Bitcoin and governments

[cryptorakibul]

Hi btkers , discussion about the relationship between governments and cryptocurrencies.
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?

[lutfor]

I don't think there is any connections. I think before taking any decision every Government need to take more caution. They have to do more research on this matters then they can take any suitable steps. But most of the cases they don't care of this subject.....

[abdmuiz]

crypto (ftp://crypto) will replace the banknote only time will determine

[Gray]

Hi btkers , discussion about the relationship between governments and cryptocurrencies.
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?

people become their own employers when they join the  cryptocurrency business. they use what they earn to create new businesses which consequently provide employment for other people. governments are refusing accept these cryptocurrencies because of they fear that the decentralization will give ordinary people too much power.

[lazygin001]

Because this is a new and unknown terrorist for them, and the fact that they want to control fiat.

[masudginanjar]

in fact the government can justify cryptocurrency but it shows a broad insight into it.
the system used for decades has to be changed with 1 week it's very difficult (maybe)

gradually the government also needs time to study cryptocurrency.

[Cangkirkopi]

Bitcoin and the government are still not synchronized but the important thing is that the government allows and bitcoin if I think it is very helpful for the government for the economy of the community, so there is nothing wrong if bitcoin continues to run

[Doctor]

Hi btkers , discussion about the relationship between governments and cryptocurrencies.
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?

Yes I think Crypto currency can affect countries economy, because crypto is the best payment method.

[bayiajaib]

Hi btkers , discussion about the relationship between governments and cryptocurrencies.
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?

I think every country has national currency, the governent keep their national currency.

[88percent]

Do not know for sure why the government did not endorse crypto currency. In my opinion because crypto is vulnerable to being misused for criminal activities. But we must be honest that crypto can affect the country's economy because crypto is able to alleviate the amount of unemployment in a country.

[mojerjer]

I think government are afraid that Bitcoin will replaced bank notes in the near future that's why the they will not accept Bitcoin but i am seeing some countries now that are slowly accepting Bitcoin in their transaction payments.I hope Bitcoin will ne accepted world wide soon.

[Miftakhul2]

actually the government already wants to allow crypto but security cannot be said 100% safe, only 80% safe So it cannot be fully permitted, even though crypto is very helpful for the community and the impact is positive as I know it like this

[arwani kurama]

maybe the government does not want to show or formalize about the existence of cryptocurency, because this will lead to an unstable state of the economy ..

[212]

Bitcoin is a digital currency that is now very popular. And the relationship with the Government is not good, because the Government does not give permission about using crypto. Many of the things that make the Government did not grant permission. Like a lot of money laundering occurring.

[gribble]

why does the government not support bitcoin because I think the government is only afraid of bitcoin being misused for criminal behavior or the government is afraid bitcoin will replace bank records in the near future. so that's why they don't want to accept bitcoin. but we can see that bitcoin is able to influence the country's economy because bitcoin is able to reduce unemployment and I hope bitcoin can be received throughout the world