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Topic: Adoption or Regulations why way is better for bitcoin ? - page 6. (Read 958 times)

newbie
Activity: 24
Merit: 0
Some people consider Bitcoin as illegal, regulations will bring sense of security to masses, regulated thing can't be illegal.
jr. member
Activity: 183
Merit: 2
Right now it's the only option I see for it to be stabilised. I mean com on, you can't be serious to start making think it's the same curriency as Fiat when you look at the chart..
Who the stupid will think it can be spent in a daylife situation?

Others might say it's a Scam, but all we need it to get more money in , and we need country to start stabilise by legalise it.
newbie
Activity: 81
Merit: 0
see the adaptation of bitcoin and cryptocurrency
much better. Placing more rules and people will be arranged then we can see the future adoption
copper member
Activity: 364
Merit: 4
The ETF isn't a government related affair, but it will allow institutional investors to participate in bitcoin trading. Regulation will help mainstream adoption by providing a legal framework so really both is needed to succeed
hero member
Activity: 3094
Merit: 929
You can't compare adoption to regulation.It's like comparing apples with bananas.
Regulation means RULES,while adoption means USAGE of cryptocurrencies in daily life.
The rules can influence the usage of crypto in a good or in a bad way.You can't compare two things,if the first has impact over the second thing.
newbie
Activity: 152
Merit: 0
The adaptation is much better. Putting more regulations feels like the market is depriving the people from their own free will.
absolutely right, isn't bitcoin created so that no third party interferes in the transaction.
but if that is only a tax regulation from the bitcoin holder I think that doesn't matter.
hero member
Activity: 2520
Merit: 952
Some people consider Bitcoin as illegal, regulations will bring sense of security to masses, regulated thing can't be illegal.
hero member
Activity: 2492
Merit: 542
Bitcoin and other cryptocurrencies needs to be regulated first inorder that adoption will going smooth many people think that crypto is just a scheme and not to be trusted as it is illegal like other countries stated but if it will be regulated then we can see the mass adoption will be fast.  
sr. member
Activity: 1400
Merit: 273
The truth is that even if we are proclaiming to be pro-Bitcoin or cryptocurrency, only a handful can only say that they are anti-government to the point of saying that Bitcoin or cryptocurrency should go all-out against it. Only a few among us can say without flinching that whether or not the SEC would approve the ETF, they do not care a little. At the end of the day, we still want the governments and their agencies to acknowledge Bitcoin or crypto even if we do not agree with them trying to send the signal that they are more powerful.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
Adoption of Bitcoin is far much better than regulation. With regulation the chance of Bitcoins mass adoption will get saturated. Regulation will basically enable goverment to control crypto market to a certain extent.
But at the moment when you check the market you will see a lot of manipulation going on to control the price. regulation will remove that issue.
But if there is a mass adoption of Bitcoin and Alt coins then it will not be possible to create manipulation in the market.
This is my view, i may be wrong..
newbie
Activity: 56
Merit: 0
The adaptation is much better. Putting more regulations feels like the market is depriving the people from their own free will.
member
Activity: 672
Merit: 12
Every thing in this world has merits and demerits.  Every coin has two sides.  Every day has a night.  Dark after light and light after a dark.

So much regulations will definitely destroy anything like communist countries' economy was destroyed  few years back.  But there is none economy where nil regulation is there. 

Open countries like USA England etc also have certain regulations. 

It is better if the bitcoin is adopted by the masses and has minor regulations.
legendary
Activity: 3080
Merit: 1500
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?

Adoption is way better than regulation for cryptos. If adoption rate increases, regulations will follow. But if regulation jumps into forefront, adoption rate may or may not slow down. However, adoption here means mass adoption by the general people like us and not by the corporates. If we see a big corporate adopting cryptos strictly for other institutional investors, it may not have much impact on the market. The better impact will happen when we will see bitcoin or other cryptos are accepted in the general stores and small service providers. It will make bigger impact on the crypto market.

For the same reason, I don't have much hope on the proposed bitcoin ETFs which is pending for decision by SEC. These are made only for large institutional investors and not for common mass like us!
full member
Activity: 406
Merit: 101
Decentralized Digital Billboards
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?
Bitcoin ETF proposal is an effort to increase Bitcoin adoption among investors and the gradual adoption of Bitcoin, in general, is the result obtained from various efforts, I can't compare it because efforts and results are two interrelated things

newbie
Activity: 27
Merit: 0
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?
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