Topic: Bitcoin Acceptance. - page 11. (Read 2400 times)
Perhaps bitcoin can be regulated at some minimum level, but it can not completely obey the government. Otherwise, it will simply cease to be the bitcoin that is interesting to modern progressive society.
I still believe that bitcoin will be accepted as it was conceived, namely decentralized. It is impossible to deprive him of this feature, which defines the entire cryptocurrency as an innovative currency.
One of the main features of bitcoin is its decentralized nature. What is the point of accepting it and depriving it of its main feature? I think that in the process of further development it can be adopted without regulation.
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?
If Bitcoin is accepted in all countries as you say, i think the adjustment will be acceptable in our community. But how important is the adjustment at that time? Perhaps the acceptance is just time when the presence of Bitcoin is growing. 
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 so far was being functional thru online only, so meaning the acceptance is not being done in the entire world yet.
Because it is still majority of the people in different nations is not familiar yet with bitcoin. They may heard of it but on negative feedback
not on the good terms. But in the near future, I believed that people around the world would accept it once they see bitcoin has clear capability to become the real world currency.
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?
this will actually be contrary to the decentralized nature of bitcoin. I think the government will automatically recognize blockchain technology and recognize bitcoin as a payment and investment tool
many people are not agree when something invented are decentralized and not in control with someone or company behind it, that distrust are make people are not wanting to accepted the reality of it,
Bitcoin is design to stay decentralized nature and at that any form of regulations will harm the original design which is it volatility and decentralized freedom from every form of interference from any institution or any individual, and bitcoin will still do fine with it present conditions and with time the world will start accepting bitcoin.
Bitcoin as a whole doesn't need to be regulated in order to be accepted by all. Some people, companies and countries are already in favor of using bitcoin in doing transactions, even without regulations of governments. If ever a government really wants to put regulation in bitcoin, I think what they need to do is to put regulations to those people and companies who are using it and not to fully take control of it.
Bitcoin will be recognized very soon across the country. Bitcoin is very important for a country. It helps in the overall economy of the country. This means that it has not been recognized in a few countries including Bangladesh. However, it is expected that very soon Bitcoin will be recognized all over the country.
IMO yes it is but if you want to being legalize by government, it's only the way,right ?
Remember , by being legalize, your government also support cryptocurrency and the impact that we are expect , yes it's the uptrend world wide.
Don't you want to experience it when you've hold your btc since $299 / btc ?
I'm sorry if it's not you but me
Remember , by being legalize, your government also support cryptocurrency and the impact that we are expect , yes it's the uptrend world wide.
Don't you want to experience it when you've hold your btc since $299 / btc ?
I'm sorry if it's not you but me
Decentralization cannot be eliminated from bitcoin because it is the nature of bitcoin. Bitcoin doesn't need to be centralized because bitcoin has been accepted by many communities.
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 decentralized nature of bitcoin certainly does not want to be regulated by anyone because the basic principle of the founder of Satoshi Nakamoto that bitcoin is decentralized and does not want to be regulated by anyone, I am sure all will accept bitcoin may only need time to receive it.
Despite the huge growth of bitcoin ever since its inception, one would have thought that the growth would be in tandem with its adoption rate.
However, reverse has been the case.
This could be attributed to the many challenges of the blockchain technology such as scaIability, interoperability, security etc.
I believe once this issues are improved on , the adoption rate of bitcoin will spike.
However, reverse has been the case.
This could be attributed to the many challenges of the blockchain technology such as scaIability, interoperability, security etc.
I believe once this issues are improved on , the adoption rate of bitcoin will spike.
AML BitCoin is soon to be accepted everywhere and by everyone. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.
Bitcoin will be an acceptable currency in the upcoming years. Even though because of its nature it did face many issues but what is more important is it has gained quite an amount of acceptance in some parts of the globe
I don't agree, if bitcoin is accepted on that condition. then bitcoin is not a decentralized technology. the purpose of Bitcoin is made to eliminate centralized control. and users are free to use their assets without rules restrictions. then if bitcoin follows fiat rules and others by the government. Bitcoin doesn't work on the way.
Yes, the essence why bitcoin was made will become nonsense when it happen because someone will manipulate and control it. In fact we are not 100 percent sure that who ever control it will manage it well. Bitcoin must still be decentralized so that it will be safe from greedy people who only thinks of their selves. 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 organization must be defined first
There will be something of regulation and control or control
Because that goes against the basic idea of bitcoin.
If bitcoins is going to be regulated then it purpose come to naught since the anonymous features that make it unique will be lost.Exchanges and vendors can be regulated but not users of bitcoins.
Bitcoin is not so decentralized nowadays due to the strong concentration of mining power in the hands of large miners. Transactions in Bitcoin are not so anonymous and can be tracked over the network. Therefore, Bitcoin can be used officially, it does not pose any threat.
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