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Topic: Will bitcoin go under regulation - page 33. (Read 211123 times)

Yoo
full member
Activity: 574
Merit: 102
August 01, 2018, 11:26:36 AM
to can regulate bitcoin, the government takes a long time. besides the government must create new rules that can regulate bitcoin.
Perhaps the government will also make tax rules for bitcoin owners. well this will be difficult for the government to can regulate bitcoin.
newbie
Activity: 33
Merit: 0
August 01, 2018, 11:04:30 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.

Actually bitcoin is under regulation in other big countries now, but most of the countries are still just planning to do it but I think it will take some time to happen but there is a possibility it will happen soon.

I think this is a big advantages for people who invested on bitcoin and other cryptocurrency if happens that the government will regulate no more huge fluctuation that market may encounter.
newbie
Activity: 50
Merit: 0
July 23, 2018, 03:33:03 PM
indeed lately the government often talk about bitcoin, especially the technology behind the crypto, namely blockchain. but I am not that fast the government will regulate bitcoin.Bitcoin have a decentralized exchange and owners are not known is very hard to regulate bitcoin price. But no one can predict the future  anything can happen.
newbie
Activity: 98
Merit: 0
August 01, 2018, 11:02:20 AM
I dont think its possible now . Maybe in the future it wil be under regulation.
Its not just possible now because of the decentralized structure of blockchain ecosystem.
newbie
Activity: 70
Merit: 0
August 01, 2018, 10:56:54 AM
It will not ever. It cannot be controlled by the govt.
member
Activity: 173
Merit: 19
August 01, 2018, 10:45:32 AM
I think regulations will be good for Bitcoin and the crypto currency world. I think that regulations will help the governments and big financial institutions to understand and manage Bitcoin better. They will also be able protect their people from those fraudsters and scammers who are using Bitcoin, alt coins and ICOs to take advantage of some people. I believe that once that happens, people will have more confidence on cryptos so it is easier for them to invest on it.
newbie
Activity: 67
Merit: 0
August 01, 2018, 10:44:59 AM
the government can create its own crypto currency so that all crypto transactions made can be watched, and this will also benefit the government because they can assign taxes applicable to each cryptocurrency transaction.
full member
Activity: 730
Merit: 102
Trphy.io
August 01, 2018, 10:40:46 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 ?

It will be hard but i think regulation will be coming in the future for bitcoin. It won't be drastic but 7 think it will come. But majority will be on the coin exchanges as they can track the bad guys. But i am only speculating here...
copper member
Activity: 308
Merit: 1
Veil
August 01, 2018, 10:37:42 AM
Bitcoin is a decentralized virtual currency.
It can only be regulated if the structure is changed from decentralized to centralized.
member
Activity: 224
Merit: 11
BitHostCoin.io
August 01, 2018, 10:16:29 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.

Actually bitcoin is under regulation in other big countries now, but most of the countries are still just planning to do it but I think it will take some time to happen but there is a possibility it will happen soon.
full member
Activity: 280
Merit: 100
August 01, 2018, 06:33:41 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 ?
In my opinion, the government for now can not regulate the world of bitcoin and cryptocurrency. Because bitcoin itself is not or created by the government, but in the future it could be the government set about bitcoin.
What do you say? I don't understand. Maybe your point bitcoin is a blockchain system that has a very large database and set directly by the system, so that no one person can control it. but for government regulation can make it, the government only takes time to formulate everything. but for now only a few countries that have realized it for example in japan, china and germany.
member
Activity: 350
Merit: 10
July 29, 2018, 10:39:48 PM
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 ?

if the government legalizes the bitcoin currency in the country, the government will take advantage of it, it may be that the bicoin service users will be taxed, but for me it does not matter
jr. member
Activity: 210
Merit: 1
July 29, 2018, 10:13:23 PM
I think this is pretty hard. In recent years, governments have tried to modify Bitcoin. So far, their efforts have been unsuccessful. More specifically, some regions have no choice but to officially recognize Bitcoin and cryptocurrencies. With the decentralized aspect of Bitcoin, regulation is not easy by any means. There is no central authority or supplier to adjust.

For now I think it is hard to be regulated but maybe in the long run if government made some laws that decentralized currency would be follow rules and regulation provided by the government. In this case this would control bitcoin anonymity but I think this will take a long period of time.
newbie
Activity: 64
Merit: 0
July 29, 2018, 10:02:31 PM
I think this is pretty hard. In recent years, governments have tried to modify Bitcoin. So far, their efforts have been unsuccessful. More specifically, some regions have no choice but to officially recognize Bitcoin and cryptocurrencies. With the decentralized aspect of Bitcoin, regulation is not easy by any means. There is no central authority or supplier to adjust.
newbie
Activity: 308
Merit: 0
July 27, 2018, 06:22:45 AM
I think so because there is simply no other way. If there is no control here there will not be a lot of money.
newbie
Activity: 50
Merit: 0
July 27, 2018, 06:20:30 AM
There is little chance. All they can do is to ban bitcoin. They really can't do much since bitcoin is decentralized no one can control it.
jr. member
Activity: 196
Merit: 1
July 27, 2018, 12:31:47 AM
Right now, the rapid development of bitcoin has already threatened the government and the banking industry, and I think most governments will launch some regulatory measures in the last year and may also impose more taxes on the special currency.

Agreed. I believe crypto in general, with have some regulations. It’s too much of a free market without any governing body. There has to be some boundaries set just to maintain stability, security and trust, right?
full member
Activity: 247
Merit: 100
July 26, 2018, 12:38:16 PM
If they think that it is really a threat then they should put rules on the use of Cryptocurrency and not just Bitcoin. If they put rules about something they know about it then they do not have to worry about it because people will use it without abuse.
newbie
Activity: 14
Merit: 0
July 26, 2018, 11:51:29 AM
I think the internet should be dead. In this 21st century, there is no way we can live without the internet, hence bitcoin regulation by government won't be possible.Bitcoin will increasingly be accepted by many people and countries if it is well managed.This why some governement banning bitcoin because they have no control on it.
full member
Activity: 658
Merit: 105
July 26, 2018, 11:50:21 AM
The exchanges, as intermediaries, can be regulated. But certainly not bitcoin.
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