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Topic: Is regulation really coming to Bitcoin ? - page 3. (Read 2613 times)

legendary
Activity: 1512
Merit: 1012
March 28, 2015, 05:01:59 PM
#9
they want try
they will fail
always

because it's not cash
because it's not centralised

because it's invented by human
not politics or business






Anonymous.





 Grin






sr. member
Activity: 518
Merit: 250
March 28, 2015, 05:00:21 PM
#8
I doubt this could even be possible - if the regulations come to the point where they will enforce the code, then there will have to be a radical change, I don't know - maybe some kind of hard-fork change, that we will all jump on because of faith or smth, but bitcoin CANNOT be allowed to be enslaved... Its natural purpose is to get rid of all centralized power and if it fails to deliver that - it has to shift to be able to...
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
March 28, 2015, 04:56:06 PM
#7
We do not know what the Bitcoin Foundation will be asked to do to the code (the BF pays the dev(s)), if the devs will "obey", and/or if the mining pools will be willing/able to fight against radical code changes.
legendary
Activity: 3248
Merit: 1070
March 28, 2015, 04:51:55 PM
#6
anon it's also coming to bitcoin, and we know those two things can't live together

100% regulation for bitcoin, cannot be achieved, and it shouldn't...
sr. member
Activity: 518
Merit: 250
March 28, 2015, 04:32:26 PM
#5
And I think it's just the beginning... And if regulations are fundamentally very harsh - bitcoin will not comply... Because it is not just about fees... It's about the idea... Of freedom... And about outgrowing the current system making it obsolete...
legendary
Activity: 2786
Merit: 1031
March 28, 2015, 04:31:01 PM
#4
Well, regulation isn't coming to bitcoin, businesses like exchanges now have proper regulation, like they should, they didn't invent a new thing, currency exchanges exist for long time and they have regulation to comply with, there's no good reason bitcoin exchanges to be exempt from it.
hero member
Activity: 821
Merit: 1000
March 28, 2015, 04:29:31 PM
#3
Does bitcoin itself need regulation? Questionable.
Regulated exchanges by all means until we see decentralised exchanges becoming more popular.
legendary
Activity: 1050
Merit: 1000
March 28, 2015, 04:21:28 PM
#2
i think it will be much hard to regulation the bitcoin because it demands much big network to regularized the bitcoin transaction.
Bitcoin means to way of freedom without any obligation to use and without any limit.
sr. member
Activity: 860
Merit: 423
March 28, 2015, 04:15:21 PM
#1
I was reading an article on Fortune.com and stumbled upon a quote...

Quote
We can divide bitcoin people into two camps, one that goes along with the existing system, and wants it to work complimentarily with the existing system, and then the other half is basically religiously opposed and wants to invent a libertarian, regulation-free world.

Source: Yes, regulation is coming to bitcoin

Would like to know the general community opinion about it...
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