, other countries they allow people to use crypto or Bitcoin which is very common as of now. The only reason why governments slowly step to convince in adapting crypto because they think that it is perhaps harming the banking financial system and people can make fraud on it and or even money laundering. Indeed, those countries that did not prohibit people to use Bitcoin but it's unclear acceptance. Regulations will make Bitcoin become acceptable to the government.

[ropyu1978]

Why do we have a slow pace of convincing the government in bitcoin .. the answer may be because, they are not crypto friendly yet, it's not their priority after all, that's why they slowed down bitcoin acceptance, we just need to be patient and wait, because I'm sure they are considering the problem. .and I am very sure in the future they will definitely accept it ..