Topic: Adoption or Regulations why way is better for bitcoin ? - page 3. (Read 974 times)
I think if there are so many regulations then bitcoin will be useless in future. So, in my opinion, there should be a regulation but shouldn’t be in extreme.
We simply need adoption. The last thing we need is the government making rules for us to live under. I choose freedom. If the money is free the people will flock to it.
There has been so much FUD/FOMO lately about the bitcoin ETF proposals, debates on its merits and demerits, it makes me wonder. What is actually better for bitcoin, Is it some form of government regulations like ETF approvals or Gradual mass adoption of cryptos in general? What's your take?
Actually ETF approval will do more harm to the bitcoin and crypto currencies because then people will use bitcoin just for the trading purpose in great extent then it will cause the too much of price fluctuations results in peole will get away from the crypto currencies to be used from it a money.
I go for adoption of bitcoin.
The bitcoin structure is a decentralized one, so i do not believe any government can do anything about it.
The bitcoin structure is a decentralized one, so i do not believe any government can do anything about it.
Adoption and regulation both are good for cryptoconcines. But we need more detailed knowledge about it because in many cases adoption works as a good way than regulation.
according to ETF decision i think for bitcoin adoption is better than regulation. regulation is depends on adoption rate. so it is better for you to focus on adoption.
As we saw with the 'Bitlicence' in New York State a while back, it's pretty easy for regulators to screw it up and create bad regulation. I'd say in theory there could be good regulation that has a positive effect, but in reality I don't expect your average politician to come anywhere near knowing how to do that.
I personally believe that adoption of Bitcoin will create more opportunities for investors. But with the scams happens in the Crypto space leads to establish some regulations which is much needed for investors protection. Since Bitcoin is the main fact here to consider, it should not to be manipulated by few holders, institutions or countries. Hence regulations should be taken in to practical level of using, string & transferring bitcoin. Since the Crypto at the consolidation period it can take time to adopt as well as regulate. It will happen with the importance & efficiency lying behind in this amazing blockchain technology.
I think , adoption is preferable .
If bitcoin can be widely accepted, it will improve on so many businesses and society in general.
So what we need right now , is to improve on the various key technologies of blockain.
If bitcoin can be widely accepted, it will improve on so many businesses and society in general.
So what we need right now , is to improve on the various key technologies of blockain.
Government has no business in bitcoin regulation and can't do anything about it. The ETF is just a FUD that is making traders anticipate the potential price of bitcoin in case it come to pass. Bitcoin is for the community and their decision count than government.
from my opinion adoption is better than the regulation. if you control the adoption, regulation will be automatically controlled.
The truth is that even if we proclaim to be pro-Bitcoin or cryptocurrency, only a handful can say that they are anti-government to the point of saying that Bitcoin or cryptocurrency must go all out against it.
I think adoption and regulation is interrelated. The more adoption rate increases the more regulations will be automated, more efficient and comparatively less restricted. Besides with adoption the financial freedom will be more.
There has been so much FUD/FOMO lately about the bitcoin ETF proposals, debates on its merits and demerits, it makes me wonder. What is actually better for bitcoin, Is it some form of government regulations like ETF approvals or Gradual mass adoption of cryptos in general? What's your take?
The ETF isn't really a governmental regulation on bitcoin, but I'm not sure why we have to choose between either regulations or adoption either. Why not both? One will lead to the other anyway and regulations are coming whether you like it or not. The other option is to criminalize bitcoin or ban it outright. Do you want that? If bitcoin is going to be used as a currency or an asset then it is going to have regulations placed upon it eventually. This is good in that it is finally being acknowledged as legitimate asset or payment vehicle by the powers that be and is the path to acceptance. Whether bitcoin is regulated or not it also doesn't stop you from using it in any which way you want either. Don't want regulations? Then don't use services that require them. We obviously need adoption more than anything but the ETF is just one more route towards that and will certainly pump a heck of a lot more money into the cyrptosphere which is always a good thing.
the catalyst for adoption of cryptocurrency, as well as any bleeding-edge technologies, requires a low barrier to entry. By understanding and appreciating the value that cryptocurrency introduces for the future, users will understand that it is not only good for buying drugs or conducting other illegal transactions. Building apps that lower the barrier to entry will also encourage more user adoption, as signups don’t require knowledge of wallets, addresses, or MetaMask.
There are many advantages due to which bitcoin adoption is more preferable than regulations to me. Adoption will make transaction much cheaper, secure and speedy. Currency will be more interoperable due to global payment with BTC adoption.
i think both are need according to situation. both are important in limited situation.access adoption and regulation are not good at all.
ETF is just a way to increase adoption of bitcoin by investors. But gradual adoption in general is a result of many facts. Both are different things.
Adoption is more preferable to me because very much regulation can destroy the cryptoeconomy. So I think mass adoption will be impactful and it will be good for everyone.
The best way to make bitcoin better is not by the impose of regulations on bitcoin. I believe adoption to this new trend of transacting for goods and services, will be the better way for bitcoin.
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