Will bitcoin support by government?

[Arkann]

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.

You are right that the government has no control over Bitcoin. Bitcoin is self-regulated. No one has any control over Bitcoin. So the government does not want to legalize it easily. Even then, some countries have already legalized Bitcoin. I hope the whole world will one day legalize Bitcoin.

If we compare Bitcoin and the dollar, then the government really has huge leverage over the dollar rate and at the same time has the ability to constantly manipulate this currency. Bitcoin is beyond their control. But if you take into account the laws that are adopted by the government to influence the market and restrict the users of cryptocurrencies, then in this matter, not everything is so simple.

[Vx1]

I am sure that one day many governments will support Bitcoin, otherwise Bitcoin will continue to be like this will not develop.  Not all governments today reject Bitcoin, and I actually think that countries that do not accept Bitcoin as a legal means of payment will miss this modern payment technology.  Regarding the threat posed by Bitcoin to the government, I think it is not and there will always be ways to deal with this.

[Ricky]

Bitcoin has been legalized by some governments and by some governments. The government has no control over Bitcoin so the government does not want to legalize it so easily. I believe the whole world will one day legalize Bitcoin.

[Amaraly]

I also really hope that bitcoin will be supported mainly because the price of bitcoin is very good, it will help its buyers to increase profits and develop their country by using profits to invest and consume to increase the economy. for country

[masudginanjar]

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But if Bitcoin is supported for trading by the government then I make sure everything can be dangerous for the assets of everyone in the country.
The logic is that when a rich person in that country buys Bitcoin at a high price then when there is a Bearish he can lose his assets and can blame the government, right?

I don't feel the need for the government to legalize Bitcoin but the government just simply opens the way to exchange for Bitcoin in that country.

[Heron]

Brother Bitcoin is self-regulating it is self-regulating. No government has any control over Bitcoin. So the government does not want to legalize Bitcoin. But again, many countries have legalized Bitcoin. Hopefully the whole world will one day legalize Bitcoin.

[Zero0]

The government does not want to support Bitcoin. Because the government has no control over Bitcoin. Bitcoin is self-regulating it is self-regulating. I believe that in the future the whole world will approve Bitcoin.

[Apower$]

The governments of many countries, including ours, do not want to support Bitcoin.  Because the government has no control over bitcoin.  Bitcoin is self-regulating it is self-regulating.  But currently only a few countries accept Bitcoin as a product or new payment method.  And I believe in the future the whole world will approve of bitcoin.

[Msweet]

This bitcoin does not support the government '.  Because this bitcoin transaction is possible illegally.  Many crimes can be committed through this.  The financial transactions that it has at the time of the crime are not disclosed. Goodbye, all the people who are doing illegal things can easily get through.

[TopT3ns]

if the government wants to do support for bitcoin then that is not a problem and of course it will have a good influence on the price movement of bitcoin, but if the government intervenes to control bitcoin then that will not be possible.

[ranaprime]

As the present condition of the world i think most of the government will approve bitcoin because we know that there are several Institutions or organizations already invest in this platform and many economic organization already involved in this platform due to expend their business as well as to survive. If the government will not support then those organization will not involved in this platform as well. So i think they have to give the permission for their existence.

[kent47400]

There is no way Bitcoin will be supported by the government.
The reason is Bitcoin is stubborn and does not want to be regulated by the government.
No matter how strong if someone is stunned and difficult to control, it will forever be ruffian.

Bitcoin was created decentralized and until whenever Bitcoin will not be supported by the government because the government cannot regulate Bitcoin.

[Fenix]

As the present condition of the world i think most of the government will approve bitcoin because we know that there are several Institutions or organizations already invest in this platform and many economic organization already involved in this platform due to expend their business as well as to survive. If the government will not support then those organization will not involved in this platform as well. So i think they have to give the permission for their existence.

The approval and legalization of bitcoin and other cryptocurrencies is one thing. And support for the development of cryptocurrency is completely different. Many states have already legalized cryptocurrency, that is, established its legal status, conditions and procedure for its circulation in society. However, no state has ever supported and will not support a decentralized cryptocurrency, that is, it will not create preferential conditions and infrastructure for its circulation.
 States are only using blockchain technology to create their national central bank stablecoins. The states, most likely, by means of legal regulation will try to oust cryptocurrency from circulation. Let's see how they succeed.

[Crypto_Somrat]

I think the whole world will one day support Bitcoin, whether the government of any country supports Bitcoin or not. Bitcoin's popularity is growing day by day. The demand for Bitcoin is also increasing day by day. People are interested in digital transactions. And of course cryptocurrency is needed to complete this digital transaction.

[Heron]

The government does not want to support Bitcoin because the government has no control over Bitcoin. Even then, many developed countries began to support Bitcoin. It is hoped that the world will one day support Bitcoin. Bitcoin is the first and foremost cryptocurrency