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Topic: Will bitcoin Die because of global Regulations? - page 59. (Read 4582 times)

member
Activity: 392
Merit: 10
Most likely, governments will not prohibit bitcoin, most likely they will begin to lead the cryptocurrency markets, already now we see how large exchanges are bought.
full member
Activity: 826
Merit: 104
any regulation in crypto will not effect bad .i think global regulation will help bitcoin to reach in more people but definately some negative thing will come but btc will never die Smiley
btc is future.
full member
Activity: 658
Merit: 102
Regulation of circulation of crypto currency in each country by the state is inevitable. In general, this is good for the crypto currency, since without such regulation, the crypto currency will not be able to develop further. Such regulation can not in any way damage the crypto currency, and even more so destroy it. States can not in any way influence the decentralization of the crypto currency. They can significantly weaken its anonymity, forcing users to be identified on exchanges and exchangers. However, this does not affect the crypto currency itself. Therefore, one should not be afraid of the regulation of the crypto currency when deciding the issue of its legalization.
hero member
Activity: 1190
Merit: 534
I don't think so because Bitcoin has grown so big that it is out of control for the governments to ban it directly unless that ban the entire internet. In the government can only ban Bitcoin to fiat and vice-versa transactions so even, in that case, we will be able to trade Bitcoins for cash or even for the individual banking transactions and hence it will never affect the existence of Bitcoin. Currently, the regulations and media reports might affect the goodwill of Bitcoin and it might also be the obstacle to the mass adoption due to lack of awareness among the general public.
hero member
Activity: 658
Merit: 503
Governments that foster free markets won’t over regulate cryptocurrencies. They’ll regulate enough to protect its citizens from fraud like scam ICO’s. They might go as far as to trying to eliminate privacy coins for tax purposes and stifle money laundering. But beyond that, they’ll sit on the side lines and let the cryptocurrency market grow and evolve. As for bitcoin, it’s up to the market whether it lives or dies.
newbie
Activity: 46
Merit: 0
It won't die because people in government also want to have bitcoin and all regulations are directed on restrictions in this sphere for ordinary people.
newbie
Activity: 48
Merit: 0
Governments that foster free markets won’t over regulate crypto currencies. They’ll regulate enough to protect its citizens from fraud like scammy ICO’s. They might go as far as to trying to eliminate privacy coins for tax purposes and stifle money laundering. But beyond that, they’ll sit on the side lines and let the crypto market grow and evolve. As for bitcoin, it’s up to the market whether it lives or dies.
full member
Activity: 448
Merit: 100
Though decetralization and anonymity are major features driving some people to cryptocurrency, a number of crimes have remained untraceable because of this. This is one problem I believe regulations will solve if done in the right way and not in a way that means hatred for cryptocurrency. It will eventually build confidence and attract corporate investments. Bitcoin will not die.
newbie
Activity: 126
Merit: 0
Most probably not!. The regulations are not a broad worldwide thing, bitcoin will gain more acceptance pretty soon.
legendary
Activity: 2170
Merit: 1427
regulation will make Bitcoin stronger, it will expose the illegal transaction
While it's quite easy to track people, it's impossible to differentiate between 'legal' and 'illegal' transactions without solid proof. Nothing will change in that field.

it will also avoid the market manipulation
Stock markets and other traditional assets are subject to daily manipulation, and that while these markets are extremely regulated, but no one here talks about it. It's always Bitcoin being put in the corner. Roll Eyes

and void market capital data
I don't really understand what market cap (think that's what you meant?) data has to do with this.

but in my own point if view bitcoin regulation will also market the bitcoin user vulnerable.
People have two options they can choose from; 1) to verify and accept that your personal information is compromised and stored on whatever servers for ever. 2) to avoid dealing with anything that's centralized. You can somewhat balance things out a bit if you don't want to choose, but avoiding central services is always the best option, but one that people don't see as such yet. It will come eventually. Wink
newbie
Activity: 154
Merit: 0
bitcoin is decentralized . it is distributed throughout the world . the government cannot ban it . it can trade freely through the internet . some countries now control the exchanges . but decentralized exchanges have become popular . the government's influence on bitcoin will be getting smaller and smaller .
newbie
Activity: 224
Merit: 0
This will happen, I have a mind everywhere there will be rules for crypto currency. Just in every country in its own way. He will not die of this, but he will have to obey.
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
Regulation doesn't always have a bad effect, sometimes if it is applied by thinking about the future, the regulation itself will help to strengthen the bitcoin. Currently the status of bitcoin in some countries is still unclear. If all countries have been clear about their attitude to bitcoin, access to bitcoin will be much smoother because the function of the regulation is actually managing, arranging a thing to order by procedure.
member
Activity: 364
Merit: 13
It is naive to think that there will be no regulations when people start to use cryptos more and more.
The question is how strict the regualtions will be.
In naycase i dont belive that it can kill btc, people will use btc nevertheless.
hero member
Activity: 1834
Merit: 566
No, quite the opposite. Regulation will help Bitcoin on a long term basis. It will make it stronger and more accepted, especialy when businesses are involved.
Germany is just one of the positive examples but I beleive that many countries, especialy in Europe will follow.
We don't have to be afraid of regulation it can help Bitcoin grow and attract new users who will feel more protected.
Yes, regulation will make Bitcoin stronger, it will expose the illegal transaction, it will also avoid the market manipulation and void market capital data but in my own point if view bitcoin regulation will also market the bitcoin user vulnerable.
full member
Activity: 602
Merit: 100
It is the market, friend. And the media. So they work. It's a big deal. It is not necessary at the time of the fall of the market, to take the news to heart. This is all temporary.
jr. member
Activity: 188
Merit: 1
Bitcoin can never die. Those regulations can not stop it
full member
Activity: 658
Merit: 102
One can say with certainty that the crypto currency will not die from its global regulation by various states. Crypto-currency state regulation on the contrary, is necessary for its further development. So, we can already see that Germany recognized the crypto currency as a means of payment and freed any transactions with the crypto currency from paying taxes. France recently significantly reduced the tax rate on the crypto currency. So far there are no critical situations for crypto currency in any country that would arise from state regulation.
full member
Activity: 233
Merit: 100
The total global debt reached a historic high and could lead to a financial disaster. According to Newsbtc, some experts believe that the answer to the approaching financial catastrophe may be bitcoin. At the moment there is no more detailed information and experts refrain from any detailed explanations and forecasts
full member
Activity: 257
Merit: 100
bitcoin can "collapse and die" because of a global network failure, arranged by someone or caused by natural or man-made disasters, which do not seem so unlikely that they could be neglected, - users note in the comments.
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