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Author Topic: How do you think, will states be able to regulate the crypto currency?  (Read 2544 times)
Gozie51
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November 10, 2017, 06:56:30 PM
 #61

My own opinion is, they should be a regulatory body were all up coming ICO should be verified to a standard before they are allowed to flag of.... There team should be check and contacted, there company should be verified... and the problem they tend to solve me be unique else they should not approve the ICO... this will help a long way

This is one area that regulation might help the users. Checking Icos is important so that they don't just come and leave investors in more debt. Hence, even if total regulation from mining to everything about cryptos might be difficult at least that of Icos is important.

For instance, some icos come promising goodies while their site are prone to collapse when hit by traffic of subscribers, just like we are witnessing in many ico site now, because they either didn't do their research very well, they are incompetent or not ready.
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sfr2017
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November 13, 2017, 08:35:13 AM
 #62

Bitcoin is a international virtual money states must first allow in here legislation the methods of using and the transactions of bitcoin but this needs an intervention of the Central Bank for this state.
persons can speculate their transaction of bitcoin not in legal market.
but now there's many countries are accepting bitcoin we hope that the others states do the same thing

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November 13, 2017, 05:53:50 PM
 #63

Bitcoin is a international virtual money states must first allow in here legislation the methods of using and the transactions of bitcoin but this needs an intervention of the Central Bank for this state.
persons can speculate their transaction of bitcoin not in legal market.
but now there's many countries are accepting bitcoin we hope that the others states do the same thing
Why do you need it? So you want to quickly get into slavery? I don't understand those people who want the state to regulate the cryptocurrency market. Then what bitcoin is different from Fiat? Bitcoin has been given to us so that we escaped from under the control of the state. If you are satisfied, use Fiat.

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Twentyonepaylots
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November 18, 2017, 01:58:46 AM
 #64

States can regulate cryptocurrency by the use of controlling the transactions around it, for example they can issue a tax towards every transaction for buying and selling crypto currency, by that you can regulate and control the flow of cryptocurrency.

jekjekman
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November 18, 2017, 04:59:38 PM
 #65

How do you think, will states be able to regulate the crypto currency?

If you are pertaining on regulating all of the crypto currency then that will be impossible since part of it's feature is that it is somehow anonymous so no one has the exact and complete ledger of the names of the people who own coins and tokens and the amount that they own. In order for the states to regulate it this is the first details that they need to have.

So for the state to regulate crypto currency they need to start from square one which means abolishing all existing crypto currency and doing a state governed crypto currency from the start, which I think will not succeed.

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November 19, 2017, 09:01:05 AM
 #66

I think government will implement that all business, stores or any services need to submit all the transactions that they have that involves crypto. They can track everyone so they will know who will they tax or others who are using cryptos that came from money laundering.

christian07
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November 19, 2017, 12:58:52 PM
 #67

Its good to regulate bitcoin and if that is states,i think its good because they already rich people not like other country but if they do bad things.I think no one will listen if that will happen,Bitcoin is already good now so even states dont regulate bitcoin i think its going well also

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