Topic: Bitcoin must be regulated! - page 3. (Read 2409 times)
Well it might be if you are from country in which government use tax generated from the citizen to develop the city and bring comfort to everyone but for someone like us from country where government care less about the masses, where public funds and treasury are being looted, where you become enemy of the government if you are making progress. I do not want it to be regulated. bitcoin has put smile on the faces of the people than the government. it has created more job in a year than what government has done in 10 year.
Bitcoin is no way near what we should think of regulating because it has a very good reputation and can not disappear like other altcoins that are mostly centralized and run by individual , government need to only regulate the new and ico that are just coming up to seek funds raising from public in other to ensure the safety of Investors funds.
I think that Bitcoin and cryptocurrencies are waiting for a lot of regulation in the future. The government will try to control Bitcoin.
Well the reality is that government will or would not control the bitcoin cause for some reason why i like the most about bitcoin is that , bitcoin is very decentralized that no one can even control bitcoin, for the future reason i like to think that bitcoin will be much more than i expected. As you can see some of the country has been regulated bitcoin as their second currency, like bitcoin can positively served as a payment, and can't wait to try it, looking forward for the success of bitcoin.
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
You are wrong. Bitcoin is not stock. Also it is not a tool for earning and making profit.
Bitcoin is a decentralized payment.
I believe bitcoin can not be regulated because nobody can control it. Bitcoin is decentralized cryptocurrency. If it is regulated then it lost its basic core principle.
right your word must be arranged so that it can run properly and not only people carelessly use and misuse in my opinion must be developed and there are rules that apply
Well, I think you have some wrong info about Bitcoin, may be you don't know Btcoin much. You should spend some time learning about what Bitcoin actually is. You don't need to struggle, just watch the Bitcoin thread for a while, also, please try to spend a few minutes on prominent sites like news.bitcoin.com, coindesk.com, etc.
Actually, if there is anyone that can control or manage Bitcoin, that's must be central banks or governments. But the problem is not any state banks or governments like Bitcoin and like it. They even see it as a threat to their financial system. When the banks feel the pressure from a decentralized system, that's when banks will use their influence and money to ban it. In the next coming years, you will see governments banning crypto in many part of the world. Governments always look after the banks.
Many people, not just the wealthy, have gone to great lengths to ensure that governments have no control over Bitcoin. The only amount of Bitcoin that can be controlled is what is bough. I can't see any individual or organisation trying to buy up all the bitcoin there worldly.
Hi,
However government looks to regulate BTC due to the harmful transactions that occur in dark web. That regulation must be full transparent and also it does not disturb crypto investors.
Thank you.
However government looks to regulate BTC due to the harmful transactions that occur in dark web. That regulation must be full transparent and also it does not disturb crypto investors.
Thank you.
I believe bitcoin can not be regulated because nobody can control it. Bitcoin is decentralized cryptocurrency. If it is regulated then it lost its basic core principle.
On the other side, the majority Blockchain developers do not approve the regulatory framework proposed by the government, as they think Blockchain will still reach to something significant in the long run.
Yes, I agree. with the existence of clear regulations about bitcoin, the users will be under clear rules and certainly will feel more secure and comfortable
As far as I know, Bitcoin can't be regulated because it was born decentralized and to lose the dependence of a method of payment on government. Even banks or governments can't control Bitcoin like fiat money. Spme countries had tried but they end up failing to effectively control Bitcoin, resulting in their semi-denial of Bitcoin.
No. I do not accept it. Because if that's so, bitcoin will not exist. Then investors are not investing in bitcoin. First, anyone should have faith in the coin first to invest. Therefore, if people manage this, people will not invest here. I think countries that use bitcoin should grant bitcoin submission. Investors are investing heavily in bitcoin.
Bitcoin is already being regulated in numerous countries around the world.
Some capable governments already saw that same thing about the current value and future possibilities of Bitcoin like the U.S. between others. This is only the beginning of a series of measurements that need and will be taken worldwide to regulate it and of course countries can get taxes out of it.
The only ones that don't like it no matter how good it is doing are the authoritarian regimes due to the decentralized nature of the currency itself and the possibilities it gives. I truly hope Bitcoin is the future and dictators who starve their own people, the past.
Some capable governments already saw that same thing about the current value and future possibilities of Bitcoin like the U.S. between others. This is only the beginning of a series of measurements that need and will be taken worldwide to regulate it and of course countries can get taxes out of it.
The only ones that don't like it no matter how good it is doing are the authoritarian regimes due to the decentralized nature of the currency itself and the possibilities it gives. I truly hope Bitcoin is the future and dictators who starve their own people, the past.
As Bitcoin is growing so fast, as you said that it needs to create regulation about bitcoin even though it seems contrary with the principle of Crypto currency. I say it because there a re a huge money here that also has high potential to be hacked or stolen. To anticipate and prevent it, it needs to build regulation that makes crypto and the user saver and secure.
How is about the other? I would to hear other voices about this topic.
How is about the other? I would to hear other voices about this topic.
The central bank should conduct targeted supervision on bitcoin regulation in response to the problem of illegally transferring assets using Bitcoin and leveraging the trading of bitcoin. In particular, strengthen supervision in anti-money laundering, financing and financing, etc. The finalization of bitcoin regulation is "legalization"
Although Bitcoin concept is all about decentralization and it may contradict the idea for it to be regulated, I guess somehow in the future some regulatory body will try to be implemented such as regulating new ICO projects and crypto trading. Crypto assets itself might hard to trace since it may have privacy and anonymity features. I guess regulation in some extent may be beneficial also such as to prevent scam ICOs to interfere the market eventhough its main disadvantage is to impose more fees and taxes.
I agree with you brother, thought not just bitcoin, the whole cryptocurrency should be regulated, because this is one of the reasons for the dip
I'm supposed to trust these governments that irresponsibly mismanaged fiat currencies, why? If you want regulation, stick to fiat fractional reserve banking. It's "digital" as well and it has the main feature you want. "Regulation". IMHO, there's nothing "regulated" about what these governments have been doing with our money...
This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
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