#1
I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !
BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?
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#2
because the government wants to control all the money that is put into bitcoin,They can't hijack your computer to watch if by any chance you have a crypto wallet.
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#3
The Bitcoin is one of the profitable stuffs nowadays, where they can pump a lot of money from it through taxes from every transaction on the exchange.
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#4
They cannot just simply ban the Bitcoin because they know that someday it will be the most powerful digital coin. In fact, most of the countries are planning to adopt it and improve its implementation to make more convenient for their citizens.
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#5
Because they also see the strong potential of bitcoin. I think instead of making it illegal, they will make a way to have bitcoin regulated. That way, bitcoin can contribute to the economic progress of a country. Though the process for regulation might take a while.
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#6
Hopefully, the governments will find a way to have Bitcoin regulated. If they could not do that, they would really miss the opportunity to get money from the Bitcoin.Originally Posted by Sendo12
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#7
All we can do is wait till they make it legal. Bitcoin can also threatened one's currency and I think it's the reason why governments are reluctant to make Bitcoin available worldwide.
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