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Topic: Bitcoin Acceptance. (Read 2395 times)

legendary
Activity: 2044
Merit: 1008
November 16, 2018, 11:07:25 PM
If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?

Regulation doesn't necessarily mean that the decentralized nature is lost altogether. On the other hand, regulations can play a positive role in the crypto-market by reducing the number of scam attempts and ponzi schemes.
newbie
Activity: 80
Merit: 0
November 16, 2018, 10:34:14 PM
If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?
we must know what it is like, because the blockchain technology is highly decentralized so there is no country in the world that can regulate or interact with bitcoin, but if the regulatory system is only supervised or with certain regulations it is very possible, and according to me this is not a problem and good only..
member
Activity: 294
Merit: 10
W12 – Blockchain protocol
November 16, 2018, 07:53:10 PM
I don't care about bitcoin being regulated as long as we can still use it. It's okay for me to let the government take a slice of my crypto earnings as long as i can still engaged in crypto in a more secure way.
sr. member
Activity: 1470
Merit: 326
Playgram - The Telegram Casino
November 16, 2018, 05:27:26 PM
If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?

The essence of decentralization is still there if it's regulated perhaps in some sense as decentralization I think pertains only to the fact that no one is mediating the transaction/s. And I think a very few that is not that obvious is being implemented on btc regarding regulations.
full member
Activity: 664
Merit: 100
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
November 16, 2018, 05:22:37 PM
I would not support or concur to the idea one of bitcoin and cryptocurrency major features is it's decentralization and should not be traded for any other thing. Sure bitcoin would gain acceptance it's just a matter of time
Just like what you commented, Bitcoin will be accepted as legitimate and used all over the world as it is a matter of time. But the change in Bitcoin's properties could make it lose its edge and leave investors leaving it, destroying it.
full member
Activity: 378
Merit: 100
November 16, 2018, 04:50:23 PM
Definitely Yes.Otherwise, it will simply not develop properly.If we want to achieve great heights for bitcoin,then legalization is simply necessary for It.Don't fear,on the contrary.We need to support this movement.
full member
Activity: 769
Merit: 108
November 16, 2018, 04:12:01 PM
If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?
I not agree if bitcoin regulated, bitcoin system is decentralized and i think we happy with this system. Our financial system already controlled, dont let bank controll bitcoin too. And until now i think bitcoin already accepted..
member
Activity: 574
Merit: 12
November 16, 2018, 03:51:38 PM
regulating it wlll be good and also bad at same time. It will be good as it will lead to mass adoption thereby people will be able to use it for all kinds of transaction without the fear they currently have about price and government ban. Also regulating it will be bad as government will then begin to determine price of bitcoin
jr. member
Activity: 126
Merit: 1
: ”Decentralized Digital Billboards”
November 16, 2018, 03:38:01 PM
I would not support or concur to the idea one of bitcoin and cryptocurrency major features is it's decentralization and should not be traded for any other thing. Sure bitcoin would gain acceptance it's just a matter of time
member
Activity: 383
Merit: 10
November 16, 2018, 03:09:58 PM
If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?
maybe at this time in my country the government is still not fully legalizing the crypto currency as the applicable currency, maybe with that the acceptance of bitcoin in my country is still very difficult to do even the government prohibits transactions with direct transactions with crypto currencies
sr. member
Activity: 672
Merit: 253
November 16, 2018, 02:51:10 PM
Bitcoin is already accepted by millions of people. Goverments wouldn't accept it as a currency, because they don't want to accept something that is not in control. Whether they approve or not, it is just a matter time and they'll come to a resolution.
full member
Activity: 421
Merit: 100
November 16, 2018, 02:00:40 PM
If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?

Your topic question has no substance dude, honestly speaking no offense. It is not clear what are you trying to intend on this forum?

acceptance in what terms pal? acceptance in any traditional business or in the government? which of the two mate?
hero member
Activity: 1008
Merit: 501
November 16, 2018, 01:48:08 PM
As of now the bitcoin acceptance has already reach all over the universe, but not all countries accept it as part of their currency or even accept it totally. They knew bitcoin but not much. Some also banned bitcoin. Hopefully the bitcoin will grow and accepted all over the community.
well. Bitcoin is not reached to all the universe yet. a lot of people know about it. and lots of countries and nations making rules and laws . hopefully it'll be known by every single person of the world. but it's gonna take time.
jr. member
Activity: 193
Merit: 4
November 16, 2018, 12:16:01 PM
Bitcoin is already being accepted if not you and I and every other members of this forum will not be here, well I don't think bitcoin will ever lose it decentralized Nature because that is what makes it unique and free.
hero member
Activity: 1680
Merit: 505
November 16, 2018, 12:06:03 PM
Bitcoin is decentralized, and not controlled by the government. But i believe it will be an acceptable currency in the nearest future which will also have a regulatory bodies.

Perhaps this is not in line with the idea of decentralization, but some regulations will certainly appear. Under the guise of fighting against abuse or money laundering, governments will try to somehow control the crypto market.
jr. member
Activity: 308
Merit: 1
Semi-Decentralized Exchange
November 16, 2018, 11:45:31 AM
As of now the bitcoin acceptance has already reach all over the universe, but not all countries accept it as part of their currency or even accept it totally. They knew bitcoin but not much. Some also banned bitcoin. Hopefully the bitcoin will grow and accepted all over the community.
full member
Activity: 650
Merit: 100
Financial aid for users: https://bit.ly/2SMY8gi
November 16, 2018, 08:03:08 AM
If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?
Bitcoin was already accepted by some productive countries.Even other countries started to adopt it.They have seen bitcoins potential and the decentralized nature of bitcoin confidently give assurance to holders that it cannot be controlled by anyone.Though there were regulations but still governments are having a hard time on doing traps in every transactions done using bitcoins.
full member
Activity: 504
Merit: 100
November 16, 2018, 07:40:54 AM
I think if bitcoin is set up it will be less interesting and will lose the decentralized nature of Bitcoin, and I think the rules that are too regulating are unnecessary.
jr. member
Activity: 94
Merit: 1
November 16, 2018, 07:36:19 AM
Bitcoin is decentralized, and not controlled by the government. But i believe it will be an acceptable currency in the nearest future which will also have a regulatory bodies.
jr. member
Activity: 98
Merit: 2
November 16, 2018, 06:05:20 AM
If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?
Getting accepted on the sacrifice of the core idea of Bitcoin?
A BIG NO!
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