Topic: Will bitcoin go under regulation - page 47. (Read 211123 times)
If someday bitcoin users have reached at least 15% it will make the country forced to make regulations, if the use of bitcoin continues to increase and the government does not make the regulation it can make fiat disappear.
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 honestly don't think Bitcoin will be subjected to regulation, because their technology is superb when it comes to low fees in remittances and is a great store of value. On top of that, it is decentralized as the government and banks cannot control or stop it. I would rather be in favor of regulating ICOs than Bitcoin. There's nothing they can do to stop Bitcoin from unleashing its true potential. Cheers!
The rules can adjust the price of the BTC, you understand the problem here is not the key to a certain performance, the rule of management of the use of Bitcoin as a means of trading can be used. In addition to the official currency held in that country, but for the value of Bitcoin, no rule can regulate it.
I think maybe in the future, there is any regulation from the government to control bitcoin although they cannot do full control of bitcoin. maybe the government will make a regulation for the tax of bitcoin user so the government knows the circle of bitcoin in the real life or the government will know who is the owner of bitcoin in their cities.
Right now governments have made it fall under the regulated asset, which is the major cause for the price to be fluctuating within limited price range without further pumping. Some governments view bitcoin as a threat to them financially but other countries with advance economies see bitcoin as another source of tax.
Well, this issue has been always been asked since the moment of the rise of the bitcoin and other cryptocurreny because of the threat it offers to banking and traditional financial system may end up due to rapid growth and advancement of e-commerce and monetary capability bitcoin and other altcoins can offer. The benefits that it can give such as being decentralized, anonymity, fast and secure transactions is the reason why most big businesses and individual shifts to crypto usage. Well, i guess regulatory bodies maybe formulated by the government to assess ICOs and crypto project considering how rampant scam and fraud projects are nowadays. At the moment, if someone get scammed by a certain project in crypto, he may find himself helpless since no regulatory body can assist his problem.
I think we need regulation in the long run that makes the control of illegal use of bitcoin and any technique that affects positive controls for choosing thieves and terrorists who use bitcoin as payment money because I think bitcoin goes well but when you think about the rules it requires in misuse of bitcoin
I do not think cryptocurrency has nothing to do with their currency why cryptocurrency should be threatened in my opinion it is the government's mistake in managing the country so cryptocurrency no problem with their currency
governments can form guidelines but regulation system won't work in decentralized network-centric currency like bitcoin
it seems that it will not happen because if there is a regulation about bitcoin circulation and bitcoin use then bitcoin has failed to make the mission from the creation of bitcoin, bitcoin should never be controlled by anyone even government.
Nobody in the world views the crypto market and bitcoin as a threat to the world system! all politicians and states are worried about the appearance of new scam projects! and worry about the appearance of new coin scams! Now a very large number of bad coins are divorced all over the world! even exchanges began to clean their sites from these coins! every day and in every state I read new news, every day there are new laws governing the crypto world! the state wants to protect its residents from losing money! I am sure that we need regulation, after regulation, very large investments will enter the market! a lot of investors want to enter this market but are very concerned about losing money! and if you enter big money, then everything will start to grow in price! and everyone will be happy with the overall growth!
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, I think the government sees crypto and bitcoin is a state financial threat, so far no single government wants to synergize with bitcoin. I think this is just a matter of those who are not yet willing to sit down one table to find the solution.
Any government can decide to regulate bitcoin in their countries, attempts have been made yet even with this uncertain crypto space as of now hasnt stopped or deterred the volume of trading on bitcoin markets..However, regulatory decisions will definitely affect bitcoins price either positively or negatively,one isnt sure the direction it might go
No the main reason why government will regulate cryptocurrency especially in the USA is that the possibilities that cryptocurrency will be used as a means on doing illegal transactions. And that is why USA is so strict on implementing KYC on the ICO that are registered in their country or those people that will buy tokens or coins especially if it involves huge amount of money.
the regulation may be a positive thing for the whole crypto as it can bring confidence to the market and remove the dump and pump groups who just are scammers and destroy the trust.
That may happen, because bitcoin is still a developmental stage if people who have bitcoin and cryptocurrency receive KYC then it means that the government will win and the government can set the bitcoin
It is the mind of governments that bitcoin can be regulated by it. But bitcoin if I think it will not be set by it and I'm not sure bitcoin can be set by the government.
Bitcoin or cryptocurrency can't be under any regulations, the better the government embraces it and utilize its technology and decentralized nature the better for us all.
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 ?
Nobody can regulate bitcoins. The only thing governments can regulate is the rate of exchange of bitcoins in the country. They should prevent or hold exchanges to stop bitcoin movement and they can prohibit banks from ever selling or letting anyone buy bitcoins through them.
Is sec is the authority who regulates bitcoin? If so, I believe bitcoin is under regulation as of now and it will be regulate. Regulation is a good thing tho.
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