Bitcoin Forum

If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?

Accepted by who? There is already a large, enthusiastic community supporting the goal and targets of bitcoin.

Regulation isn't necessary for growth or mass global adoption, this would happen naturally as more people become aware of the potential and possibilities. And decentralization is what makes bitcoin a suitable alternative to fiat.

If bitcoin gain recognition or accepted on a global platform on the ground of be regulated by the authorities, will no longer represent the core value of it purpose and also the regulation will distort it power of decentralization.

According to what is being done in Mexico, due to the nature of bitcoin, it would be practically impossible to try to regulate its technology, so the authorities of the country are trying to regulate the companies that use bitcoin to prevent they use it as a way to launder money or to commit illegal activities, and I think that maybe in that direction all regularization proposals go: to the people or institutions that use them, not to cryptocurrencies.

Bitcoin will be an acceptable currency. But first, there are two important issues. First, the Bitcoin transaction speed needs to be improved. It is not practical to make payments quickly. The second is a legal arrangement. In other words, countries should regulate their crypto-money business in a way that is lawful. If these two issues are completed, we can often use crypto coins in the future.

Here is something that is currently unrelated but could potentially alter the price of bitcoin, it is the fact that the stock market has been on its longest bull run and will be hit with a crash soon,when that happens ,a lot of investors are going to flood the crypto market with whatever they can salvage from the cash. Cryptos will be the likely choice because it seems to be among the markets that is not positively correlated to the stock market.

I think that btc should be accepted by the largest companies and businesses soon. In the nearest future, this will definitely happen because the market will move forward and changes are obvious

OP, as far as i believe you are very much aware that the main purpose for which Bitcoin or crypto currency in general was created it to be a coins that is decentralized in nature and be accepted world over. If it must be accepted on the condition of regulation by the government which is contrary to its original purpose then government should continue with their fait currency and leave crypto currency because is was as a result of government manipulation and regulation that led to the creation of crypto if am not mistaken.

why are people obsessed about regulation.

you might aswell ask will people eat if food was/wasnt regulated, wil people go toilet if bathrooms were/were not regulated, will people talk if voices were/were not regulated
things do not need regulation.

regulation PRETENDS to help normal people. but all it does is give businesses a bit of accreditation. its like a toddler preschool gold sticker of well done accreditation.

in a world where no regulation is required. a business with regulation showing up and publicising their policy. it just makes any business without the shiny star or the sherrif's badge of KYC automatically look shady. thus makes people stupidly trust something due to a gold star/accreditation.
yet the financial criss of 2007-8 shows that regulation didnt do anything. and banks still do what they did before. and people got screwed

whats really needed is to stop begging/hoping/lobbying for regulation. as that helped no one with bank mortgages and loans in 2007-8..
instead people should lobby for consumer protection and easy access to the court systems and other things that help normal people, not businesses

regulations and consumer protections are 2 separate things

I understand were your going with this topic,you may be correct that bitcoin is not accepted worldwide,but there is mass adoption of the currency In numerous nationalities and it's a wonderful feat..

  Yeah for a truth most countries have placed bans on the bitcoin as their views of the currency is one of indifference,so if the proposition be that bans be lifted and the currency being freely circulated in exchange for government regulations,then its a big no for me everyday of the week

This currency was created to be decentralized,no government rules,no central body nor banks,no insurance...just you I and every individual in the system,yes we alone decide its value whether intentionally or unintentionally...

 I think government involvement in this system could lead to many throwing in the towel..

Disregarding it's a Decentralized nature, I think it's should be accepted this should be done by big companies and organisations at large which I turn we know it has a future to stay and we need to understand the potential benefits and risk it involves.

Regulatory bodies would surely press these regulations on bitcoin no matter what. It's needed for widespread adoption knowing that most businesses and establishments are in compliance with their local SEC and department of trades. If they are to not impose regulations on cryptocurrencies and people began accepting it, how can the government apprehend wrong-doers and fraudsters if they have no grounds to do so? It'll be easy for scammers to scam knowing that there are no regulations that they should be afraid of.

Accepted by who?

There are clearly people who think bitcoin will be accepted by governments
around the world as their currency. Its dilusional to think this

The question has to be asked, how can bitcoin become centralised?

In my opinion, there is no need for btc to be regulated as this has been proven to be successful to it's purpose and function of being a decentralized currency. With or without the government support of some governments globally, btc has manage to more independent and work efficiently as a payment system and a digital currency for investment. All it needs is mass adaptation wherein the more people supporting btc, the market growth could be substantial and more investors will be coming in thus resulting to a marginal profit.

I don't think that needs to be regulated if it eliminates the decentralization that bitcoin has, and I think it's also difficult and won't work, because bitcoin doesn't need it all.

for some reason some people tend to think in black and white when it comes to bitcoin!

they say it is either be regulated or  die. or not be regulated or die! in case of OP he thinks decentralization will go away if regulations come! which has nothing to do with each other.
it is like the bitcoin and banks thing all over again. where for years these people said bitcoin will either die or replace banks. they never said bitcoin grows while banks still exist...

There is a problem. You want Bitcoin growth and acceptance by a large number of people. To do this, you need to go for Bitcoin without problems, quickly buy bread. But entrepreneurs do not want to work with a volatile currency. For business it is good when the currency is stable.
Perhaps now Bitcoin is stabilizing and will show slow growth. This is the best scenario for adoption.

Bitcoin has received a lot, the existence of bitcoin really helps the community, don't get me wrong.
The bitcoin community is starting to develop well, so I think this is widespread, it's just that those who haven't or are less sensitive to the existence of bitcoins who can't accept bitcoin.

Bitcoin was already a legal currency that all people can accept it or any stablishment and businesses but in some condition their government should accept it first also they need to set up their own wallet that may recieved bitcoin but in an individual we can only used online wallet to used bitcoin.

I think Bitcoin will be acceptable and be legitimate in the future. And it will be adjusted accordingly to put more active use.

Putting aside it's own decentralization for the sake of acceptance may lead to a result of a huge lost, we see in everyday bitcoiners lives that using a bitcoin become widely popular for not goer person like me, but if we blend it to the society disregarding the importance that it should be only use wisely not adopted by everyone you know.

which I know to date, accepted or not bitcoin, has not been a barrier to its growth to date.

The adoption of bitcoin as a buffer against bitcoin has become a global currency. Today's countries have been legally bitcoin, bringing electronic transactions into widespread use.

I think bitcoin is a trend because of its decentralized nature. if bitcoin loses decentralization, the demand will be reduced

At the present time, we can see that most countries around the world have accepted bitcoins circulating in their countries. The approval of Bitcoins also makes them have a better path and their value. Increasingly compared to human needs. Although the number of bits in the world is limited to 21 million coin, their value is really high.

I think the acceptance of bitcoin is good. Because of this we accept bitcoin wholeheartedly because we see that it will bring about our country and also help our poor people to get their lives in the future too. we should only accept bitcoin.

For nowadays, acceptance of bitcoin is likely to decrease. But if we as people who know about this bitcoin pose a bit about Bitcoin to the unemployed or less income , this may increases bitcoin acceptance in that country. We can spread it through social sites like Facebook by using the verses that can attract other people to try getting the free money in Bitcoin.

That will never be possible because bitcoin is design to be decentralized in nature and at that there can never be any form of regulations that will work in the network, but if you talk about acceptability bitcoin will be accepted no matter what it may be gradually but we will still get there.

I think it's not possible with bitcoin that has been decentralized, even I don't understand the reason for accepting that requirement. What I know is that bitcoin cannot be controlled or controlled by anyone.

. Yes, I completely agree with your opinion on this topic. After improving these two things we can use bitcoin as way of payment method

If what is meant by acceptance by the government, in my opinion it will be better for the development of Bitcoin, but even though some countries do not fully accept Bitcoin I think Bitcoin will continue to grow as long as there is mass adoption from the world population.

I think that is not a problem as long as the regulation is beneficial for all, but if the regulation is detrimental, it should be considered again, because if it is detrimental, it causes many people to suffer, it does not help or facilitate, it means that there are some who think of personal interests.

As Bitcoin is decentralised it therefore follows that there is no central controlling body. The only control central banks or for that matter any government or organisation can is by regulating exchanges etc. Regulation of exchanges in one country will just meen that they move to a more favourable location. Regulation can't and won't happen.

people who invest in bitcoin will definitely get satisfying results for this to be careful to buy the price of 1btc don't we get a bigger loss and can make us crazy.

It will be regulated by a party such as the government or another party. Look at what you said 'regulated' maybe that means the government will have the authority to determine the direction bitcoin is used.

By accepting bitcoin a government will have a right and will they want. And eventually, there will no longer be a system called as a decentralized system.

I think yes, it needs to be adjusted to be more complete and accepted in many countries. If it is accepted in many countries I believe it will grow very strong. What we need is to ensure that bitcoin has the farthest future.

If we have a centralized digital coin by the government then I think it would be more convenient since it will be more secure and people will have less to worry about hacking it because the government will have a solution for that afterwards.

Bitcoin is accepted in few countries may be, but there were negative news coming out about banning of crypto in total and new situation seems simmered as there are no negative news from past few weeks and i think this is the signal of acceptance or just that some countries do not have any issue with the crypto and they might accept it in future.

If more and more establishments will accept BTC as a payment and most of them will be Big industries- I think governments will put so much pressure on regulations and much stronger than what we are experiencing right now. Bitcoin was fine when none of these restrictions that were made and people are happy trading. Well I think that is how government works, makes a way to stop things that they could not benefit from even it is good for the normal people.

If bitcoin isn't regulated, how are we ever supposed to actually achieve mass adoption?

Regulation is good for cryptocurrency.  I understand that many believe that this goes against the principles of crypto, but I do believe that without regulation, the potential for fraud and crime will be immense, and this will stop TRUE money (institutional) from being a catalyst for the next bull run.

I agree, there seems to have been a shift from the concept of outright banning to a "where do we go from here, now that crypto is staying" perspective.  I think this is healthy.

The decentralized nature of Bitcoin is the key feature of this digital currency which gives its unique nature where all transactions made of the bitcoin network visible to everyone on the network. No matter how hard they try to regulate Bitcoin, it will be in vain. The best option is just accept Bitcoin the way it is.

Are you talking about SEC acceptance? If SEC accepts cryptocurrency then bitcoin will go under regulations, it is true. But I don't think that will be good for us. Though we may be getting a stable price, but regulations will destroy bitcoin's nature and blockchain's revolution! That's why I am not with bitcoin's regulation things. This is just my personal opinion.

Just us as long as whatever regulation is made can still preserve the features and advantages of bitcoin, that should be okay in my opinion. Regulation may just be security policies, right? The decentralized feature of bitcoin is its best feature, so there should be no attempt to alter that.

The nature of the majority of the public is very synonymous with new technology and competing with each other to learn it, so Acceptance of bitcoin seems to be good every day, and will fame globally, because bitcoin is the first digital and decentralized crypto currency in the world to be used as a new exchange tool

For bitcoin to be widely accepted, merchant adoption must come first, and unfortunately it has been largely declining in 2017 because of the high tx fees at that time. As the effect, everybody started talking (even in this forum) that bitcoin is just a store of value, not currency.

The whole concept of bitcoin and any other cryptocurrency out there is a against centralization and regulation so why would you even think of it that way. If it becomes regulated then its whole vision and mission has failed and don't be deceived bitcoin can be accepted in it's decentralized manner.

If bitcoin will be regulated and government will hold unto it, i do not think it will go on in a positive way as it does right now. Acceptance and/or adaptation isn't hard as long as they will not removed it's decentralized standpoint and position.

We should learn to give bitcoin the chance to grow into full adoption. This cannot happen overnight. Regulations will not bring acceptability and it may impact negatively on decentralization. The adoption we have seen so far with bitcoin is a proof that it will grow tremendously with time and remain in use.

I fully agree, but as I said in my post above - merchant adoption must come first, and sure, it will not happen overnight.

What do you mean by "accepted"? Bitcoin is accepted by many companies nowadays, so what's the use?

Bitcoin may have a dedicated and passionate group of followers, but it will never be a globally accepted and usable alternative to fiat unless some kind of order and stability is in place. This by implication means some regulation-central or otherwise. Until then bitcoin  will remain nothing more than an interesting technology and speculative investment vehicle-except there is nothing to back it up unlike conventional stocks and bonds.

Government  acceptance is  on the process,they are  working  on regulating  Bitcoin or Crypto  currency  so  that it will be used  as  currency  in near the  future. Decentralized  system is the way  why  Bitcoin  is  being  popular and the reason why it grows  so  fast.

Bitcoin is already accepted and used by most people that's why they choose bitcoin over fiat because it is not being regulated. That's why decentralization makes it the best alternative to fiat money.

I do not see any solid reason that why should we even Need banks after all this. They are treating us as slaves, and we are nothing more like a money-making Puppets for them. Bitcoin gives just the freedom to earn and spend our money as we want no matter how much are whatever ways we spend the money nobody is going to question us. It is a freedom from rules and regulations, of course, it means we are at a greater risk and we should manage our money much more security because Scammers and hackers are everywhere.

I love being in this area
This is the most realistic vision I see
The equation is not zero at all
Bitcoin can live and grow with the presence of banks
It is important to look for common spaces
Bitcoin maintains its character.

The root of all systems is economy. Governments also belong to this category, and if economy will be decentralized, no need to be managed. So if the cryptocurrency replaces the paper money, i don't think it will be used as it is now.

The acceptance of bitcoin is a reality that increasingly consolidates and many businesses are going in this direction, allowing the market to grow and expand to encourage investors who believe in its potential

If the acceptance that you say is in government, in my country it is not already accepted or legal. But i think bitcoin work for that, to become legal. But if as a payment, it is already used in some selected store or stablishment.

Yes. We should accept bitcoin. Because the value that bitcoin brings is huge. Bitcoin has opened up a new world of electronic money. It creates a vibrant economy. Many countries have become rich when accepting bitcoins. Many people have become bitcoin billionaire. Bitcoin has become the work of earning money without breathing of many people. I hope in the future bitcoin is accepted globally.

Who are you suggesting it needs to be accepted by? There is a huge community out there, many on this exact forum, who believe in bitcoin and accept it. And regulation is not a necessity for success

bitcoin's acceptance has been in existence for several years already. countless merchants are already using bitcoin as a form of payment. and up until now, they are still gaining acceptance in various industries. and yes, regulation i believe is also not a necessity for success. i prefer that government will not impose tax on this cryptocurrency.

in this tug of war battle for acceptance bitcoin have won even in the government side theres a lot there that holds bitcoin, regulation in just a front for formality but the acceptance is there its just to undergo process, the reason of bitcoins slow adoption is that majority of the ordinary people out there dont know what is bitcoin and blockchain, each of us must educate the people sorrounds us starting with our friends and relatives.

Maybe what do you mean by acceptance of bitcoin by the government? if indeed the world government adopts bitcoin technology that is Blockchain I think it's permissible, but if the government regulates bitcoin I think it will not be possible. Because bitcoin can be accepted by anyone, but bitcoin is anonymous, no one will arrange it.

i think it will good when bitcoin is already accepted in all country in the world, regulation? i think regulation is make we more discipline and honest with our government, so i think it will give a good result at the end

We understand the possibility of using Bitcoin in illegal situations. I don't like it. I think about the need for regulation in this case.

I think that is what bitcoin should do when the regulation created. Maybe it's not for controlling bitcoin, but it's for controlling the use for every people who have bitcoin or when they make a transaction. But I don't know what exactly the governments want, and they remain silent about the cryptocurrency. But soon, I think they will give a statement about bitcoin and cryptocurrency and perhaps, they will make regulations related to cryptocurrency.

What you said I think will not be possible. In part, btc can ignore the decentralized nature, the other part is who accepts the BTC and how to accept it as it is but the least possible change.

Thats a very contradictory acceptance of the bitcoin if it were to be accepted in regulatory environment without compromising its decentralised nature. See, a decentralised environment is what giving the bitcoin real nature of it, and thats why it is being used for all the activities that are being done these days. For example, freely being played over the trades, gambling, dice games etc. But once the regulations starting coming up then they will surely intervene with the use of bitcoin in terms of above games, and investments. The same way they do it for the stocks and exchanges etc. I guess it wont be really good move and I guess that is why Satoshi made it like that way in the first place.

shouldn't be decentralization if goverment taken hadle crypto

Acceptance to bitcoin globally is still an issue because still there are so many countries that are not ready to accept bitcoin even with regulations being imposed. While there are other countries like Japan who have become leaders in crypto economy and set such liberal policies for operation of the crypto market. The other countries are not ready to accept this change really because they are reluctant to move to a thing that would be beyond their control and the operational autonomy won't be enjoyed by them. Anyhow it is going to be long before bitcoin becomes a world leader!!

If bitcoin is accepted but must eliminate decentralization, I do not agree because it will eliminate the artistic value of bitcoin, it is better as it is now even though the government prohibits using it for transaction tools but does not prohibit it only for investment, but bitcoin does not lose decentralization.

In my opinion. what needs to be regulated is about the regulation of crypto currencies and data protection for crypto users. so crypto users can feel safe using crypto. Crypto users are required by KYC to use crypto every time and it is very troubling. and personal data can be hacked but misused by irresponsible people. so that high-level data security is needed and server security is needed from hackers.

Because its nature is decentralized, it is difficult to change. But if have the improvement, the country will have a better view into this market.

Wether they like it or not Bitcoin is already accepted by those people who understand it. once the adoption period reach more than 50% the government will have no other way but to accept it. They also have a hard time making a regulation in bitcoin because each country have their own perception about it and there  could be contradiction on each side.

There has to be a compromise
Maintains Bitcoin's independence and personality
It also achieves an acceptable amount of regulation that satisfies traditionalists.

Yes, I agree with you, the Bitcoin exchange market provider must tighten the security of users, namely by making KYC for the sake of valid data for users, so hackers will not be able to break the bitcoin user's personal data and there will be no more misuse of someone's account because of hackers. If this is applied bitcoin users will feel the benefits of the presence of bitcoin as a digital asset.

Yes it will be a big help once the government and all people accept bitcoin. In fact that it has a huge value and we can see many proofs that changed their lives with the help of bitcoin. It can decrease also the financial problem of anyone who uses it.

Bitcoin were already accepted by some countries who adopted the blockchain technology.Some countries also accept it but with some regualtions,only the government itself were afraid of its existence because of its decentralized concept that cannot be easy to control.

It is true, some countries are using Bitcoin as their payment for their needs, Some are using it for advertisements, There are also stores that are accepting Bitcoin as payment, You see bitcoin is everywhere in the world, It will be accepted and used worldwide , It is the future currency of all I think because of its potential in making our lives more easier.

it will give us many benefits if bitcoin accepted in all country in the world, we can see that bitcoin is can be used in all merchant and used by all people in the world directly from their bitcoin wallet, cashless society will growing because of bitcoin

if bitcoin wants to be recognized as a currency, I think it must be regulated. see the characteristics of a currency that has a stable value. so bitcoin must also have that. thus making users feel comfortable when having bitcoin for a payment or money transfer transaction. but if bitcoin stays on decentralization, then bitcoin will become a digital asset.

Bitcoin and the big altcoin will gradually be accepted as a payment method! Take time and have more support for Bitcoin and altcoin!

In my opinion, Bitcoin wiil be accepted by many countries in the world, especially in bussiness, because  they need to transact more and more, but some problem need to be given some solutions such as the speed of bitcoin.

chances are that it could happen without anyone being able to know for sure, of course, along with the development of the times and technology all could happen, but in my country the cryptocurrency has not been fully inaugurated by the government of course for this purpose it still needs a long time and process

Bitcoin will be accepted worldwide because there was always need for "internet money". Future will tell if we will see some new project take its place.

in my opinion. Bitcoin games are very useful for us, bro. if we have experience, capital and can play market conditions so we can benefit.

It could still be regulated and remain it to be decentralized. Regulations will help to identify scam ICO projects, promote the security of the cryptocurrency users, Encourage the users to use the cryptocurrency as it has a lot of benefits brought, and etc. There are many things that cryptocurrency could be at help but with the problem we had in anonymity, more users are scamming another users for it has not been regulated.

See how the market stock exchange work. It was being regulated but how come that stock market exchange has grown? This because it has the support of the government and in cryptocurrency we are needing also the its support just like in stock market exchange.

If bitcoin is accepted, a bright future will be opened for humanity. But to change the nature of bitcoin is one that is hard to do.

That could be a good for every country to accept bitcoin and help their people to work and pay on this currency that also become investment because it can make profit after giving on them. This will benefit everyone but government could control the transaction using bitcoin because they will be concern that may increase cybercrime and other illegal activities. Other than that, even government can benefit from it also and help to improve the economy.

See Bitcoin has already been accepted by global mass thus acceptance is not an issue.But the regulation is and if Bitcoin gets regulated the USP of Bitcoin that is it's decentralized nature is gone.Soo the main issue is the government should think about regulating the transaction of Bitcoin without making it centralized so that the medium of earning gets available for many more.

The two most important features for crypto coins are decentralization and transparent shape. If the centerless structure breaks down, I think it loses all its features.

This is a great news for the cryptocurrency world!

˝Fidelity Investments, a financial services giant with over $7 trillion worth of assets under its management, has launched a company called Fidelity Digital Asset Services, which will be providing custody and trade execution services for cryptocurrencies. ˝

https://coincodex.com/article/2488/fidelity-investments-launches-crypto-focused-company/

I agree with the above. The main advantage of Bitcoin is that no country can control it. If he becomes a likeness of fiat currencies, then he will simply lose relevance. I hope this will never happen and Bitcoin will gradually replace fiatnnye currency and fully integrates into the global financial system. Certainly, there will be some regulation, otherwise it will be impossible to fight drug trafficking, money laundering and other illegal actions.

The beauty of Bitcoin is that it needs no permission from government. It is a true P2P currency on a global network.
Bitcoin doesn't ask for permission.
The network is constantly evolving, just like how the Internet evolved as the number of users grew.
There will be side-chains and overlays. Other things will likely change too as the technology matures and becomes easier to use.
Bitcoin is now where the Internet was circa 2005, poised on mass adoption.

The fact is that bitcoin can't be regulated only the exchanges can be regulated and the bitcoin transactions can be monitored but if that is world wide accepted it will not be possible so bitcoin acceptance is the real matter which is irresepective of regulation na d this is to make tax for the governments only.

Bitcoin is the buzz word now the world over.
So many investors are getting involve ,which can be said to be the reason for the massive growth of bitcoin .
However, the bitcoin adoption rate in recent times have left much to be desired.
It is a fact , that without bitcoin getting massively adopted by the public....its growth would staunt.

So to begin with, all the core key technologies of the blockchain must be improved on in order to drive adoption rate of bitcoin  upwards.

Unless it is centralized and can be directly controlled, bitcoin can't be regulated by any government because it is a decentralized virtual currency unlike the fiat. Government can only regulates the transactions of the coins in the cryptocurrency exchanges. Majority of the present crypto exchanges are also centralized and can be regulated and controlled but there are also few DEXs or decentralized exchanges that can pose a big problem to the government's ability to impose regulations in the future.

That will be the end of bitcoin the day it changes from its primary principles of decentralization to be centralized. Then the government will just get the control which they desperately needed and will be in charge of bitcoins and its management. The empowerment tendency of bitcoin will cease to be because bitcoin will become the elicit coin where only the rich and noble will only have access to bitcoin.  

in my opinion, what needs to be regulated by a country is to legalize the use of bitcoin, because after I have few countries legalize the use of bitcoin, including my country, if more countries legalize bitcoin, more people will use bitcoin.

Decentralization is the main reason why people loves using bitcoin. Therefore if it will be gone then there is no use of it, or it has no difference to fiat. It will be useless as to be called as digital currency, or the new face of currency. The regulations must be implemented to protect the rights of the investors not for the government to take charge of the system.

the question, who set it up? after all bitcoin has fantastic value because no country can manage bitcoin. this is a fact aside from technology. so this discussion is not very relevant.

Indeed, if regulations needs to be implemented it should be focused with investors and traders rights, there's nothing to be changed with the system and how things works being decentralized, if the government are concerned with their people they should create additional laws about digital currency within their jurisdictions but the sole purpose for international decentralized chain should not be affected.

if bitcoin accepted by the public and becomes the main facility for transactions, national or international. for small values or large values, bitcoin always requires regulation.

hacking, theft, scam, and every FUD always comes every time. regulation has the aim to protect each asset and protect users from all that. so, regulation is very important.

Regulations are good but bitcoin decentralized nature is something to be concerned about,but I know certainly that the creator of bitcoin can create what anybody needs to regulate it,its like virus and anti virus,.then bitcoin can gain more acceptance..

Above fact " decentralized" you have mentioned is the main reason why the world hesitate to accept or regulate bitcoin today because how can governments allow a digital currency to use in there country when there is no centralized authority who can take the responsibility but if bitcoin becomes widely expanded in the financial world there is a possibility it will be accepted unofficially as an alternative international currency in the world  

in my opinion for the time being that is the thing that must be considered, and if possible it should be realized, because I am sure that if the bcc can be received by the government and regulated by the government then the things we can feel directly are security against BTC which is better, then we can find out where the coin goes if there is hacking, and what is even better is if there is a btc theft or hack there will be a legal entity that regulates it so in my opinion it will be very good if realized.

i think bitcoins is the future of digital currency and bitcoins will be the future currency

If bitcoin is tuned to be legitimate and recognized by governments then I think it's an impossible thing because if bitcoin adjusts then it will lose many of its great functions. Bitcoin will no longer be bitcoin if it is managed from someone.

Of course, this will be a violation of all the principles of bitcoin. But on the other hand, it will enable cryptocurrency to develop officially. I think that if the government finds the right approach to regulation, it will not violate the decentralization of bitcoin.

This is a very difficult question. For someone the official permission of the government to bitcoin to increase confidence in him. For someone bitcoin will lose its main feature in the case of regulation by the state. And I rather belong to the second category. Bitcoin needs to remain decentralized.

I hope it never happens. Otherwise, bitcoin will lose its main feature, which has become one of the key factors of its success - decentarilization. However, time will show how things will actually be. I hope bitcoin will cope with the state pressure.

Millions of people use cryptos and Bitcoin already and the nunber is increasing.

Bitcoin is so much superior to the US dollar, there's no comparison. It is traceable, impossible to steal without leaving a trace, it's decentralized and you can run your own bank at home.

Cryptocurrency or bitcoin already accepted. About disregarding decentralized nature, The government should form a governing body who has the authority for centralized bitcoin.

Monitoring all activities like investing and trading and protecting users and investors from hacking.

The regulation should be based where the cryptocurrency receives negative publicity, and banned those illegal doers, and laws for better stability.

accepted by more and more people and government. people will have good understanding about bitcoin and start to enter them. secondly, government will accept bitcoin as a legal currency

Without regulation, it will simply have no future.He will not give the road and just block the oxygen.The decentralized nature will always leave it on the other side of the law.Few States would agree to cooperate on such terms.There is no need to be afraid of legalization and centralization.They will not harm Bitcoin's activity in any way.

actually crypto currency receipts can all accept if all countries accept crypto currencies as the currency that applies to crypto currencies created as technological development demands and the era of economic development must also follow it in my opinion crypto currency will be acceptable because it follows the development of technology

Yes, regulation isnt necessary. But it would significantly accelerate the growth of popularity of bitcoin and other cryptocurrencies, but at the same time it would put an end to the huge incomes from these assets.

I don't agree, if bitcoin is accepted on that condition. then bitcoin is not a decentralized technology. the purpose of Bitcoin is made to eliminate centralized control. and users are free to use their assets without rules restrictions. then if bitcoin follows fiat rules and others by the government. Bitcoin doesn't work on the way.

Just us as long as whatever regulation is made can still preserve the features and advantages of bitcoin, that should be okay in my opinion. Regulation may just be security policies, right? The decentralized feature of bitcoin is its best feature, so there should be no attempt to alter that.

I have no problems with the regulation of Bitcoins rather I even accept it because it prevents the use of the currency for criminal purposes and it's even better that it's regulated because should they ban it, the repercussion will be very bad.

Regulating Bitcoin may have its own advantages. At least some of the common frauds or scams can easily be tracked or prevented. If that is the only condition for general bitcoin acceptance, I think I am cool with it.

Totally agree with you. Bitcoin won't  be what it should be when it is not decentralized. I want bitcoin to be decentralized forever. But when some one talks with me about the crimes an be dome using bitcoin. I have no answer.

Before the bitcoin is accepted there will be some way to go. The blockchain offers a lot of possibilities and facilitates in the future. This will surely have a positive influence on many areas (health, technology ...). Before all this happens, we will have to work much more safely. It is one of the pillars for success. The scams will have to disappear and they will be able to invest more easily.

If Bitcoin is accepted, its anonymity remains unchanged, I think it is essential for the future development of Bitcoin. Everyone loves the bitcoin very much like being accepted as a Fiat and being global racing. I really want the bitcoin to be accepted internationally.

If you are expecting it to be accepted by the government and it will be imposing taxes in the future I think is there. If it is approved by all nations in the world, I believe it will be the strongest and well-developed virtual currency and influence on the multinational economy. The level of taxation can be adjusted downward. , creating the best conditions for investors.

Bitcoin is not so decentralized nowadays due to the strong concentration of mining power in the hands of large miners. Transactions in Bitcoin are not so anonymous and can be tracked over the network. Therefore, Bitcoin can be used officially, it does not pose any threat.

If bitcoins is going to be regulated then it purpose come to naught since the anonymous features that make it unique will be lost.Exchanges and vendors can be regulated but not users of bitcoins.

The organization must be defined first
There will be something of regulation and control or control
Because that goes against the basic idea of bitcoin.

Yes, the essence why bitcoin was made will become nonsense when it happen because someone will manipulate and control it. In fact we are not 100 percent sure that who ever control it will manage it well. Bitcoin must still be decentralized so that it will be safe from greedy people who only thinks of their selves.

Bitcoin will be an acceptable currency in the upcoming years. Even though because of its nature it did face many issues but what is more important is it has gained quite an amount of acceptance in some parts of the globe

AML BitCoin is soon to be accepted everywhere and by everyone. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.

Despite the huge growth of bitcoin ever since its inception, one would have thought that the growth would be in tandem with its adoption rate.
However, reverse has been the case.
This could be attributed to the many challenges of the blockchain technology such as scaIability, interoperability, security etc.
I believe once this issues are improved on , the adoption rate of bitcoin will spike.

the decentralized nature of bitcoin certainly does not want to be regulated by anyone because the basic principle of the founder of Satoshi Nakamoto that bitcoin is decentralized and does not want to be regulated by anyone, I am sure all will accept bitcoin may only need time to receive it.

Decentralization cannot be eliminated from bitcoin because it is the nature of bitcoin. Bitcoin doesn't need to be centralized because bitcoin has been accepted by many communities.

IMO yes it is but if you want to being legalize by government, it's only the way,right ?
Remember , by being legalize, your government also support cryptocurrency and the impact that we are expect , yes it's the uptrend world wide.

Don't you want to experience it when you've hold your btc since $299 / btc ?
I'm sorry if it's not you but me  ;)

Bitcoin will be recognized very soon across the country. Bitcoin is very important for a country. It helps in the overall economy of the country. This means that it has not been recognized in a few countries including Bangladesh. However, it is expected that very soon Bitcoin will be recognized all over the country.

Bitcoin as a whole doesn't need to be regulated in order to be accepted by all. Some people, companies and countries are already in favor of using bitcoin in doing transactions, even without regulations of governments. If ever a government really wants to put regulation in bitcoin, I think what they need to do is to put regulations to those people and companies who are using it and not to fully take control of it.

Bitcoin is design to stay decentralized nature and at that any form of regulations will harm the original design which is it volatility and decentralized freedom from every form of interference from any institution or any individual, and bitcoin will still do fine with it present conditions and with time the world will start accepting bitcoin.

many people are not agree when something invented are decentralized and not in control with someone or company behind it, that distrust are make people are not wanting to accepted the reality of it,

this will actually be contrary to the decentralized nature of bitcoin. I think the government will automatically recognize blockchain technology and recognize bitcoin as a payment and investment tool

Bitcoin so far was being functional thru online only, so meaning the acceptance is not being done in the entire world yet.
Because it is still majority of the people in different nations is not familiar yet with bitcoin. They may heard of it but on negative feedback
not on the good terms. But in the near future, I believed that people around the world would accept it once they see bitcoin has clear capability to become the real world currency.

If Bitcoin is accepted in all countries as you say, i think the adjustment will be acceptable in our community. But how important is the adjustment at that time? Perhaps the acceptance is just time when the presence of Bitcoin is growing.

One of the main features of bitcoin is its decentralized nature. What is the point of accepting it and depriving it of its main feature? I think that in the process of further development it can be adopted without regulation.

I still believe that bitcoin will be accepted as it was conceived, namely decentralized. It is impossible to deprive him of this feature, which defines the entire cryptocurrency as an innovative currency.

Perhaps bitcoin can be regulated at some minimum level, but it can not completely obey the government. Otherwise, it will simply cease to be the bitcoin that is interesting to modern progressive society.

if the distribution of bitcoin is received then everything is regulated, especially bitcoin transactions must be clear, and every person who does a transaction is sometimes taxed clearly, because bitcoin has been recognized then the regulations will vary, unlike before it is recognized.

Tha’s true, at some point bitcoin still be accepted and adopted even in the future without regulation. Yes in the process their is a growth in bitcoin and more users will accept this technology.

I agree.Once bitcoin will have its mass adoption,i'm sure regulations will occur.I think being decentralized in nature might be totally affected since the government will choose to have its price be stabilized so that people who will use it will not be confused anymore.

This is a decentralized market, bitcoin acceptance will still happen even if this one is not highly regulated. Its actually happening right now, some businesses already accept the fact that the government can't fully control bitcoin so they have adopt the system even if its not regulated. Yes, regulation is good at some point, but the government cannot take a full control on this one.

Regulation is good, but government should let this market stay because this is what people needs. We don't want to stay on the banking system which makes us more poor everyday, we need this innovation for a great future. Bitcoin will be accepted around the world and it will remain a decentralized market.

Though I want bitcoin to be accepted but there lot's of improvement that has to be done in bitcoin.

Thr issue of huge transaction fee should be looked into as well as transparency in all it's transactions carried out.

good news for bitcoin. if bitcoin accepted in many county.

Ofcourse yes depending on the terms and conditions involving the regulation of bitcoin. What I am trying to mean is that, is the regulation going be solely an beneficial thing to the government? If that will be the case, I think bitcoin should be allowed to be as it is. If not, accepting bitcoin with equity in terms of regulation among parties involved will go a long way to boost the economy of most countries.

Bitcoin is currently not yet accepted in all countries, only a few who accept the presence of bitcoin, may be hampered by government rules, but even so bitcoin will continue to show its development and more and more people will invest in bitcoin

i think bitcoin will be accepted if regulated. it already has a wide acceptance.

I agree. More acceptance because the bitcoin show the potential of growing and that time when people accept it. Everyone have to see the benefit from bitcoin and for the government for them to accept the decentralized currency. That change can be acceptable and we are going to adjust for it. Technology grows faster and this new thing can be widely used.

If bitcoin is accepted, this will be an advantage for the cryptocurrency market to grow to new heights. Bitcoin will be widely used around the world but I think the nature of its decentralization is hard to ignore.

Regulation is not necessary for mass adoption, it would happen naturally. On the contrary, any regulations will kill the uniqueness and power of bitcoin as a decentralized system. This is the essence of bitcoin that makes it a better alternative to fiats.

Some rich investors already accepted bitcoin and some online shops accept bitcoin as a payment and different banks also maybe this years we have to know the importance of bitcoin to start a good destiny of bitcoin.

Bitcoin is performing well and I don't think that it would accept the offer bitcoin is getting popular by its decentralization and if the decentralization is finished the bitcoin will be ruined may be more and more people get distracted from bitcoin because if it cannot make it stability then how would people can trust on it.

I think more years to come today bitcoin is still on crisis and many challenges incluiding that is the ETF regulating issue and many more countrys in the world debating bitcoin if it is illegal or legal. We should wait for bitcoin start the bullish run and will again on the ATH price of it and then the world will be crazy again of bitcoin.

Bitcoin will be accepted by the public when people understand that it has some value and benefit for ordinary life.

it must be regulated but not allowed to limit the movement of bitcoin excessively, I think this can be one of the best ways to use and utilize bitcoin for payments or transactions that have been banned especially forbidden by the government. so this might be the best solution.

That really must be done, because with the regulation of the supervising agency it will have a fairer effect, maybe also to give more trust between countries regarding bitcoin.

i think bitcoin will be accepted by all nation in the world and regular in the future, when bitcoin will be accepted, people can buy/sell/invest everything by bitcoin and other altcoin, and the technology of blockchain can lead the world

I agree, which is why I don't think that Bitcoin will be the currency that drives universal crypto acceptance.

Why?

-There is currently a complete lack of transparency when it comes to the individuals who manage the Bitcoin Core code base. The whole bitcoin ecosystem suffers from a lack of diversity when it comes to both programming languages and implementations.

-Bitcoin Core’s mentality is to place more responsibility on reviewers than solely on the shoulders of the few full-time contributors. When the community lacks an abundance of skilled reviewers, the open source process suffers.

There are plenty of other ICO's that understand these issues and are fixing its problems to make it useful and beneficial in everyday life, along with all of the other benefits that come along with decentralization (democracy, less corruption, etc.)

Of course, why not!. If it becomes obstacle to regulation bitcoin, I think ignoring decentralized nature is a choice. In fact that isnt the problem but business competition. They don't want to accept bitcoin because fiat will be abandoned

does it mean accepted by government? or people? actually, time by time lots of people started to recognize and aware of the existence of bitcoin, and they started to learn and try, and of course they get the point which is as an alternative to fiat. So, I don't think it is necessary to be regulated by government, and let the decentralized system of bitcoin remain as it used to be.

If it's true, I think it's great, but Bitcoin has lost its original nature. Actually I still like Bitcoin in its old state, it makes us nervous and more waiting.
But it is good if Bitcoin becomes official and widely used publicly. If Bitcoin makes the right adjustments, I think this will come true in the future.

what prevents right now to use bitcoin where it is convenient for you. this will serve as an excellent support

Let bitcoin move like what has happened to this day according to its nature. And in my opinion bitcoin is good enough and we can believe what has been going on to this day, but maybe the speed of the transaction can be further increased. The existence of bitcoin should always be supported by both the government and the people around the world, because the presence of bitcoin has a positive impact on economic development and improving people's welfare.

What makes bitcoin unique and special is its decentralized design. Removing that feature will give no purpose to its existence. Can’t there be a way to regulate bitcoin while still maintaining its decentralized nature?

I think if it is accepted then it will no longer be independent, governments will demand control of the bitcoin and our assets will always be monitored regularly.

I think bitcoin will be acceptance in next days because it has good features, many people are using btc and it is already implementing in many countries.

many people accept bitcoin, and maybe they accept for their profit, because bitcoin can make someone better. we just wait for global acceptable. when it happen, i think without government we can realize what bitcoin want. as payment or it can be income

I think not all regulations are bad, there are good regulation too. For example the regulation to protect the users of bitcoin to not getting scammed by others. If there are regulations, all parties must be verified before they using bitcoin, so the chance to getting scammed is going lower than before.
That is only one example of a good regulation in bitcoin and cryptocurrency.

Sorry, i am not agree. Bitcoin accepted not by the public 95% knows about Bitcoin and what is advantage to developed our countries. But we are capable to legalize in the whole world wide? Without government it will not acceptable because this issue handling by bank.  

Bitcoin still be acknowledged, in light of the fact that Bitcoin exchange speed should be moved forward. The presence of bitcoin ought to dependably be bolstered by both the administration and the general population around the globe,

I think that bitcoin can cope without government intervention. And state regulation will only complicate the work of bitcoin. That's why I'm against it.

I don't think that's the right decision. We are trying hard to escape from the excessive pressure of the authorities, and bitcoin will allow us to do it at least a little. Therefore, in any case it is impossible to agree to regulation, even partial. Otherwise, then it will grow into a full centralization.

by the way bitcoin is a digital currency a decentralized currency across the country and for me the way that bitcoin receives is really good at all, because bitcoin has become acceptable for everyone as legal for our future.

I also believe that government intervention in the functioning of bitcoin is an extra step. Bitcoin was created just the same to reduce the influence of the government on our lives. Therefore, even minimal centralization is absolutely illogical.

Sounds good. (Bitcoin Acceptance). Yesterday i was reading about BTC on some forum and there's mentioned that BTC is acceptable in Las Vegas. But now i just took it for you.

https://ibb.co/dLBasf


And hope that BTC would be more acceptable currency in the entire world.

I think this is what bitcoin waited for,the acceptance of all nation to become the powerful currency to all tall the world.Bitcoin now is denied because of many countries are against on bitcoin.

Regulation for bitcoin has a lot to discuss about this problem, whether from the government or an organization. If bitcoin is accepted with regulatory requirements, I think that is a natural thing. Because if think again bitcoin lacks regulation but just doesn't affect its value and cannot control people bitcoins.

Regulations arent important to be applied on a crypto such as Bitcoin it is just so that it isn't used to launder money and do illegal actions by criminals

Allowing government regulate Bitcoin will be grand hypocrisy so, It shouldn't be done because the main and initial aim why Bitcoin was created was to curb centralization and provide anonymity, All these will be eradicated should the government be involve with its regulation.

Bitcoin is already accepted on many sites and even in ordinary cafes and shops and I do not see the problem in its decentralized platform .

As of now there are already massive adoption and acceptance in bitcoin and I think it will continue. Many people want it to be accepted in different field because of its uses but I think it will be good if it will still decentralized which no one can control it.

the bitcoin recipient that I think about is how we process bitcoin to be true and not misused as long as the good is not carelessly using and not carelessly misusing

Ignoring decentralization, it will no longer be Bitcoin or blockchain technology. Because Bitcoin's greatest strengths and weaknesses are "decentralization." That is why the SEC can not join us. The essence of Blockchain technology is immutable.

arranged as what do you mean?
the concept of bitcoin cannot be regulated by institutions or countries, but can make regulations such as tax, legality and regulation. if that happens I agree to avoid a scam

I think it is just fine. It is the only way that the government can still go into monitoring that its people is still going through a good behaviour despite of using cryptocurrency as a choice of job instead of going to physical job just to earn an income. Well, people might be also wanting that thing to make happen just to avoid those bad people especially those anonymous one that fool people for their own good. By putting regulations, all will be treated fair and will get their own part with the fruit of their labor.

If bitcoin lose its fundamental concepts which is decentralization on the alter of acceptance then bitcoin would have lost its value and relevance. Bitcoin must remain decentralized to continue to be relevant. The beauty of bitcoin is its characteristics of anonymity which enables it to be used to empower the poor and can be easily acquired by the poor. If bitcoin become centralized and  under the control of the government  then it will only be available to the elite alone.

Anything that happens to our market as long as it has a positive effect on the development of Bitcoin is acceptable. Bitcoin's influence is growing and playing a big part in the world. therefore it will gradually be accepted.

then bitcoin will lose its characteristics. and return to the central control condition. and it will be the same as real money. so in my opinion Bitcoin will not have value like this. Bitcoin is valuable because of its decentralized characteristics. then the government cannot change that, because it will have a big impact if it is changed to regulation.

When talking about that will regulate bitcoin, for a transaction. I think it will be more impossible, bitcoin is decentralized or cannot be controlled by anyone. That should be clear enough. Maybe it will be more if walk naturally.

Bitcoin already available in a currency but now I have looked two different issues as will help Bitcoin accepted every countries. Firstly need to high transfer speed everything and secondly is the legal agreement then Bitcoin will be available every country in this world.

If bitcoin has to ignore its decentralized nature to be accepted by the government. I think many investors will object to this. If this nature is broken I think the government can adjust the bitcoin and can adjust its value.

Yes, Bitcoin is accepting so many platforms but I think this question relying on the downfall of bitcoin price that makes the peoples more negative thoughts otherwise bitcoin is widely acceptable and running for many platforms,

Maybe it will happen. We have Blockchain technology and the development of Bitcoin. Many big countries are trying to take over the Crypto market and manage it. I hope we will be accepted soon. People will find Blockchain Technology to be useful and use it.

I think it's totally depend's on how much people want it.when peoples throw out there negetive thinking about bitcoin crypto currency from there mind,it will heppen very soon as posible.When bitcoin accepted by every one over the world,goverment will accepted bitcoin as there currency like there local currency.Bitcoin will broke his previous all records i think.already many platform are created to run it smothly to every one,thank you.

of course, some countries have begun to accept the regulation of bitcoin technology as a safe and fast method for implementing its financial programs. just how people use blockchain technology as daily needs in economic activities

We probably still have quite a long way to go though for mass acceptance. Many still only see bitcoin as something for easy money or a scam. I think the focus should be on making people understand the use of blockchain tech. It can affect pretty much every aspect of their lives in the future.

It is not clear who should acceptance Bitcoin.
In any case, Bitcoin is now accepted by many. Crypto enthusiasts and traders around the world have long enjoyed it.
Accepting bitcoins as a means of payment has several advantages for sellers and buyers. Commission must be paid by the sender; the seller pays nothing for receiving funds. The fee charged is significantly lower than that of traditional payment systems.
Bitcoin allows you to make payments around the world without being attached to any currency.
Bitcoin allows you to buy goods abroad, without being associated with currency conversion. It should be noted simple and convenient storage of coins.
Bitcoin is actively developing and in the future may become a common payment system. Unlike traditional bank accounts and payment systems, Bitcoin doesn't charge a monthly subscription fee or account maintenance fee.
Bitcoin technology can change and improve the world of commerce that we know now. It gives a number of advantages to both buyers and sellers. In the future, further improvements in security and other technical improvements can be expected.

We all know that Bitcoin is a convenient world currency, and the blockchain is a practical, transparent technology that everyone likes. But this is not about this, but about how the regulation by any state of cryptocurrency operations will affect the crypto world. I don't know how it will affect the prices of coins, but I’m sure that it will make the cryptocurrency popular and used. Perhaps the promotion will increase the price of coins.

Bitcoin acceptance is one of the things that they need to achieve which we need to focus or know on the regulation and safety of bitcoin. Whatever changes and regulation will surely affects bitcoin. Better start from acceptance before upgrading.

How accepted? The bitcoin is accepting in many many place in the all around the world. Did you mean some where exact? Also the acceptance is rising every new day.. For general acceptance seems very difficult now. First of all USA wouldn't accept it in first place. I think we have to wait very long time for general acceptance..

Bitcoin can  be regulated although it is decentralized. Certain inputs can be made so people are controlled under some laws as to how to operate with bitcoin, I believe this can easily be facilitated by the major stakeholders such as the various exchanges. This can help so certain people don't manipulate the market.

Maybe what you mean here is accepted by the government. As it should be this is not regulated if the government can respect the original/decentralized nature of bitcoin. But all decisions will remain in his hands because they have a myriad of Prerogative Rights to regulate everything both from within and from outside the country. And whatever that form everything must be subject to policies that have been / will be made by the government.

If Bitcoin gets accepted, it will be a good news because most potential investors can join without any fear. However, the acceptance will come with strict regulations which will stabilize the price of Bitcoin for some time. This will interfere with its investment opportunity because it in from the volatility nature of Bitcoin that the price can move up incredibly to bring more profit to its investors.

When people gets to know how safe and easy it is to transact with bitcoin they will not have any option than to accept it.   

In my opinion. if bitcoin is accepted as a payment instrument in all countries, it must be regulated about regulation and security. in terms of the security of the user's data or the security of the transaction so that there are no hackers. it must be done for the convenience and security of bitcoin users. this will not affect the nature of decentralized crypto currencies.

indeed the rules made will make users comfortable and feel safe. but i think the nature of crypto is likely to be lost, so cryptocyrrency will look the same as we save money in the bank.

there are no tides and lows it just seems to be stable, chances are that investors will lose their interest in crypto.

I agree. Bitcoin is acceptable in many country as used as new payment platform though many are disappointed on the fall without knowing that it is the chance of many to buy more volume. Bitcoin mostly banned because of using in illegal activities but many are depending on bitcoin also where it is become their source of income. Bitcoin acceptance make easier to used it everywhere.

If bitcoin will be accepted then it will be regulated. If it is possible that bitcoin will be accepted but the nature that it is decentralized should be maintained so that it will not affect greatly to its price because if they regulate it, I think people who earn money from it will have deducted stakes due to taxation.

What you mean?
Bitcoin is decentralized cryptocoin.
Government can regulated by laws only. This will not centralized.

As for now, there are a lot of countries who already accepted bitcoin as 3rd party financial payment. But still a small of a percent in world bans bitcoin because other people use for doing illegal activities. We are now leaving on digital technology so it obvious every 10 percent of people in whole places in the world knows bitcoin.

Regulation is needed, government still need to take control to all type of economics activity. People will feel safer if Bitcoin is regulated by government, it's mean that indirectly government is agree that bitcoin is safe to use if people follow the regulations. This will make bitcoin acceptance grow among their citizens. But actually bitcoin still can be used even if without government regulation, many people now are thrust to bitcoin.

Yes, the government want to regulate Bitcoin but they don't, that's the reason why some countries haven't other option just to get banned Bitcoin due to that issue that probably used in illegal activities. But, instead directly have regulation in bitcoin they used it in creating a wallet to store Bitcoin which needs a KYC when we convert into cash.

The most important feature of Bitcoin or electronic money is decentralized. If you conduct a regular currency transaction, you need third-party verification while Bitcoin is based on a distributed mechanism with community-based authentication. It is difficult to make bitcoin difficult to ignore its nature.

If bitcoin want to be accepted as a legal currency , they can lose some decentralized point, I just think that is quite good for the sake of government and users

In the tremendous evolution of technology there comes this virtual currency that can bring quality of life if used correctly and responsibly. Bitcoin are now already being accepted in all other countries but undeniably a big percentage of people in the world are still unaware of what this technology is all about. It may be known for some of the big countries but it's still not widely-accepted since still there are some restrictions of its functionalities and not all people are well-educated about it. However, it's evident that its demand is increasing, and I'm still hopeful that it can still potentially grow.

according to my knowledge in this case it cannot be done because it will violate the main purpose of cryptocurrency where it is not bound, not limited by rules circulating in the voice of the government. Bitcoin will remain like that, there is only me, you did it. Because the existence of a rule to make - bitcoin is banned in some countries.

Actually few countries getting to accept bitcoin and crypto but many countries not now accept bitcoin because they countries government can't believe crypto.they are sharing opinion Bitcoin don't give us legal improvement.im sure this country government big crazy about why they not contorl Bitcoin.So they are already getting some confusion questions about Bitcoin.

Bitcoin's acceptance is never been too hard if only all people knows exactly the significance of bitcoin. Sadly, different countries have also different views with regards to bitcoin that is why others accept it, while others refuse to embrace it.

Are all countries accepting Bitcoins? If there is cooperation between the cryptocurrency. Probably a good sign.

The nature of the majority of the public is very synonymous with new technology and competing with each other to learn it, So acceptance of bitcoin seems to be good every day, because bitcoin is the first digital and decentralized crypto currency in the world to be used as a new exchange tool.

of course not all countries will accept bitcoin directly and to accept bitcoin is not that easy, it requires a very long time and process for all that. and if that happens it might make a country feel helped by accepting bitcoin.

At this moment bitcoin can be used as currency because most of online market started to accept as mode of payment of their costumers. Its true that there are fast transaction in bitcoin and there are low fee once you use it in a transactions.

I think the attitude of mutual need and mutual use is very important because bitcoin is distributed and is very good if they are interconnected and interconnected, making all coins very important and mutually reinforcing each other and like being strengthened with each other

With the reason that the fluctuations are so wild, there are still many countries that aren't accept bitcoin as a means of payment yet. And because fluctuations are inherent in bitcoin, of course it takes a long process before all countries will recognize it.

Personally, i do not know how the regulation will be should there be any. Is it that governments will control all exchanges and tax withdrawals as done with banks???
I do know that with or without regulations, Btc will survive

If Bitcoin is accepted by the government, it is certain that it will have to accept certain laws from the government. This may make Bitcoin lose some of its power. For example, decentralized nature and anonymous transactions. This could help the government manage Bitcoin better. But, if this could make Bitcoin better, I would expect this because I'm not a Bitcoin user with bad intentions.

in my opinion bitcoin must be regulated for now, so that the future class is not speculated that I think is very crazy

I don't mind if there are indeed rules that are placed for bitcoin to be accepted from many sectors, because then I'm sure the growth of bitcoin will improve even though there will be massive manipulation by the government to regulate the price of bitcoin. But at least the future of bitcoin will be better with the acceptance of bitcoin throughout the world and there is no resistance to bitcoin.

I think we are slowly beginning to move to that phase mate. I say that because there were many countries that have already announced their acceptance and support of the cryptocurrency market together with some big-named companies and even world organizations, just recently, as what the United Nations did. Incidental to the acceptance that it has been receiving is the move for cryptocurrencies to be regulated through the passage of different laws to safeguard the rights of its users and to protect them against entities that would try to hack or either take advantage of its users and the market since it is a big profit-generating market even despite its downs in the recent months.

it may be set to become a regulation regarding taxes and some regulations that become legal umbrella, but not to be regulated as you imagine especially for its decentralized nature

WE are here in cryptoworld because of privacy and if you will take this from us,then whats the difference between banks and cryptocurrency?Would you please stop this shit questions because this is actually irritating..if the crypto becomes regulated,for sure people will turns back to banks things that politicians wanted to happen

This is the correct view, we should not compromise bitcoin ideals, those ideals are what brought us here and if we sacrifice them then bitcoin will become something very close to fiat and at that point it will be nothing but a shell of its former self and will no longer fulfill its function, I know that people want to see a wider adoption but this is not going to happen fast, it is going to take time, even the internet needed decades before everyone was using it.

So wee need to be patient and wait, I am sure that if we continue in this path bitcoin will eventually be accepted around the world in a few decades and also a slow adoption has its advantages like being able to buy more bitcoin before it skyrockets.

Bitcoin already has its own rules, and bitcoin is here to meet the expectations of many people in improving their lives for the better. For that I think there is no need for new rules from the government that really wants to legalize the use of bitcoin in their respective countries. Don't forget that Bitcoin has its own special nature that makes it liked by many people and earns the trust of many people.

some countries have accepted bitcoin as a transaction option even in some developed countries there are food stores accepting bitcoin as a payment tool even to the point where there are bitcoin atm.
and for a decentralized nature, this cannot be managed by a country or any institution. may only make regulations as intermediaries

Bitcoin starts 10 years ago by shatoshi nikemoto.Now bitcoin become most popular currency all over the world.
Lot's of counrty accept bitcoin and they also make many transection by bitcoin.They also make many platform to work with bitcoin crypto currency. Agency are contact to many company make there transection with bitcoin crypto currency.Bitcoin depends on any goverment rules and banks transection fees by acceptenc of those goverment.Bitcoin can make those country more rich,thank you.

I think it's okay for the people to accept it, not necessarily the government, when the government puts it in, it can lose its anonymity.

Can anyone regulate the technology that bitcoin made of? The top coin's decentralized features will prevent anyone who want to regulate it. The governments can instead impose regulations on cryptocurrency exchanges and other centralized methods of storing and selling coins. Many countries have already accepted and other even legalized bitcoin, so there is no need to put any conditions before accepting it.

I don't think that someone will change the way bitcoin being created and this will stay as a decentralized currency. It will lost the real intention of creator if this will be change into a centralize currency. Bitcoin had widely accepted and it had reached to a price of $20k without any condition.

all depends on the government of the country and also the regulations that exist in the country, because those who have received bitcoin are countries that have been able to use technology from cryptocurrency so the state government dares to authorize cryptocurrency and bitcoin.

Actually, it is more agreed that the government can participate and acknowledge so that it will make it easier for users to dare to step up for later benefits for the government and the users themselves

I have a high hopes and also dream that in the coming future, the Bitcoin will truly be in hand of acceptance to the people. And that Bitcoin crypto currency will become the madium for the different financial transactions as payment method.

Bitcoin is very famous cryptocurrency. And lot of people all over the world adopt bitcoin. If you want to regulate bitcoin you need to government approval. Unfortunately some government ban bitcoin their country. I think no need to regulated bitcoin and no barrier come to adaption of bitcoin.

Bitcoin acceptance is becoming the basic need of the big institutional in the business world. A new Bakkt platform is coming on newyork stock exchange which is the big acceptance of Bitcoin and this will be encouraged to the new investors. Demand of Bitcoin is increasing day by day and it means people are happy to to accept the Bitcoin.

If bitcoin is adjusted, global acceptance can occur, we can speed it up, and control users for malicious purposes like money laundering, tax evasion, or Crime

Whether all governments will accept bitcoins or not, in my opinion it would be very difficult for some states to have a bias against bitcoins so they would hardly accept it.

I think for now it's very hard to be regulated. Yes it is accepted and recognized by many countries regardless of the decentralized. Maybe soon through a certain process it will be regulated but not now.

I do think that once bitcoins have been regulated, then it defeats the main feature of bitcoins which is its decentralization among huge monetary systems. There is always a better way to stabilize the bitcoin market but decentralization is not the solution to bitcoin's ever changing growth pattern.

Right now, the value of bitcoin is low, it will be harder to all of the people to accept it at low price. But there are some people who already accept it completely.

set bitcoin? maybe what is meant is not regulating but regulation in currency movements, I think it is legitimate as long as it does not affect the ease with which we use it, because regulation seems to make bitcoin recognized or legalization so the effect is very good, I strongly agree that indeed happened.

But for people who have big money accept bitcoin price now because they can buy a lot of bitcoin at the market. I am sure that soon, all people will accept bitcoin because they know that with the low price of bitcoin, they can make a lot of money in the future. I think maybe the government will make some regulation related to bitcoin but I still curious about what the regulations that they will make.

surely with the acceptance of bitcoin as the prevailing currency, of course there are positive and negative sides that we will get in investing with crypto currencies, if bitcoin is accepted surely security and legality will be obtained but of course there will be regulations that will be issued

the rules may not be what you meant, but to taxes, ico regulations or prevention that are contradicted by legal issues. yes maybe we should have the regulation especially for ico

without realizing it, actually the btc has been accepted by a company, but it has not been fully approved by the state. because the country is afraid of the risks that are still declining. then to wait for approval from a country it is quite difficult.

When we talk about regulations, this is a huge scope in which you may not be sure enough on what kind of regulation it might be, then having regulations might destroy decentralisation but it can be stay still. It varies on what regulations it is. But then of it might be regulated might as wll regulations that are in favor of bitcoin.

Then it is better not accepted publicly. That's why bitcoin is still not accepted by all countries in the world now, they want to regulate bitcoin.
Regulation of bitcoin will make it going centralized, cryptocurrency should keep decentralized.
We can use btc privately without the acceptance of government, i guess this is the cause of massive btc usage in dark web.

But they can't regulate bitcoin, it's already regulated, all they can do is to try regulate bitcoin usage on their territory. Governments don't know how to tax it and how to control it, as long they don't know how to do that they will not accept bitcoin. There were attacks on decentralised bitcoin network before and this attacks will happen again, but final decision needs to come from people around the world, people will need to make a choice and to decide where will their trust go, to centralised or decentralised systems, and we have centralization and look where that brings us after so many years, rich people are controlling everything with help of centralization of government and banking sector, that slavery has to end.

Bitcoin was designed to be decentralized avoiding control from any entities. Bitcoin has been accepted regardless of it being unregulated hence there is not a need to regulate it as we will then lose the democracy and freedom to control our own coins.

We can't denied that bitcoin acceptance is quite increasing in some other countries, mostly in European countries. But there are other countries also planning to regulate bitcoin as this is one way of helping improves their economic growth of their society. So in this positive evolution of bitcoin it might be happen that bitcoin will have a great acceptance in the near future.

Bitcoin has already been accepted by many just that some people are just disputing the fact that its the best. Its regulation will come with so many manipulation and restrictions that might make a lot lose the pleasure in it. And i always ask myself is the regulation needed at all.

Yes ofcourse, it would be nice in some aspect. But lets talk about who's gonna regulate it? If bitcoin would be accepted, it will persuade other people to manipulate also, if that's the case it will have a positive effect to all of us (cryptocurrency manipulators) but it will enhance the chances of scams and other illegal transactions. If bitcoin will be accepted, the people behind the "regulation" should pay attention to those who were capable doing those illegal things.

Bitcoin is decentralized cryptocurrency so its hard to regulate and no one can control it even the government. I like that bitcoin will be accepted in all country and I think many people will not like it if there is someone who can control it.

Probably, the authorities will want to make adjustments without it. In no way, such leaps will not translate to anything good for the government; they need total control of assets.

I think it should be done because accepting bitcoin in every country means they accept that their economy will progress and many people will have an extra income by investing and using cryptocurrencies like bitcoin.

in my opinion when a country accepts bitcoin, surely there will be new rules that will be raised by that country. and these rules may only be rules for transactions and will not eliminate the decentralized nature of bitcoin. I think bitcoin will become an acceptable currency in a country and accompany the fiat currency in that country. I think bitcoin will be increasingly known to people in a country, if bitcoin has been accepted even though there must be rules.

I completely agree with him

this will still be a debate, because how can the government be able to regulate bitcoin? maybe the rules applied are not for decentralized. but in other cases such as taxes and legal rules

If government should have control over bitcoin, then bitcoin is no longer decentralized, and when that is done, the aim of bitcoin has been defitted, and might no longer have the interest it is having now.

We cant force someone to accept bitcoin especially governments. But as we can see bitcoin is being accepted from some countries like in Southeast Asia they are trying to adopt bitcoin. But if someone is going to regulate bitcoin there will be a nice and bad effects. In some countries they make regulations for bitcoin investors.

I think Bitcoin should accept. But there are some reasons for this. Because of which many countries are against Bitcoin. If there are some new rules in Bitcoin. So, accepting the whole world Bitcoin So it will be good news for all of us.

regulating bitcoin for acceptance has it advantage and disadvantage. if regulated, it will give investors peace of mind investing and pump and dump will be stopped. but bitcoin is devenloped on the idea of decentralization, regulating it simply means there will be a body that will regulate price and other things just like fiat currency and this will bring us back to what the bitcoin idea was fighting initially.

The adjustment is unnecessary for Bitcoin because it is a natural and decentralized nature that makes Bitcoin more attractive to investors.

It won't be that a good news for all if it is under regulation by the governments, point number one, it's purpose has been defeated, cause it is no more decentralized, tracking of transactions will be placed and there will be even a higher tax payment as per the speculation in its price. It might be a good idea of it being regulated, but I really don't know if it will serve well.

Of course it would be good because putting BTC under regulations doesn't necessarily mean that it will be decentralized. If regulated BTC is the only accepted BTC then it's better than losing it.

Lets just imagine that it is setted in a country, how can those people who doesn't have any digital tool to use for the transaction knowing that transaction is taking place on digital mode. What about setting it in a country as one of the currency to be use as mode of payment but will not replace the current money that a country is using.

This is a problem. The decentralization is an important tool of Bitcoin, and Bitcoin is no more than a flat-rate currency. However, the government will not be able to manage it when Bitcoin is decentralized. This is hard to handle.

For Bitcoin to be accepted as a popular currency, it's up to Bitcoin to adjust so much to suit everyone. And it is important that the government accepts permission to use it. Let us look forward to a bright future for Bitcoin.

Yes it should be done, although it's has its advantages and disadvantages, advantages includes : all transactions will be monitored, kyc will be taken seriously, anti-money laundering will be put in place, and so on. But the disadvantages includes, intrusion to one's personal affairs as well as transactions and so on. But if regulation is the key to its acceptability, then, so be it.

I do not expect this to happen because Bitcoin's volatility is what attracts investors. Bitcoins are no longer collectively practiced because most whales always get a lot of Bitcoins in their wallet, Bitcoin is increasingly manipulating, and we see this when looking at Coinmarketcap.

I think it should be done, that bitcoin ahould be regulated and each country must accept bitcoin. Because if they do, then they are really ready for their progress. For  the progress of their country.

A country can always progress with or without bitcoin because the sucess will always depend on us ( people ) and also to our government as well ( if he or she isnt corrupt )   and besides , bitcoin is already accepted by most countries around the world even if its decentralized  .  


Agree .  im a fan of bitcoin due its uniqueness and that is because of being decentralized but if ever bitcoin isnt intended to be this way , i dont think i will support it . 

Any medium of exchange that being legalized by coubtry should be regulated. Although I hate the taxation that will be applied but by that taxation country can be more developed well. Decentralization is prevent some party to control world money but regulation is still needed.

I think it is a question of finding the right balance between protection and freedom (as with very many things in life). For people to be protected the government must regulate bitcoin, but at the same time those regulations limit freedom, apply taxation etc. You will find people advocating for both and it is impossible to make everybody happy. I personaly would prefer to see more freedom.

bitcoin is already accepted in all over the world, bitcoin is using in many companies so there is no need to adopt more.

Hmm...what about people without any tech knowledge? In America, about 80% of people heard about btc...but what about the actual usage? Let alone underdeveloped countries. There's a big big room for adoption.

They can do something only if absolutely every one of government will unite against Bitcoin. Or simply turn off the Internet. Not first neither second is not impossible

Bitcoin will surely lost its identity if it is regulated obviously because people's patronizing bitcoin because of its characteristics, if the government will regulate it seems that your killing bitcoin.

I think if all countries use bitcoin is not possible, we know that there are many countries that are progressing without the help of bitcoin. bitcoin is very suitable for developing countries because developing countries are usually less economical so bitcoin is very suitable for that.

maybe so, because in order to become number 1, there are times when we follow existing government programs, I am sure, as time goes by the government will be complacent about the development of bitcoin, which has a positive impact on the world community to fulfill the lives of many people. and that's where the government will follow the pattern and system of bitcoin.

Bitcoin acceptance is a big idea that make it more popular and more users will be use bitcoin and it will make the price pumps. Some of the country will not accept bitcoin because of luck of knowledge about the system of blockchain. They dont know the importance if it will be use in public.

I think nowadays bitcoin is now being accepted by a massive number of people, companies, businesses, and communities. There are places whereas people embrace the idea of cryptocurrency such as bitcoin and the blockchain technology. In order for bitcoin to be really accepted worldwidely, it need to improves its quality more and it should have a better performances than its old to encourage people use it and see the bitcoin's benefits and potential.

now many people acceptance bitcoin because bitcoin is the most profitable investment platform. If you are talking about regulation than I think bitcoin can more popular for regulation.

Bitcoin needs acceptance from every government.
THen merchants will come to bitcoin and there will be much busy traffic in blockchain with BTC.
IF that happens then the price will bloom, we can reach even more than 50K usd by next year.

Look the bitcoin ETF now, it has to be regulated by SEC to get the approval. If the regulations in bitcoin is created to protect the holders from scam or fraud activities, then it will be alright. The regulation about bitcoin should not limiting the users of btc from doing something good using bitcoin.
Regulation should bring benefits to both parties, regulators and the holders of bitcoin.

If regulations is flexible and there is not an issue in the trade of bitcoin i think it acceptance is good and with this many things will change the countries financial Institutions will also work for it and thy will use it as monetary tools now a days the world is digital and if we can use our money every where it is a good idea.

The government's attitude is very influential on BTC because it influences people to like or dislike BTC, if the government prohibits the use of BTC, it will be very difficult for new people to be interested in BTC.
therefore we also have to move by spreading the good news about BTC so that there will be many people who are interested in BTC and the possibility that the government will take it seriously.

Bitcoin will be a worthy money. On the whole, there are two imperative issues. To begin with, the Bitcoin exchange speed should be moved forward. It isn't reasonable to make installments rapidly. The second is a lawful course of action. At the end of the day, nations ought to control their crypto-cash business in a way that is legal. On the off chance that these two issues are finished, we can regularly utilize crypto coins later on.

If there's no interference from the government and if bitcoin or all crypto will be accept in major venue of society then we will be seen a lots of improvement and a bright future ahead of this industry, always finding ways to have more adoptions to happen, though there's some countries
who already got a wide uses of bitcoin and even in a digital world of online payments it will be a good sign that it will sooner be a widely accepted
currency.

i think bitcoin is already accepted and many people are investing in all over the world, there is no need to accept anymore everyone know about bitcoin.

Bitcoin is accepted from public but it is not accepted by the government of following country, without getting legal status it wont get more success in respective country. Like Japan legalised Cryptocurrency so the acceptance is very fast and their are so many business which have started to accept bitcoin as payment option and bitcoin users are able to use bitcoin just like fiat currency.

Getting accepted on the sacrifice of the core idea of Bitcoin?
A BIG NO!

Bitcoin is decentralized, and not controlled by the government. But i believe it will be an acceptable currency in the nearest future which will also have a regulatory bodies.

I think if bitcoin is set up it will be less interesting and will lose the decentralized nature of Bitcoin, and I think the rules that are too regulating are unnecessary.

Bitcoin was already accepted by some productive countries.Even other countries started to adopt it.They have seen bitcoins potential and the decentralized nature of bitcoin confidently give assurance to holders that it cannot be controlled by anyone.Though there were regulations but still governments are having a hard time on doing traps in every transactions done using bitcoins.

As of now the bitcoin acceptance has already reach all over the universe, but not all countries accept it as part of their currency or even accept it totally. They knew bitcoin but not much. Some also banned bitcoin. Hopefully the bitcoin will grow and accepted all over the community.

Perhaps this is not in line with the idea of decentralization, but some regulations will certainly appear. Under the guise of fighting against abuse or money laundering, governments will try to somehow control the crypto market.

Bitcoin is already being accepted if not you and I and every other members of this forum will not be here, well I don't think bitcoin will ever lose it decentralized Nature because that is what makes it unique and free.

well. Bitcoin is not reached to all the universe yet. a lot of people know about it. and lots of countries and nations making rules and laws . hopefully it'll be known by every single person of the world. but it's gonna take time.

Your topic question has no substance dude, honestly speaking no offense. It is not clear what are you trying to intend on this forum?

acceptance in what terms pal? acceptance in any traditional business or in the government? which of the two mate?

Bitcoin is already accepted by millions of people. Goverments wouldn't accept it as a currency, because they don't want to accept something that is not in control. Whether they approve or not, it is just a matter time and they'll come to a resolution.

maybe at this time in my country the government is still not fully legalizing the crypto currency as the applicable currency, maybe with that the acceptance of bitcoin in my country is still very difficult to do even the government prohibits transactions with direct transactions with crypto currencies

I would not support or concur to the idea one of bitcoin and cryptocurrency major features is it's decentralization and should not be traded for any other thing. Sure bitcoin would gain acceptance it's just a matter of time

regulating it wlll be good and also bad at same time. It will be good as it will lead to mass adoption thereby people will be able to use it for all kinds of transaction without the fear they currently have about price and government ban. Also regulating it will be bad as government will then begin to determine price of bitcoin

Definitely Yes.Otherwise, it will simply not develop properly.If we want to achieve great heights for bitcoin,then legalization is simply necessary for It.Don't fear,on the contrary.We need to support this movement.

Just like what you commented, Bitcoin will be accepted as legitimate and used all over the world as it is a matter of time. But the change in Bitcoin's properties could make it lose its edge and leave investors leaving it, destroying it.

The essence of decentralization is still there if it's regulated perhaps in some sense as decentralization I think pertains only to the fact that no one is mediating the transaction/s. And I think a very few that is not that obvious is being implemented on btc regarding regulations.

I don't care about bitcoin being regulated as long as we can still use it. It's okay for me to let the government take a slice of my crypto earnings as long as i can still engaged in crypto in a more secure way.

we must know what it is like, because the blockchain technology is highly decentralized so there is no country in the world that can regulate or interact with bitcoin, but if the regulatory system is only supervised or with certain regulations it is very possible, and according to me this is not a problem and good only..

Regulation doesn't necessarily mean that the decentralized nature is lost altogether. On the other hand, regulations can play a positive role in the crypto-market by reducing the number of scam attempts and ponzi schemes.