Will bitcoin go under regulation - page 46.

thenameisjay

full member

Activity: 462

Merit: 100

Quote from: rosstiller on June 02, 2018, 06:04:23 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 think they don't have to regulate bitcoins as a whole because it would only defeat the very purpose of why were bitcoins invented in the first place. The government should understand that bitcoins were invented for the purpose of going off the grid; away from the thieving scum of the government.

Johnzky

member

Activity: 616

Merit: 30

Quote from: rosstiller on June 02, 2018, 06:04:23 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 have been waiting for this to finally happens because this is the only reason i am seeing that we can be freely focus on our business here withour any hard issues from the governments so if that would be the case then why need to disagree and besides we have no choices but tl accept that

poletando

full member

Activity: 364

Merit: 100

PlayGame.com

maybe if something happen with bitcoin in a country and the banned bitcoin is can't solve this problem I think makes a bitcoin regulation is the good idea for us, so it can makes the bitcoin and the user is under view of the government, it will makes the bitcoin transaction more safe than before

specsmuluk

full member

Activity: 252

Merit: 100

in my opinion, bitcoin is subject to regulations if the government formalizes bitcoin as the official digital currency in all countries,

perhaps with an official transaction in every bitcoin country can be subject to government regulation ...

bitcoinrunners001

newbie

Activity: 84

Merit: 0

Bitcoin will be regulated in some countries.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.

rollingstorm45

member

Activity: 448

Merit: 17

wait for it to happen, because patience with the movement of bitcoin may be sweet fruit
I always wait for a big surprise from bitcoin, and hopefully Bitcoin will be regulated in the law for the next few years

Images21

sr. member

Activity: 567

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: rosstiller on June 02, 2018, 06:04:23 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 a certain extent, yes. As a matter of fact, there are already countries where there are certain regulatory measures installed for Bitcoin and cryptocurrency and any related activities and businesses. But if you mean to regulate Bitcoin itself and not its circulation and usage, it is not possible. Bitcoin is an independent entity that is not in any way under the authority of any government.

leoasdnedc

newbie

Activity: 58

Merit: 0

The reason for under regulation of bitcoin is due to financial concept and due to income from trading people.It's already getting regulated in some countries.

Gila uang

newbie

Activity: 168

Merit: 0

Quote from: jchav010101 on June 19, 2018, 05:23:45 AM

The regulation made not to regulate the bitcoin price in the market is sufficient.The regulation regulates the things that are needed to make it easier for people to trust bitcoin as a digital investment asset.Some government wants to go with the bitcoin.So bitcoin can be legalized.The problem also really does not come for granted but there is always a cause first. So we must respect the opinion of the government who wants to set the bitcoin.

I think the Government always sees bitcoin as having a threat to the global financial system, so that's why they will not stop until they succeed in managing it.
And I think for bitcoin to get global approval some rules should be implemented by different governments.

drwhobox

full member

Activity: 756

Merit: 133

- hello doctor who box

Quote from: rosstiller on June 02, 2018, 06:04:23 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 ?

More and more are adopting to Bitcoin and other types of cryptocurrencies. they have a thing called KYC ( Know your customer ) Policy so you can sell your crypto into fiat or what kind of currency do you have in your place. there are good and bad sides on applying a KYC Policy making the Government won on making Bitcoin kinda centralized for a bit. and the bad sides are since they have the control over the transactions *Local wallet if there is one*.

Coinlover9

member

Activity: 224

Merit: 11

If we want it to become part of the mainstream it has o go through some proper regulations otherwise I don't think other big institutions would integrate it among themselves and they would continue to raise barriers against it's growth.we have to find a middle ground.

marginal

member

Activity: 224

Merit: 10

Quote from: rosstiller on June 02, 2018, 06:04:23 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 think it will happen very soon, because everybody in the world attention just in concentrated on the soccer World Cup and when it would be ended they would return their attention on cryptocurrencies.

Andrew S

newbie

Activity: 112

Merit: 0

Bitcoin was created as an independent currency with its degree of protection and circumvention from the state. Therefore, the state sees a threat in the crypto currency, but they can not stop it and try to adjust it for themselves.

KID_28

newbie

Activity: 70

Merit: 0

Yes for sure. The government of each countries has no way of blocking cryptocurrency on their countries, the least they can do is to allow crypto to be established in each country and regulate it.

gzozoul

brand new

Activity: 0

Merit: 0

well i think regulation to every crypto currency is a good thing that the government will do. Because it will help the society to understand freely what crypto currency is and how far the advantage of it compare to fiat and Bitcoin will go under regulations since it is considered already as a business but for sure bitcoin can overcome it

Btcnaivie

jr. member

Activity: 154

Merit: 1

Quote from: rosstiller on June 02, 2018, 06:04:23 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 ?

Cryptocurrencies are built partly to avoid the threat of regulation. They’re decentralised, so that there’s no central power for governments to clamp down on; trades are largely anonymous, meaning that it’s difficult to find out who’s actually doing them, so it’s difficult to introduce individual restrictions too.

But there are lots of reasons to think people would abide by restrictions if they were put in place. Not everyone would, of course; but not everyone abides by any law. For one, people do tend to avoid breaking the law. It’s possible, of course, to avoid the eyes of the law with traditional, fiat money – that’s why cash-in-hand work still happens. But most people do pay tax on what they earn, even if they could get away with not doing.

jonhsongotti

jr. member

Activity: 252

Merit: 1

Bitcoin is getting more and more practical applications with blockchain technology. I believe in the future of bitcoin. The more countries that accept btc and allow it to use it.
Just having the right policy to manage btc and promoting its values, the bans disappear

jessebets

brand new

Activity: 0

Merit: 0

The government can not really regulate bitcoin, the government can only impose some restrictions and set tax rates.
Bitcoin is not an object, bitcoin also has no institution. Bitcoin is only part of the internet network that is too valuable to miss.

Akenosi

newbie

Activity: 238

Merit: 0

This is sure that it will happen one day to make the use of blockchain reach much percent of people in the world, regulations will step up the game...

popelene1

newbie

Activity: 168

Merit: 0

It will one day be regulated, if you listen to news, you will see the news update of all crypto currency news talking about government regulating it...

Topic: Will bitcoin go under regulation - page 46. (Read 211123 times)