Bitcoin: To regulate, or not to regulate that is the question

[oemar bakrie]

cryptocurrency in my opinion is better organized let all the more transparent and start in juxtaposed with the original currency..
because at this time many cases are against the law and involve bitcoin as the main problem..!!

[1715598423]

1715598423

[1715598423]

1715598423

[fanbeila]

Its always good for cryptos to get regulated as it would help them to progress in the long run.By getting regulated,people would get enough confident to invest in cryptos instead of getting feared anytime whether the cryptos would get banned or not.Regulation would help cryptos to get accepted as payment widely.

[Dexter543]

Time For BCH,Eth,Neo

[Sevarchik]

My vision is regulating crypto with any resctrictions in amount and profit of investing, only for steal preventing myst be use regulation

[dalesotpi]

the only thing to make transactions legal is to have the government impose properly planned, extremely safe, and well executed regulatory measures.
Take for example the increase in revenues form crypto transactions in South Korea to as much as 88 fold, it will tell you that investments may be pouring in  probably influenced by safe regulations in place.
Also government can never regulate bitcoin due mainly because it is in a dcentralized platform, but government can regulate transactions.
So for me, regulation is a good thing

[Jednopivo]

Its always good for cryptos to get regulated as it would help them to progress in the long run.By getting regulated,people would get enough confident to invest in cryptos instead of getting feared anytime whether the cryptos would get banned or not.Regulation would help cryptos to get accepted as payment widely.

Yes, looking ahead, perhaps that is the way forward, although the original point was not to have any central authority or 3rd party involvement. But times must change and adapt.

[Jednopivo]

My vision is regulating crypto with any resctrictions in amount and profit of investing, only for steal preventing myst be use regulation

I'm not sure that people who don't want it regulated all want to steal. Privacy, for example, is important for a lot of people. There will always be those who steal, whether they use cryptocurrency, fiat or gold, etc.

[Jednopivo]

I think regulations are necessary.
The anonymity of crypto currencies can be and is abused.
There is money laundering, tax evasion and scamming people for their money when they invest in fishy ICOs.
All of that I consider to be anti social.
If a government finds a way to prevent this and if that way does not end up in too much surveillance, I would support it.

True, this does happen. But what about fiat? I'd be interested to know the figures fiat vs crypto in the amount of fraud. I'll have a look later when I have a moment. I do agree that something to combat fraud, and tax evasion, needs to be implemented else it will just run riot, and that's not a good thing.