Quote from: knightmairesaint on October 25, 2018, 08:29:23 PM

Quote from: 378budiman on October 24, 2018, 01:46:11 PM

maybe the government doesn't understand bitcoin, as in my country it's still not permitted / banned on bicoin, but many have played bitcoin in my country, except in some parts the government doesn't know what bitcoin is, and I'm sure sooner or later they will know what it's bitcoin. and immediately permitted

If you will ask me why does the government hate bitcoin, as stated above maybe they do not understand bitcoin yes that is one of the reason and I think it is also because of some illegal activities using bitcoin and other cryptocurrency. As of now, I think Bitcoin is in discussion in every government meetings. Some countries who banned bitcoin is just want to avoid illegal activities that has a connection to it and to avoid their citizen to used it.

Hopefully in the future, many countries will believe and understand bitcoin as we do because even though it is decentralized still it can really help us to improved the economy of one country by using it properly.

If something is regulated wouldn't the corruption be reduced. I mean it is pathetic that a government is the one who regulates the country but if the government is corrupt then everything else fails. But if the entire country is involved and allowed to view everything which as bitcoin stands for means an open ledger then these kind of illegal activities could very well be reduced significantly.