In my humble opinion, I think Bitcoin will be able to gain more of people's trust, interest and acceptance once it has some regulations implemented by governments worldwide. Again regulations not controlling or manipulating, these are just regulations and guidelines as to what are the do's and don'ts as well as those things that will happen to people who will use it to take advantage of others or for illegal activities. I believe that It will bring peace of mind to people it once that happens more people will now be open and courage enough to know more and even invest in Bitcoin.
Topic: Will bitcoin go under regulation - page 41. (Read 211123 times)
i feel yes crypto currency will go under regulation to bring all people under tax community recently EU parliament law likely to approve Crypto currency
soon maybe they will impose a regulation and bring exchanges or people who hold assets or trading will be chargeable for tax it's good to bring in the law to avoid anti money laundering activities and especially transfer of funds to unknown people.
soon maybe they will impose a regulation and bring exchanges or people who hold assets or trading will be chargeable for tax it's good to bring in the law to avoid anti money laundering activities and especially transfer of funds to unknown people.
I think it is impossible and also bitcoin will never go under regulation.
the government can regulate the circulation and use of digital currency to become more controlled. the government can play an active role in regulating the regulation of crypto and the impact on an increasing economy. cyrpto very vulnerable misused and thus require crypto legality and legal order can be beneficial for everyone.
To my best opinion I will say yes, why?
For Bitcoin to be globally acceptable and want the value to go higher than the expectation, Government will find way to regulate it for it own benefit.
For Bitcoin to be globally acceptable and want the value to go higher than the expectation, Government will find way to regulate it for it own benefit.
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 ?
Hopefully no. I love cryptocurrency where it is right now and if it falls under the hand of the government, they will just abuse their power. I'm saying this because in our country, most of them are corrupt. And regardless of the policies they create, there is always a loophole so that it will favor them and not the user.
I think in a way, btc will need to be regulated but what I believe badly needed some strick regulations are ico's since there's a lot of scammer right now using ico to get money from crypto enthusiast.
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 ?
I think their main reason is the state tax problem received by the state, because Bitcoin is a peer to peer transaction system, without the involvement of Bank or government intermediaries. And the existence of the Bank is threatened if everyone uses Bitcoin. So the government is trying hard to regulate bitcoin so that the state still get tax from every transaction.
Some people are afraid of governments and yet wants bitcoin to become mainstream. No regulation,no chance of going mainstream. I think that step is not good for bitcoin and to other cryptocurrencies because it will compromise its decentralized feature. If that's the case there is nothing we can do about it. Regulating are much better than banning itcoin and other alternative coins.
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 bitcoin will be regulated, I think the essence of decentralization will diminished. But if properly regulated and the purpose is just to stop or prevent the threat to the country financially and the other aspect then I think it is just good.It Is good if bitcoin go under regulation but I think it will be hard. How the government control that? How they manage it?, we all know that crypto currency is decentralized and no one can control it.
Indeed, it is a risk to the administration however do you imagine that blockchain innovation can be directed by government? Obviously not. So I figure they can't control it and they can't manage it. Despite the fact that that happens individuals will do make an approach to take out this issue.
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 bitcoin grow bigger it will become inevitable government create regulation to prevent bitcoin influence increasing in their country and get rid of bitcoin before it become main threat to their financial system.
I will said they have already regulate Bitcoin.
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 bitcoin will be regulated, I think the essence of decentralization will diminished. But if properly regulated and the purpose is just to stop or prevent the threat to the country financially and the other aspect then I think it is just good.
I am sure that restrictions and taxes will be introduced for people who use cryptocurrency. But I don't think that's going to be a big problem for us.
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 bitcoin grow bigger it will become inevitable government create regulation to prevent bitcoin influence increasing in their country and get rid of bitcoin before it become main threat to their financial system.
Bitcoin wont have that much freedom if regulated by government. They dont see it as a treat economically but to their finances or fiat money. because the government itself cannot change the value nor regulate distribution that is what they are afraid of.
The many fears displayed by the governments of many countries clearly shows that they do not understand the way the bitcoin and in general, the crypto world's system and operation. More of then than not most people who think bitcoin may be regulated may only come to see its advantages and its downsides. Strict regulation will not help while non- regulation at all may be unfriendly for the citizens and its economy.
It depends on the country that will accept bitcoin. If they are going to accept bitcoin and if they want to set a limitation for the user of bitcoin in their country then they will create a regulation which will set rules on the things that they can do with bitcoin and the things that they can't do with bitcoin so there will be no problem and chaos from using bitcoin.
Bitcoin is the new technology . It will take some time to make sure about this new product . Yes ,as this is the way of transferring money there should be a good regulator team so that earths assets can be divided into everyone equally ..
.
But till now not so many countries have declared bitcoin as a legal currency . So the regulatory committee is not a necessary step to take .
.
But till now not so many countries have declared bitcoin as a legal currency . So the regulatory committee is not a necessary step to take .
After nearly a decade since its invention, Blockchain has not yet reached to its full potential. Billions of dollars of investments are made every day. Now some of the government are disturbing for regulations with is very impossible to be down. 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.
Jump to: