European Union official suggests that Bitcoin will not be regulated

[MairaObergh]

Either way, they can't stop something that's decentralized and world wide. People could still have it. As long as people can buy them with fiat.

[ladydark]

Regulators in Europe have tried to pressure the European Commission to put Bitcoin under a magnifying glass in one way or another. However, there are other characters that sometimes make us believe that these efforts are over, at least for now.

Yeah it is highly impossible to regulate the use of bitcoin because it is anonymous and there is no way to trace the usage of bitcoiners.So no government can put rules and regulation for using bitcoin.

That just simply isn't true. There are actually people that have professions of tracking within the blockchain, and they sure as hell do a pretty good job cause most people don't do their due dilligence when it comes to using Bitcoin as they don't even make it more secure for themselves. Bitcoin can be made more secure and anon, away from the watchful eye of people who want to know what you're doing -- but it isn't easy.

Bitcoin will be regulated heavily, but only when itis something that is hurting the big powers.

Yes they could do it to some extent. But what the major thing that they could possibly do is to regulate bitcoin exchanges and ask them to strictly follow the KYC for the users so that bitcoin users could be traced.

[Naoko]

I also believe that it is impossible to regulate, since it is decentralized, we just need to accept this fact and everyone will be happy)

[chrmn27]

This may be true. Bitcoin to be regulated requires a tremendous work. Bitcoin, especially now that it is becoming more and more huge, will be harder to regulate.

[BartS]

bitcoin will not be regulated because there's no country can control bitcoin.. bitcoin is decentralized and I think bitcoin does not require regulation.. without regulation bitcoin still strongly and day by day bitcoin users are more increase..

Bitcoin will be regulated, thy cannot change the code but they control the whole fiat system, if you want to buy anything significant with your bitcoin you will need to explain where you got your bitcoin and pay taxes on it, you do not have to like it but that is the way things are going to be from now on, also governments cannot let something like bitcoin unregulated they will disappear if they do that.

[NicG13]

Regulation might happen sooner than people realize. That's why it's important to continue developing top-privacy coins and technologies such as DeepOnion.

[Granxis]

The European Union countries have a cool attitude towards Bitcoin, and I have not seen their efforts to be fully integrated into Bitcoin, even if it is not exactly a bias against Bitcoin. It would not be wrong to expect a new crypto money test from European Union countries. Bitcoin can be a very negative development, especially in times of crisis.

[bob3772]

Regulators in Europe have tried to pressure the European Commission to put Bitcoin under a magnifying glass in one way or another. However, there are other characters that sometimes make us believe that these efforts are over, at least for now.

I don't really see how bitcoin itself can be regulated, the money flowing in to and out of bitcoin can be regulated in terms of tax evasion, money laundering, corruption etc, but those are all things that come under law already so no further regulation is really needed, just perhaps a different approach to it.

[Naficopa]

Regulators in Europe have tried to pressure the European Commission to put Bitcoin under a magnifying glass in one way or another. However, there are other characters that sometimes make us believe that these efforts are over, at least for now.

At the moment, the EU may not have an idea how to regulate a decentralized market. I would definitely watching this and finally bring some regulation.

[BartS]

Regulators in Europe have tried to pressure the European Commission to put Bitcoin under a magnifying glass in one way or another. However, there are other characters that sometimes make us believe that these efforts are over, at least for now.

I don't really see how bitcoin itself can be regulated, the money flowing in to and out of bitcoin can be regulated in terms of tax evasion, money laundering, corruption etc, but those are all things that come under law already so no further regulation is really needed, just perhaps a different approach to it.

That would be the right thing to do but that is not what they want, remember governments of the world are addicted to power so they cannot stand to have something they cannot control, if they cannot control the currency then they lose all control since very soon people will be able to do as their wish with their money without any kind of entity having any kind of oversight about what they do with their money.