Topic: Will bitcoin ever get regulated - page 7. (Read 1628 times)
The world is moving towards modern technology and invent many of new things. We use vehicle by petrol but tesla company introduced vehicle with batteries. And many if things like this and modern world need modern currency which will easy to use on everywhere and Bitcoin is regulated in some of countries but in future, the whole world will regulate Bitcoin.
Not really. Bitcoin prides itself for being decentralized. In other words, if the government were to regulated it, that could reduce the velocity of bitcoin and impact pricing / make it prohibitively expensive to use exchanges.
Bitcoin's velocity that decreases will cause our interest rates to seriously degrade, incorporate more price controls as well as increased costs in some exchanges and merge into centralized exchanges managed by the government, this framework is not legalizing bitcoin, this framework is becoming a crushing and drying machine for the people who work here. However, the regulation of bitcoin was never conceived as bitcoin had its own separation of rules and anonymization of so many things, all help it become an impregnable fortress and have not been afraid of the fire and power of the government 
Regulation of bitcoin is really a tough task. Different countries have planned and have formed teams to analyse and execute the regulation of cryptocurrencies. The usage of bitcoin around the globe have increased with time. This pressure up the governments around the globe to speed up regulating bitcoin.
Few countries have added bitcoin along with the gold, and has planned to tax bitcoin based on the transactions. For this the government need the database from the cryptocurrency exchanges. If this happens automatically users will move and look for other loop holes to skip taxation. This makes regulation of cryptocurrencies hard to implement.
Few countries have added bitcoin along with the gold, and has planned to tax bitcoin based on the transactions. For this the government need the database from the cryptocurrency exchanges. If this happens automatically users will move and look for other loop holes to skip taxation. This makes regulation of cryptocurrencies hard to implement.
This topic have taken the center stage of my thought we have seen how countries around the world are gradually opening the economy to adopt bitcoin and as a result a lot of government policies are already underway to develop a framework that allow regulation of the bitcoin ecosystem which have made me to wonder on this topic. Can a decentralized currency like bitcoin ever get regulated?
Bitcoin itself can't regulated because it is decentralized. Mostly regulation is focused on centralized exchange which something that they can control. But i think don't need to worry because as long it not made bad impact for users, people wouldn't care about it, especially a lot of DEX already launched. 
no one will ever be able to regulate bitcoin, because only we ourselves can regulate the bitcoins that we have, so bitcoin is getting more popular and more popular in all circles, so it's no wonder there are countries that have legalized bitcoin, because bitcoin has been proven to give us comfort ,and we can manage our own bitcoins...
can bitcoin be regulated, according to what I know and have experienced and am new, even I read some articles about bitcoin, bitcoin can not be regulated by any party, including the government itself can never regulate bitcoin, they can only regulate and control bitcoin exchange, that's how I think..
Not really. Bitcoin prides itself for being decentralized. In other words, if the government were to regulated it, that could reduce the velocity of bitcoin and impact pricing / make it prohibitively expensive to use exchanges.
Since Bitcoin is a decentralised currency, nobody can regulate it. However, it's access can be regulated to an extent by various governments to avoid frauds and its illegal use. For example, governments can introduce tough KYC approvals and bring strict policies related to cryptocurrencies, to regulate it indirectly.
every day we are moving towards centralization, to buy bitcoin using Fiat we use banks (banks are centralized) and then we use exchanges (exchanges are centralized) and then we trade in centralized exchanges or use in centralized casinos or buy something in store centralized online. it was inevitable that bitcoin in the end would be surrounded by centralization
I believe its a very hard thing at the moment, the world is about to know a lot's off changes on the political and financial level and governments will surly not have the attention to regulate bitcoin or even focus on that thing at the moment
Government does not regulate bitcoin entirely and bitcoin is like air, for you see the person that regulate air? If you can see an air regulator that means you can see bitcoin regulator wether government neither Satoshi, let us know that politicians ability to cryptocurrency is nothing 
As Bitcoin is fully decentralized by nature so it is not possible to regulate it. But we have to use broker or exchange to liquidate or trade our coin and most of the reputed exchange are centralized and required KYC documents to withdraw funds, that's why our Bitcoin can be regulated by the government or exchange. Since we don't have the private key, hence we don't have any control over our funds in exchange.
Since Bitcoin is a decentralised currency, nobody can regulate it. However, it's access can be regulated to an extent by various governments to avoid frauds and its illegal use. For example, governments can introduce tough KYC approvals and bring strict policies related to cryptocurrencies, to regulate it indirectly.
I don’t think so. In fact, bitcoin not being regulated is a major reason why people invest and trade it. I don’t see any chances of bitcoin getting regulated any time soon.
Investing in bitcoin is fine and it would be regulated because, in a country where dislikes bitcoin, they can implement a set of rules that will prohibit their people in investing in bitcoin. But that country alone cannot regulate the bitcoin network, they're just good at giving instruction on what people must not take but they cannot wholly stop the network that completely operates bitcoin. We're going to the point that each country that sees the possibilities of bitcoin will just accept it and regulate it all at once. Because if they ban bitcoin, it's not a good decision. 
I think that by nature Bitcoin should never be regulated, Bitcoin should not remain under rules to be used by people, that is the main legacy that Satoshi left us, neither governments nor third parties should regulate them, what happens is that in the type of society that we live where they fud Bitcoin everywhere, saying that it is a volatile and high risk asset, as long as people continue to faithfully believe in the news and in economists where they do not give btc cavities those things will continue to happen, and for the majority of people the traditional economy is the most reliable where there is security and control, that includes complete identity, that is, zero anonymity, for many that is the right thing to do.
This topic have taken the center stage of my thought we have seen how countries around the world are gradually opening the economy to adopt bitcoin and as a result a lot of government policies are already underway to develop a framework that allow regulation of the bitcoin ecosystem which have made me to wonder on this topic. Can a decentralized currency like bitcoin ever get regulated?
Maybe cryptos will regulate in future. Regulation could be a kind of KYC system through a government mediated wallet or maybe the exchanges will be regulated by a government body. Some are believe crypto can't to be stopped but it has to be regulated and they think regulations are good. When regulated risk issues of crypto is reduced, institutional investors are enter the crypto world, could get trade license and start a crypto related businesses so many people believe regulation is good for investors. Almost all countries welcoming crypto and every country accepts the facts that block chain technology is future. Every technology have both advantages and disadvantages so it should be regulated and govt will bring some actions to regulate it.
bitcoin can not be regulated, that's the reason many governments reject the existence of bitcoin,
However, the government can pressure the exchanges where they are sheltered by implementing KYC if they are going to make financial transactions with the central bank.
However, the government can pressure the exchanges where they are sheltered by implementing KYC if they are going to make financial transactions with the central bank.
I don't think it will ever be regulated, because as we all know, the system is decentralized and it is difficult for the government to enforce the rules of ownership.
however bitcoins can be regulated through financial channels such as existing exchanges and, as you may have noticed, decentralized exchanges are now not as decentralized as they were before.
The point is that bitcoin will not be regulated by anyone because bitcoin is a decentralized cryptocurrency
however bitcoins can be regulated through financial channels such as existing exchanges and, as you may have noticed, decentralized exchanges are now not as decentralized as they were before.
The point is that bitcoin will not be regulated by anyone because bitcoin is a decentralized cryptocurrency
Bitcoin will never be regulated because it's decentralized.
What can be regulated is the 3rd party entity or online wallets because they exist or operate to make a profit from transactions. Taxes exist because we do convert our bitcoin to traditional money, with that, we are required to pay taxes especially if we earn profit which we called as capital gain tax when paid to the government.
Regulation is happening already in countries where they accept bitcoin, but for countries who does not like bitcoin, they will just simply ban it and make it illegal for anyone who transact bitcoin in any form or purpose.
What can be regulated is the 3rd party entity or online wallets because they exist or operate to make a profit from transactions. Taxes exist because we do convert our bitcoin to traditional money, with that, we are required to pay taxes especially if we earn profit which we called as capital gain tax when paid to the government.
Regulation is happening already in countries where they accept bitcoin, but for countries who does not like bitcoin, they will just simply ban it and make it illegal for anyone who transact bitcoin in any form or purpose.
This topic have taken the center stage of my thought we have seen how countries around the world are gradually opening the economy to adopt bitcoin and as a result a lot of government policies are already underway to develop a framework that allow regulation of the bitcoin ecosystem which have made me to wonder on this topic. Can a decentralized currency like bitcoin ever get regulated?
No and will never, Bitcoin decentralization is also the reason why most government don't wanted to adopt this legally or becoming their legal tender because of this characteristics , they cannot control nor regulates the currency so why adopting?so in closer answer this cannot happen for bitcoin .
I don’t think so. In fact, bitcoin not being regulated is a major reason why people invest and trade it. I don’t see any chances of bitcoin getting regulated any time soon.
Yes that is the reason why we are all here because of our freedom capacity to act that government cannot intercept . I don’t think so. In fact, bitcoin not being regulated is a major reason why people invest and trade it. I don’t see any chances of bitcoin getting regulated any time soon.
Bitcoin can not get regulated but its services may undergo some form of regulation since some of its services require physical representations.The inability of the government to regulate Bitcoin is the major set back facing Bitcoin adoption.
I don’t think so. In fact, bitcoin not being regulated is a major reason why people invest and trade it. I don’t see any chances of bitcoin getting regulated any time soon.
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