Pages:
Author

Topic: Bitcoin Acceptance. - page 3. (Read 2400 times)

member
Activity: 308
Merit: 15
November 14, 2018, 09:08:27 AM
Why should the decentralized form of bitcoin to be disregard? I do not see your point probably because OP has not elaborated the possible reasons for it. Bitcoin could be regulated like to what happeb on stock market exchange. Aside from that there is more security for all the investors and the possible abusen in its use by implenting the KYC process. Bitcoin should remain decentralized in a way that some.feature like anonymity should be remove.
newbie
Activity: 42
Merit: 0
November 15, 2018, 03:41:08 AM
bitcoin is already accepted in all over the world, bitcoin is using in many companies so there is no need to adopt more.

Hmm...what about people without any tech knowledge? In America, about 80% of people heard about btc...but what about the actual usage? Let alone underdeveloped countries. There's a big big room for adoption.
full member
Activity: 457
Merit: 100
November 14, 2018, 09:07:25 AM
regulating bitcoin for acceptance has it advantage and disadvantage. if regulated, it will give investors peace of mind investing and pump and dump will be stopped. but bitcoin is devenloped on the idea of decentralization, regulating it simply means there will be a body that will regulate price and other things just like fiat currency and this will bring us back to what the bitcoin idea was fighting initially.
all bitcoin receipts will suffer losses and profits. because bitcoin has a trading system between two or more people and has a bargain when investing. so we can also lose and be lucky.
newbie
Activity: 33
Merit: 0
November 14, 2018, 08:56:08 AM
This will still be a debate, because how can the government adjust the bitcoin? It is possible that the rules applied are not decentralized. but in other cases such as tax and legal rules
newbie
Activity: 154
Merit: 0
November 15, 2018, 03:29:08 AM
bitcoin is already accepted in all over the world, bitcoin is using in many companies so there is no need to adopt more.
jr. member
Activity: 235
Merit: 1
Staker.network - POS Smart Contract ETH Token
November 14, 2018, 08:53:29 AM
I guess if Bitcoin would be globally accepted then government would definitely find a way to regulate this mainstream technology. I guess there would be pros and cons in this case. Apparent disadvantage is government could imposed tax here then the advantage i guess scam and fraud ICOs could be regulated as well.
member
Activity: 392
Merit: 39
November 15, 2018, 03:11:18 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?
Any medium of exchange that being legalized by coubtry should be regulated. Although I hate the taxation that will be applied but by that taxation country can be more developed well. Decentralization is prevent some party to control world money but regulation is still needed.
I think it is a question of finding the right balance between protection and freedom (as with very many things in life). For people to be protected the government must regulate bitcoin, but at the same time those regulations limit freedom, apply taxation etc. You will find people advocating for both and it is impossible to make everybody happy. I personaly would prefer to see more freedom.
hero member
Activity: 1190
Merit: 534
November 14, 2018, 08:43:45 AM
It doesn't make any sense to allow Bitcoins against giving up the decentralisation characteristic of it because it is the fundamental structure of Bitcoin and altcoins out there on which the whole system is based. I don't think that at a control is essential but governments can definitely monitor it if they are allowing cryptocurrencies in the domestic jurisdiction.
sr. member
Activity: 952
Merit: 323
November 14, 2018, 10:49:35 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?
Any medium of exchange that being legalized by coubtry should be regulated. Although I hate the taxation that will be applied but by that taxation country can be more developed well. Decentralization is prevent some party to control world money but regulation is still needed.
full member
Activity: 378
Merit: 100
November 14, 2018, 08:16:18 AM
bitcoin is unlikely to ever be recognized by States.  most likely, each state will have its own coin.
full member
Activity: 1750
Merit: 118
November 14, 2018, 10:22:57 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 think it should be done, that bitcoin ahould be regulated and each country must accept bitcoin. Because if they do, then they are really ready for their progress. For  the progress of their country.

A country can always progress with or without bitcoin because the sucess will always depend on us ( people ) and also to our government as well ( if he or she isnt corrupt )   and besides , bitcoin is already accepted by most countries around the world even if its decentralized  .  

The stronger the regulation, the worse it is for an average btc fan.

Agree .  im a fan of bitcoin due its uniqueness and that is because of being decentralized but if ever bitcoin isnt intended to be this way , i dont think i will support it . 
newbie
Activity: 42
Merit: 0
November 14, 2018, 07:47:01 AM
regulating bitcoin for acceptance has it advantage and disadvantage. if regulated, it will give investors peace of mind investing and pump and dump will be stopped. but bitcoin is devenloped on the idea of decentralization, regulating it simply means there will be a body that will regulate price and other things just like fiat currency and this will bring us back to what the bitcoin idea was fighting initially.

Many people think that regulating bitcoin will not be good for crypto but i feel otherwise. I think it will be better if the crypto is regularized and then whales will not have a chance to pump dump the coins. This will improve the overall interest and trust of the community.

On the other hand, fewer pump&dumps will scary off traders, as volatility will become lower. So that's a questionable and quite ambiguous issue.
full member
Activity: 384
Merit: 106
November 14, 2018, 10:17:55 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 think it should be done, that bitcoin ahould be regulated and each country must accept bitcoin. Because if they do, then they are really ready for their progress. For  the progress of their country.
full member
Activity: 672
Merit: 100
November 14, 2018, 02:26:12 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 do not expect this to happen because Bitcoin's volatility is what attracts investors. Bitcoins are no longer collectively practiced because most whales always get a lot of Bitcoins in their wallet, Bitcoin is increasingly manipulating, and we see this when looking at Coinmarketcap.
hero member
Activity: 2436
Merit: 877
November 14, 2018, 04:46:14 AM
regulating bitcoin for acceptance has it advantage and disadvantage. if regulated, it will give investors peace of mind investing and pump and dump will be stopped. but bitcoin is devenloped on the idea of decentralization, regulating it simply means there will be a body that will regulate price and other things just like fiat currency and this will bring us back to what the bitcoin idea was fighting initially.

Many people think that regulating bitcoin will not be good for crypto but i feel otherwise. I think it will be better if the crypto is regularized and then whales will not have a chance to pump dump the coins. This will improve the overall interest and trust of the community.
member
Activity: 392
Merit: 10
November 14, 2018, 02:10:03 PM
Yes it should be done, although it's has its advantages and disadvantages, advantages includes : all transactions will be monitored, kyc will be taken seriously, anti-money laundering will be put in place, and so on. But the disadvantages includes, intrusion to one's personal affairs as well as transactions and so on. But if regulation is the key to its acceptability, then, so be it.
jr. member
Activity: 107
Merit: 1
November 14, 2018, 04:34:46 AM
I would like btc to be accepted everywhere, I don't think we even need fiat.
full member
Activity: 308
Merit: 101
November 14, 2018, 01:35:38 PM
For Bitcoin to be accepted as a popular currency, it's up to Bitcoin to adjust so much to suit everyone. And it is important that the government accepts permission to use it. Let us look forward to a bright future for Bitcoin.
newbie
Activity: 84
Merit: 0
November 14, 2018, 04:04:24 AM
The stronger the regulation, the worse it is for an average btc fan.
full member
Activity: 564
Merit: 100
November 14, 2018, 12:16:33 PM
This is a problem. The decentralization is an important tool of Bitcoin, and Bitcoin is no more than a flat-rate currency. However, the government will not be able to manage it when Bitcoin is decentralized. This is hard to handle.
Pages:
Jump to: