Topic: Bitcoin Acceptance. - page 7. (Read 2400 times)
If bitcoin want to be accepted as a legal currency , they can lose some decentralized point, I just think that is quite good for the sake of government and users
The most important feature of Bitcoin or electronic money is decentralized. If you conduct a regular currency transaction, you need third-party verification while Bitcoin is based on a distributed mechanism with community-based authentication. It is difficult to make bitcoin difficult to ignore its nature.
Regulation is needed, government still need to take control to all type of economics activity. People will feel safer if Bitcoin is regulated by government, it's mean that indirectly government is agree that bitcoin is safe to use if people follow the regulations. This will make bitcoin acceptance grow among their citizens. But actually bitcoin still can be used even if without government regulation, many people now are thrust to bitcoin.
Yes, the government want to regulate Bitcoin but they don't, that's the reason why some countries haven't other option just to get banned Bitcoin due to that issue that probably used in illegal activities. But, instead directly have regulation in bitcoin they used it in creating a wallet to store Bitcoin which needs a KYC when we convert into cash.
If bitcoin gain recognition or accepted on a global platform on the ground of being regulated by the authorities, will no longer represent the core value of its purpose and also the regulation will distort it the power of decentralization. In my opinion. Bitcoin games are very useful for us. If we have experience, capital and can play market conditions so we can benefit.
Regulation is needed, government still need to take control to all type of economics activity. People will feel safer if Bitcoin is regulated by government, it's mean that indirectly government is agree that bitcoin is safe to use if people follow the regulations. This will make bitcoin acceptance grow among their citizens. But actually bitcoin still can be used even if without government regulation, many people now are thrust to bitcoin.
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?
As for now, there are a lot of countries who already accepted bitcoin as 3rd party financial payment. But still a small of a percent in world bans bitcoin because other people use for doing illegal activities. We are now leaving on digital technology so it obvious every 10 percent of people in whole places in the world knows bitcoin.
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?
What you mean?
Bitcoin is decentralized cryptocoin.
Government can regulated by laws only. This will not centralized.
If bitcoin will be accepted then it will be regulated. If it is possible that bitcoin will be accepted but the nature that it is decentralized should be maintained so that it will not affect greatly to its price because if they regulate it, I think people who earn money from it will have deducted stakes due to taxation.
Yes, Bitcoin is accepting so many platforms but I think this question relying on the downfall of bitcoin price that makes the peoples more negative thoughts otherwise bitcoin is widely acceptable and running for many platforms,
I agree. Bitcoin is acceptable in many country as used as new payment platform though many are disappointed on the fall without knowing that it is the chance of many to buy more volume. Bitcoin mostly banned because of using in illegal activities but many are depending on bitcoin also where it is become their source of income. Bitcoin acceptance make easier to used it everywhere. In my opinion. if bitcoin is accepted as a payment instrument in all countries, it must be regulated about regulation and security. in terms of the security of the user's data or the security of the transaction so that there are no hackers. it must be done for the convenience and security of bitcoin users. this will not affect the nature of decentralized crypto currencies.
indeed the rules made will make users comfortable and feel safe. but i think the nature of crypto is likely to be lost, so cryptocyrrency will look the same as we save money in the bank. there are no tides and lows it just seems to be stable, chances are that investors will lose their interest in crypto.
In my opinion. if bitcoin is accepted as a payment instrument in all countries, it must be regulated about regulation and security. in terms of the security of the user's data or the security of the transaction so that there are no hackers. it must be done for the convenience and security of bitcoin users. this will not affect the nature of decentralized crypto currencies.
When people gets to know how safe and easy it is to transact with bitcoin they will not have any option than to accept it.
Bitcoin should be accepted more widely and it is slowly happening, as with the regulations, regulation is happening slowly but surely it will continue to happen and with that also more acceptance will appear.
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 gets accepted, it will be a good news because most potential investors can join without any fear. However, the acceptance will come with strict regulations which will stabilize the price of Bitcoin for some time. This will interfere with its investment opportunity because it in from the volatility nature of Bitcoin that the price can move up incredibly to bring more profit to its investors. 
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?
Maybe what you mean here is accepted by the government. As it should be this is not regulated if the government can respect the original/decentralized nature of bitcoin. But all decisions will remain in his hands because they have a myriad of Prerogative Rights to regulate everything both from within and from outside the country. And whatever that form everything must be subject to policies that have been / will be made by the government.
Bitcoin can be regulated although it is decentralized. Certain inputs can be made so people are controlled under some laws as to how to operate with bitcoin, I believe this can easily be facilitated by the major stakeholders such as the various exchanges. This can help so certain people don't manipulate the market.
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?
How accepted? The bitcoin is accepting in many many place in the all around the world. Did you mean some where exact? Also the acceptance is rising every new day.. For general acceptance seems very difficult now. First of all USA wouldn't accept it in first place. I think we have to wait very long time for general acceptance..
Bitcoin acceptance is one of the things that they need to achieve which we need to focus or know on the regulation and safety of bitcoin. Whatever changes and regulation will surely affects bitcoin. Better start from acceptance before upgrading.
We all know that Bitcoin is a convenient world currency, and the blockchain is a practical, transparent technology that everyone likes. But this is not about this, but about how the regulation by any state of cryptocurrency operations will affect the crypto world. I don't know how it will affect the prices of coins, but I’m sure that it will make the cryptocurrency popular and used. Perhaps the promotion will increase the price of coins.
It is not clear who should acceptance Bitcoin.
In any case, Bitcoin is now accepted by many. Crypto enthusiasts and traders around the world have long enjoyed it.
Accepting bitcoins as a means of payment has several advantages for sellers and buyers. Commission must be paid by the sender; the seller pays nothing for receiving funds. The fee charged is significantly lower than that of traditional payment systems.
Bitcoin allows you to make payments around the world without being attached to any currency.
Bitcoin allows you to buy goods abroad, without being associated with currency conversion. It should be noted simple and convenient storage of coins.
Bitcoin is actively developing and in the future may become a common payment system. Unlike traditional bank accounts and payment systems, Bitcoin doesn't charge a monthly subscription fee or account maintenance fee.
Bitcoin technology can change and improve the world of commerce that we know now. It gives a number of advantages to both buyers and sellers. In the future, further improvements in security and other technical improvements can be expected.
In any case, Bitcoin is now accepted by many. Crypto enthusiasts and traders around the world have long enjoyed it.
Accepting bitcoins as a means of payment has several advantages for sellers and buyers. Commission must be paid by the sender; the seller pays nothing for receiving funds. The fee charged is significantly lower than that of traditional payment systems.
Bitcoin allows you to make payments around the world without being attached to any currency.
Bitcoin allows you to buy goods abroad, without being associated with currency conversion. It should be noted simple and convenient storage of coins.
Bitcoin is actively developing and in the future may become a common payment system. Unlike traditional bank accounts and payment systems, Bitcoin doesn't charge a monthly subscription fee or account maintenance fee.
Bitcoin technology can change and improve the world of commerce that we know now. It gives a number of advantages to both buyers and sellers. In the future, further improvements in security and other technical improvements can be expected.
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