How big is the role of the government in the development of Bitcoin?

[Octoalts]

In my opinion, the government plays a very important role in the development of Bitcoin in a country. For example, a government announces that it will accept Bitcoin in that country, so I'm sure the development of Bitcoin in that country will be very fast!
What do you think, the Government or the community who play an important role in the development of Bitcoin?!

[Robiul789]

Governments have a great rule in development of bitcoin, firstly they should accept bitcoin as their trading platform with along their banking system.

[alltalk]

For the government who support Bitcoin, it is absolutely very crucial factor to improve Bitcoin. Bitcoin will be accepted for investment or payment tools in most countries in the world. It needs support from most governments from many countries around the world.

[Oduvan]

The state undoubtedly plays a very important role in the development of bitcoin and other cryptocurrencies, but states should be interested in cryptocurrency themselves, and not be forced because of the interest of the population!

[MVT$]

Let's be clear on this, Governments cannot affect the development of Bitcoin but they can influence its adoption. If they can pass friendly regulations, then expect an increase in users.

[sampoerna]

~snip~ Governments cannot affect the development of Bitcoin but they can influence its adoption. If they can pass friendly regulations, then expect an increase in users.

I have a different view. I think government may have big influences on Bitcoin's development. We must know that every news telling us the bans from many governments can reduce significant price of Bitcoin. But if more countries accept Bitcoin, the price of Bitcoin can increase. 

[Nolkupit46]

A government should have a lots of work development the bitcoin. A government should permit bitcoin beside their banking system, then bitcoin would be global acceptance currency.

[Munareal]

Yes, the government of nations has a crucial role in the adaptation and usage of bitcoin globally. Most countries are scared to give it a try because financial control will go out of their hands. It government of nations will accept bitcoin its price will be more stable and other altcoins will do well too.

[Jacky]

I think governments have big roles to develop Bitcoin. Their acceptance for Bitcoin will increase the prices. For example in my country, when there is an issue of prohibition for crypto investment, many people think twice to participate in Bitcoin businesses. But when the prohibition is revised, many people are interested in participating.   

[tsakf]

I think governments have big roles to develop Bitcoin. Their acceptance for Bitcoin will increase the prices. For example in my country, when there is an issue of prohibition for crypto investment, many people think twice to participate in Bitcoin businesses. But when the prohibition is revised, many people are interested in participating.

Yes. and they can do something else too. Crypto friendly regulations, to attract blockchain startups and blockchain companies.

[ZionRTZ]

~snip~ Governments cannot affect the development of Bitcoin but they can influence its adoption. If they can pass friendly regulations, then expect an increase in users.

I have a different view. I think government may have big influences on Bitcoin's development. We must know that every news telling us the bans from many governments can reduce significant price of Bitcoin. But if more countries accept Bitcoin, the price of Bitcoin can increase. 

You are referring to adoption as MVT already said. Government bans only affects the adoption and not the technical developments of Bitcoin. Unless you think development and adoption are the same.

[Alcor]

Of course, states play a very significant role in the development of cryptocurrency. Without legalization of cryptocurrency by the state, it cannot be widely used by business structures and citizens. Without legalization, it is impossible to create the cryptocurrency infrastructure as a payment system; for this to work, the regulatory framework of the state is needed.

[MVT$]

~snip~ Governments cannot affect the development of Bitcoin but they can influence its adoption. If they can pass friendly regulations, then expect an increase in users.

I have a different view. I think government may have big influences on Bitcoin's development. We must know that every news telling us the bans from many governments can reduce significant price of Bitcoin. But if more countries accept Bitcoin, the price of Bitcoin can increase. 

You are referring to adoption as MVT already said. Government bans only affects the adoption and not the technical developments of Bitcoin. Unless you think development and adoption are the same.

I was actually referring to technical developments. Thanks for clarifying.

[tsakf]

Technical developments will enforce the governments to use new technologies. If someone is following the cryptography evolution, will remember, that before 10 years, there were proposals, for governments, to ban cryptography, and classify it as a weapon. Now, the governments, use cryptography for e-signing documents, and securing data uploaded to the tax servers. I think that the same will happen with cryptocurrency, we just have to wait, because the time is not right.

[Seerge]

Yes I agree that the government has a very important role to play in the development of Bitcoin, however the government has a big influence on its people. when the government announces that it will accept Bitcoin, then people in that country will flock to Bitcoin.