Post
Topic
Board Bitcoin Discussion
Re: Government don't accept Bitcoin.
by
GbitG
on 17/12/2020, 12:00:50 UTC
Our country government don't accept bitcoin. If anyone use bitcoin and know it state police Caught him and give punishment. But i like bitcoin. How can i use it? And I want to explain that bitcoin is not bad for me. How can i successfully explain?
Many governments have already started accepting bitcoin as digital assets. It will take some more years when btc will become global currency.

By some countries maybe.

Most of these countries did legalize cryptocurrencies but I don't think it is accepted as a digital asset because we all know how will they react when it comes to something that people would earn and them not getting any taxes from it. I guess this is just mainly for the protection of the people that would use it in their country.
Now bitcoin is not issue because many governments realizes they cannot stop this just because of this now few are feeling on other side and implementing new laws which are working for many like recently I read in few countries they are taking taxes and KYC policy is also working very stick so from this I am feeling hopefully in near future we will have some good number of countries those will accept this and have some good amount in taxes.