Bitcoin Forum

Economy => Economics => Topic started by: mzforfree on June 17, 2017, 06:33:16 AM



Title: Financial innovations/technologies/regulations and its effect on BTC vs fiat
Post by: mzforfree on June 17, 2017, 06:33:16 AM
More regulation without interference from central banks = even if it's heavily regulated it will still make the value go up especially by a gov as big as the government.

Regulation via FEC (SEC regulatory body for electronic currencies): The more "teeth" and authority this body has will directly contribute to BTC's rise. This is the federal regulatory body that was able to settle up against those two huge bitcoin betting sites giving us precedence that federal regulation and interference is both plausible in practice and a legal framework moving forward will able to be interpreted by highly respected federal judges who can make definitive precedent judgement that will shape the value and cite via hard evidence the most reliable method of exchange for this currency.

The ONLY regulation I see that MIGHT make BTC's real exchange value go down is if the federal reserve and the central banks get involved, but even if this were true the blockchain was built to be entirely transparent so if they are blatantly fixing the price of the market or manipulating it in any way to their benefit the community at large will still have power beyond the basic ability of buying and selling their own modest capital reserves as compared to a federal bank.


Title: Re: Financial innovations/technologies/regulations and its effect on BTC vs fiat
Post by: HabBear on June 17, 2017, 07:07:18 AM
More regulation without interference from central banks = even if it's heavily regulated it will still make the value go up especially by a gov as big as the government.

I'm confused...there is too much regulation? Possibly, but you gotta be more specific. Regulation over what exactly: finance, projects, security profiles, etc.


Title: Re: Financial innovations/technologies/regulations and its effect on BTC vs fiat
Post by: mzforfree on June 17, 2017, 07:47:50 AM
More regulation without interference from central banks = even if it's heavily regulated it will still make the value go up especially by a gov as big as the government.

I'm confused...there is too much regulation? Possibly, but you gotta be more specific. Regulation over what exactly: finance, projects, security profiles, etc.

Sorry for that proofreading it now that does sound confusing.

What I mean is that as long as the regulation is within the public domain and transparent (as all federal regulatory agencies and statues should be) and as long as these regulations don't involve the federal reserve, or huge centralized banking authorities (huge private banks owned by private interests yet responsible for determining public policy) the price will go up as that is the only regulation that will change the very nature of blockchain as it's inherent value to the  vast majority is the DETACHMENT from any one regulatory agency as far as it having a set interest each year.

So regulation over any of those investment technologies would increase the stock because those to me would be "honest" and "protective towards the average consumer". Much of what i see these days especially in finance are all these complex ways that big banks and private corporations and interests use to manipulate the market or to sell off unwanted stock (wiki: housing bubble and derivatives market collapse).


Title: Re: Financial innovations/technologies/regulations and its effect on BTC vs fiat
Post by: arpon11 on June 17, 2017, 08:18:00 AM
Fec or sec regulations of bitcoin and other crytocurrency may be for a selfish reasons and if it is not for selfish reason? They regulations may impact the market positively. Op a very nice analysis and well write up.


Title: Re: Financial innovations/technologies/regulations and its effect on BTC vs fiat
Post by: Hydrogen on June 20, 2017, 03:33:17 AM
In theory: regulation should be fair and unbiased.

In reality: is it accurate to say regulation functions that way?

Paypal being a regulated form of currency exchange only seems to enforce their corrupt and criminal practices.

Who is to say bitcoin wouldn't suffer from similar practices if it became regulated? Which would contribute towards its price declining.


Title: Re: Financial innovations/technologies/regulations and its effect on BTC vs fiat
Post by: mzforfree on June 20, 2017, 04:23:10 AM
paypal is a service as old as time itself.. bitcoin is a whole new type of currency and idea