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Topic: Will bitcoin go under regulation - page 5. (Read 211128 times)
Bitcoin has been surging and falling in recent weeks. And it seems mostly to come down to one thing: regulation. The lack of regulation is, for now, a large part of bitcoin and other cryptocurrencies’ intrigue: they seem to allow people to avoid the traditional restrictions in place in money and other assets.
The question is very tricky: on the one hand, unless and until people can pay for goods and services using Bitcoin and accept BTC as a settlement for goods and services without any fiat, the government is going to be able to control people and regulate operations of exchange Bitcoin into fiat and make people pay taxes on such transactions. On the other hand, if the government permits us to use BTC without changing it into fiat, it is not going to be able to control the operations in BTC 
There are lots of things the government has to decide.
There are lots of things the government has to decide.
Bitcoin will go under regulation, When we really build up that control, the expert players that will be entering the market and that have officially going to proceed and they will get that help from the administrative condition that they have been searching for.
I think, yes, it will be regulated. However, we all should be ready to pay taxes for the Bitcoin operation. It makes no difference if you mine BTC or hold it. meanwhile, it will be legal and not banned.
In general, institutional antipathy towards cryptocurrencies can be felt in almost every country. Multiple warnings have been issued against their use, many officials have declared that they are illegal.Secondly, governments are always expressing their antipathy towards Bitcoin. they said that there was no legal provision backing up crypto transactions and referred to cryptocurrency as a “serious threat to the financial stability”. Considering such claim from them, we can understand that they don't want to welcome Bitcoin.
I haven't thought about that yet. If the government can adjust to bitcoin, this market will thrive because they are more secure as gold and silver. Unfortunately, no one can intervene in this market.
Yes, some governments may view Bitcoin as a threat, but do not deny that some governments are recognizing Bitcoin, but in my opinion the government is unlikely to be able to regulate Bitcoin, However, they can tie up and bind their people.
I don't think that. If the government can control it, many other countries will legitimize this market. But I still don't want bitcoin to be managed.
if some large countries implement the regulation of crypto transactions that enter and exit the country it is still possible and usually it is related to taxes and forms of investment supervision carried out by the community.
The government can't intervene in bitcoin. Bitcoin relies on us and the big investors. But bitcoin may have trouble facing the government.
If you think about it, it will be extremely hard to go against bitcoin now. They have to also remember this is a globally recognized currency and have to be careful with labels. One wrong move and an attack can back fire.
Something people also forget is that other than criminal use and tax havens, they actually saw that the technology is best for the greater good (banks will fill the pockets to who go against it). I think the only regulation we are going to have (in the future) is simply showing your public history to your accountant which I absolutely don't mind since my coins are still safe.
Something people also forget is that other than criminal use and tax havens, they actually saw that the technology is best for the greater good (banks will fill the pockets to who go against it). I think the only regulation we are going to have (in the future) is simply showing your public history to your accountant which I absolutely don't mind since my coins are still safe.
Better it go on regulations now before its too late and before the greedy developer and scam developers will kill the cryptocurrency and discouraged new investors to join.
I hope so. We need a green light to go mainstream as well as new investor and traditional money to come in the market, so they can rest assure that is not a bubble.
And yet there is no a speculators they say..
And yet there is no a speculators they say..
No, because not all countries will agree on a common set of rules and regulations. It will only need a few to not play ball and regulation will fail, after all they have been regulating fiat for generations and there is still a grey economy so what chance for a much more sophisticated system like bitcoin.
the regulation of btc can be done in certatin ways in my opinion such as they can license the exchanges, monitor the buying and selling processes and they can issue papers as derivatives where everything would be in records.
It is very difficult to predict because what will going to happen it the future the answer will depend on that situation but right now it will never going to under regulation.
I think it will not going to under regulation because its feature and its stricture and also its planning everything will not going to support regulation because all of these are free.
I can think so that bitcoin will go under regulation. Because Bitcoin has own features and it has also own transaction system. Bitcoin transaction system is very secure and private. So the government can no control it fully. They can make some rules to use and invest in bitcoin and set tax on it.
Cryptocurrency can be regulated somehow by the government. Some people are afraid of governments and yet wants bitcoin to become mainstream. Regulating are much better than banning bitcoin and other alternative coins.
Governments do not see the threat in bitcoin. Governments are forced to regulate bitcoin like all the currencies in their country. This is a forced measure. Moreover, regulation is a plus for cryptocurrencies. It is a flow of new money.
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