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Topic: Will bitcoin go under regulation - page 44. (Read 211129 times)

newbie
Activity: 182
Merit: 0
July 01, 2018, 12:13:57 PM
I think it's hard to adjust bitcoin. Bitcoin is not affected by any individual, organization or government. Government wants to adjust bitcoin is quite difficult. But it is not impossible.
member
Activity: 672
Merit: 32
July 01, 2018, 11:25:05 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 ?
I don't think it can, because every country has different regulations and policies. if this is agreed then value of Bitcoin will stagnate like dollar. of course there will be a positive and negative impact but most future of crypto will be worse and shunned by investors. it's just a personal opinion
member
Activity: 134
Merit: 18
July 01, 2018, 10:05:32 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 ?

I hope the government will stay out of bitcoin's world. If bitcoin needs to be regulated, it should be the one to regulate itself because it knows itself best among us.
sr. member
Activity: 952
Merit: 274
July 01, 2018, 09:50:50 AM
Bitcoin and other cryptocurrencies are a significant threat to our financial system right now. It will affect the finance sector especially the banks because they could lose a large percentage of their client because of cryptocurrency. That is why the government are discussing and will do everything to protect their advantage. So they tend to create regulations. They cannot control the technology, but they can control the people using it.
There are many regulations implemented by the government in my country. All of the regulations have the purpose to protect all of the citizens using virtual currency. Regulations are part for the cryptocurrency to accept by all types of society.
member
Activity: 322
Merit: 10
July 01, 2018, 09:39:37 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 it would and it should be just within the world of bitcoin. I mean, if government will regulate bitcoin it would give negative effects to bitcoin. So i hope it would be just in bitcoin itself.
Bitcoin is receiving worldwide support so I believe Bitcoin can be developed independently without regulatory requirements. Bitcoin and the cryptocurrency market are gradually gaining the attention of many investors around the world so I believe its potential is enormous.
newbie
Activity: 72
Merit: 0
July 01, 2018, 09:30:57 AM
i dont hink it will be regulated, cryptos was madee to be decentralized
member
Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
July 01, 2018, 09:19:48 AM
Bitcoin is a billion dollar worth of money and such amount is huge enough to create an impact to a country's economy. Therefore if bitcoin could create such impact any misuse or loses due to hacking or scams could be a disaster to someone's economy while maybe good to the other! So I think maybe regulation could get in the way.
newbie
Activity: 9
Merit: 0
June 29, 2018, 08:57:21 AM
I think if we want to have bitcoin as our mode of payment in day to day transaction the government should regulate bitcoin in order for us to be complacent in using bitcoin.
member
Activity: 336
Merit: 10
July 01, 2018, 09:01:52 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 it would and it should be just within the world of bitcoin. I mean, if government will regulate bitcoin it would give negative effects to bitcoin. So i hope it would be just in bitcoin itself.
sr. member
Activity: 532
Merit: 327
July 01, 2018, 08:59:05 AM
Why is this a bad thing people? Regulation is good and we still will have secure decentralized coins that do not require KYC and so on. Its not so hard, look at the counterfeit products market - there is always a way.
newbie
Activity: 77
Merit: 0
July 01, 2018, 08:47:16 AM

It is difficult to regulate btc, since it is decentralized. incognito. This is the reason btc was born. If everything is clear, it is not good.
member
Activity: 364
Merit: 10
July 01, 2018, 08:29:01 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 ?
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I think it's hard to have an regulation but it will be legal in their country. It will regulated by government can control bitcoin and have taxes if government will control it there's a advantage and disadvantage we didn't know but there is a possibility that bitcoin will be legit.
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
July 01, 2018, 08:13:10 AM
I do not think bitcoin will go under regulation because bitcoin is decentrized cryptocurrency  and  I think that it will be regulated only if the government and bitcoin will come to an agreenent that bitcoin will be legit ,that will be time the bitcoin will be regulated,
full member
Activity: 406
Merit: 100
▰▰▰ MODULE ▰▰
July 01, 2018, 08:12:08 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 ?

Mostly some bitcoiners have an split decision of there mind,some in favor that bitcoin will be regulated while the other are not.actually being a regulated by the world government have a great advantage and disadvantage to the cryptocurrency system,because  once the bitcoin would become regulated theres a big tendency that digital currency system become legalize and become centralized  and maybe those money laundering and illegal activities could be controlled,but in the other hand if its become regulated maybe the profit of this kind of investment could be controlled by the world government.
sr. member
Activity: 385
Merit: 250
www.thegeomadao.com
July 01, 2018, 07:56:32 AM
I think the government can fully regulate Bitcoin and stipulate that it works the way it wants. However, there will definitely be another Crypto coin that appears and replaces Bitcoin. Because that's what many people need, and the government will never replace it
full member
Activity: 359
Merit: 100
Reinventing Decentralised Finance on BSC
July 01, 2018, 07:53:03 AM
Bitcoin and other cryptocurrencies are a significant threat to our financial system right now. It will affect the finance sector especially the banks because they could lose a large percentage of their client because of cryptocurrency. That is why the government are discussing and will do everything to protect their advantage. So they tend to create regulations. They cannot control the technology, but they can control the people using it.
newbie
Activity: 252
Merit: 0
July 01, 2018, 07:51:36 AM
The explanation behind under control of bitcoin is because of money related idea and because of wage from exchanging individuals. They don't pay charges. After duty installment for benefit, the legislature will get more assessments from Bitcoin agents. It will enhance the nation's improvement and advance and economy.
newbie
Activity: 76
Merit: 0
June 29, 2018, 03:15:11 AM
if viewed at this time only issue issues about bitcoin regulations, All these regulations are for the protection of consumers, says the governments. But regulations are used for tax purposes.
sr. member
Activity: 728
Merit: 254
July 01, 2018, 07:48:32 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 ?
Obviously, no,  any government cannot regulate bitcoin used. Even though they will make a law that will control the people in their usage of bitcoin or other cryptocurrencies, they will still find ways to have it. It is a digital entity that is why it is hard for it to be regulated. Also,  government have no reason MN enough and valid reason for them to ban bitcoin because it does not do any harm but it did the entirely opposite. It helps people just like us to earn money while we are in our cellphones.
newbie
Activity: 79
Merit: 0
June 28, 2018, 04:00:44 AM
I think in the near future we will see the first achievements. Bitcoin might be posing threat to the various banks across the globe but per what I read sometime ago, bitcoin is strictly independent of the central bank and this will make regulating it very difficult. Again, for bitcoin regulation by government to be a success, 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.
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