Topic: Government regulation of bitcoin - page 8. (Read 2869 times)
The government have negative and positive effect if they are legal the bitcoin in their country, I am from Indonesian and my government claim bitcoin is ilegal virtual money so they are not give the access bitcoin in Indonesia so many people think one more time if wanna join bitcoin but it have positive effect, why, there are a lot off fee if my government legal the bitcoin some effect if wanna sent 1 bitcoin so we will only received 0,9 bitcoin my government legal the bitcoin, they need more fee.
Government regulation will help Bitcoin to grow to next level. More people will know it and use it.
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 ?
Not important I think no problem,I can't anything from my government.I make money from the results of my own sweat,the government in my country busy corruption is not thinking about its people.The economy in my country is increasingly expensive and strange,I get nothing from government policy.Important government regulation for bitcoin if the government is willing to legalize the bitcoin I'm support,but if to prohibit BTC it is the same as inviting civil war.
That depends on which country is making regulation on Bitcoin and the popularity of BTC in that region, the impact which Crypto-currency community will face due to the regulations implemented will vary according to which country decided to regulate Bitcoin.
whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
I dont think bitcoin can be regulated easily by any government, because bitcoin is a stand alone currency and it has impact around the world. The only capability to do such regulation if whether some or every countries joining hands and created a regulation for every cryptocurrency, surely tax will be an issue because everyone wants that piece of cake 
whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
There isn't any negative impact of it because regulating will restrict the misuse and illegal use of bitcoins which was the major fear for governments. The good thing is bitcoin is legally accepted now in most of the countries, so it will grow more as more people will get involved in it after its legalization. 
It all depends on what you mean by regulation. Governments can regulate exchanges which may drive up fees but offer a safer (insured) trading platform. If a government chooses to outlaw BTC it would obviously hurt the adoption rate but they can't stop the use of it, that is the whole purpose of decentralization.
It will be difficult for the Government to make regulations about the bitcoin, currency is a major problem for the country so that the Government will not be rash to determine and legalize bitcoin.
And governments are not legalizing bitcoins only for the reason that it is decentralized. Governments always prefer and initiates the regulation processes of such projects or factors that are ultimately under their command. Maximum governments know better the profits of bitcoins but only they are not legalizing just because they can’t control it.
whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
regulations is definitely not crucial to bitcoin survival. bitcoin as a decentralized currency can and will continue to function and live without any government's consent.
but the regulations can have a positive effect on bitcoin's adoption. more merchants can feel safer accepting bitcoin. more people can feel safer using bitcoin too. and that is all helpful to the growth in long term.
Now the only thing the government can do with Bitcoin is to ban it. But since Bitcoin does not carry any threat, I think that this will not happen.
Totally correct ,governments able to do banning only , even that not succeeded with China. take a look at bitcoin markets now I think it will hit 5000$ at same date 30 of this month. whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
Given that regulation of bitcoin means that bitcoin exchanges are better managed and licensed by the government then i'm all for it and in my opinion does good for the bitcoin ecosystem. However, we have seen examples where regulation has turned into bans(China).
Bitcoin can survive without any government regulation.
Bitcoin is a bit like self regulated. The rules of the network is enforced by every single person on the network.
The only objective of the government about bitcoin is that they want some share in it.They want tax for every transaction,this is good if you have a good government that is not corrupt.We know that taxes is used for the good of there country.
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 impact to the market . For sure there will be a high transaction fee for every transaction made and they will always be keeping an eye to those with big transaction. Bitcoin is created because we can transact anonymously and hassle free(almost instant). Bitcoin can survive as it is self regulated.
i think government regulation will give good effect on Bitcoin, and if so then it is certain Bitcoin price will increase, we just have to wait until that moment ..
Now the only thing the government can do with Bitcoin is to ban it. But since Bitcoin does not carry any threat, I think that this will not happen.
whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
Given that regulation of bitcoin means that bitcoin exchanges are better managed and licensed by the government then i'm all for it and in my opinion does good for the bitcoin ecosystem. However, we have seen examples where regulation has turned into bans(China).
Bitcoin can survive without any government regulation.
Bitcoin is a bit like self regulated. The rules of the network is enforced by every single person on the network.
If the government took part in this bitcoin there would be pros and cons. If Bitcoin is legitimated in a country and makes the better prospects of bitcon, the community will do well.
I think it is hard for the government to conduct a regulation of bitcoin. Because bitcoin supposed to be a decentralized and government cannot controlled it. Yes there will be a pros and cons happen if regulation will take place. whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
In my opinion there should be no government regulation of bitcoin any time in Bitcoin's life. Bitcoin was created to against the normal government regulations, not to be controlled by it. If governments had complete control over Bitcoin, it would just become another version of fiat, a digital version with no decentralised nature.
If the government took part in this bitcoin there would be pros and cons. If Bitcoin is legitimated in a country and makes the better prospects of bitcon, the community will do well.
It will be difficult for the Government to make regulations about the bitcoin, currency is a major problem for the country so that the Government will not be rash to determine and legalize bitcoin.
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