Will bitcoin go under regulation - page 59.

TheClownSong

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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 ?

Maybe government will not regulate bitcoin for payment but i am believe that government will issuing regulation about crypto trading. Government want to earn taxes and that will require regulation to collect tax

Moblie_Legend

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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 ?

it is true that the government and the state financial institutions are afraid of it at least they regulate or monitor bitcoin

ekalak manjeng

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do not know for sure because currently there are only issues of government issues regarding bitcoin regulations and to date there is no regulatory requirement in my country.

Altf4

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I think it will not go under regulation because the characteristics of cryptocurrency of being decentralized is to prevent itself from its identity to be reveal as cryptos, And one thing bitcoin is design not to be regulated by any institution, especially the government of the land, bitcoin has its own way of business , that have also secrecy and unexpose to the public.

Washball

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First crypto index traded as a token!

Bitcoin is already regulated in countries where you can have and use bitcoins. At least, exchanges will have to follow KYC and AML procedures. They will have to pass customer information to the authorities. All these regulations are for the protection of consumers, says the governments. But regulations are used for tax purposes.

Cryptogames999

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Help the victim scammed by ColdKey

I think in Indonesia too will be regularised soon but still I am not sure whether they do or not.

CryptoBeefy

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It's a threat to the government and they are trying to regulate it in areas of the world and I see it being more regulated in the future. The up side of that would lead to less scam startups.

pasti kaya

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if viewed at this time only issue issues about bitcoin regulations, there is still no government determination to date, maybe they are difficult to do.

fortunecrypto

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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 ?

So far no tone country fully regulated Bitcoin, the resistance is great, and people should continue to resist this, Bitcoin is meant to be decentralized with no government intervention whatsoever if they succeed then the true nature of cryptocurrency will be lost.

deloreswest

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Open and Transparent Science Powered By Blockchain

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 believe they have power to regulate bitcoin.

Quote from: dillema018 on June 07, 2018, 06:04:19 AM

Quote from: yusupjatigumilar on June 06, 2018, 10:13:28 AM

No, I do not think the government can completely stop the use of bitcoin, because it is global and not only used by one country alone, perhaps if the governments of the whole world can cooperate and form an institution that regulates it may be possible

There is no chance that bitcoin will go under a regulation, bitcoin is a community not a single organization , no country will control bitcoin or prevent it from being used by people who are in crypto.

yes bitcoin seems cant be regulated buto believe goverment will make ridiculous regulation that regulate the buyer or like china who ban cryptocurrency. I do think it has big impact to community and to market even tough they cant stop bitcoin but it does affect market somehow.

dodz031718

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Not all banks was scared in bitcoin like some country which banks was looking to use it for good and also many branches here was tottaly accepted bitcoin as a payment method.Regulating bitcoin is possible but impossible to implement all over the world for there are different kinds of culture and traditions all over the world.Government is not the same and also the citizens have different capacity to think about crypto.

suse100

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Countries and their governments dont touch bitcoin and other crypro till they dont have big problems with it.

I dont know if there will be some problems, but i am sure, it will be great fight in future : freedom vs regulation.

costanos02

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Government cannot control bitcoin, government did is to take some restrictions, but if the government take regulations on bitcoin, that means they allow bitcoin in there country and all they have to do is to build some regulation so that government may earn from it and for security purposes.

dillema018

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Quote from: yusupjatigumilar on June 06, 2018, 10:13:28 AM

No, I do not think the government can completely stop the use of bitcoin, because it is global and not only used by one country alone, perhaps if the governments of the whole world can cooperate and form an institution that regulates it may be possible

There is no chance that bitcoin will go under a regulation, bitcoin is a community not a single organization , no country will control bitcoin or prevent it from being used by people who are in crypto.

bohtrung3

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It would be difficult to regulate Bitcoin. Bitcoin is a cryptocurrency based on a decentralized system. There is no central authority that can regulate and control it, because many countries whose governments see crypto as a threat to the sovereignty of state finances, but if the government wants to implement a system to control crypto or bitcoin, the government must first legalize crypto in the country, so the government can apply a system to control crypto.

pencuri hati

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for me, if bitcoin under rule will require some stages for setting rules, because it is not as easy as turning the palm of the hand.

crossabdd

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bitcoin can not be set by government or country. they can not make rules. but they can prevent or restrict bitcoin users. with users following government rules .. so activities on bitcoin can be monitored. and between fiat currency and Bitcoin can run together.

Axelseseclevz

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I believe that,the aim of the bitcoin is to help people around the world. Government regulation with bitcoin,i think it will be happened. On that time,the government and bitcoin will a have a mutual understanding,towards a better future.

SnapDown22

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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 ?

indeed if the development of bitcoin can not be suspended and more and more investors I think will adversely affect the financial institution of the government is indeed if with the regulation to make the price of bitcoin will become controlled

arguelles84

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The CFTC identified bitcoin as a commodity and announced that under bitcoin trading involves fraud and fraud, and now bitcoins fall under the regulation of commodity futures. The CFTC authorized CME and CBOE to launch bitcoin futures. The Commission also approved a platform for trading and clearing derivatives for LedgerX, LLC.

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