Post
Topic
Board Economics
Re: Government & Bitcoin
by
BTCevo
on 05/06/2015, 14:53:24 UTC
likely due to the sudden recent uptrend in interest in bitcoin. that confidence in bitcoin is rising, it would be foolish for the government to stand idly and watch the dollar devalue against the bitcoin.

That is true if we need that bitcoin should grow in future then we desperately need the support from government and society to accept is as a currency for the mode of payment.

It is the fact that people trust fiat more over the bitcoin as they are used to it and credit cards are so much in demand nowadays that people don't want to get into bitcoins as they are not aware and that is the reason they don't trust bitcoin as a currency.

Nope government will never support bitcoin as one of our currency because they can't control nothing from bitcoin, about pricing, the movement, everything. They will never ever support bitcoin forever


Well but I think the government now discuss about how to get full control bitcoin transaction, and maybe they are trying to looking for who the bitcoin creator is/are.

If they ever discuss it I dont think they can full control bitcoin, not saying about the bitcoin, the transaction thing they will sure hard to think any solution for this because there are more people trading everytime its like 24/7. And are you sure that the creator of bitcoin want to cooperate with government? I dont think they will because they barely know who is the creator of bitcoin