Was thinking about how worldwide the cryptocurrency will be regulated. I think there will come exhange offices (run by the governments) where people can exchange them for money (or state obligations), in this method, they can automaticlly settle the tax over the transfer. I think this is the only way how governments will be satisfied, of course 95% of their concerns are tax related and not about criminal transactions which government officials state a lot, this is just an excuse.
How do you all think about this? I hope the regulation will be settled soon, because this uncertaintity damages the cryptomarket too much, it is time for a more steady course without legal concerns.
But that is only going to work if people do not accept bitcoin directly, that system is going to fail when people begin to make transactions for physical goods in exchange of bitcoin, at that point any attempt to control bitcoin will fail, they may try to ban the usage of bitcoin as legal tender but if they do they will be shooting themselves in the foot since not all countries will do that and those countries will benefit from the consumption of bitcoin users. How do you all think about this? I hope the regulation will be settled soon, because this uncertaintity damages the cryptomarket too much, it is time for a more steady course without legal concerns.
