Why should governments accept Crypto currencies?

[zorchy]

We are led to believe that almost all governments are corrupt and that most officials and even leaders of the world are bought.

We saw this for instance with the US elections where rumours are doing the rounds that massive amounts of money were channelled from foreign countries to influence the outcome of the election. This money had to be laundered through shell companies via Banks and complex money laundering systems.

All of this leaves paper trails and this can later be followed and investigated to find the true origin of this money.

Now think about this, why would "corrupt" governments want to appose Bitcoin and Crypto currencies, if they can use it to hide their "corrupt" practices? Would it not make sense just to allow it and then use it to further their political aspirations?

The push back from these corrupt governments does not make any sense. Could it be that they know that Bitcoin and Crypto currencies are not "anonymous" at all and that these transactions can be traced and for this reason they are apposed to it?

Curious to know what you are thinking.

[Confero]

Cryptocurrency is a modern payment technology, of course if the government wants to become a developed country that follows the times, of course they have to accept Cryptocurrency. Because this continues to grow, sooner or later all countries must accept Bitcoin and Cryptocurrency. If the government can accept Cryptocurrency more quickly, this will make people in the country more active in the digital world. Of course this is good, good for the country's economic progress.

[Vega-RR]

don't you have to accept bro. but it would be nice if the government accepted the crypto currency. because of the crypto digital world. is a very good job. to change one's economy for the better .

[Mbah Jenggot]

We are led to believe that almost all governments are corrupt and that most officials and even leaders of the world are bought.

We saw this for instance with the US elections where rumours are doing the rounds that massive amounts of money were channelled from foreign countries to influence the outcome of the election. This money had to be laundered through shell companies via Banks and complex money laundering systems.

All of this leaves paper trails and this can later be followed and investigated to find the true origin of this money.

Now think about this, why would "corrupt" governments want to appose Bitcoin and Crypto currencies, if they can use it to hide their "corrupt" practices? Would it not make sense just to allow it and then use it to further their political aspirations?

The push back from these corrupt governments does not make any sense. Could it be that they know that Bitcoin and Crypto currencies are not "anonymous" at all and that these transactions can be traced and for this reason they are apposed to it?

Curious to know what you are thinking.

I think Government should accept crypto currencies. Because It is the future technology.  No one can refuse the technology.

[Bica]

Cryptocurrency anonymity is not considered one of the key criteria for investor decision making. However, there is always a certain segment of users who see a heightened technological advantage in the increased anonymity of a cryptocurrency, which will allow it to remain competitive in the market in the long term.
However, in the context of anonymity discussions, the most important rule must be remembered: the activity of special services is aimed at offenders, and if you conduct activities legally, even the pseudo-anonymity of Bitcoin and other top cryptocurrencies is quite suitable for you.

[yousufatik]

I don't know the exact reason why my government still not legalize cryptocurrency but indeed if they legalized it then they can have it even for money londering tool cryptocurrency can be good tools because not just like fiat then crypto can hide their funds corruptions but in my view most of them eventually will have cryptocurrency even someday crypto illegal or officially legal.

[bitpation]

Because crypto can be a global payment system that is easy, fast and safe. And crypto has been proven to be able to reduce unemployment in several countries such as by following bounty, airdrop or mining.

[Crypto Prime]

Oh yeah, I never thought that far. Maybe all of that has happened in this Crypto world. So, not a few governments legalize Crypto because there are many government officials who put their corrupt money in Crypto money so that they do not leave a paper or account. I think this is a dangerous thing and misusing the Crypto World is a storage place for corrupt money.

[bitpation]

The reason the government must accept bitcoin is because bitcoin has a good chance in the future. This blockchain technology can be adopted by the government for various reasons. In addition, by accepting bitcoin, the government can apply taxes that will benefit the country. Isn't this better?

[debra]

It may be true that the Crypto world is used by state officials who save their corrupt money here, in this Crypto money, or maybe they invest in a Coin or ICO project. All that can be true. Because in truth it is not not possible to watch people from each other because of this decentralized system. I think this is a danger if Crypto is misused by corruptors.

[marco]

Cryptocurrency is a modern payment technology, of course if the government wants to become a developed country that follows the times, of course they have to accept Cryptocurrency. Because this continues to grow, sooner or later all countries must accept Bitcoin and Cryptocurrency. If the government can accept Cryptocurrency more quickly, this will make people in the country more active in the digital world. Of course this is good, good for the country's economic progress.

A question that always gets stuck in my mind is,
Why do we have to believe in cryptocurrency?
Has there not been a legal currency, recognized by central banks?
please give a logical explanation, because I personally still half-heartedly trust cryptocurrency

Thank you

[ayuaja]

Cryptocurrency is a modern payment technology, of course if the government wants to become a developed country that follows the times, of course they have to accept Cryptocurrency. Because this continues to grow, sooner or later all countries must accept Bitcoin and Cryptocurrency. If the government can accept Cryptocurrency more quickly, this will make people in the country more active in the digital world. Of course this is good, good for the country's economic progress.

A question that always gets stuck in my mind is,
Why do we have to believe in cryptocurrency?
Has there not been a legal currency, recognized by central banks?
please give a logical explanation, because I personally still half-heartedly trust cryptocurrency

Thank you

I actually never fully believed in Cryptocurrency, but I believe in the profit generated in the world of cryptocurrency. So I chose my main job to cryptocurrency because it was more promising.

Indeed cryptocurrency does not have a central bank, but why do they have value? Because of the value that cryptocurrency has that makes me believe that the crypto world is promising

[Mr.X]

Government should accept Crypto currencies because this is the one helped for paying like taxes or permit can be required to the governments.

[Abdee]

yes the government must be able to accept the crypto currency, because we know that the crypto currency in the production process is very cheap different from fiat currency, and crypto currency will be an alternative in buying and selling transactions

[Rivaldi Kunkun]

for future crypto will further evolve in everything from the function or the volume of devotees and visitors. the more interest that appear. that prompted someone to participate in it, with the Government having to bitcoin inevitably to think of regulation about crypto in order for the system of Government.