Ninjastic
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Board Bitcoin Discussion
Re: How to make governments accept bitcoin?
by
sana54210
on 06/05/2017, 14:22:31 UTC
Quote from: NEWGOODOUBLE on May 06, 2017, 02:47:01 AM
Quote from: BeManga on May 02, 2017, 10:40:49 AM
Quote from: Bit2Easy on February 02, 2017, 10:40:06 AM
I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
it will be hard for goverment to accept bitcoin goverment use fiat because they can get taxes
they dont support bitcoin because there are no benefits bitcoin taxes go to miners
Thats true, maybe if the government can benefit like a tax for bitcoin users, maybe the government might consider the legalization of bitcoin
The governments cannot legally accept bitcoin as an international currency because it will cause a threat not only on their local currency but also on their economy as well, that is why central banks have not yet approved of it.

Until this day governments continue to stay neutral when it comes to people using bitcoin and will not change that unless something big happens, than they will step up and put some laws to it.