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Topic: European Union official suggests that Bitcoin will not be regulated - page 3. (Read 421 times)

sr. member
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Regulators in Europe have tried to pressure the European Commission to put Bitcoin under a magnifying glass in one way or another. However, there are other characters that sometimes make us believe that these efforts are over, at least for now.
Source? Because if anything the evidence suggest the opposite, governments are more and more interested in regulating bitcoin and cryptocurrencies just look at what happened in this year, China banned icos and the US won a case against coinbase and in my opinion this is just the beginning, we are going to see more actions like these in the next year.
full member
Activity: 126
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Well those are good news after all, we have heard so much fud from the asian countries and that was scaring a lot of people.. when is the price going to go up again? i dont understand why the whole world is now trying to spread fud
newbie
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It should not,even in areas where bitcoin isn’t considered illegal, any regulatory hurdles will inevitably hamper innovation.   The entire cryptocurrency ecosystem, both legal and otherwise, is evolving so quickly that government regulations can’t even keep up, let alone plan. Legislators are now preparing to make rules for circumstances that have no precedent, that can be hard to understand in their current form, and that will likely not exist tomorrow.
 Bitcoin requires a whole new way of thinking, and a much more flexible approach from governments, to allow it to develop legally within the free market and to bestow its benefits on the world’s citizens.
full member
Activity: 490
Merit: 136
i cannot see how bitcoin can be regulated.
i think its impossible to prevent people from buying into it.
they may look to collect tax revenue from people liquidating crypto into fiat but im not sure how that  can be done because of the unregulated nature of crypto.
sr. member
Activity: 2604
Merit: 338
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Regulators in Europe have tried to pressure the European Commission to put Bitcoin under a magnifying glass in one way or another. However, there are other characters that sometimes make us believe that these efforts are over, at least for now.

Yeah it is highly impossible to regulate the use of bitcoin because it is anonymous and there is no way to trace the usage of bitcoiners.So no government can put rules and regulation for using bitcoin.

That just simply isn't true. There are actually people that have professions of tracking within the blockchain, and they sure as hell do a pretty good job cause most people don't do their due dilligence when it comes to using Bitcoin as they don't even make it more secure for themselves. Bitcoin can be made more secure and anon, away from the watchful eye of people who want to know what you're doing -- but it isn't easy.

Bitcoin will be regulated heavily, but only when itis something that is hurting the big powers.
I agree which there are really people who are capable on tracing up transactions since all tx on blockchain can really be traced up on where those funds go but I don't know on how they do it but its really a possible thing.
Back to topic, Its not really already surprising for me for this kind of news which a new country would tend not to adopt or regulate bitcoin which I do really understand their part since they do already saw on the things that would happen if they would accept bitcoin.
member
Activity: 161
Merit: 12
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Regulators in Europe have tried to pressure the European Commission to put Bitcoin under a magnifying glass in one way or another. However, there are other characters that sometimes make us believe that these efforts are over, at least for now.

There will always be a push by those within government for greater regulation on bitcoin but the simple fact is that it is very difficult for them to control it. They are missing out on big tax revenue which is their biggest concern. In time I'm sure we will see them implement something in some way but it will take a while before they figure out how to do it and then even more time for it to be put in to place.
legendary
Activity: 1666
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Flying Hellfish is a Commie
Regulators in Europe have tried to pressure the European Commission to put Bitcoin under a magnifying glass in one way or another. However, there are other characters that sometimes make us believe that these efforts are over, at least for now.

Yeah it is highly impossible to regulate the use of bitcoin because it is anonymous and there is no way to trace the usage of bitcoiners.So no government can put rules and regulation for using bitcoin.

That just simply isn't true. There are actually people that have professions of tracking within the blockchain, and they sure as hell do a pretty good job cause most people don't do their due dilligence when it comes to using Bitcoin as they don't even make it more secure for themselves. Bitcoin can be made more secure and anon, away from the watchful eye of people who want to know what you're doing -- but it isn't easy.

Bitcoin will be regulated heavily, but only when itis something that is hurting the big powers.
sr. member
Activity: 812
Merit: 250
Regulators in Europe have tried to pressure the European Commission to put Bitcoin under a magnifying glass in one way or another. However, there are other characters that sometimes make us believe that these efforts are over, at least for now.

Yeah it is highly impossible to regulate the use of bitcoin because it is anonymous and there is no way to trace the usage of bitcoiners.So no government can put rules and regulation for using bitcoin.
The Indonesian government is also beginning to fear the development of Bitcoin today, it is very dangerous if people do not understand the risks of investing with Bitcoin.
2018 is a bad day for Bitcoin users in Indonesia.
and who next ..
full member
Activity: 1106
Merit: 166
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Regulators in Europe have tried to pressure the European Commission to put Bitcoin under a magnifying glass in one way or another. However, there are other characters that sometimes make us believe that these efforts are over, at least for now.

Yeah it is highly impossible to regulate the use of bitcoin because it is anonymous and there is no way to trace the usage of bitcoiners.So no government can put rules and regulation for using bitcoin.
newbie
Activity: 350
Merit: 0
Regulators in Europe have tried to pressure the European Commission to put Bitcoin under a magnifying glass in one way or another. However, there are other characters that sometimes make us believe that these efforts are over, at least for now.
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