What do government regulations REALLY mean for Bitcoin?

[bambazamba]

Thank you for sharing such vital information with us .
Some day or other bitcoin is going to touch the peak of its popularity and will come into notice of governments all over the world . I hope that turns out that governments take bitcoin as an asset for their country . Only regulate it and don't ban it and take the decisions which are taken by China and Srilanka.

[1714124051]

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[lili song]

Not really too, maybe regulations another thing. But for bitcoin must legalized by the government to control it.
Bitcoin help country for transactions and unemployment. That the best thing bitcoin can do, to help country.

[Kingofbitcoin12345]

Regulations is not intended for bitcoin and cryptocurrency but this certain of time that too much criminality and developers without accountability it is now a must.. An opinion that I’m into because I’m also a victim such act and to be honest having them not in jail is prostrating than having money gone but trust to the same project itself.. If we some point give regulation a chance our trust will regain but after it all goes good already,, a pause in regulating is better..

[LT4]

While many people in the world still don’t know or don’t trust in BTC  government would only manipulate with new investors. Did u remember when JP Morgan make Btc Beariish in one sentence haha

[ALT67890]

While many people in the world still don’t know or don’t trust in BTC  government would only manipulate with new investors. Did u remember when JP Morgan make Btc Beariish in one sentence haha

I don’t remember or just I don’t understand what do you mean. At the time it was not JPMorgan(owner) itself but the CEO of the bank Jamie Dimon that your talking about. It is not his comment last September that makes the bitcoin price down but in coincidence it is on the same issue with the China banning of ICO and closing bitcoin exchanges that is wildly been used by someone like you to promote negativity and make the prices go down. Then it goes, but that won’t last that is nothing but a laughable reality you must learn.

[Prinox2]

Government regulations on bitcoinBTC, has both its advantages and disadvantages.
For example government coming up with a better legislation about bitcoin will foster its  popularity in the nation. While the disadvantage is that some country with bad people in politics will manipulate and abuse the bitcoin.

Thanks.

[BTC064]

As long as the people continue to determine the price of the digital currency, there should not be a problem with regulation.

[mengpujiu93388]

Its price will continue to rise, and investors will reap huge financial benefits.

[kaizerblitz]

Because they scaed of bitcoin can do to there community and they scared bitcoin could replace fiat currency in the future.

[ihsanskanzaone]

government and bitcoin foundations will find it difficult to build regulations because bitcoin foundations consider government regulations create innovative barriers before knowing what the impact of this technology is, despite the fact that there are many drug purchases using bitcoins that are increasingly cornering the bitcoin foundation.

but the Bitcoin Foundation is more optimistic about the future and the use of virtual currency. Their vision is to turn Bitcoin into a globally accepted method of exchange and storage of value that will operate without the need for a third party such as a bank.

for more details please read the link below.

http://www.independent.co.uk/news/business/news/bitcoin-foundation-legal-protection-us-currency-regulation-llew-claasen-cryptocurrency-bitlicence-a7919401.html

[joy90009]

Bitcoin surges up as it targets people without internet access.

[Andik Bachdim]

whether the government regulation means for bitcoin itself
the reason is

please clue

[Abubakaradam]

I like to read the news about potential bitcoin legislation taking place in different countries. I gotta say this article offers good summarized explanation of possible future regulations.

It is rather scary to see that almost any remarks of Bitcoin's regulation is causing unnecessary panic within the Bitcoin community. It doesn't have to be that way.

"fear" is a common thing especially in the country bitcoin is still illegal. for communities whose countries are still lay or have not legalized bitcoin then should be more careful in accessing / transactions. in the value of the economic aspect we hope our country implements a fair rule and legalizes bitcoin as a means of future transactions ..
benefits to a State:
1. The state will have an advantage if the income from btc is passed into tax
2. The country can quickly develop because the community has an unexpected income

[jhean_arcane]

One characteristic why people are drawn to btc is the anonimity of its possessor, and as long as there are people who wants to exploit this, the regulations for bitcoin will always have a loophole. BTC is in it's infant stage, in other words, a lot of people still cannot understand how it works, plus, it's very volatile. Blockchain is also a relatively new technology. Right now, many are creating scams to earn money through ctc because it lacks regulations. Anonimity becomes a double edge sword.  Since the government cannot ultimately regulate btc, they can regulate the exchanges. South Korea and China are already aggressive in regulating BTC because it can be breeding ground for Launderers. Understand that regulations also protects its users and minimize scams, and not to instill fear.

[Johnyz]

Because they scaed of bitcoin can do to there community and they scared bitcoin could replace fiat currency in the future.

Government scared not to collect any taxes from those who earn millions through cryptocurrency so this is why they are trying their best just to regulate bitcoin. For me its ok to be regulated instead of banning bitcoin. Some country regulates bitcoin already and the result is still fine.

[BrusLi3]

Awesome article discussing cryptocurrency, Bitcoin and government regulations

http://patrickguy.ultimatepicturecollection.me/025053c7f467dd

Hope y'all get as much out of it as I did
Cheers
James

They just want a piece of it. Tax is a "must be" so they can have some.
It's expected to be like that.

[harbin55]

Rules and regulations implemented by thd state is the external factor that can affects the financial performance of Bitcoin. 
It is a inevitable event that once implemented all things will be affected. I think every decision by the government really affects and its so much means to the company's performance in the industry.

[Pusarbumi]

Rules and regulations implemented by thd state is the external factor that can affects the financial performance of Bitcoin. 
It is a inevitable event that once implemented all things will be affected. I think every decision by the government really affects and its so much means to the company's performance in the industry.

of course very harmful for us as working in bitcoin is actually a country that provides rules / prohibitions to bitcoin should the country make it easier for people to work anywhere on any site in order to reduce unemployment.

[marielbeckham]

It really turned out to be extremely useful. The must-read one I would say.

[Protected101]

Government want rules and regulations for bitcoin,imposing tax and gave their authority by it.Its okey for me that bitcoin became in legal but there are things that change like imposing tax instead that it can be added on our income they add tax on it,but it cannot be good that bitcoin can be banned because we are not following their rules.