Post
Topic
Board Bitcoin Discussion
Re: How to make governments accept bitcoin?
by
Gastotade
on 13/05/2017, 11:52:43 UTC
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?

    I do think that for now it is still unachievable thats because there are still many things that the government think they don't just prioritize something like bitcoin for now. Due to all the problems, issues, and more thing to develop the government is not still interested on cryptocurrency but sooner or later bitcoin will be known by the government and they will make it as a payment option. As the price of the bitcoin is increasing and when they see they can earn from them they will get interest on them and start advertising bitcoin. Government is all about money the other flow of bitcoin is that right now the bitcoin price is still not constant but as soon as it will I pretty sure they will do accept it in no time.  Cheesy

Their all about money, when they see how government of Japan corresponds on it and gather taxes on it they'll for sure make a way to prioritize implementing bitcoin ,no matter how busy they are.
I agree with you, i also think that they are just waiting for the other governments like in the Japan if they can get good benefits from bitcoin and if they does then they will be in a rush mode for accepting and fixing the laws for bitcoin so they will not be left behind by the hype of accepting bitcoin as a secondary currency in their country.

When they see how bitcoin corresponds in Japan they'll try a way to use it too so when they see its really worthy then probably it will be acceptable in many governments.