Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: sergio444 on March 29, 2018, 08:54:31 PM
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From the recent issues of threats being imposed by the governments on Bitcoin, do you think the governments will ever buy into the idea of Bitcoin and cease the threats?
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In no time government will buy into the ideas of BLOCKCHAIN.
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it seems not so easy for governments to side with the idea, but with time, they will surely understand how valuable it bitcoin is.
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From the recent issues of threats being imposed by the governments on Bitcoin, do you think the governments will ever buy into the idea of Bitcoin and cease the threats?
As of now maybe they wont, but in the near future they might do it.
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From the recent issues of threats being imposed by the governments on Bitcoin, do you think the governments will ever buy into the idea of Bitcoin and cease the threats?
the government began to take decisive steps to suppress the development of bitcoin in Indonesia. Bank Indonesia (BI) as the financial regulator in Indonesia considers cryptocurrency as an illegal and unrecognized currency.
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Jesse Lund, the newly appointed head of blockchain development at IBM said that countries will embrace the cryptocurrency technology very soon.
https://www.cryptocurrencey.com/countries-will-embrace-crypto-ibm-believes/
Sooner or later each country will understand cryptos are unstoppable
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our government thinks I'm okay with bitcoin, I have never heard them speak, I hear that bitcoin does not want to be our central bank, but they do not even think about banning bitcoins.
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Governments are already aware of the blockchain technology and they acknowledge the potential that it holds and how it is going to affect and change the existing banking and financial system. But they are not ready to use bitcoin being something they have no control over. I'm sure they already have something in plan to utilize blockchain but as i said what they want is to have something that can exist alongside their system.
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From the recent issues of threats being imposed by the governments on Bitcoin, do you think the governments will ever buy into the idea of Bitcoin and cease the threats?
Im not sure about it maybe if government will conduct a studies about crypto and know how useful it is that the time they have to buy more bitcoin.
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From the recent issues of threats being imposed by the governments on Bitcoin, do you think the governments will ever buy into the idea of Bitcoin and cease the threats?
Im not sure about it maybe if government will conduct a studies about crypto and know how useful it is that the time they have to buy more bitcoin.
So far, world governments do not see a big threat to the global financial system and therefore they do not take hostility towards it. However, it should be borne in mind that governments can legalize cryptocurrency on their territory, but they will never actively support and use it. Especially now that they have begun to develop their own national digital currencies that combine the advantages of conventional currencies and cryptocurrencies.
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It is not an easy decision, of course it requires a lot of consideration. But I am sure that one day bitcoin will be able to be trusted by the government.
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It is not an easy decision, of course it requires a lot of consideration. But I am sure that one day bitcoin will be able to be trusted by the government.
Yes I agree with this opinion. As time goes by and many investors come so that bitcoin will be known to many people and guaranteed security regarding Bitcoin, maybe the government will think differently. And once again Bitcoin will take a lot of time for the government to legalize it. Because all this time many cases hackers have stolen bitcoins.
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No countrys government can control the use of Bitcoin. Because Bitcoin users are scattered all over the world. And because of these users it will not be possible to control Bitcoin. Because there is a lot of bitcoin trading around the world. Bitcoin is being approved in most countries because of this transaction. The transaction is being done officially through the bank. So I think Bitcoin will improve further in the future.
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Governments will never give up power over economies through fiat quantity and value manipulation. So they can only take up part of the idea of Bitcoin: it is a blockchain-based coin with high speed and low cost, but not completely anonymized from their investigation requests. Furthermore, that cryptocurrency should not conflict with fiat value.
We seem to have the best candidate: stable coin :)
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From the recent issues of threats being imposed by the governments on Bitcoin, do you think the governments will ever buy into the idea of Bitcoin and cease the threats?
Yes brother some government consider bitcoin as illegal cryptocurrency and some governments allow bitcoin and permit it all sphere of life.
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I am not sure about the position of the government in crypto space. Some governments may be really want to join the crypto space, but others may still doubt it. We cannot force the government in this matter, they have some considerations to join or not. Like our government, the may be hard to join because of no advantage for now.
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I am not sure about the position of the government in crypto space. Some governments may be really want to join the crypto space, but others may still doubt it. We cannot force the government in this matter, they have some considerations to join or not. Like our government, the may be hard to join because of no advantage for now.
The government is interested in controlling its citizens, and bitcoin cannot provide such control due to its decentralization. Therefore, it is easier for the government to create its own national digital currency, which will be centralized.
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The relationship between Bitcoin and the government is something special but it needs more effort to make it legal. As we know that many governments still do not legalize the existence of BTC. They are afraid that BTC may replace the fiat. But it is so glad to know right now because much government concern about this crypto world
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From the recent issues of threats being imposed by the governments on Bitcoin, do you think the governments will ever buy into the idea of Bitcoin and cease the threats?
Bitcoin and government completely two opposite factors in cryptocurrency market, some bitcoin friendly government support bitcoin Canada, Australia, India Japan and Estonia.
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From the recent issues of threats being imposed by the governments on Bitcoin, do you think the governments will ever buy into the idea of Bitcoin and cease the threats?
In my prediction,, the government will cease threats . The government should accept bitcoin technology and use it for their fiat money. I see many government worried about it. Bitcoin is the future, I think no one can refuse the technology.