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Topic: Will bitcoin go under regulation - page 61. (Read 211123 times)

newbie
Activity: 7
Merit: 0
June 06, 2018, 07:35:52 AM
My guess is that it will in one way or another. It really depends on how far the "regulators" will go and it what direction. Regulating could lead to more recognition and bring in a lot more investors. On the other hand, if they slap the crypto with thousands of rules and taxes, then it could lose some of its advantages over fiat.
newbie
Activity: 112
Merit: 0
June 06, 2018, 06:55:10 AM
But it was invented to be freely used by everyone, right? not under laws? why everything is go off the track to compare with satoshi's vision? but to answer your question, it's hard to make a fully regulation over bitcoin. they've been trying but failed many times, see
hero member
Activity: 729
Merit: 502
June 06, 2018, 06:53:47 AM
Few months ago I thought they can do it. But now I clearly see that they can't. They can only ban it or accept it. There is no third way. I prefer to live in country that accepting cryptocurrency and that's all.
newbie
Activity: 280
Merit: 0
June 06, 2018, 06:53:42 AM
I have also heard a news like this few days ago. I think if bitcoin wants the acceptance permanently among countries it have to accept the regulations implemented by the governments. But I don’t think so it would be easy for governments to regulate bitcoin.
newbie
Activity: 55
Merit: 0
June 06, 2018, 06:49:27 AM
At present situation government think bitcoin is threat for his kingdom. There is no control on bitcoin for a government. I think when bitcoin will recognize all over the world then bitcoin go under the regulation of government.
member
Activity: 336
Merit: 10
June 06, 2018, 06:39:22 AM
Because BTC is used by some criminals to launder money or carry out other criminal activities! BTC is forbidden by the governments of many countries!
If BTC and some cryptocurrencies are supervised, BTC may be protected by law in these countries!
This is beneficial to the development of BTC!
According to your logic, the government should ban Fiat money, as they also buy drugs and weapons. I believe that the regulation of cryptocurrency is not necessary otherwise the meaning of cryptocurrency ? might need a regulator with the entry of new companies on the ico
newbie
Activity: 22
Merit: 0
June 06, 2018, 06:04:31 AM
Ecли кpиптoвaлютa, любaя, нe тoлькo Биткoйн, бyдeт yзaкoнeнa, тo этo пoдpaзyмeвaeт и peгyлиpoвaниe. Boпpoc в тoм, кaк этo peaлизoвaв, нe дoвeдя дo пoлнoгo aбcypдa или нe пepeкpывaют пoлнocтью вoздyx тeм, ктo нaxoдитcя в тeмe. Beдь, кaк гoвopилocь yжe, Биткoйн дeцeнтpaлизoвaннoй и в paмкax oднoгo гocyдapcтвa ocyщecтвлять кoнтpoль и peгyлиpoвaниe кaжeтcя пoчти нeвoзмoжным.
sr. member
Activity: 798
Merit: 268
June 05, 2018, 06:44:36 PM
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 ?

Government can't control BTC net but can control people in own countries. It could be some laws and people will have to pay some tax for coins exchange and etc
Yeah, they can't control bitcoin but they can make regulations that can affect the market of cryptocurrency in your place.
Government are too desperate to make a regulations so they can still collect taxes which they really need to improve their economy.
newbie
Activity: 48
Merit: 0
June 05, 2018, 06:37:51 PM
bitcoin can not be set by anyone, is individual.I think so that the government is not worried about the existence of bitcoin, the government should cooperate with cryptocurancy with the results of negotiations every government transaction gets a fee of several percent of cryptocurancy.
sr. member
Activity: 658
Merit: 250
June 05, 2018, 06:20:44 PM
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 ?

Government can't control BTC net but can control people in own countries. It could be some laws and people will have to pay some tax for coins exchange and etc
jr. member
Activity: 63
Merit: 1
June 05, 2018, 05:40:42 PM
I think yes and I am not against to bitcoins under government. Because in my opinion it is good for us if this bitcoins will be on the government hands to make it legit. I think if this will happen government will gain the rights to control the price of this bitcoins that will make it stable.
full member
Activity: 854
Merit: 104
June 05, 2018, 04:32:31 PM
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 ?
Governments can not interfere with the decentralized nature of bitcoin. The technology blockchein is designed in a way that will not allow it to do. The state can classify bitcoins and other crypto currency, determine the conditions for its circulation in the country, including its relations with other currencies and establish the conditions for its taxation. Such regulation of bitcoin is possible and quite acceptable.
legendary
Activity: 1526
Merit: 1001
June 05, 2018, 04:31:48 PM
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 ?
The government does have these traits, they still feel the fear of bitcoin price movements. Although bitcoin now has a very good reputation, but the government feels that very high bitcoin price volatility is a matter of course becomes a very serious issue. If there is to be a regulation there must be support from many governments, therefore the regulation made and determined by many countries will make the bitcoin position stronger and more stable.
member
Activity: 238
Merit: 10
June 05, 2018, 04:27:33 PM
Governments do not need to create a "ministry" to regulate crypto currency. However, we must provide business with the opportunity to raise money through these instruments and provide security guarantees to investors who want to invest in these financial instruments
jr. member
Activity: 470
Merit: 1
June 05, 2018, 04:24:56 PM
By looking at the current situation or condition, there seems to be an attempt by the governments of many countries to make rules about crypto, especially bitcoin. Moreover, do they want to be able to control the development of bitcoin? I have no idea
copper member
Activity: 224
Merit: 3
June 05, 2018, 04:22:43 PM
We would inevitably see some structures built around bitcoin as we progress, but maybe it would actually be regulation in the real sense of it, i doubt.
member
Activity: 350
Merit: 10
June 05, 2018, 04:18:39 PM
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's still possible to regulate the use of Bitcoin as well as to regulate other financial instruments. Just like the dollar, Bitcoin can be used for various purposes, some of which may be considered legal or illegal depending on the laws of a country. Related to that, Bitcoin is no different from other devices or resources that must follow different rules in each country. Bitcoin can also be complicated by strict regulations, making it difficult to determine how many percent of users will keep using this technology. The government that prohibits Bitcoin will prevent its business and domestic market from growing, thereby shifting the chances of innovation to other countries. The challenge for policymakers, as it always does, is to develop efficient solutions without hindering the growth of newly emerging businesses and markets.
newbie
Activity: 48
Merit: 0
June 05, 2018, 04:11:01 PM
I think it should be regulated because bitcoin is a threat for conventional financial systems. But the regulation should be carefully designed to avoid the market growth of these innovations. The regulation regulates in such a way that are needed to make it easier for people to trust bitcoin as a digital investment asset.
member
Activity: 560
Merit: 11
June 05, 2018, 03:55:45 PM
the government will not be able to control the system and the workings of bitcoin. the government can only limit, and also manage from outside the blockchain system. such as maintaining the popularity of bitcoin, and also make preventive rules not to be used as a criminal tool.

the regulation also helps bitcoin to be stable, but regulation cannot cure bearish market.
member
Activity: 952
Merit: 41
June 05, 2018, 03:37:17 PM
Bitcoin being regulated is the next and the impossible option to the authority and government because bitcoin as a highly decentralized digital currency can never be control and at that what you don't have control over you can regulate its activities. Bitcoin is above the world government and the financial revolution in the world financial system.
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