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Topic: Will bitcoin go under regulation - page 30. (Read 211128 times)

newbie
Activity: 86
Merit: 0
August 01, 2018, 10:42:09 AM
I think in the near future we will see the first achievements. But I would like to include the society in the discussion of bills on cryptographic currencies. Because first of all, the socio-economic impact of digital money should be considered, and then - technological or financial.
member
Activity: 826
Merit: 10
August 07, 2018, 09:19:59 AM
Of course everyone hopes that bitcoin will soon get regulation, with the large number of users globally I hope to be immediately regulated so that it can avoid criminal users.
newbie
Activity: 56
Merit: 0
August 07, 2018, 09:09:18 AM
I don't see that ever happening, if it should be regulated then it has lost its decentralization that qualifies it to be what it is today. Governments will always fight for regulation but at some point they will have to give up on it because Bitcoin is simply a decentralized currency.
full member
Activity: 448
Merit: 100
August 07, 2018, 09:05:28 AM
Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
They are not what they can, they already regulate it in many countries. And in some cases, cryptocurrency is generally prohibited
newbie
Activity: 140
Merit: 0
August 07, 2018, 07:56:51 AM
Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

Bitcoin itself cannot be regulated, as in the chain and transactions on it, but the services built on top of it and related to it can be regulated, such as exchanges and financial products. This regulation is healthy insofar as it protects consumers from bad actors.
full member
Activity: 378
Merit: 100
Adoption Blockchain e-Commerce to World
August 07, 2018, 07:55:12 AM
I don't know exactly, but as bitcoin decentralized online digital currency, bitcoin makes transactions anonymously, then there has no chance to add bitcoin under regulation. This is just my observation. We will see in future

I don’t think bitcoin would go under regulations for thecreason that it has a feature called decentralized control meaning no other third party shall control or regulate bitcoin. Unlike fiat money where the control is under the government.
newbie
Activity: 63
Merit: 0
August 01, 2018, 09:54:04 AM
It cannot be regulated and that's the whole point of Bitcoin, to be free from government regulation and manipulation. The value of Bitcoin has surged this high based on this one selling point alone.
jr. member
Activity: 140
Merit: 1
August 07, 2018, 07:47:47 AM
I'm not sure that bitcoin can be completely controlled in principle. One state can do this within its territory. To do this all over the world, all countries should work together, and this does not seem quite real.
newbie
Activity: 70
Merit: 0
August 07, 2018, 07:05:40 AM
There are a lot to negative tings that government possessed in their mind about bitcoin in many countries if bitcoin successfully change them into positive thought then everything going to be alright.
newbie
Activity: 141
Merit: 0
July 31, 2018, 08:40:05 PM
Bitcoin can not be regulated because no one is in control of it. But I think we need the regulation in term which makes control the illegal use of bitcoin and any technique which impact the positive control to pick the thieves and terrorist who are using bitcoin as payment money.
newbie
Activity: 2
Merit: 0
August 07, 2018, 05:44:39 AM
I hope that the bitcoin will be a part of the positive impact of government control.
newbie
Activity: 2
Merit: 0
August 07, 2018, 05:27:24 AM
Governments are always afraid of what they do not understand and control. Bitcoin is such a case
newbie
Activity: 2
Merit: 0
August 07, 2018, 05:00:15 AM
If the government can regulate and manage bitcoins, I believe the possibility of a crypto market grows
newbie
Activity: 184
Merit: 0
August 07, 2018, 04:10:06 AM
Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
There are quite a few people who are also concerned about this. Some countries are tightening with bitcoin and other cryptocurrency but also many countries are very friendly with digital money like Japan. So for me this problem is not worrisome, it bans to have other countries welcome, with the development of technology, cryptocurrency will continue to grow
member
Activity: 653
Merit: 10
August 07, 2018, 03:20:34 AM
Bitcoin is not dangerous for people and government, always needed kyc and verify document to withdraw and deposit our bitcoin balance on local exchange. Government could know which one person use bitcoin for illegal transaction, there are will be have good regulation for making payment by using bitcoin transaction for the next time.
member
Activity: 154
Merit: 10
August 07, 2018, 03:05:10 AM
I think making bitcoin regulation is a good idea for us, so it can make bitcoin and users under the protection of government law
the bitcoin regulation has been done in ny country. in exchange of allowing the bitcoin in my country. the deal is they want to regulate it. they put some tax in transaction and negotiations when the bitcoin is involved. the regulation of the bitcoin is good because government andand the bitcoin benefits each other. bitcoin gove earnings in the government and the government give advertise in the bitcoin.
But BTC should not give money to the government... An BTC was made in order to avoid constant payments to the government!!
hero member
Activity: 854
Merit: 500
August 07, 2018, 02:41:47 AM
I think making bitcoin regulation is a good idea for us, so it can make bitcoin and users under the protection of government law
the bitcoin regulation has been done in ny country. in exchange of allowing the bitcoin in my country. the deal is they want to regulate it. they put some tax in transaction and negotiations when the bitcoin is involved. the regulation of the bitcoin is good because government andand the bitcoin benefits each other. bitcoin gove earnings in the government and the government give advertise in the bitcoin.
full member
Activity: 756
Merit: 102
August 07, 2018, 02:41:30 AM
if they regulate btc it would mean that they accept it as an asset and legalize it. The regulation in my opinion would serve as a tool for more adoption of btc and people would have more trust on it.

bitcoin is already legalize and has been accepted by majority of the population but if ever they regulate bitcoin , i think the adoption will become a widespread more evenly . the purpose of regulation is not only for the credibility but also to make bitcoin more stable and to make it more secure .  but i myself is already contented with bitcoin to work this way because i dont want bitcoin to be use as a corruption tool and i dont also dont want bitcoin to become more stable as it can greatly minimize my profit .
newbie
Activity: 32
Merit: 0
August 07, 2018, 02:32:25 AM
I think making bitcoin regulation is a good idea for us, so it can make bitcoin and users under the protection of government law
member
Activity: 308
Merit: 10
August 02, 2018, 06:37:09 PM
if they regulate btc it would mean that they accept it as an asset and legalize it. The regulation in my opinion would serve as a tool for more adoption of btc and people would have more trust on it.
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