Will bitcoin support by government?

[pelana vreo]

I don't see Bitcoin as a threat to the government and instead the government is trying to regulate Bitcoin by taxing Bitcoin users but they can't do it, what I'm worried about is the government is trying to take over the crypto exchange to make it easier for them to see who owns Bitcoin and taxes on it. ownership of Bitcoin to the holder

[Token@]

Bitcoin is much more threatening because they will never be able to control it. In many countries, Pitt is illegal. They think that if Bitcoin is legalized, it will be the most immoral and misused.  Many laundering, murderous gambling, etc. are done illegally through Bitcoin.  Again Bitcoin has many advantages.  Billions of rupees can be transferred through seconds.

[Altcoin1998$]

A countries government can't control bitcoin because it a air based cryptocurrencies. Only developed countries governments and banking system can control cryptocurrencies but our developing countries cannot control bitcoin and others cryptocurrencies at all.

[MUGNIA]

It is true that bitcoin is dangerous if it is legal because corruptors will freely wash their money into bitcoin, the public will accept that for sure, but for the government it is better not to admit it because it will be really dangerous.  torment the people

[Ricky]

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.

The developed countries of the world have supported Bitcoin. I think the whole world will one day support Bitcoin. Bitcoin is not controlled by any government, so no government wants to legalize Bitcoin easily. The popularity of cryptocurrency is increasing day by day. If the popularity continues to grow like this, then I think the governments of all countries will one day legalize Bitcoin.

[MRM]

At present, users in most countries are being deprived of the benefits of using Bitcoin. Bitcoin transactions are not possible through banks. But in the future, the government of the country may think better about bitcoin. The transaction can be through a bank or an agency.

[Sasa]

Yes, I also think that one day the government will support Bitcoin.  As Bitcoin is a virtual currency, it has many advantages as well as many disadvantages.  Since Bitcoin is a virtual currency, all illegal activities in the virtual world are done for it.  With this bitcoin, the governments of many countries think that recognizing or supporting bitcoin will increase the crime rate in that country.  That is why the government does not support Bitcoin.  But I think one day everyone in the world will support Bitcoin, all government will support Bitcoin.

[Rakin343]

Bitcoin is officially supported in some countries and in some countries this bitcoin is not officially supported. In all the countries where this bitcoin is officially supported, all transactions can be done with this bitcoin. For example, in our country Bitcoin is not officially supported.  That's why we can't use this bitcoin openly.  We hope that this bitcoin will be officially supported in our country.

[XM8]

I aree with you.  You have created a topic on the validity of Bangladesh Bitcoin here.  We all know that Bitcoin is illegal in Bangladesh. One of the reasons is that the economic syastem of Bangladesh is not as developed as that of developed countries.  So declaring Bitcoin legal in Bangladesh will put a lot of pressure on the economy of Bangladesh.  And various cycles of corruption will create corrupt work

[Emircan]

Let the market decide. I believe in it. If controlled, it will no longer be the market economy

[Doctor]

A countries government can't control bitcoin because it a air based cryptocurrencies. Only developed countries governments and banking system can control cryptocurrencies but our developing countries cannot control bitcoin and others cryptocurrencies at all.

No one can control bitcoin and other Crypto currency. I think which control bitcoin is maeket. Demand and supply are the basic factor which affect the price of crypto currency. So I don't believe government will support Bitcoin bad other.

[Casual]

Yes brother you are right you can't handle bitcoin basically the government doesn't give legitimacy to the outgoing bitcoin. Again since it is Bangladesh, money laundering is most prevalent in Bangladesh, which is why Bitcoin has not been legalized.  Due to this, it will lag behind economically.  For this reason, the government does not deliberately legalize bitcoin.

[Magepai]

Yeah Al that sounds pretty crap to me, Looks like Bitcoin aint for me either. But the reason is that the government of that country will never be able to handle it. If there is a problem to run it, then the country will lag far behind economically.  Bitcoin is now being legalized in some countries.

[Rokis]

I think it will, but only if the state has a large part of this Bitcoin. Most likely, there will be some kind of state cryptocurrency for each state. This will prevent a large number of cryptocurrency millionaires if Bitcoin is recognized as the main currency.

[Seerge]

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.

What is clear is that all of this requires a process, in fact Bitcoin is currently getting a lot of resistance from the government. But will this end, I believe it will. Bitcoin will be accepted by the government, and will get approval that Bitcoin will be accepted as a legal currency.