Bitcoin Forum

Regulations will have a positive impact in the investor since they feel that they are safe
when its regulated , there will be manipulations that will happen, where in you bought bitcoin in as higher price
and see it after a few hours go down imagine what it gives to the investors heart , they will be devastated
when they have found out that they don't have the money anymore,
for example i have a friend who put all he's retirement's money on bitcoin during the all time high
believing the news that it will reach up to $50k only to find out and woke up that the market collapse
also some of my friends bought a miner then the next day they can't make any profit and the price of the miner
is so expensive, but at the end of the day everything is risky so always think and plan everything before making a
move that will change you life forever
what do you think will the regulation bring forth to us?

Is it good for us ? We are also being regulated by the government.. it might be good for some people but there is a huge discrimination and everyone can see that ..
The corruption , the biased , the policies killing off people and people making rich richer and poor poorer ..
Is it good ?
I think maybe for some countries , not for all .
When they are regulating they impose huge tax on the Bitcoins related things ..is it good ?
I think not

I cannot see a necessary connection between regulation and manipulation.

In the same way that I cannot see a necessary connection between regulation and what happened to your "friend" and "some of my friends." If one buys BTC when it is at its peak, more likely will he be experiencing some losses because there will be corrections to follow right after. That is a given. Not to mention the fact that the price of BTC is always moving up and down. This has nothing to do with regulation. It has anything to do with your "friend" falling victim to FOMO.

The case of your other friends is a mere case of blindly joining the bandwagon, doing things without a careful plan or research beforehand, or too eager to start something. 

Regulation is both good and bad depending on which viewpoint you are looking at it.

The bitcoin is created to be decentralized, so when the bank regulated it, I don't think it will be good for bitcoin. Bitcoin is for everyone and I don't think Bank should regulate it because the reason a lot of people are investing into bitcoin because it is decentralized and you have no tax to pay at all. In conclusion bitcoin should stay decentralized and should not be handle/regulated by bank.

i guess the OP forgot the 2007/8 regulated financial crisis, and why bitcoin was invented.
here is a quote from the genesis block as a subtle reminder.

'Chancellor on brink of second bailout for banks '

also to note, people do not actually understand what regulations do/are.
most regulators actually ask businesses to create their own policy handbook to self restrain themselves from immoral actions.
this is why some businesses never see a court room because they contract themselves and/or their customers into seeking recourse through hidden meetings, tribunals, arbitrations. businesses set themselves up as entities with no authority owner, thus if crap does hit the pan, there are no humans held liable and only some business setup insurance policy, which usually whn businesses want to crap the pan on purpose, leave the insurance dry of funds/lapse

regulators are not so much police investigating businesses and punishing them in the name of the normal people. instead they are just office dwellers waiting to see if anyone reports a business for breaking a rule which the business had some hand in creating in the first place.

regulators are not sherrifs. they prefer to restain the normal people from doing certain things while letting businesses do as they please as long as it dosnt get reported. and knowing businesses have NDA contracts with thier employees and also now that whistleblowers get in more trouble than a reported businesses ceo, regulations do not help anyone.

regulations are not there to protect the common man. but just some gold laminated registration number that some business paid alot of money to get certified. kind of like kindergardeners with a golden sticker on their shirt saying 'teachers pet'
done so it appears they are official and above board, while secretly getting upto mischief behind peoples back.

just remember to ask yourself, how many bank ceo's are doing prison time due to 2007/8

Problem here is that Bitcoin is not an investment, its purpose is not to give the buyers a significant return in future but it's purpose is to be used as a medium of exchange between people just like any other currency.
Now the problem is if it would be regulated by the government. They would not allow it to use it as a normal currency because every government wants transactions to take place in their currency so it could gain some strength. Coming to miners why would government those miners who aren't even paying taxes as they are not at all disclosing their incomes. Basically governments aren't getting any advantage in return of making Cryptocurrencies legal.

I totally agree with you! This creates an imbalance between rich and poor. Secondly, regulation is control, it is an approach to centralization from which we so want to get away. This is absolutely bad for us.

it must not be either good or bad for bitcoin to get regulated or not. because bitcoin is decentralized and that means it should never care about what the centralized authorities think or say about it. they can ban it or adopt it and in the end it should not change a thing.

but also we are living in a society with laws, so obviously regulations can ease the adoption. it is not about feeling safe, it is about not feeling threatened by the government bullying you because you don't want to hand over your financial details to them! or give full control of YOUR money to them!!!

Regulations must still in favor to a decentralized market but if the government will still control this market, maybe its not good for bitcoin and of course its not good for us. Regulations might increase the possibility of mass adoption but we are not sure about that, i just hope that every country will make bitcoin legal.

The bitcoin community still stands quite strong even without the governments hands on it. The sole reason your friend lost quite a lot was because his readings towards the market were incorrect. The fact that bitcoin is not regulated by everyone makes it equal for everyone since no one can control or adopt policies that could favor one party from another. Government adopt policies for the overall good so by the end, all of us will lose out since you can't really get something without giving something.

regulations are not always good you know. there are a lot of cases where the regulations is actually harmful to the businesses and as a result to the overall adoption. for example the high taxation laws, invasive KYC implementations, restrictive and expensive licenses that the businesses would have to get before they could operate,... and a lot more.
so we can't really say if "regulation" in general is good or bad for bitcoin. we have to do a case by case study to see if that particular regulation by that particular government in that state is good or bad for the people.

^^^

I believe most of the regulations are bad. Take licensing for instance. You have a business that operates based on being honest and transparent. You have a nice big user base and suddenly there comes the government saying that you have to prove to them that you're fit to run the business. They want you to file a ridiculous amount of paperwork, you suddenly need to hire a lawyer because it's impossible for you alone to prepare all of it in time. You have to pay a fee on every step of the way... They are destroying your business and for what? Nothing. Licensed businesses also go bankrupt and also scam people. Bernie Madoff was licensed, and so was Jordan Belfort.

Is there any possible way for Bitcoin, for example, or cryptocurrency in general to become fully legal without undergoing regulations? If there is, that would be the best way. However, there seems none. Whether we like it or not, if we want crypto to be fully adopted as a main currency, going through regulations is the only way.

Regulations could really be good or bad. You are citing examples of the bad side of regulations. But it could also be good. It means accountability, for example. Or proper taxation, or security. 

I think it's inevitable. For bitcoin to really break away and receive mass adoption, a government regulation of some sort must be in place. Let's face it, at this time, trust is not that high for  bitcoin and crypto in general. Many people are still seeing it as a scam because they don't understand it. A government regulation should be able to reach out to the masses and give confidence that bitcoin is legitimate.

It's very general to say that government should regulate bitcoin.
Real question is how any government can regulate bitcoin?
As we know, nobody control bitcoin, it's decentralized.
So, in legal terms, if someone cheats you with bitcoin, who is competent and responsible?
Who is obliged to pay the damage?
States may negotiate rules and laws only with other states.
The government can only track the end result, when a user converts bitcoin into their local currency and can charge him taxes and that's fine.
Everything else is not realistic and possible.

Yes it may give legitimacy for bitcoin but at the end of the day, government regulations would surely adopt policies that would favor them in the long run. Compared to the now of the current BTC community, it's really just some people scamming others. And if goverment regulations were implemented, those people would just be chaned to the government. I rather like the current freedom the market has since it reallt helps develop the community a lot more because it develops its own rules and regulations. What you said about the legitimacy of cryptop and btc is we all just need the acknowledgement of the government, but they dont really need to take control and adopt regulations and policies for it.

"Trust" in the transactions is built into how bitcoin works. So there is no need for the government to be involved in "trust".

The problem is that people are stupid. They make stupid decisions which cause them to lose money and then they cry about it and want the government to protect them from themselves. Maybe they should take some personal responsibility for their actions.

So. Since "trust" is already built into bitcoin via the protocol, the only purpose of government regulation would be a form of endorsement. But do you really think they want to endorse something they have no control over? If they "endorse" it, people will run to them with their problems. They'll blame them for things when it goes wrong. They'll want some form of "control" over the transactions in which case, bitcoin will no longer be bitcoin.

Anyone that calls for regulation for crypto doesn't want crypto. They want an electronic form of money guaranteed by institutions like banks/governments. Don't worry. It's coming. And then they'll do away with paper money and they'll be able to see everything you ever purchase. Some places are already trying to work towards this.

So, you think people will make better choices if Bitcoin was regulated. Tell that to the millions of traders that lost money on the Stock exchanges all over the world.  ::)

Regulation will help to protect the consumers against illegal manipulation that could be done through money laundering, but it will not stop it. We have seen how large organized syndicates have infiltrated most of the regulated financial institutions and they manipulate commodity prices like Gold and Silver.  >:(

Regulation help governments more than consumers.  :P

I think they are after the tax that will ve collected also from the transactions as we know government all over the world wants a share in everything saying its for the people, but the government will surely find a way to get this done , because if there is money that can ne extracted there will be officials that will force their way in thats what it is

When it comes to regulation, consumers think they are safe and secure. But that's what most people think because when it is approved in a country it will come out there will manipulate their prices on the market, so if you are not aware or prepared in these situations it will be soluble or lost. your capital. So far, many say that bitcoin will increase in October by around 16k $ each, because of the falling prices now that many buy and sell for such news, so-called mixed manipulation.

Depends on your views on the government, decentralization and also how the society should work. There are communists and capitalists, and I have no doubt about it that they will all have different views about this pretty controversial topic.

If we are going by satoshi's own views and what he wanted BTC to be - that's a definite no. He was against the government controlling everything in our lives and hated how centralised everything was, and then BTC was made to circumvent the existing systems and usher in a wave of decentralization.

I think by being regulated by the government, we don't have to be afraid if somehow we are breaking their law. We lived in the country which the government control everything, and I think even if they regulated the cryptocurrency, they could not control it because cryptocurrency is free for every people. So if they were making regulations for the cryptocurrency, at least it will help cryptocurrency to be spreading to the public. And that will make people will not be afraid if they want to invest in crypto. We can feel safe to use cryptocurrency. The offline and online store can apply cryptocurrency as the new payment, which will help the adoption too.

To be honest, i had to agree to the everyone's answer here in this topic although i think that this isn't good to bitcoin and it's nature as decentralized electric p2p system but we have to rely on government since they have the authority over us so, we have to enforce the rules and regulations of the government to use bitcoin. Bitcoin is a threat to governments due to it's decentralized and anonymity of it.

I don't think it will be good to impose regulations on Bitcoin because it will hinder its growth and it doesn't even guarantee any safeguards to the industry! But thinking of it, I'm not worried since I believe that no Government will ever get to implement full regulation because it is designed to be decentralized in nature and no one have ultimate control over it!

Bitcoin and cryptocurrencies are still an emerging industry and I've never heard an issue yet of its influence affecting negatively on a particular country's economy hence there is no need to have it regulated. I also find it quite ironic when some Governments are acting like they could really regulate Bitcoin
while speculating that it will bring supposedly ill effects to its economy when all the while they had not done enough to regulate certain sectors of its economy like the power, banking and financial sectors, all of which could wreck havoc once left unchecked!

Surely there is ,and it will be troublesome for us.Taking manipulation isnt as easy as you think and not helpful as you think,this may cost chaos in the crypto world.Prices could crash bigtime.

All sort of things thats happening all have positive and negative consequences,we give up the bitcoin feature we all admire the decentralization in exchange of trust of very few big investors that will come in if the regulation will happen.

the first thing the government will do is set a tax on bitcoin
in my country, a bitcoin-fiat exchange pays about 250 usd in taxes every day
and maybe there will be manipulation too

and can bitcoin still be called decentralized when governed by the government?  ??? ???

We must think about what is bound to happen if there is no regulations by the governments of the world doesn't get its way, I am certain that even Bitcoins cannot survive if multiple countries like the USA decided to ban it completely, we have to settle for it to be regulated because the consequences would be dire. 

I see more and more fear of many countries about the crypto market and Bitcoin. Look how much the desire to regulate and control this sphere is growing. I am afraid that if governments will defeat by regulated it so hard the crypto community will be too hard to exist

I marked the things I'd like to address in bold. Okay, the first fragment is something I really don't understand. You're saying that regulations make investors feel safe, but then you're saying that there will be manipulations (pump-and-dump kind of stuff). So how will these 'manipulations' make people safe, why are they going to happen and how it this different from the volatility we already have? If the idea was to say that there wouldn't be any manipulations, then it's also incorrect, because the regulations cannot make Bitcoin fiat-like anyway. As for the second and the third point, these are just unfortunate stories of people who did not do their research and risked too much. Such cases also don't have much to do with regulations.
Regulations won't stabilize the market, they will make it harder to do business with Bitcoin and might impose serious taxes, but they also can help to fight financial crimes and cybercrimes.

Regulation can also do good, that's the purpose of it. To prevent unnecessary things but at some point, they can abuse its power. The government has the power to control and regulate things, but not bitcoin. Bitcoin is decentralized so they can't control over it, what they can do is to control the users. It's more likely setting limitations and rules to the users about/for using bitcoin. And as a citizen of that country, we have no choice but to abide the law.
I think it's much better than banning bitcoin.

From an investor's prospective this seems like a safe option to have government regulate bitcoin and monitor it, but from a cryptocurrency prospective this seems like a bad idea, the whole concept that bitcoin and crypto was build on is to escape from the governments and the bank's control which have been controlling every aspect of the financial life , they control how much you have when you can spend it and how you spend it, but with bitcoin that is not the case, besides controlling and regulating the bitcoin transactions is impossible or requires a lot of resources, so that is why governments are still very spectacle  about  banning or accepting it.

Regulation of Bitcoin exchanges can reduce some volatility, since it would be harder to manipulate the market unpunished, but overall it won't reduce it much - there's a ton of well-regulated markets that are just as volatile as Bitcoin, or even more.

Some people also think that regulations will hurt Bitcoin, which in some cases can be true, but Bitcoin is meant to be resilient to any outside pressure, people will always be able to bypass regulations if they want to, so it shouldn't be too big of a problem even if it will happen.

It will be good for the government to regulate bitcoin.They will gain tax from it.  It's not good for us, as a bitcoin user. They will know every transaction weve made. And lastly I think it's bad for bitcoin, because we use bitcoin to transact anonymously.

Most of the governments don't like Bitcoin as they can't manipulate it like fiat money. They want to apply some regulations but unfortunately the conditions can be very harsh. If they balance the conditions of regulations, I think it can be better for people.

Government wants to regulate the bitcoins / crypto only to have some control over it. They want to take taxes on crypto and this will only be possible if they regulate it. However i do not see how can government will be able to control this digital currency.

I guess one of the reason why satoshi created crypto is for people to have their power over currency setting aside regulation by government thru anonimity. That is what people enjoy in crypto now. However, the downside is that cryptocurrency's decentralization and anonimity is being abused by scammer, illegal activities fraud and etc. So, it is either we let government regulate crypto and sacrifice being anonymous to avoid such illegal activities, or let crypto be a gateway for illegal activities or fraudelent acts.

Government regulation generally leads to improvements in technologies. Reason is that despite it might seem unfortunate in the beginning, with regulation we have safer playing field for everyone at the end of the day got. Which is what really matters.

I am voting for Bitcoin trading regulation.Bitcoin is already asset class some institutions like pension funds are investing in bitcoin.All of them are suffer from traders dirty trading tricks . But is has to be like worldwide effort because most of that dumps and pumps  begin on offshore margin trading exchanges
In a case of other regulation they have to be done wise to kill or disturb industry
I can imagine that crypto currencies are something new but something has to be done
I have been reading that now because of Libra Central Banks want to develop his own digital currencies .I think that time we will have also bitcoin regulation.Most of regulation what will be done now will only hurt our privacy and make our crypto life more difficult

First, you can't regulate something like bitcoin, not the protocol, not the blockchain network (and all the full nodes running the software) that is already running, not even the miners.

What they can regulate are the fiat on ramps, namely the exchanges. What they can also regulate are securities or derivatives, such as the futures and ETFs. Some are cash settled, so don't directly affect the price, others are physically settled meaning someone moves bitcoins on the actual blockchain, or at least there is a custodial service that holds it for you, like the Bakkt warehouse.

That's good in the sense that institutional investors are waiting for this kind of thing. They don't really want to learn how to hold and operate wallets or even understand how the tech works. That's for coders and developers to figure out.

No.Regulation by the government will make bitcoin have a lot of restriction and the usage of bitcoin will be decided by the government it could be good or bad depending on each decision the government will come up,maybe regulation may help reduce the volatility but do you think that it is a good thing or nah

I don't see the purpose of the government interfering with bitcoin and cryptocurrency. The nature of bitcoin is decentralized and it can function without the regulations of the government. If the concern is about scam and theft, I think it's our own responsibility to avoid it even without the help of the government. They just want tax and manipulation from here.

Regulation is not always good for those who want freedom in managing their assets without certain restrictions. and also the actual regulation that should exist is to support the means of payment by crypto and make it easier for someone to make a transaction or payment anywhere with the smallest fee. and of course if a financial regulation about crypto exists. I think tax is also certain in bitcoin. is someone ready to pay tax for bitcoin that should be free of tax?

let's take it piece by piece
There's always been manipulation and it was not stopped or will this ever stop even if there is regulation in place


Blame your friend or whoever advice him to put his retirement funds to invest in Cryptocurrency, it's always been the old adage only invest what you can afford to lose if he follows this advice and he still invests he should not blame anyone even the market


Again not doing research and proper calculations, easiest way to lose your funds.

Correct,  being decentralized is the core essence of bitcoin and that make bitcoin unique.It will become messy when government comes in. Bitcoin means freedom, if its regulated then its lost its essence. There are cryptos also that is not open and government can join or develop their own, they should leave bitcoin alone and let it innovate and progress to its full potential.

Regulation of cryptocurrencies by states is a necessary stage for its further development. Without legalization and regulation of this type of activity, fraudsters and thieves cannot be defeated. In the first half of this year alone, attackers stole more than four billion dollars. This is a very large amount. Without certain control from the states, this figure will grow and we will not be able to feel safe.
In addition, cryptocurrency must be integrated into a single payment system of states in order to go along with their national money. In any case, this must happen in order for it to be completely liquid.

I'm not against regulation of Bitcoin and cryptocurrencies in general. Many are afraid that this might ruin Bitcoin and it's essence but I don't think so.
To my opinion regulation will protect Bitcoin users and define what is legal or not. Also, this might attract more businesses into Bitcoin because it will give them a legal framework and security. Regulation of Bitcoin might also open the door for Bitcoin and cryptocurrencies into traditional economy system.

I think more jurisdictions regulate and clarify the legal status of crypto currencies, the crypto market will become much more stable but unclear regulations and direct bans by the government have proven to be dangerous for the crypto market when investors worry they will sell their bitcoin, thereby directing the market to a bearish situation.

In my own personal opinion, there will be an advantage for us bitcoin users if bitcoin will be regullated by the government that we can now use bitcoin in our daily lives and a lot of people will not be afraid to invest their money in bitcoin and other cryptocurrencies. But i think there will be disadvantage to it that it may involved to corruption that most of our transactions will have taxes and huge fees.

I agree with you and also the regulation can also cause bitcoin to be taxed in a country. but many people expect bitcoin regulation in the hope that prices can soar much higher. but before discussing further it seems that will not happen because the trump itself had made a negative tweet about bitcoin before.

I believe that it will only be a matter of time before states introduce their own national digital currencies.
I don't think that can be good for the BTC. It will only be a marginal currency for a minority of the population.

I think it may lead to a good and bad outcome, regulating the usage of bitcoin such as making some laws about it may help the community to lessen and reduce the volatility of cryptos and also it may lead to corruption since it talks about money, so that I think government should discuss this deeply because cryptocurrency has a big impact to our economy and it can help to improve our community today.

What is happening in my country about crypto, I'm not so sure if the government can set it up.
I listened to the news that the Government had provided information if Bitcoin was difficult to regulate.
Bitcoin does not have a standard price that can be set. So this Bitcoin can make you rich quickly, but you can also lose a lot of money. So it's too risky.
But the government is still doing research, but until now crypto can still continue to thrive in my country.
I believe if the government can make regulations on the crypto, I think all investors and members can get good security guarantees.

Government is struggling with the type of volatility in bitcoin and the 2017 bullrun give the whales so much concern to control it early. I beleive the price is liable to reach 50k with last pump but will large force to bring down the space. IMO the government gets a relief with the market dump. However, we a strong regulation for ICOs and IEO. That's where more concern should be  placed, criminal should be prosecuted and subsequent acts should be prevented.

The reason for the creation of the blockchain is to free itself from the conventional way of handling our transactions- which is the manipulation and regulation by a third-party company. If something were to be regulated, expect it to be manipulated and controlled in areas that should be free instead.

If bitcoin were to be regulated by the government, its price would fall and be stable like any other investment mechanism. Its volatility will be lessen significantly and investors would shift their attention to a new method of investing. In addition, manipulation of the prices, supply and demand would most likely happen in the long-run if it were to be regulated at some point.

I think some regulation will make everything about crypto better. Crypto-field is so open that any one can issue a token contract and start an ico, bounty, airdrop, and a lot of promises to revolutionize the industry, but very few know what they are doing. The rest are just wasting time.

Regulation can make this much better. Don't have a solid idea about how this regulation should be.

Regulation by the government is nothing but a nuisance to the public. I wouldn't want Bitcoin to be regulated as It will be restricted in some was. Bitcoin is built to be decentralized, to be owned by the masses not the government. Let's say Bitcoin is regulated, what good it will bring to us? will it help lessen the crime, I think no. I think Bitcoin will stay as it is but the movement of the people will be restricted.

If this is the only way for us to be freed from the hands of governments who hinders us to grow bigger?the I would agreed on regulation because let’s admit the reality that this is what killing us.

Around the globe the fight against Bitcoin is growing and only few is gettin interested in adoption so why not just Go with the Flow .anyway the real question is HOW AND WHEN

Regulation of Bitcoin will never make investors feel safe. The main focus of regulation is to control the amount of Bitcoin sent or received by everyone on the blockchain network.  Regulation has the tendency of making the market value of Bitcoin to be static. Once it is static, profit margins also depreciate causing investors not to make any significant profits out of their investment...

I do not find it bad if it is regulated in the country in which I live. If this is true for bitcoin's sake, too, to prevent scammers from being victimized, then, in my opinion, it would be nice to have a Mining rig even if the price of bitcoin dropped. , we just don't know when it will happen. Just keep in mind that selling us should be the right timing and the right purchase.

Well, the golden rule about investing is not to invest what you can't afford to lose. It sucks for people who have invested things like retirement money and alike, but Bitcoin's volatility was well-known from day one. As for the regulations, they will impact businesses that are using cryptocurrencies, and they will be able to provide some level of protection to investors, but they can't do much to control BTC, i don't think. That's the beauty of crypto, after all.

How come it is connected to the regulations?
Your friends investment went down and it is not connected to bitcoin having a regulations ,
And for the record Bitcoin is created to be decentralized and to be free from the government and I think that is the main reason why there are some who supports it even in it's early days.

Regulations are opposite of the bitcoin's foundations and roots. People wants to be safe but they should know that they are save when they control their own money, this is what bitcoin provides. Regulations will not be good for bitcoin. It will just become a virtual currency which is being controlled. This is not bitcoin.

Well, I don't feel safeguard of our investment even we are regulated by the government. I know this is not the reason why they pursue to regulate crypto, I have to think that is meanly because they wanted all crypto holders are subject to pay taxes. I therefore not to agree this one and rather to stay decentralized form of market.

Having such freedom is greatly we have to experience even we face a huge risk in the market. The support of the government is just enough rathet than to think of regulating us.

Regulations can suppress the trading values of cryptocurrency. It will stabilize the market and make it a safer investment, yes. But Bitcoin was made to be decentralised. Its main advantage is anonymity.  If government takes on cryptocurrencies, transactions will no longer be anonymous, so it loses its main feature. And government wants is just to implement tax. That is all.

I think a regulated Bitcoin will tarnish it's  structure, foundation, prestige and reputation.
Being decentralized is what appeals most of it in the first place. Highly volatile yet lucrative
at the same time. It's top of the food chain in the crypto market. Taxes maybe imposed but
still it's better off unregulated by any government. It's better if they support it, it can
improve and help a lot in a short manner of time.

Regulation will only bring sense of security for the investors and yes it will help the price of bitcoin to grow as many people will rely on it now to invest, and regulation will also give them the assurance that government have supported the cryptocurrency, but to an extent, regulation will defeat the objective of cryptocurrency, as in the true decentralization of bitcoin.

All these issue of anonymity will be erased and I am not sure that people will be able to use it as currency again, because there will not be any difference between it and the normal fiat system that we have been using that is fully decentralized, but since for now, we are just using the cryptocurrency for making money and trading, regulation will be good for us as it will invite more people.

i agree on the security thing but this does not mean that we can now experience a scam free comunity , but believe it or not , there will still be scams and other negativity on cryptocurreny  but atleast its now minimize  .

 cryptos can gain trust this way and it can surely attract people but at the same time it will also be the reason for some to unfollow cryptos because they love the old way of cryptos  . so i think the value will still be the same  and wont really grow hard as what you intend

Regulations are actually of two types:
1. Regulations regarding the ownership of cryptocurrencies
2. Market regulations regarding trading of cryptocurrencies

I believe you are pointing to type 2 of regulations. But for governments, it is only possible to apply type 1 regulations. There is no way possible that type 2 regulations can be applied by government. So the concern you are pointing will not be solved even if government exercise some regulations. Let me explain in detail what I meant:

First, type 1 regulation. It involves making rules and regulations related to taxation of Bitcoin, use of wallets, check on foreign transfers, etc. The government could exercise control over these upto some degree. Now coming to type 2 regulation. It involves complete check on exchanges, looking that no exchange is manipulating prices, there is no insider information effecting prices and much more. This is only possible in stock market and not in crypto market. Why? Because stocks can only be traded via demat accounts as approved by authority constituted by government for this purpose. But in case of cryptocurrencies, there is free flow of coins from wherever the traders want. They may or may not use exchanges. So when government have no control over cryptocurrencies, it is also impossible to make regulations regarding their trading too.

When  its  come to government  regulating  bitcoin is not necessary.  Satoshi purpose of creating  bitcoin was not as  form of investment asset  but is to  make  secure , fast  and  easy global   payment system without government or central  bank  control. When they  regulate it they  will start controlling it. they will monitor  exchanges  and transactions which  is  goes contrary to the satoshi vesion. And investor  will regret  when they regulate  bitcoin.  they will  control it  and  start  manipulating the price..     

Scammers are one of the biggest problems of ICOs. If Bitcoin is regulated and legalized in a country, then it will have important benefits for ICOs I think. Thanks to that, ICOs could be more trustworthy.

Honestly when has leaving regulation up to the government ever done much good? They do not want to protect they want to control. That is what this is all about.


-_- The government don't want to protect us. They fool people like you into thinking that they want to protect us. The government wants to control it has nothing to do with protection. They just want control over your funds and to know every little financial detail about you.


This is true but you cannot just blame the scammers. It is also the fault of those who keep giving the scammers a reason to come back and they seem to refuse to educate themselves before making an investment.

there's always been manipulation on any investment industry if the government regulates it they will be the one manipulating it


You will be taxed and the government is the one that will allocate how many amounts of Bitcoin you should have and they will closely monitor all your transactions, and you will be limited on the interest that you should make

When the government is able to manage Bitcoin. I think it will make a positive impact on the development of Bitcoin. With the governance by the Government, I think all projects will definitely use KYC. Moreover, now that there are still many investors who have not returned to the market because they still do not believe in crypto.

The steps taken by the Government if able to regulate crypto, I think the security is increased and the investor will be protected by a legal entity.

Well, who knows, maybe this might be good for the system. It might at least help to get rid of scammers in the crypto community, and bring about some sanity in the market once more. But then again, it might cause some restrictions, but overall, it wouldn't be so bad, as it might also lead to some mass adoption of the system.

I think every country with its government have been working on this .. to regulate bitcoin and any other cryptocurrency to protect their citizen from what they called as a high risk and dangerous thing. Is it work? Still in progress and research? To regulate the whole cryptocurrency space it's impossible , but to regulate a business that involved in cryptocurrency such as exchange regulation... ico regulation etc it's really possible and has a lot of benefit.

I'm not sure actually what really op mean with these 'bitcoin regulated by government' , one thing that I know ... cryptocurrency would always be like this no matter how they try to regulate the whole thing. It's wild .

For me, it's a good idea if the government regulates bitcoin, but I'm sure that bitcoin will be not the same way as it now. Because when the government controls bitcoin, it will be decentralized and we all know that bitcoin is centralized and the anonymity will be gone because they need to make sure that they know their users. We just need acceptance and adoption at this moment; some countries are making some laws about using cryptocurrency, and I think it is fair enough. But I still hope that the government regulates cryptos but, they will not remove the capability and ability of bitcoin. :)

As time goes more and more things are regulated, at some point it is good because as we see, most part of population isn't very educated and take bad decisions. In this I mean that for example a lot of people fall in beautiful lies and believe that politicians want to improve their life, feds and etc are doing everything good for people... A lot of people also are ok to work like slaves and don't care to improve their bad situation because for example if some group of people work hard for 200$ and have a protest, there will come another wave of people who will be more than happy to work for 200$ on that position. That sucks, there isn't unite.
Well, why I wrote those is that at some point it's still good governments regulate things because people can't handle that but on another hand there is no need to regulate everything and bitcoin doesn't need any regulation from government. There are some type of people who are looking for freedom and will always achieve this.