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Topic: Will bitcoin go under regulation - page 34. (Read 211128 times)

newbie
Activity: 29
Merit: 0
July 26, 2018, 11:47:10 AM
They cannot regulate bitcoin. Nobody can. Probably they will try to regulate the users of bitcoin specially companies that will try to accept it as payment.Bitcoin will just go unregulated as it is designed that way and nobody can change that.
sr. member
Activity: 530
Merit: 250
July 26, 2018, 08:01:34 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 ?

to set bitcoin around the world certainly not. but to set the bitcoin in the country of course can by applying the policy. and because it has not found a solution, so bitcoin does not threaten the currency of the country. so many countries still have not authorized bitcoin
member
Activity: 322
Merit: 16
July 26, 2018, 07:17:14 AM
With the development of cryptocurrency in various countries does not rule out the possibility that bitcoin will be under regulation, but given the purpose of making bitcoin is to make currency that is beyond government control and can be used by everyone, I think it will not happen.
The government's policy is not to determine the regulation of bitcoin because it is not the authority, but they can make their own crypto currency so that all crypto transactions created can be watched, and this will also benefit the government because they can set taxes that apply to every a cryptocurrency transaction occurs.
hero member
Activity: 774
Merit: 503
July 26, 2018, 07:07:45 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 ?

Yes it is really a threat to the government thats  why they wanted to regulate the crypto currencies. But i think it would be harder for them to do that because of the annonimity of the transactions unless the people would agree on the KYC that would be time that government might look out on your investments as well as if you are paying the right tax.
member
Activity: 616
Merit: 23
July 26, 2018, 06:51:07 AM
I think the government can adjust the bitcoin but only adjust where the electronic currency is accepted or exchanged for currency, and in fact, there is no way to adjust the bitcoin.

Considering that Bitcoin is an universal crypto coin, you are right. Indeed a coin can be regulated in universal way.
But, the coin use can be ruled locally.
So, if the use is rules, I think is a good thing for each other.
member
Activity: 228
Merit: 10
July 26, 2018, 02:13:50 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.
newbie
Activity: 31
Merit: 0
July 26, 2018, 01:58:44 AM
I think the government can adjust the bitcoin but only adjust where the electronic currency is accepted or exchanged for currency, and in fact, there is no way to adjust the bitcoin.
full member
Activity: 924
Merit: 100
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July 26, 2018, 01:45:04 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 ?

Government only regulate on bitcoin trading in exchanger. Bitcoin can not regulate by country because its blockchain system and no country can claim they keep the data. Transaction data spread all around the world and government can not control the data and supply, thats why government can not regulate bitcoin but government can regulate the trading
newbie
Activity: 66
Merit: 0
July 26, 2018, 01:37:00 AM
I think the government can make rules about the existence of this digital currency in the future because with the existence of bitcoin a person's life can be better than before when they try to invest and earn an income every time.That's where the government should actually support it fully from the positive impact  cryptocurrency like.

It is happening right now in other country, yes bitcoin have high chance to become under regulation of different countries but I hope this will happen not in the coming years but in the future.
newbie
Activity: 140
Merit: 0
July 20, 2018, 01:46:40 AM
I think not, bitcoin will not undergo regulation because bitcoin is a decentralized currency, even if the government imposes it but bitcoin is not yet, collaborating with the government so there is no agreement between the two sides, so bitcoin will not be regulation.
sr. member
Activity: 616
Merit: 250
July 26, 2018, 01:07:18 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 ?
of course to monitor and manage the government will certainly be able to do so if the results of all that can benefit investors would be strongly supported by the investors themselves
full member
Activity: 448
Merit: 100
July 26, 2018, 12:56:39 AM
I think the government can make rules about the existence of this digital currency in the future because with the existence of bitcoin a person's life can be better than before when they try to invest and earn an income every time.That's where the government should actually support it fully from the positive impact  cryptocurrency like.
jr. member
Activity: 232
Merit: 1
July 25, 2018, 10:34:24 PM
Yes it is possible to regulate bitcoin and here in india the indian government also plan to make regulation for bitcoin.
newbie
Activity: 56
Merit: 0
July 25, 2018, 09:42:30 AM
Many governments have suggested they could introduce such rules. But it’s still not clear what they’d look like, or how they’d arrive, but it can be regulated if its generally accepted.
newbie
Activity: 30
Merit: 0
July 25, 2018, 09:29:53 AM
I think there's a litttle chance this will happen since bitcion is built on a decetralized system. it was designed to be like that and nobody can break that.
hero member
Activity: 994
Merit: 544
July 25, 2018, 05:27:21 AM
Bitcoin is already being regulated on some countries around the globe. The regulation being placed on the use of bitcoin are just precautionary measures done by the government to protect the public interests and also to protect the economy from money launderers and other notorious criminals. This regulations being placed to bitcoin are giving people a peace of mind and thus strengthening the foundation of bitcoin in such countries.
full member
Activity: 350
Merit: 100
July 25, 2018, 05:04:43 AM
I believe that the government will not be able to regulate bitcoin even with the greatest desire , the main advantage of bitcoin is that it is decentralized, if it changes that it will not be bitcoin .
member
Activity: 152
Merit: 10
July 24, 2018, 04:38:36 PM
It is under regulation on a lot of countries at the moment, so it would not be so weeeird to see it being regulated in some more of them. It is just matter of time at the moment
sr. member
Activity: 377
Merit: 252
July 24, 2018, 04:28:25 PM
Bitcoin can never be regulated.  Bitcoin is like an open source software everybody has assess to it.   Bitcoin is beyond regulation. Regulating it will make bitcoin centralized currency and it was not developed to be a centralized currency. No matter how the government try to regulate bitcoin, they will fail in their actions.

I think there is a great desire to regulate Bitcoin but there are just so many obstacle that makes the task almost impossible. However, I do think there will be some sort of security but not on the whole level.
member
Activity: 115
Merit: 10
July 24, 2018, 04:25:28 PM
Bitcoin can never be regulated.  Bitcoin is like an open source software everybody has assess to it.   Bitcoin is beyond regulation. Regulating it will make bitcoin centralized currency and it was not developed to be a centralized currency. No matter how the government try to regulate bitcoin, they will fail in their actions.
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