Will bitcoin ever get regulated

[DoublerHunter]

This topic have taken the center stage of my thought we have seen how countries around the world are gradually opening the economy to adopt bitcoin and as a result a lot of government policies are already underway to develop a framework that allow regulation of the bitcoin ecosystem which have made me to wonder on this topic. Can a decentralized currency like bitcoin ever get regulated?

"wind is something that cannot be touched but can be felt", as well as bitcoin, the government cannot regulate bitcoin but can only regulate things related to bitcoin such as bitcoin owners, exchanges, gambling sites or digital wallets.  but if bitcoin is a centralized crypto asset then the government can regulate it.

^ In short, BTC is only on the computer's code that no one will break the code even one of us.
Even though there is a regulation of the wallets or any platform that the users use but still we can still be able to use BTC without knowing by the government, the whole thing they can able to regulate because we can use BTC without regulations. But the problem is when we buy and sell cryptocurrencies we need a centralized exchange to that faster. However, there are exchanges that we can use to trade but I am not sure how faster it is. It is a p2p exchange.

[MinoRaiola]

This is a question many people have and yes it is important. More countries are legalizing it because they understand that there is no other way. Now even Ukraine and Russia, they have other problems, but they are getting there. So there are more of them, and that's good. But more important, people are accepting Bitcoin. So it has to be used and used in the best possible way. Simple and cheap, then it works much better.

[blockman]

I don't think the adoption of Bitcoin by many governments and countries will make it centralized to the extent of being controlled or regulated by some bodies or organization.

It won't make it centralized, bitcoin will remain as is even if all the countries and governments adopt it. But what they can do is they can manipulate the market through their one accord plan if they do so. But the whales are already enough to manipulate the market but with them working together, they can also do what whales can. They can regulate it but it will never change the character of bitcoin. As they regulate bitcoin, it's not the actual that they regulate but it's the market of it.

[Abiky]

it is difficult to regulate BTC because from the start BTC has been designated as a decentralized currency, and transparent in its management, but with a centralized platform owned by governments or individuals that can be regulated as said, using fiat currency as a means of illustration

Exactly. You can't regulate something that's decentralized. That's because network participants are spread across many regions around the world. If one country decides to "ban" the usage of Bitcoin, miners and/or node operators from other countries will continue to support the Blockchain. Crypto-friendly regulations will only encourage the growth of Bitcoin within a specified region. When there's a "full blanket ban", Bitcoin's growth will diminish. But that doesn't mean the cryptocurrency itself will die. People will find other ways to circumvent government restrictions in order to get access to Bitcoin.

For Bitcoin to go down, the whole Internet needs to be shut down (something which is impossible). Governments will only be able to regulate centralized exchanges since these are concentrated within a single region. But they won't be able to regulate decentralized exchanges, and even in-person trades because of the reasons mentioned before. Things will stay that way as long as Bitcoin remains decentralized and censorship-resistant. Just my thoughts

[amiacaroline37]

Which government do you mean? perhaps certain state-run administrations simply need to embrace bitcoin however not really they can handle it, since it can't be an antonym for the public authority that has focused on centralization. Two distinct and problematic perspectives can't be joined, except if both are given a spot as indicated by their separate ideas, in particular, bitcoin with its decentralization and brought together government that acknowledges bitcoin's presence. 

[Tellek Garing]

I don't think the adoption of Bitcoin by many governments and countries will make it centralized to the extent of being controlled or regulated by some bodies or organization.

Many government agencies are trying tooth and nail to see to it that Bitcoin get regulated but the edge Bitcoin has over most policies is that it's temper resistant and the highest that could be done is to regulate centralized exchanges but for Bitcoin it self it's strictly on a peer-to-peer network base and no form of regulation can alter its flow.

It doesn't make any sense trying to regulate Bitcoin as it can't be regulated as Bitcoin is a decentralized currency that is free from third-party involvement, be it as this may be Bitcoin services are the only part that can be regulated that is why we have centralized cryptocurrency exchange.

[TribalBob]

I don't think it will ever be regulated for bitcoin and other coins, because as we know no one knows who owns the bitcoins themselves,
the positive value of bitcoin is that it is decentralized and censorship resistant. and keep in mind that only centralized exchanges and services will be regulated not the bitcoins

[Mahanton]

I don't think it will ever be regulated for bitcoin and other coins, because as we know no one knows who owns the bitcoins themselves,
the positive value of bitcoin is that it is decentralized and censorship resistant. and keep in mind that only centralized exchanges and services will be regulated not the bitcoins

Bitcoin couldnt be regulated technically and it couldnt be possible as we do all know. Government could only take involvement via means on touching those platforms or services that do
really involves bitcoin or crypto as a whole and thats the only way that they could really give out some influence which it do somewhat affect us users who do really mind off about
decentralization but we dont really be having any choice as long it do touches up crypto to fiat transactions and these platforms are mostly regulated then we dont actually
have other choice but to deal with it.

[darefreads]

I don't think it will ever be regulated for bitcoin and other coins, because as we know no one knows who owns the bitcoins themselves,
the positive value of bitcoin is that it is decentralized and censorship resistant. and keep in mind that only centralized exchanges and services will be regulated not the bitcoins

Bitcoin couldnt be regulated technically and it couldnt be possible as we do all know. Government could only take involvement via means on touching those platforms or services that do
really involves bitcoin or crypto as a whole and thats the only way that they could really give out some influence which it do somewhat affect us users who do really mind off about
decentralization but we dont really be having any choice as long it do touches up crypto to fiat transactions and these platforms are mostly regulated then we dont actually
have other choice but to deal with it.

Bitcoin will be regulated in one way or the other because there is no other way.

When governments will know that they can't ban bitcoin, they will try to find ways to regulate it.