Topic: Adoption or Regulations why way is better for bitcoin ? - page 4. (Read 986 times)
I think EFT proposal is an effort to rise bitcoin acceptance. I believe result come from various efforts. Its very difficult to compare because this two things are interrelated.
Actually they are interconnected. I can’t compare this. When adoption is increased then regulation will be followed. But it’s true if mass adoption will happen then it will impact significantly in the market.
bitcoin are more trusted and reliable. if bitcoin get ETF approval it will be more secure and perform better service than other. it will make sure your profit and security. its future are more bright.
No one guarantee your profit. Everything is possible in this market. After ETF approval we might see a price rise. But after that there is no guarantee for the long term.
bitcoin are more trusted and reliable. if bitcoin get ETF approval it will be more secure and perform better service than other. it will make sure your profit and security. its future are more bright.
Regulations can be appreciated sometimes. But most of the times they create some obstacles in decentralized system. So i think adoption is much needed for cryptocurrencies.
ETF is creating biggest hypes for bitcoin. If it is approved by SEC then the prices will massively change from my opinion. And i think it will go to the positive side of the price scale.
Bitcoin are more potential and profitable. if bitcoin get ETF approval it will be increasing investor security. it will make more profit for investor. people are increasing their investment here. it is a very good sign for bitcoin.
Everything in this world has benefits and negative marks. But, So many regulations may affect the adaptability of new users. In any case, there is none economy where nil control is there. Open nations like USA England and so forth likewise have certain controls.
From my opinion obviously adoption is better than regulation. But i think ETF will be good for bitcoin. Because it will attract more investors in the market which will good for the market.
Adoption of bitcoin among the normal people will improve the economy to a great extent. On the other hand, too much regulation hampers an economy. So, I think, adaption is better than regulaion in many ways.
To me, adoption is better than regulation in case of bitcoin. Regulation follows the increase of adoption. But it is not the same if regulation increases. That's why adoption of bitcoin by the normal people is needed for the bitcoin economy.
Selection is route superior to control for cryptos. In the event that the reception rate expands, controls will take after. In any case, if direction bounces into the front line, the selection rate could possibly back off. In any case, reception here means mass selection by the general individuals like us and not by the corporates.
If we are to choose the best way for bitcoin is adoption ,because it will just directly merge to what people want for a new dimensions in the digital world, while regulation it will passed to some hard requirements to comply, for bitcoin will be legit to be use.
Of course adoption will serve a better reliable for bitcoin. As regulation will give room for manipulations and at end will favor the same set of persons we are aiming to defeat. I fear regulations will give back power to the capitalist.
Have you ever wondered why government is bent of having Bitcoin destroyed or at list have it regulated? just because their selfish interest is not captured by the way Bitcoin operates, regulate Bitcoin and destroy its future or allow it be naturally adopted and it shall leave forever.
Bitcoin ETF proposition is a push to build Bitcoin reception among financial specialists and the slow appropriation of Bitcoin, all in all, is the outcome got from different endeavors, I can't look at it since endeavors and results are two interrelated things.
I personally prefer adoption rather than regulation because bitcoin is that kind of thing which is beyond regulation and if it is regulated then it just lost its value.
Is it some form of government regulations like ETF approvals or Gradual mass adoption of cryptos in general? What's your take?
Yobit - Stucked coins list (Add yours)YOBIT Scam Exchange
Yobit Scam withholding 10BTC
YOBIT holding coins to profit from POS interest -
if we had regulations, these cases would be greatly reduced
no we won't. because cases like this are mostly related to altcoins and altcoin exchanges which happen to be unregulated and unknown. and people will always use these, maybe even more in case of regulations. for example if exchanges in US such as Bittrex and Poloniex start being regulated and ask for hefty taxes from their users as they report all their activities to IRS, everyone would leave and migrate to other platforms and many of them being bad means scam cases like these would continue to happen, even more than before.
Well as far I know most of the people strongly speaks in favor of adoption, they claim that it is better than regulations cause it's price is high but still the choice is your what you prefer as per your need.
Is it some form of government regulations like ETF approvals or Gradual mass adoption of cryptos in general? What's your take?
Yobit - Stucked coins list (Add yours)
YOBIT Scam Exchange
Yobit Scam withholding 10BTC
YOBIT holding coins to profit from POS interest -
if we had regulations, these cases would be greatly reduced
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