Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
that's why bitcoin is still illegal today. because no bitcoin can manage. bitcoin has been growing because everyone is very supportive of bitcoin, because it can benefit all people. such as investing and trading. and if the government has already begun to act, then bitcoin should start making new rules, or something like that.
Topic: Regulating Bitcoin - page 12. (Read 4669 times)
I think those who criticize only some people who do not know crypto. they are jealous of the development of bitcoin but they are afraid to take part in it because of the high risk. I think this part of the virtual world even we gamble has a very high risk of failure. and I think bitcoin will not get regulation.
bitcoin does have a high enough risk as well. because in achieving a success in bitcoin it is very risky. so any risk we still have to face.
Goverments can only regulate bitcoin to fiat exchange. Cause they can control fiat flow through banks.
But they cannot regulate bitcoin or any other blockchain based coins. Specially they will never regulate TOR based or Privacy based currencies.
This is just a dream of dictators.
Dream of dictators truly. That is what most people do not understand and they just keep kicking against the government regulation of bitcoin. Bitcoin still remains decentralized and cannot be controlled. The regulation here will only ball down to bitcoin-fiat which to me is normal and whoever prefers to go the P2P way, that is their choice. Adoption and regulation of bitcoin will even make more investors aware of the digital currency. But they cannot regulate bitcoin or any other blockchain based coins. Specially they will never regulate TOR based or Privacy based currencies.
This is just a dream of dictators.
Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
Wishing that someday ICO can be regulated by a certain organization so that Scam ICO can be determine easily. By that, Scam ICO can be Avoided.
but some of people may still be scammed, as those ICO using a currency which its nature is decentralized, it's like holding people from selling drugs but they still do it.
Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
We are already seeing it practically from some of the countries regulating it and we are going to see a lot of them in years to come. It is very possible, the activities surrounding it to some point can be regulated but it absolutely cannot be controlled and that one is for sure.The exchanges just like we are having in some countries are going to be at the forefront of the government's monitoring camera which I believe, no user in each country cannot do without.
Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
Wishing that someday ICO can be regulated by a certain organization so that Scam ICO can be determine easily. By that, Scam ICO can be Avoided.
Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
Its possible only if we promote it. Its all up to us how we spread the knowledge of bitcoins by using social media. But the fact is many people don't want to learn anything they're laziest enough that don't wan to learn NEW things. They're just addicts of talking people with chats and having fun.
If crypto currencies, or at least bitcoin gets regulated, it won't have the current value it has now. It will be losing one of its most important and key feature "decentralization". People use bitcoin because they have full control over their funds. But if the government starts to regulate bitcoin, people will start to lose their freedom over their funds.
Regulating Bitcoin are not possible because the bitcoin are unregulating one do only the government are not having capacity to manipulat the bitcoin because the security of bitcoin the few countries are use some ways to bitcoin and are crypto currency and so only in some other countries legaly using bitcoin.
Under the current terms of financial regulation in the West, there seems to be little room for cryptocurrencies precisely because of their decentralized and anonymous nature. However, the growth that is taking place in the market of the cryptos will be forcing in the coming years to the authorities to reconcile the financial and regulatory interests of governments with the undeniable demand for the cryptos that grows every day and whose potential is still enormous.
one way of possibly regulating them is through tighter rules on the exchange companies. PRoviding more documentation, tax codes etc. But hopefully this would encourage them overseas, but into safe dependable territories.
If crypto currencies, or at least bitcoin gets regulated, it won't have the current value it has now. It will be losing one of its most important and key feature "decentralization". People use bitcoin because they have full control over their funds. But if the government starts to regulate bitcoin, people will start to lose their freedom over their funds.
Regulating Bitcoin are not possible because the bitcoin are unregulating one do only the government are not having capacity to manipulat the bitcoin because the security of bitcoin the few countries are use bitcoin as a legalized currency and some are not make it as legal.If all the country accept Bitcoin means, Regulation of bitcoin is formed.
If crypto currencies, or at least bitcoin gets regulated, it won't have the current value it has now. It will be losing one of its most important and key feature "decentralization". People use bitcoin because they have full control over their funds. But if the government starts to regulate bitcoin, people will start to lose their freedom over their funds.
Regulate, yes but control, no. Don't belittle the government's power. Stricter KYCs and right set of laws will be the key to achieve an effective regulation.
Yes, it maybe regulate but bitcoin can never be regulated because it is unregulated that's why government don't have a capacity to manipulate of bitcoin, and that's the good about it.
not sure how it can be regulated... id rather not have any regulation of things like this. its my investment, my future
Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
One of the key features of bitcoin is decentralization. Why are critics at all climbing into it, if they do not like it? 
Regulate, yes but control, no. Don't belittle the government's power. Stricter KYCs and right set of laws will be the key to achieve an effective regulation.
Yes, it maybe regulate but bitcoin can never be regulated because it is unregulated that's why government don't have a capacity to manipulate of bitcoin, and that's the good about it.
I think regulating Bitcoin is very important. I guess it is really possible because the government allways want to have control almost certain things I and Bitcoin can include as well.that is why news about Bitcoin in our country ended up in beginning exchange and etc.but they still can't control Bitcoin,I think the are only solution for Bitcoin. So it's is very important
Of course it's possible. But to be able to set up a regulatory framework for Bitcoin is not easy cause the security of Bitcoin is very high, the only way to find out the owner of any transaction is detecting the IP address but it'll not work if the user has a good VPN software. Because of the security of Bicoin there are few countries banned Bitcoin but people live in these countries still have some ways to use Bitcoin and all other cryptocurrency withough being caught. For these reasons there are only few countries all over the world legalize Bitcoin as a local currency.
Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
It is true that all the critics are criticizing all crypto currencies for the regularization. As being a decentralized digital and virtual crypto currencies to get control of illegal acts is looking very hard although I am very hopeful that if a government show its intention to get control of these activities then it is looking a very easy job. 
In fact, most governments are lagging behind regarding "web" regulations, because the technology is evolving at a much faster pace than what is allowed by the process of law votng.
So, on the one side, we have bitcoin users, who do not necessarily wish to get regulation, and on the other side, traditional institutions that tend to be late on such matters.
Conclusion: general legislations and some basic regulations may happen soon. Yet, nothing truly about the core of bitcoin activities!
So, on the one side, we have bitcoin users, who do not necessarily wish to get regulation, and on the other side, traditional institutions that tend to be late on such matters.
Conclusion: general legislations and some basic regulations may happen soon. Yet, nothing truly about the core of bitcoin activities!
Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
that's why bitcoin is still illegal today. because no bitcoin can manage. bitcoin has been growing because everyone is very supportive of bitcoin, because it can benefit all people. such as investing and trading. and if the government has already begun to act, then bitcoin should start making new rules, or something like that.bitcoin is now legal on most countries even if its not regulated or have been manage by someone (i.e governments and banks ) and legality is not been measured or based on the one who manage it rather it depends on how bad or good can it affect the person or the economy. overall bitcoin does not need to regulate anymore because it was invented and intended to be decentralized.
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