We should learn to give bitcoin the chance to grow into full adoption. This cannot happen overnight. Regulations will not bring acceptability and it may impact negatively on decentralization. The adoption we have seen so far with bitcoin is a proof that it will grow tremendously with time and remain in use.
I fully agree, but as I said in my post above - merchant adoption must come first, and sure, it will not happen overnight. 
Topic: Bitcoin Acceptance. - page 16. (Read 2400 times)
We should learn to give bitcoin the chance to grow into full adoption. This cannot happen overnight. Regulations will not bring acceptability and it may impact negatively on decentralization. The adoption we have seen so far with bitcoin is a proof that it will grow tremendously with time and remain in use.
If bitcoin will be regulated and government will hold unto it, i do not think it will go on in a positive way as it does right now. Acceptance and/or adaptation isn't hard as long as they will not removed it's decentralized standpoint and position.
The whole concept of bitcoin and any other cryptocurrency out there is a against centralization and regulation so why would you even think of it that way. If it becomes regulated then its whole vision and mission has failed and don't be deceived bitcoin can be accepted in it's decentralized manner.
For bitcoin to be widely accepted, merchant adoption must come first, and unfortunately it has been largely declining in 2017 because of the high tx fees at that time. As the effect, everybody started talking (even in this forum) that bitcoin is just a store of value, not currency.
The nature of the majority of the public is very synonymous with new technology and competing with each other to learn it, so Acceptance of bitcoin seems to be good every day, and will fame globally, because bitcoin is the first digital and decentralized crypto currency in the world to be used as a new exchange tool
Just us as long as whatever regulation is made can still preserve the features and advantages of bitcoin, that should be okay in my opinion. Regulation may just be security policies, right? The decentralized feature of bitcoin is its best feature, so there should be no attempt to alter that.
Are you talking about SEC acceptance? If SEC accepts cryptocurrency then bitcoin will go under regulations, it is true. But I don't think that will be good for us. Though we may be getting a stable price, but regulations will destroy bitcoin's nature and blockchain's revolution! That's why I am not with bitcoin's regulation things. This is just my personal opinion.
The decentralized nature of Bitcoin is the key feature of this digital currency which gives its unique nature where all transactions made of the bitcoin network visible to everyone on the network. No matter how hard they try to regulate Bitcoin, it will be in vain. The best option is just accept Bitcoin the way it is.
I think yes, it needs to be adjusted to be more complete and accepted in many countries. If it is accepted in many countries I believe it will grow very strong. What we need is to ensure that bitcoin has the farthest future.
Bitcoin is accepted in few countries may be, but there were negative news coming out about banning of crypto in total and new situation seems simmered as there are no negative news from past few weeks and i think this is the signal of acceptance or just that some countries do not have any issue with the crypto and they might accept it in future.
I agree, there seems to have been a shift from the concept of outright banning to a "where do we go from here, now that crypto is staying" perspective. I think this is healthy.
If bitcoin isn't regulated, how are we ever supposed to actually achieve mass adoption?
Regulation is good for cryptocurrency. I understand that many believe that this goes against the principles of crypto, but I do believe that without regulation, the potential for fraud and crime will be immense, and this will stop TRUE money (institutional) from being a catalyst for the next bull run.
Regulation is good for cryptocurrency. I understand that many believe that this goes against the principles of crypto, but I do believe that without regulation, the potential for fraud and crime will be immense, and this will stop TRUE money (institutional) from being a catalyst for the next bull run.
If more and more establishments will accept BTC as a payment and most of them will be Big industries- I think governments will put so much pressure on regulations and much stronger than what we are experiencing right now. Bitcoin was fine when none of these restrictions that were made and people are happy trading. Well I think that is how government works, makes a way to stop things that they could not benefit from even it is good for the normal people.
I think yes, it needs to be adjusted to be more complete and accepted in many countries. If it is accepted in many countries I believe it will grow very strong. What we need is to ensure that bitcoin has the farthest future.
Bitcoin is accepted in few countries may be, but there were negative news coming out about banning of crypto in total and new situation seems simmered as there are no negative news from past few weeks and i think this is the signal of acceptance or just that some countries do not have any issue with the crypto and they might accept it in future.
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 we have a centralized digital coin by the government then I think it would be more convenient since it will be more secure and people will have less to worry about hacking it because the government will have a solution for that afterwards.
I think yes, it needs to be adjusted to be more complete and accepted in many countries. If it is accepted in many countries I believe it will grow very strong. What we need is to ensure that bitcoin has the farthest future.
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?
It will be regulated by a party such as the government or another party. Look at what you said 'regulated' maybe that means the government will have the authority to determine the direction bitcoin is used.By accepting bitcoin a government will have a right and will they want. And eventually, there will no longer be a system called as a decentralized system.
people who invest in bitcoin will definitely get satisfying results for this to be careful to buy the price of 1btc don't we get a bigger loss and can make us crazy.
As Bitcoin is decentralised it therefore follows that there is no central controlling body. The only control central banks or for that matter any government or organisation can is by regulating exchanges etc. Regulation of exchanges in one country will just meen that they move to a more favourable location. Regulation can't and won't happen.
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 think that is not a problem as long as the regulation is beneficial for all, but if the regulation is detrimental, it should be considered again, because if it is detrimental, it causes many people to suffer, it does not help or facilitate, it means that there are some who think of personal interests.
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 what is meant by acceptance by the government, in my opinion it will be better for the development of Bitcoin, but even though some countries do not fully accept Bitcoin I think Bitcoin will continue to grow as long as there is mass adoption from the world population. Jump to: