Topic: Will bitcoin go under regulation - page 62. (Read 211129 times)
Well, it cannot be unregulated forever, someday bitcoin will go under regulations, as more and more country thinking about it. I believe if its go under regulation, more and more people will have trust in it and value will increase like crazy.
Seeing cryptocurrency as a threat may not just be the reason for the government to attempt to regulate cryptocurrency. There are other factors such as scams, money laundry and terrorism financing. Regulating cryptocurrency may have disadvantages but the advantages too can't be ignored.
Some countries government are always against bitcoin because they feel if bitcoin available in the market then they will destroy the economy system. But some countries are also accept bitcoin but bitcoin honor those countries regulation.
Some countries government are always against bitcoin because they feel if bitcoin available in the market then they will destroy the economy system. But some countries are also accept bitcoin but bitcoin honor those countries regulation.
This is true, I think there will be some countries agitate very agressive against Bitcoin and other countries are very open to it. You can see it already that some contries have big restrictions against Bitcoin and other crypto currencies.
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 ?
They are the government so they do whatever they want. They can't control bitcoin and it's blockchain? well their solution will be regulation. So that's an obvious answer to say that they can regulate bitcoin, not the entire blockchain system but the people who are using it can go under their rules.
I think it would be better for everyone to go to an arrangement on security. We both feel more comfortable with our users and are more legally legalized by governments.
I think initially bitcoin was created in such a way that it was not regulated. The market should regulate its price and all
yes indeed, many countries whose governments see the 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 that country, so the government can implement a system to control the crypto.
There's nothing called controlling crypto , it won't happened , ever.Regulation just regulation , those people who love it would obey and do what regulation says , the rest of it would remain the same just like before these regulation issues popping up nowadays , just have no idea who still think that regulation would kill Bitcoin , it's a bit exaggerated .
For now, I say Government cannot be regulated Bitcoin. too hasty if the government set the bitcoin and would misstep if they did not know about bitcoin and blockchain. Regarding the potential and usefulness of bitcoin can be a very important thing for the government, therefore for now only a few laws in some countries about Bitcoin. not an easy thing to be able to make regulations in a country. In today's digital age, the regulation of bitcoin as cryptocurrency is also inevitable to avoid crimes such as terrorism and cybercrime. But in the future, Bitcoin will have regulation.
Well even with the fact that bitcoin among all other crypto currencies is difficult to be control nor regulate due to it high decentralization but with the KYC software other crypto coins can be regulated in some ways but that of bitcoin is difficult to regulate.
Yes many govt. take decisions for btc also many country accepted btc for trading based on this many crimes are happening based on crypto currency so govt. also gives some rules and regulations for their citizens safety based on this some govt. also expose tax on btc but I don’t think they can control btc.
Technically, bitcoin cannot be regulated by anyone including the government, because basically bitcoin operates naturally, that's based on supply and demand. But we all need to know, every official who works at central government agencies, they have a prerogative that can regulate everything, as has happened in China, South Korea and India.
I don't believe that any legislature can direct bitcoin alone, in light of the fact that they can't control Internet.Only some sort of control on the world level is conceivable, however I question it will happen soon.Governments can control pay from bitcoin and cryptographic forms of money when you choose to trade your btc assets to the fiat cash. In the most nations, I trust, you will have ti report it and pay impose.
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 ?
As its goes under the government i think it will under go in a regulation but i dont imagine how the government is going to do this because in our country it is legal but also the government do not totally embraced bitcon and cryptocurrency as it is and its uses because still a lot of development needed also a lot of people are reported getting scan n this platform so it is also a issue in the government so i guess they will make a way to relgulate it.
Yes, I think if the governments of the countries want, they can directly or indirectly affect bitcoin, and therefore make it dependent on the authorities.
At the moment bitcoins are not government regulated. Cryptos have very little regulation towards them which leads to call them as decentralized platforms.
This is not true. Bitcoin will not follow the rules. Fluctuations are characteristic of bitcoin. Bitcoin price based on buyer demand. If bitcoin goes according to the rules then it will die.
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 better if the government will regulate cryptocurrency so they can control and monitor its movement to lessen people of being panic due to huge fluctuation.
Bitcoin will only have a full scale implementation of regulation when the government want to hold or to have an access with the transaciton of bitcoin. It could give an extra security for our transaction but regulation could also set a rule on taxation for government to earn on the transaction users could make through the used of crpytocurrency. It might affect bitcoin on a positive way, yet it could also give negative impact to the system of bitcoin.
Eventually Bitcoin is going to be regulated no matter how hard everyone tries. The governments aren't going to let a soon to be trillion dollar market unregulated. Also some regulation is needed to keep a fear in the minds of scammers and hackers otherwise they are going to run free and target innocent people while there will be no one to prosecute them.
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