Government+cryptocurrencies

[perfect999]

Stop relying on your government to do everything for you, stop looking for who to blame and start searching for what to do and coming up with new ideas on how you can succeed and create job opportunities for others in your community.

I don’t have time to be looking up to the government or waiting for them to do things for me or provide jobs, they can never provide or favor the whole citizens, so I stopped relying on them and created my own business. The government for sure, and if you enter there you’re 90% likely to be corrupted. I have seen who start out good and once they get into politics they start playing all those dirty games.

[1715051054]

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[1715051054]

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[1715051054]

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[finaleshot2016]

Stop relying on your government to do everything for you, stop looking for who to blame and start searching for what to do and coming up with new ideas on how you can succeed and create job opportunities for others in your community.

I don’t have time to be looking up to the government or waiting for them to do things for me or provide jobs, they can never provide or favor the whole citizens, so I stopped relying on them and created my own business. The government for sure, and if you enter there you’re 90% likely to be corrupted. I have seen who start out good and once they get into politics they start playing all those dirty games.

Agree on that, we should not always rely on the goverment and always make your own move for your own success. But sometimes, during a pandemic like this, relying on a government is very common because it is a difficult situation that no one can handle it by themselves. We are also paying taxes and we should make it sure that it will benefit the country and helps its citizen to grow.

[bits4books]

I believe that cryptocurrencies should be used as money more often, not only for speculations. To successfully and sustainably launch cryptocurrency projects within society and the state, it is necessary to have a strong economy that is ready for a new principle of monetary circulation. If country have problems with the economy then people will use cryptocurrency to accumulate and make a profit and not just for the sake of paying as usual money. Think about it.

[deisik]

I believe that cryptocurrencies should be used as money more often, not only for speculations. To successfully and sustainably launch cryptocurrency projects within society and the state, it is necessary to have a strong economy that is ready for a new principle of monetary circulation. If country have problems with the economy then people will use cryptocurrency to accumulate and make a profit and not just for the sake of paying as usual money. Think about it

You can't force love

And you can't force people to use Bitcoin as a currency when you can use it as a mighty vehicle for speculation. There's simply no economic incentive why anyone would use crypto for daily needs if they can use fiat instead. Indeed, if they don't have fiat, they would have no other option but spend their coins. But it is rarely the case in real life, and even when it is, you can still live off volatility waves, i.e. sell bitcoins (or whatever) dear and buy them back cheap later, living on the spread

[bits4books]

I believe that cryptocurrencies should be used as money more often, not only for speculations. To successfully and sustainably launch cryptocurrency projects within society and the state, it is necessary to have a strong economy that is ready for a new principle of monetary circulation. If country have problems with the economy then people will use cryptocurrency to accumulate and make a profit and not just for the sake of paying as usual money. Think about it

You can't force love

And you can't force people to use Bitcoin as a currency when you can use it as a mighty vehicle for speculation. There's simply no economic incentive why anyone would use crypto for daily needs if they can use fiat instead. Indeed, if they don't have fiat, they would have no other option but spend their coins. But it is rarely the case in real life, and even when it is, you can still live off volatility waves, i.e. sell bitcoins (or whatever) dear and buy them back cheap later, living on the spread

This is the fundamental problem of the entire cryptocurrency and community. Historically, the tool created as a substitute for money is used simply to make money and to promote the growth of the "Fiat economy". And this makes me laugh every time to read another post about the fact that "cryptocurrency is the future" from a person who (I'm sure) just this morning or before going to bed spent some buying/selling to earn a little more dollars. These people don't care about the "cryptocurrency future". They are only interested in profits simply because they THEMSELVES do not SEE the POINT in using the same eth as a means of payment!
And it hurts me.

[SANihal02]

Cryptocurrency is a popular topic. Not only is this a different monetary policy, but it also frees us from the clutches of the government. This money is completely free from government control and bank charges. It is faster, more secure and can never be stolen or damaged and can be shared in any number. Another advantage of cryptocurrency is that it controls the digital economy with a high level of security. What's more interesting is that there is no need to cheat or cheat in transaction management through this system. Also managing these transactions takes less money than the banking structure or system. In the modern era, cryptocurrency is changing our economic system differently.

[FlightyPouch]

I believe that cryptocurrencies should be used as money more often, not only for speculations. To successfully and sustainably launch cryptocurrency projects within society and the state, it is necessary to have a strong economy that is ready for a new principle of monetary circulation. If country have problems with the economy then people will use cryptocurrency to accumulate and make a profit and not just for the sake of paying as usual money. Think about it.

I also wanted to use bitcoin as a currency and not as an asset but that can't be removed from it because we all grew and knew bitcoin like that. Bitcoin is commonly known as a speculative asset rather than an alternative way to pay. Most of us bought this crypto currency in hope that we will be getting a profit from it and not the convenience from using it.

[Janation]

I believe that cryptocurrencies should be used as money more often, not only for speculations. To successfully and sustainably launch cryptocurrency projects within society and the state, it is necessary to have a strong economy that is ready for a new principle of monetary circulation. If country have problems with the economy then people will use cryptocurrency to accumulate and make a profit and not just for the sake of paying as usual money. Think about it.

I also wanted to use bitcoin as a currency and not as an asset but that can't be removed from it because we all grew and knew bitcoin like that. Bitcoin is commonly known as a speculative asset rather than an alternative way to pay. Most of us bought this crypto currency in hope that we will be getting a profit from it and not the convenience from using it.

But most of us, I know wanted to use Bitcoin as an alternative currency.

Despite the urge to earn from cryptocurrencies, I think people are also wanting to use these to be able to send payments or create transactions almost instantaneously and vey convinient for all of us. Though the adoption is still at its early stage, I know it will happen in the future. This community would grow and the government won't do anything because at that time, it will be unstoppable. They may create their own but I think Bitcoin will still be the most expensive and most popular.

[cosmofly]

For me, cryptocurrencies should not be in our major economy. You're just talking about the benefits of using crypto in people's lives but you didn't know that was the trigger for rebels to rise. As crypto is applied in national finances, money laundering will become easier than ever and economic crimes will become more and more intense. This will result in a government full of corruption and the nation will go wild.

[South Park]

I don’t have time to be looking up to the government or waiting for them to do things for me or provide jobs, they can never provide or favor the whole citizens, so I stopped relying on them and created my own business. The government for sure, and if you enter there you’re 90% likely to be corrupted. I have seen who start out good and once they get into politics they start playing all those dirty games.

This is the right attitude and if the majority of people had it then we will have a smaller government that was responsible with their fiat currency and we will have a stronger economy because of it, unfortunately that is not the world in which we live, as time passed people have become over reliant on the government and instead of trying to solve their problems themselves they ask the government for help and governments are happy to oblige because they know this increases their power over the long term.

[Golftech]

I don’t have time to be looking up to the government or waiting for them to do things for me or provide jobs, they can never provide or favor the whole citizens, so I stopped relying on them and created my own business. The government for sure, and if you enter there you’re 90% likely to be corrupted. I have seen who start out good and once they get into politics they start playing all those dirty games.

This is the right attitude and if the majority of people had it then we will have a smaller government that was responsible with their fiat currency and we will have a stronger economy because of it, unfortunately that is not the world in which we live, as time passed people have become over reliant on the government and instead of trying to solve their problems themselves they ask the government for help and governments are happy to oblige because they know this increases their power over the long term.

That's the problem, it's created a situation where people  gives the political leaders a good chance to stay in power and corrupt the government, people shouldn't be relying that much and they should deal with this situation on their own. If we wanted a good governance we should start governing our own self.

[bits4books]

I believe that cryptocurrencies should be used as money more often, not only for speculations. To successfully and sustainably launch cryptocurrency projects within society and the state, it is necessary to have a strong economy that is ready for a new principle of monetary circulation. If country have problems with the economy then people will use cryptocurrency to accumulate and make a profit and not just for the sake of paying as usual money. Think about it.

I also wanted to use bitcoin as a currency and not as an asset but that can't be removed from it because we all grew and knew bitcoin like that. Bitcoin is commonly known as a speculative asset rather than an alternative way to pay. Most of us bought this crypto currency in hope that we will be getting a profit from it and not the convenience from using it.

Well, that's what I'm talking about! Already once again-people as always showed their true nature. They don't need a revolution they just need more greenbacks and a new iPhone and nothing more.
I think that Satoshi is not happy about it... from all these posts of "btc to the moon" "eternal growth" and so on. He created the future as opposed to the present and got the present without the future

[bits4books]

I believe that cryptocurrencies should be used as money more often, not only for speculations. To successfully and sustainably launch cryptocurrency projects within society and the state, it is necessary to have a strong economy that is ready for a new principle of monetary circulation. If country have problems with the economy then people will use cryptocurrency to accumulate and make a profit and not just for the sake of paying as usual money. Think about it.

I also wanted to use bitcoin as a currency and not as an asset but that can't be removed from it because we all grew and knew bitcoin like that. Bitcoin is commonly known as a speculative asset rather than an alternative way to pay. Most of us bought this crypto currency in hope that we will be getting a profit from it and not the convenience from using it.

But most of us, I know wanted to use Bitcoin as an alternative currency.

Despite the urge to earn from cryptocurrencies, I think people are also wanting to use these to be able to send payments or create transactions almost instantaneously and vey convinient for all of us. Though the adoption is still at its early stage, I know it will happen in the future. This community would grow and the government won't do anything because at that time, it will be unstoppable. They may create their own but I think Bitcoin will still be the most expensive and most popular.

The community you are talking about  was formed only around the cult of eternal growth and cosmic profits from btc and no more. God willing if at least 10% of the community wants and strives to use cryptocurrency as money and not as speculative shit to get even more fiat money. Sometimes I think it's all just a big joke and experiment. to create an alternative for people and come to the point that they don't need it.

[South Park]

I don’t have time to be looking up to the government or waiting for them to do things for me or provide jobs, they can never provide or favor the whole citizens, so I stopped relying on them and created my own business. The government for sure, and if you enter there you’re 90% likely to be corrupted. I have seen who start out good and once they get into politics they start playing all those dirty games.

This is the right attitude and if the majority of people had it then we will have a smaller government that was responsible with their fiat currency and we will have a stronger economy because of it, unfortunately that is not the world in which we live, as time passed people have become over reliant on the government and instead of trying to solve their problems themselves they ask the government for help and governments are happy to oblige because they know this increases their power over the long term.

That's the problem, it's created a situation where people  gives the political leaders a good chance to stay in power and corrupt the government, people shouldn't be relying that much and they should deal with this situation on their own. If we wanted a good governance we should start governing our own self.

Unfortunately this the scenario is getting less and less likely with each passing day, and one of the most important reasons for that is that people have accumulated so much debt over the years that when a financial crisis hits them they lose the small amount of wealth and assets that they accumulated and still owe money to the banks, they in turn try to get help from the governments and they are too happy to help those that they can knowing full well that this will increase the dependence of people in them and then they can pass whatever laws that they want creating a vicious circle.

[naikturun]

they won't help if they don't get the profit otherwise crypto should have been legal.
maybe they are still looking for a way to fully or for the most part be able to manage it somehow.
I know that legalizing the crypto economy might help but it will be difficult because it is against their wishes.

[erikoy]

they won't help if they don't get the profit otherwise crypto should have been legal.
maybe they are still looking for a way to fully or for the most part be able to manage it somehow.
I know that legalizing the crypto economy might help but it will be difficult because it is against their wishes.

Actually government could earn a lot in cryptocurrency but they are afraid.that of this system will.be known in their place other people might consider government to push through with having block chain in their funds. As we all know that most of the politician are corrupt and does not want to get blockchain in their way to do corruption activities. If blockchain will be introduce to the government pretty sure that all transaction will be in public and all things done is subject for scrunltinization and even imprisonment if the government official violates the law specifically it will be a plunder case.

[South Park]

they won't help if they don't get the profit otherwise crypto should have been legal.
maybe they are still looking for a way to fully or for the most part be able to manage it somehow.
I know that legalizing the crypto economy might help but it will be difficult because it is against their wishes.

Governments and cryptocurrencies are natural enemies this is why governments have been so slow to pass regulations on the market and for the most part those regulations go against the spirit behind it, but with the economic crisis being as big as it is now and with great possibilities that it will get even bigger I wonder if they are going to change their opinion about the market of cryptocurrencies and they will legalize it in order to try to raise some taxes out of it.

[iyamoxjhian]

I don't see positive result on this topic in terms of talking about this in my country..because I am seeing it as Government +  cryptocurrencies = Huge percent of taxations and Corruption. .its really depends on the kind of government we have..Unluckily, i think its not gonna give positive answer here in my country..There are so many greedy people sitting in politics that needs to eliminate first.

[hongchao123]

Government will recongnize crypto only if they will fully regulate it. Taxes, kyc, aml, centralization. Do we really want this?

[finaleshot2016]

they won't help if they don't get the profit otherwise crypto should have been legal.
maybe they are still looking for a way to fully or for the most part be able to manage it somehow.
I know that legalizing the crypto economy might help but it will be difficult because it is against their wishes.

Governments and cryptocurrencies are natural enemies this is why governments have been so slow to pass regulations on the market and for the most part those regulations go against the spirit behind it, but with the economic crisis being as big as it is now and with great possibilities that it will get even bigger I wonder if they are going to change their opinion about the market of cryptocurrencies and they will legalize it in order to try to raise some taxes out of it.

Actually it's not, the government is not recommending the use of cryptocurrency on the country but they're using cryptocurrency for economic growth. As far as I know, they're not against on its purpose, the feature of decentralization is what they're against because they will lose the ability to control money. The government is gaining taxes on local platforms and exchanges that are related to cryptocurrency so they're also benefiting from it. Another possible reason why the government doesn't recommend it is that we aren't still ready for making our society as cashless, there are many situations we should prioritize before that.