Negotiation with government

[owmivmen]

I am not sure this can be done. It is very difficult to legalize bitcoin like the money currency used by people. It takes a long time if this happens.

[aji678]

I don't think people need to convince governments about bitcoin. As long as we continue to use bitcoins, governments will have to make the necessary arrangements, and legislation on taxes and other matters is the problem of governments.

[Blueblockxx]

We must be contented on what the crypto currency have their own governance today. If we look and see what the government dealing to crypto world is they are accusing that this kind of business are illegal because it can be uses in any kind of illegal transaction without knowing by the government because of being decentralize. If this currency own by the government it become a no more taxation free.

[legend45]

What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.

I think It is good idea, negotiatons with goverment to legalize bitcoin. But we will be taken by tax.

[Master107]

If we give tax to the government then we agreed that we are controlled by laws and regulations. Bitcoin is decentralized but it is recognized in some countries that everyone can play with cryptocurrencies.

[zenbook]

There is no need to people to negotiate with the government because if the government saw that this bitcoin realy helps there people o think maybe the governments will come and invites there people to use bitcoins.

[expander]

It will be very difficult to convince this government about Bitcoin. Maybe the only way is to socialize regularly to the community and get broad community support and we can submit and demonstrate to the government to demand that Bitcoin or Crypto digital money be legalized and recognized by the government.

[expander]

It will be difficult for us to negotiate with the Government if there is a Law or legal umbrella regarding the prohibition of Digital Currency such as Crypto, especially Bitcoin now. Unless the country does not have a clear legal umbrella for digital currency, it is likely that we can negotiate with the government to legalize Bitcoin as a digital currency.

[Zed0X]

What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.

It is a legal currency in a lot of countries. We do not have to agree to give tax on our bitcoin income, we are actually required to pay taxes on any type of income (except those provided in your laws as exempted).

[ayatoslaw]

I am not sure about that, but what I believe is that sooner or later countries that disagree later will approve it, it's just that tax is a very difficult thing to implement in cryptocurrency, and I myself want to keep cryptocurrency more tax-free, because in the real world all are already full of taxes, if the cryptocurrency has to pay taxes too, then it is unfair to think that it happened because there is little to no excuse.

[Arendra]

Yes. We must always negotiate with governments in countries in the world to approve and legalize Crypto as a digital currency. I think this method is the most appropriate way to convince the government. But on the other hand, it will be difficult to convince the government because the crypto world is difficult to monitor its finances because it uses a decentralized system.

[mahadev]

What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.

I think It is good idea, If goverment legalize bitcoin , we will see more stable price. I think It will happen soon.