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Topic: Bitcoin Acceptance. - page 4. (Read 2400 times)

hero member
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Sovryn - Brings DeFi to Bitcoin
November 14, 2018, 11:53:14 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?

which I don't understand how to set it up? because bitcoin has properties that cannot be set. maybe you are wrong in your level of thinking about setting bitcoin in a country.

Lets just imagine that it is setted in a country, how can those people who doesn't have any digital tool to use for the transaction knowing that transaction is taking place on digital mode. What about setting it in a country as one of the currency to be use as mode of payment but will not replace the current money that a country is using.
full member
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November 09, 2018, 04:20:48 PM
Of course it would be good because putting BTC under regulations doesn't necessarily mean that it will be decentralized. If regulated BTC is the only accepted BTC then it's better than losing it.
full member
Activity: 625
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November 09, 2018, 03:39:02 PM
I think Bitcoin should accept. But there are some reasons for this. Because of which many countries are against Bitcoin. If there are some new rules in Bitcoin. So, accepting the whole world Bitcoin So it will be good news for all of us.

It won't be that a good news for all if it is under regulation by the governments, point number one, it's purpose has been defeated, cause it is no more decentralized, tracking of transactions will be placed and there will be even a higher tax payment as per the speculation in its price. It might be a good idea of it being regulated, but I really don't know if it will serve well.
newbie
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November 09, 2018, 01:39:32 PM
The adjustment is unnecessary for Bitcoin because it is a natural and decentralized nature that makes Bitcoin more attractive to investors.
jr. member
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Tackling Climate Change Using Blockchain
November 09, 2018, 01:30:06 PM
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.
copper member
Activity: 280
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November 09, 2018, 12:26:03 PM
I think Bitcoin should accept. But there are some reasons for this. Because of which many countries are against Bitcoin. If there are some new rules in Bitcoin. So, accepting the whole world Bitcoin So it will be good news for all of us.
member
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November 08, 2018, 09:43:24 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?
We cant force someone to accept bitcoin especially governments. But as we can see bitcoin is being accepted from some countries like in Southeast Asia they are trying to adopt bitcoin. But if someone is going to regulate bitcoin there will be a nice and bad effects. In some countries they make regulations for bitcoin investors.
full member
Activity: 625
Merit: 100
November 08, 2018, 09:08:58 AM
If government should have control over bitcoin, then bitcoin is no longer decentralized, and when that is done, the aim of bitcoin has been defitted, and might no longer have the interest it is having now.
full member
Activity: 308
Merit: 100
November 08, 2018, 09:00:23 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?

this will still be a debate, because how can the government be able to regulate bitcoin? maybe the rules applied are not for decentralized. but in other cases such as taxes and legal rules
newbie
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November 08, 2018, 08:55:54 AM
I think Bitcoin will be acceptable and be legitimate in the future. And it will be adjusted accordingly to put more active use.

I completely agree with him
sr. member
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November 08, 2018, 08:53:38 AM
in my opinion when a country accepts bitcoin, surely there will be new rules that will be raised by that country. and these rules may only be rules for transactions and will not eliminate the decentralized nature of bitcoin. I think bitcoin will become an acceptable currency in a country and accompany the fiat currency in that country. I think bitcoin will be increasingly known to people in a country, if bitcoin has been accepted even though there must be rules.
jr. member
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🚀🚀 ATHERO.IO 🚀🚀
November 08, 2018, 08:50:09 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?
I think it should be done because accepting bitcoin in every country means they accept that their economy will progress and many people will have an extra income by investing and using cryptocurrencies like bitcoin.
copper member
Activity: 180
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November 08, 2018, 07:54:06 AM
Probably, the authorities will want to make adjustments without it. In no way, such leaps will not translate to anything good for the government; they need total control of assets.
sr. member
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★Bitvest.io★ Play Plinko or Invest!
November 08, 2018, 07:52:25 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 is decentralized cryptocurrency so its hard to regulate and no one can control it even the government. I like that bitcoin will be accepted in all country and I think many people will not like it if there is someone who can control it.
member
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November 08, 2018, 07:26:28 AM
Yes ofcourse, it would be nice in some aspect. But lets talk about who's gonna regulate it? If bitcoin would be accepted, it will persuade other people to manipulate also, if that's the case it will have a positive effect to all of us (cryptocurrency manipulators) but it will enhance the chances of scams and other illegal transactions. If bitcoin will be accepted, the people behind the "regulation" should pay attention to those who were capable doing those illegal things.
member
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Decentralized Continuous Audit& Reporting Protocol
November 08, 2018, 07:19:46 AM
Bitcoin has already been accepted by many just that some people are just disputing the fact that its the best. Its regulation will come with so many manipulation and restrictions that might make a lot lose the pleasure in it. And i always ask myself is the regulation needed at all.
member
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November 08, 2018, 05:42:53 AM
We can't denied that bitcoin acceptance is quite increasing in some other countries, mostly in European countries. But there are other countries also planning to regulate bitcoin as this is one way of helping improves their economic growth of their society. So in this positive evolution of bitcoin it might be happen that bitcoin will have a great acceptance in the near future.
newbie
Activity: 28
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November 08, 2018, 05:07:43 AM
Bitcoin was designed to be decentralized avoiding control from any entities. Bitcoin has been accepted regardless of it being unregulated hence there is not a need to regulate it as we will then lose the democracy and freedom to control our own coins.
legendary
Activity: 3248
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November 08, 2018, 05:02:54 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?
Then it is better not accepted publicly. That's why bitcoin is still not accepted by all countries in the world now, they want to regulate bitcoin.
Regulation of bitcoin will make it going centralized, cryptocurrency should keep decentralized.
We can use btc privately without the acceptance of government, i guess this is the cause of massive btc usage in dark web.

But they can't regulate bitcoin, it's already regulated, all they can do is to try regulate bitcoin usage on their territory. Governments don't know how to tax it and how to control it, as long they don't know how to do that they will not accept bitcoin. There were attacks on decentralised bitcoin network before and this attacks will happen again, but final decision needs to come from people around the world, people will need to make a choice and to decide where will their trust go, to centralised or decentralised systems, and we have centralization and look where that brings us after so many years, rich people are controlling everything with help of centralization of government and banking sector, that slavery has to end.
member
Activity: 462
Merit: 10
November 08, 2018, 04:49:29 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?
Then it is better not accepted publicly. That's why bitcoin is still not accepted by all countries in the world now, they want to regulate bitcoin.
Regulation of bitcoin will make it going centralized, cryptocurrency should keep decentralized.
We can use btc privately without the acceptance of government, i guess this is the cause of massive btc usage in dark web.
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