Will bitcoin support by government?

[Darryl Gambet]

Bitcoin is a threat to government because of lacking of authority they cannot control it. The other negative side of bitcoin are can be used in laundering, purchasing in illegal market and etc. I think bitcoin is a threat to the government.

[Quart]

Actually today, there have been several countries that support Bitcoin. Moreover they also allow BTC to be one of the payment methods and transactions in their country. Additionally, some also put it on their belief that BTC and also other cryptos are something real and easy to learn. Now, we are expecting to more price upcoming as the salary and others

[syedrasool2011]

Ya may me you are right but i hard to legal in country but BTC

[Noverteno]

Decentralized cryptocurrency, including bitcoin, will never be supported by states.  They can legalize her walking on their territory by establishing general rules for walking, but they will not actively support her.  States do not need a decentralized cryptocurrency.  Especially after they already have the ability to issue their national digitized currency by central banks.

[Senin]

Decentralized cryptocurrency, including bitcoin, will never be supported by states.  They can legalize her walking on their territory by establishing general rules for walking, but they will not actively support her.  States do not need a decentralized cryptocurrency.  Especially after they already have the ability to issue their national digitized currency by central banks.

I agree that the state will not actively create conditions for the circulation of cryptocurrency, including bitcoin.  Now they will deal with their digitized currencies and establish comfortable conditions for them for walking, which means they will establish stricter rules for walking for a decentralized cryptocurrency.  At the same time, the states do not yet see a threat to the stability of the global financial system from the side of cryptocurrency and therefore have decided to study it and regulate its circulation.

[Sentinel]

Actually it would be great if this bitcoin received approval from the government. Because of course it will make bitcoin holders feel safe. And more confident that this investment in bitcoin is the best. This is why approval from the government I think is important for bitcoin.

[Ace H Knows]

I think it will be hard to predict that the centralized government with supporting the decentralization proponent like Bitcoin because it is decentralized that's why it will be not the same direction, I think they only regulate it but not support it.

[MrSpasybo]

Bitcoin does not belong to the government, it belongs to everyone, so Bitcoin does not need the support of governments either. Currently only a few countries accept BTC as a commodity or new payment method, but in the future it is possible that BTC will reach $1M and become the national reserve asset. Then governments will help promote BTC to protect the value of assets within their budgets.

[flyaccount]

Now that the world of crypto is increasingly developing, the government is also starting to see bitcoin as a good investment. So that maybe someday the government will support bitcoin. Because technology is getting more advanced and developing. So that it is no longer impossible to invest in the online world.

[Fenix]

Bitcoin does not belong to the government, it belongs to everyone, so Bitcoin does not need the support of governments either. Currently only a few countries accept BTC as a commodity or new payment method, but in the future it is possible that BTC will reach $1M and become the national reserve asset. Then governments will help promote BTC to protect the value of assets within their budgets.

You are too optimistic about Bitcoin.  In general, states are not interested in the spread and development of decentralized cryptocurrency.  They will legalize it, but they will not take significant measures to maintain it.  Bitcoin and other cryptocurrencies will not be able to fully develop without legalization by states, since the infrastructure for its mass use as a means of payment will not develop.  Therefore, the cryptocurrency itself is primarily interested in the legalization of cryptocurrency.
  Bitcoin will never be the national reserve currency.  Bitcoin will mostly remain the currency of citizens and some commercial structures, but not states.

[Prime]

There are some countries that really support Bitcoin, but it won't be easy for all countries to support Bitcoin. There are many reasons, one of them is about regulation on the country. Some countries cannot accept Bitcoin because they only use their national currency for payment tool. But for the digital asset, most countries in the world has supported Bitcoin.

[vegasus]

Ys it will. we can find out many rich people enter the forum.  Many more also have requirements and e the choice.
In this case, I believe that BTC will be accepted be the government a hat said by our government. BUt they are still  moment

[debra]

Bitcoin already supported by many countries in the world, even I heard one country in Afrika used Bitcoin to secure their economic crisis. It is very significant use of Bitcoin, and it is very helpful not only for some people but also for all people in a country. Yep, Bitcoin should be supported by the government.

[Cryptoz]

Government cannot control Bitcoin, it is decentralized, even Satoshi don't control the Bitcoin. I think government only needs to support a new revolution in digital asset and currency. It is very helpful for people around the world, so why not support this? It deserves to support and continue to improve more.

[babu10]

Bitcoin is a threat to government because of lacking of authority they cannot control it. The other negative side of bitcoin are can be used in laundering, purchasing in illegal market and etc. I think bitcoin is a threat to the government.

I will say its not threat for government. Actually when it will be globally accepted, there will be world wide regulation body and then government may control market but as present time there is not legal authority from government side so everybody thinking for its threatening. Hope in future there will be strong body about it for control and everywhere BTC will be accepted.

thanks.