whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
It depends on the kind of regulation we are talking about if we are talking ab out banning that is going to have an effect but after that there is nothing to do so I doubt they are going to try that route, I think they are going to try to put all kinds of regulations to make more difficult to the average person to get bitcoin but that is not going to work either and people will keep using bitcoin as they want it. 
Topic: Government regulation of bitcoin - page 5. (Read 2869 times)
The good thing about bitcoin which is in favor to its users is that no government can have the right to control bitcoin only users have the full control over their earnings they can do transactions without anyone checking it also even in other country they can use bitcoin. As long as the government don't have any regulation with regards to bitcoin everyone will be free to whatever they like
whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
I think for us who earned money with bitcoins it will have negative impact. For example, bitcoin doesn't have tax yet so if ever government try to impose tax on every bitcoin you make it will be really a pain in the *ss since we know that some governments are too greedy when it comes to money and they may charge a really huge tax. So basically what I am saying is that, no matter how much you earn even if they taxed you for it, still only certain amounts are gonna be paid. You are going to have a lot of profits just like you used to.
The only thing I think government will take an impact if they were able to control bitcoin is that imposing tax on earnings that we get surely the government would like to have the majority of bitcoin in the market to sustain their power and to have control over the economy's wealth
You are right, and this thing will be so bad for bitcoin community, because when the governments make some regulation to bitcoin maybe it will affect bitcoin too much. Bitcoin is more good than to be controlled by government, because it will be some rules and bad things..., Futhermore, I see that bitcoin is more better if it will be like that. 
Some Government has drawn its attention to all banks and other financial institutions to Bitcoin.Government require the following regulations namely:
1 :Ensure that you do not use,hold, trade and/or transact in anyway in cryptocurrencies
2: Ensure that existing customers,that are virtual exchangers have AML/CFT control.
3:Relationship should be discontinued if banks and financial institutions are not satisfy with the control of transactions.
This virtual exchangers includes bitcoin.
1 :Ensure that you do not use,hold, trade and/or transact in anyway in cryptocurrencies
2: Ensure that existing customers,that are virtual exchangers have AML/CFT control.
3:Relationship should be discontinued if banks and financial institutions are not satisfy with the control of transactions.
This virtual exchangers includes bitcoin.
whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
If the current government in my country will regulate bitcoins now, I will be annoyed. Because I don't think they won't try to tax bitcoins and more paper works whenever I would trade it to fiat money. Then they will likely required me to tell my personal information to create a database which I doubt would be protected from hackers. I remember last time, the department body that facilitates the election and related stuff was hacked and the personal infos of some citizens where leaked. So I won't trust them the future of my investments.
Government regulation is good and bad. Good because it brings in a ton of money, but bad mostly because the chokepoints (companies mostly) will be forced to hold data and bypass a reason why bitcoin is good.
whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
It will have a negative effect to Bitcoin for sure. You have just seen how china shook bitcoin, albeit very temporarily. But the more interesting part here is that it will give a more negative effect to the government that is imposing the regulation itself. Bitcoin is designed to stay away from centralized authority. Government regulation is centralizing what was invented as a reaction to it.
Government regulation of Bitcoin will always be a non-factor. If anything it'll actually make Bitcoin more resilient in the long run as more and more people realize it's for them, and not FIAT $.
The only thing I think government will take an impact if they were able to control bitcoin is that imposing tax on earnings that we get surely the government would like to have the majority of bitcoin in the market to sustain their power and to have control over the economy's wealth
all things must have positive and negative sides. the positive, we learn to hold back and be grateful that although not legalized, at least bitcoin is not banned in my country. On the downside, it is very difficult to use bitcoin technology because the rule is obstructed.
Some core elements of future cryptocurrency regulations we may see in the future:
1. It is almost sure that government intervention in the cryptocurrency is inevitable, it is only matter of time.
2. Government officials think that bitcoin is too unpredictable and hard to tame ATM, and it needs to be changed to bring it in line with other payment systems.
3. We may see even changes to the core bitcoin protocol, for example: regulators will try to add identity information to bitcoin transactions and will try to make it possible to blacklist funds.
1. It is almost sure that government intervention in the cryptocurrency is inevitable, it is only matter of time.
2. Government officials think that bitcoin is too unpredictable and hard to tame ATM, and it needs to be changed to bring it in line with other payment systems.
3. We may see even changes to the core bitcoin protocol, for example: regulators will try to add identity information to bitcoin transactions and will try to make it possible to blacklist funds.
whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
I think for us who earned money with bitcoins it will have negative impact. For example, bitcoin doesn't have tax yet so if ever government try to impose tax on every bitcoin you make it will be really a pain in the *ss since we know that some governments are too greedy when it comes to money and they may charge a really huge tax.
Sooner or later governments will develop tracking software to make sure people pay tax on crypto!
Goverments can try to do whatever they want but they can't stop people from moving their bitcoins, it is impossible thanks to cryptography and private and public key encryption.
They can't do anything about the network, but they can make it next to impossible to cash btc out to fiat if they would want to.
Goverments can try to do whatever they want but they can't stop people from moving their bitcoins, it is impossible thanks to cryptography and private and public key encryption.
whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
I think for us who earned money with bitcoins it will have negative impact. For example, bitcoin doesn't have tax yet so if ever government try to impose tax on every bitcoin you make it will be really a pain in the *ss since we know that some governments are too greedy when it comes to money and they may charge a really huge tax. 
Bitcoin is a decentralized currency so some county has legalized the bitcoin and some of them still under regulation, no one can ban the bitcoin because of it's decentralized currency.
it is not a panicked issue for all of us, I think governmental regulation should be welcomed because of getting the legal and transparent purpose. I think governmental regulation enhances the credibility of the people. so it will carry a goodwill for it.
State regulation will have a negative impact on bitcoin only a short time. So it was with China. If you store bitcoins for six months - a year, you will see only growth and profit, no matter how hard they try to settle it.
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