Bitcoin Acceptance. - page 18. | Bitcointalksearch.org

Hivalley

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Quote from: Webberson on October 05, 2018, 03:41:20 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 understand were your going with this topic,you may be correct that bitcoin is not accepted worldwide,but there is mass adoption of the currency In numerous nationalities and it's a wonderful feat..

Yeah for a truth most countries have placed bans on the bitcoin as their views of the currency is one of indifference,so if the proposition be that bans be lifted and the currency being freely circulated in exchange for government regulations,then its a big no for me everyday of the week

This currency was created to be decentralized,no government rules,no central body nor banks,no insurance...just you I and every individual in the system,yes we alone decide its value whether intentionally or unintentionally...

I think government involvement in this system could lead to many throwing in the towel..

franky1

legendary

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why are people obsessed about regulation.

you might aswell ask will people eat if food was/wasnt regulated, wil people go toilet if bathrooms were/were not regulated, will people talk if voices were/were not regulated
things do not need regulation.

regulation PRETENDS to help normal people. but all it does is give businesses a bit of accreditation. its like a toddler preschool gold sticker of well done accreditation.

in a world where no regulation is required. a business with regulation showing up and publicising their policy. it just makes any business without the shiny star or the sherrif's badge of KYC automatically look shady. thus makes people stupidly trust something due to a gold star/accreditation.
yet the financial criss of 2007-8 shows that regulation didnt do anything. and banks still do what they did before. and people got screwed

whats really needed is to stop begging/hoping/lobbying for regulation. as that helped no one with bank mortgages and loans in 2007-8..
instead people should lobby for consumer protection and easy access to the court systems and other things that help normal people, not businesses

regulations and consumer protections are 2 separate things

Bagaji

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Quote from: Webberson on October 05, 2018, 03:41:20 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?

OP, as far as i believe you are very much aware that the main purpose for which Bitcoin or crypto currency in general was created it to be a coins that is decentralized in nature and be accepted world over. If it must be accepted on the condition of regulation by the government which is contrary to its original purpose then government should continue with their fait currency and leave crypto currency because is was as a result of government manipulation and regulation that led to the creation of crypto if am not mistaken.

DJ_Rick

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I think that btc should be accepted by the largest companies and businesses soon. In the nearest future, this will definitely happen because the market will move forward and changes are obvious

oriontab

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Quote from: Webberson on October 05, 2018, 03:41:20 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?

Here is something that is currently unrelated but could potentially alter the price of bitcoin, it is the fact that the stock market has been on its longest bull run and will be hit with a crash soon,when that happens ,a lot of investors are going to flood the crypto market with whatever they can salvage from the cash. Cryptos will be the likely choice because it seems to be among the markets that is not positively correlated to the stock market.

muslol67

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Bitcoin will be an acceptable currency. But first, there are two important issues. First, the Bitcoin transaction speed needs to be improved. It is not practical to make payments quickly. The second is a legal arrangement. In other words, countries should regulate their crypto-money business in a way that is lawful. If these two issues are completed, we can often use crypto coins in the future.

Freegan

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According to what is being done in Mexico, due to the nature of bitcoin, it would be practically impossible to try to regulate its technology, so the authorities of the country are trying to regulate the companies that use bitcoin to prevent they use it as a way to launder money or to commit illegal activities, and I think that maybe in that direction all regularization proposals go: to the people or institutions that use them, not to cryptocurrencies.

proTECH77

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Bisq Market Day - March 20th 2023

Quote from: Webberson on October 05, 2018, 03:41:20 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?

If bitcoin gain recognition or accepted on a global platform on the ground of be regulated by the authorities, will no longer represent the core value of it purpose and also the regulation will distort it power of decentralization.

Marcel666

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The Premier Digital Asset Management Ecosystem

Accepted by who? There is already a large, enthusiastic community supporting the goal and targets of bitcoin.

Regulation isn't necessary for growth or mass global adoption, this would happen naturally as more people become aware of the potential and possibilities. And decentralization is what makes bitcoin a suitable alternative to fiat.

Webberson

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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?

Topic: Bitcoin Acceptance. - page 18. (Read 2400 times)