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Topic: Bitcoin global regulation - page 6. (Read 2781 times)

sr. member
Activity: 798
Merit: 253
August 25, 2018, 06:13:03 AM
Bitcoin is not global control. Its control is only used by user.😊
This is true, bitcoin is totally free from all kind of regulations, government has no link with them still it is growing, because bitcoin has anonymous nature, only the user can know about it if you will have high amount of money so people will surely look at your wallet and they will know about your saving for future but if you are using bitcoin then trust me no one will be able to keep bad eyes on your money.
member
Activity: 252
Merit: 10
August 24, 2018, 05:38:09 PM
rules or regulations for bitcoin should not be too needed because actually bitcoin was created because it has a mission to not be able to control the price of any bitcoin but there are so many who ask about regulation because it is used to buy something you want in your country.
That's a funny question. Bitcoin is still bitcoin it does have any other control. By itself it persists and the value increases or decreases with the fluctuation of the market.
newbie
Activity: 29
Merit: 0
August 23, 2018, 03:24:14 AM
Bitcoin is not global control. Its control is only used by user.😊
legendary
Activity: 3346
Merit: 1191
August 23, 2018, 03:12:48 AM
Define bitcoin as currency: Australia, Sweden.

It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.

Clearly identified as legal means of payment: France, Japan.

Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.

The first country to recognize the legal status of bitcoin: Germany.

The first country to block bitcoin: Thailand (now a changed attitude)

ICO's country: China, South Korea.

Countries with positive attitudes to ICO: Russia, France.


Japan: embracing reform, licensing, and overall regulation.

Japan, as an innovator in this reform, has been on the cutting edge.

I doubt the possibility of a global consesus on the adoption of Bitcoin and other Crypto-currencies any time soon. There is a way crypto and the blockchain will bring trust and normalcy to the financial system, that some governments wouldn't want because of personal gains. Also, The fact that it could also help curb illegal hoarding of funds doesn't appeal to some individuals. However that doesn't stop the rest of us from embracing the currencies of the digital world. Some countries have gone viral already on the use of Bitcoin. Time awaits the economical boom of these countries in few years time.

Why you doubt on global consensus? If most of the advanced countries adopt it, all others will have to follow, if they don't they will stay behind. That economic boom will be connected with crypto, there isn't any other way, look at this list, after only 9 years of bitcoin come to this, from zero to here in very short period, what prediction we can make for 2030? If you say that crypto can bring more trust in global financial system that will be recognized and that will benefit all the people in the world. Current system is run by minority, few people are very rich while hundreds doesn't have for food and water, with fair distribution, with more trust all the people in the world can live better, and that's why crypto will win the race, it's just the matter of time. Countries lik ilIndonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan can't hold global progress, people there will fight against it, world will help those people and they will have to change their system's.
sr. member
Activity: 658
Merit: 250
August 23, 2018, 12:37:59 AM
rules or regulations for bitcoin should not be too needed because actually bitcoin was created because it has a mission to not be able to control the price of any bitcoin but there are so many who ask about regulation because it is used to buy something you want in your country.
full member
Activity: 448
Merit: 100
August 22, 2018, 11:59:54 PM
the earth has become incredibly accustomed to bitcoin orders in addition to digital currencies. I really like that. incredibly swift increase within the last 24 months. that is great while using the rising volume of shareholders exactly who undertake bitcoin. along with the bitcoin selling price lower. objectives generally mature as soon as many shareholders continue to undertake with thousands.
newbie
Activity: 174
Merit: 0
August 22, 2018, 04:19:33 PM
Since Bitcoin operates as a decentralized currency away from the controls of banks and governments, it’s often been the victim of negative press. Whilst articles from Vice that aim to show how it can be used for relatively normal purposes may be well-meaning, they still tend to feature the cryptocurrency against a backdrop of black market mechanisms.

It’s this perception that Bitcoin is primarily used on the Dark Web that compounds the perception that it is mainly used for drug trafficking and the sex trade, and until that changes, the Bitcoin symbol is unlikely to appear on our supermarket chekkckouts.
newbie
Activity: 174
Merit: 0
August 22, 2018, 04:16:28 PM
Define bitcoin as currency: Australia, Sweden.

It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.

Clearly identified as legal means of payment: France, Japan.

Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.

The first country to recognize the legal status of bitcoin: Germany.

The first country to block bitcoin: Thailand (now a changed attitude)

ICO's country: China, South Korea.

Countries with positive attitudes to ICO: Russia, France.


Japan: embracing reform, licensing, and overall regulation.

Japan, as an innovator in this reform, has been on the cutting edge.

I doubt the possibility of a global consesus on the adoption of Bitcoin and other Crypto-currencies any time soon. There is a way crypto and the blockchain will bring trust and normalcy to the financial system, that some governments wouldn't want because of personal gains. Also, The fact that it could also help curb illegal hoarding of funds doesn't appeal to some individuals. However that doesn't stop the rest of us from embracing the currencies of the digital world. Some countries have gone viral already on the use of Bitcoin. Time awaits the economical boom of these countries in few years time.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
August 21, 2018, 02:20:38 PM
actually bitcoin cannot and will never be able to be circulated by regulations in every country, this bitcoin movement should be free purely from the influence of buyers and sellers, so this regulation is not needed in some countries that are already aware of blockchain technology and this bitcoin currency.

I can't agree with that. Regulation is not about centralization or control but about legal regulation in sense of legal and illegal and to give users some kind of security. To my opinion this is the main point and that is not bad. Try to see some positive aspects that are for good of all of us.
copper member
Activity: 376
Merit: 1
August 21, 2018, 01:33:09 PM
Global regulation of bitcoin is almost impossible, Bitcoin is different from the fiat currency that is bankable and affected by global policies. Again it will be difficult for all the world countries with different ideologies to have a unified policy to monitor and regulate Bitcoin, Bitcoin on itself being decentralized almost makes it impossible
newbie
Activity: 98
Merit: 0
August 21, 2018, 12:25:32 PM
 I believe there are so many countries that are actually not officially regulating it yet while just few are. Comparing the number of those who have just been silent on the whole thing, I believe they are more than those who are even condemning it. The thing with regulation for sure is that it would bring in new level of growth as we get to see more potential investors coming in.
hero member
Activity: 1596
Merit: 502
August 21, 2018, 05:42:20 AM
actually bitcoin cannot and will never be able to be circulated by regulations in every country, this bitcoin movement should be free purely from the influence of buyers and sellers, so this regulation is not needed in some countries that are already aware of blockchain technology and this bitcoin currency.
newbie
Activity: 26
Merit: 0
August 21, 2018, 03:40:49 AM
There are certain facts about Bitcoin that makes it unattractive to mainstream investors. I think it's one of the reasons this year has been a tough one. Surprisingly, in spite of the good news spilling in from some angles, the prices keep dropping. So, this might mean that the problem might be different from what we are used to. And I think this is why we might need a little different approach. More and more people need to be able to trust the market and the currency. This is where government regulation might actually play a role. Many will just feel better investing in something backed by the government. Of course, it may be otherwise with some people.
member
Activity: 434
Merit: 10
August 20, 2018, 05:03:49 PM
There are many countries that are still neutral on bitcoin transactions and have not decided whether it is legal or illegal. Large countries have many who legalize bitcoin and i think slowly small countries will follow in their footsteps if big countries have said that bitcoin or cryptocurrency can be profitable in financial terms. There is no problem so far, I think, the problem is only with the crypto market, where there are too many negative issues spreading about the crypto market so that there will be new problems in every fall of the market.
It is difficult to say all the feelings. When the market is less known, it is still strong. And when it is known, it is no different from the gold mine. They fight each other and do not think about the general community. This leads to many negative impacts on the market. There is a change in thinking when participating. No matter where.
jr. member
Activity: 275
Merit: 1
https://customcontract.network
August 20, 2018, 01:36:47 PM
The existence of the bitcoin anyone stuck with rules that are applied in each country, a lot of interest in bitcoin and easy it is to get botcoin sometimes to legalize a digital money is still stuck with the existing regulations.
newbie
Activity: 70
Merit: 0
August 20, 2018, 08:38:55 AM
Don’t really know where that will go as there are not every one accepting it.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
August 20, 2018, 06:24:16 AM
There are many countries that are still neutral on bitcoin transactions and have not decided whether it is legal or illegal. Large countries have many who legalize bitcoin and i think slowly small countries will follow in their footsteps if big countries have said that bitcoin or cryptocurrency can be profitable in financial terms. There is no problem so far, I think, the problem is only with the crypto market, where there are too many negative issues spreading about the crypto market so that there will be new problems in every fall of the market.
newbie
Activity: 90
Merit: 0
August 20, 2018, 05:59:53 AM
Every country has its own authority to regulate the financial regulation of the country and it is absolute. But if the financial activities in many countries have changed and there are many crypto users then every country must consider this for the future in order to smooth trade and other activities between countries of the world
newbie
Activity: 32
Merit: 0
August 20, 2018, 05:53:44 AM
The global regulations will be a dream and you cannot really rely on that.
newbie
Activity: 106
Merit: 0
August 20, 2018, 04:22:50 AM
There are just two countries that have acknowledged it so far.
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