Quote from: Ronaldcoin2017 on November 12, 2018, 05:16:18 AM

Quote from: thenameisjay on November 12, 2018, 02:04:07 AM

Quote from: Kakmakr on October 12, 2018, 09:21:32 AM

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. Wink

I think the government should start accepting bitcoins and other cryptocurrencies because they are pretty helpful when it comes to transferring money from one person to another. The only problem I see why the government didn't gave cryptocurrency a greenlight is that people can use it to launder money.

Well i agree on that, blockchain technology is quit amazing it is really simple to use and it can really help is to some government transaction or payment it can also maybe help to preveent government corfuption and tax stealling the amazing blockchain technology is slowly developing and maybe in the near future it will become more helpful to us.

I think not only that (for money laundering), the government thinks too much negatively about cryptocurrency rather than thinking positively. even though there are many benefits of cryptocurrency, such as for investment, it can also help to improve the economy of the community. indeed the government should begin to accept cryptocurrency. this new technology is very useful for us.