Will bitcoin go under regulation - page 51.

KingOfWinterfell01

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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 have the capacity to regulate what the exchanges move and send within the country. The government of different countries cannot regulate bitcoins themselves but definitely, they can regulate the buying and selling of bitcoins within the country.

olgafox0404

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Of course, regulation will be on the part of the states but they will not be able to completely regulate it!

sp01_cardo

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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 ?

Its true that government wants to control over bitcoin to become legal in all parts of the world, they can implement that bitcoin be tax and all they want to do to bitcoin will be done because they have now the power over it. And maybe its price will become stable and fix. But it is better that no ones will control over bitcoin. Now bitcoin is complicated when theres on control it maybe it will be more complicated.

violet catona

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I think in the near future we will see the first achievements. But I would like to include the society in the discussion of bills on cryptographic currencies. Because first of all, the socio-economic impact of digital money should be considered, and then - technological or financial.

Abrefatotherescue

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The government won't be granted full autonomy over the control over bitcoin. I just can't see it happening. There may be some regulations as to how it will be used in some ways but the full manipulation of the BTC? Can't happen

Kirito-kun

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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 ?

wel,l I guess they could somehow regulate the usage of bitcoin but they cannot fully control it. Bitcoin was decentralized thus no matter what they do, forbid it or boycott still they cannot manipulate it. Though there are some places places they can control the usage of it still it is not enough to make a huge impact on the market because no matter what there are still some countries are willing accept this innovation.

jpnl0006

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i am definitely not of the opinion that bitcoin will be subjected to any regulations as it is one of the things the technology was designed to fight against so if it then happens the main aim and purpose of the technology will not stand again

Sandijoee

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If I do not think that's possible, it's just a threat to the government but do you think that blockchain technology can be governed by the government? Of course not, JAdi this technology will not be set by the government.

Eigig

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I think not, bitcoin will not undergo regulation because ,bitcoin is decentralized kind of cryptocurrency , even if government impose it but bitcoin has not yet , collaborating wirh the government so there is no agreement between two parties , so bitcoin would not be regulated.

saranadia199

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No, we do not think that government agencies can completely inhibit the use of bitcoin, because it is global or not used by only one country, it is possible that government agencies around the world may be able to cooperate or form an institution that governs it.

potatocorner

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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 don't think that is the problem here, and there is no way the government will be able to regulate bitcoin by itself. Governments can only regulate the usage of these currencies by the people, they can ban cutrencies in their country, but they will never get to control the bitcoin itself. They should not problem themselves about it.

Jessica2009

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The government will implement regulations towards Bitcoin since it is a digital decentralized currency only the user himself is responsible in the transaction no other third party takes part in the transactions. There are different ways for the government to influence the price of cryptocurrency they can regulate by making assets scarce by imposing controls on it as gold has been restricted in importing in several countries . Government can regulate the price of assets through buying and selling actions in international market all these actions will not affect in Bitcoin since it is a decentralized . Even though Bitcoin goes under any regulations nothing will happen to Bitcoin .

jademaxxiss012

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Yes most probably as we all know that bitcoin has come to establish around the world and many are investing and trusting bitcoin. And with this the government in every country will choose to make some regulations in order for the bitcoin to get more exciting and fair to all. Day traders must be stoppe and let the governement take over or control the system of cryptocurrency. Just like any gambling activities it could be legalize like casino and etc.

malbterxic

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In fact, now we can already observe how states influence BTC in terms of its rate and demand for it, by means of introducing certain laws restricting or allowing activities with bitcoin. Now the state turns out to be of great help to market manipulators.

Lorna111

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Quote from: Choy13 on June 02, 2018, 07:46:38 AM

Yes, it is a threat to the government but do you think that blockchain technology can be regulated by government? Of course not. So i think they can't control it and they can't regulate it. Even though that happens people will do make a way to take out this issue.

The entry of Bitcoin in crypto currency digital trading CHANGED the out look of the market, the global acceptance is increasingly high, we can see a lot of news about Bitcoin transaction, some good news and some negative to crypto currency. Investors participated in a lot of investment for Bitcoin or other crypto coins posted on the market, The buying and Selling of the traders had an impact to the financial community, maybe this just one reason why they want to Regulate Bitcoin digital transaction.

tebzzz

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Quote from: Pejoh Asu on June 18, 2018, 10:23:05 PM

I think with a small number of users like now it will be difficult to get all countries to make regulations about bitcoin, but if someday bitcoin users globally reach more than 15% then it will make all countries make the regulation.

I am still confused by the rules that may be made by the government in a country related to bitcoin regulation in the country. how the government system regulates and controls the circulation of bitcoin in its body.

mohammedmattar

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Dealing with Bitcoin has to be wiser
Because it has become a reality and can not be erased
Governments must carefully examine the matter
And exit in a manner that enables them
Of the organization of Bitcoin work through its legitimacy
And follow the course of money injected in order to prevent money crimes
And taxation to take advantage of this trade as a supplier to the public treasury

luigi3

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For me its like blurry shades because bitcoin now was only controling by people and no one can own except satoshi nakamoto, but i think its will depend on how strengthenen the pwoers of government in this case.

Pejoh Asu

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I think with a small number of users like now it will be difficult to get all countries to make regulations about bitcoin, but if someday bitcoin users globally reach more than 15% then it will make all countries make the regulation.

Chachen19

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If the government accepts bitcoin as legitimate they build a legal framework to make bitcoin more efficient, then I suspect bitcoin will follow government regulations that apply to bitcoin.

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