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pieppiep
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August 21, 2018, 10:42:20 AM |
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actually bitcoin cannot and will never be able to be circulated by regulations in every country, this bitcoin movement should be free purely from the influence of buyers and sellers, so this regulation is not needed in some countries that are already aware of blockchain technology and this bitcoin currency.
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diger
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August 21, 2018, 05:25:32 PM |
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I believe there are so many countries that are actually not officially regulating it yet while just few are. Comparing the number of those who have just been silent on the whole thing, I believe they are more than those who are even condemning it. The thing with regulation for sure is that it would bring in new level of growth as we get to see more potential investors coming in.
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Iykecollins
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August 21, 2018, 06:33:09 PM |
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Global regulation of bitcoin is almost impossible, Bitcoin is different from the fiat currency that is bankable and affected by global policies. Again it will be difficult for all the world countries with different ideologies to have a unified policy to monitor and regulate Bitcoin, Bitcoin on itself being decentralized almost makes it impossible
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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August 21, 2018, 07:20:38 PM |
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actually bitcoin cannot and will never be able to be circulated by regulations in every country, this bitcoin movement should be free purely from the influence of buyers and sellers, so this regulation is not needed in some countries that are already aware of blockchain technology and this bitcoin currency.
I can't agree with that. Regulation is not about centralization or control but about legal regulation in sense of legal and illegal and to give users some kind of security. To my opinion this is the main point and that is not bad. Try to see some positive aspects that are for good of all of us. |
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Mjadon15
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August 22, 2018, 09:16:28 PM |
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Define bitcoin as currency: Australia, Sweden.
It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.
Clearly identified as legal means of payment: France, Japan.
Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.
The first country to recognize the legal status of bitcoin: Germany.
The first country to block bitcoin: Thailand (now a changed attitude)
ICO's country: China, South Korea.
Countries with positive attitudes to ICO: Russia, France.
Japan: embracing reform, licensing, and overall regulation.
Japan, as an innovator in this reform, has been on the cutting edge.
I doubt the possibility of a global consesus on the adoption of Bitcoin and other Crypto-currencies any time soon. There is a way crypto and the blockchain will bring trust and normalcy to the financial system, that some governments wouldn't want because of personal gains. Also, The fact that it could also help curb illegal hoarding of funds doesn't appeal to some individuals. However that doesn't stop the rest of us from embracing the currencies of the digital world. Some countries have gone viral already on the use of Bitcoin. Time awaits the economical boom of these countries in few years time. |
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Mjadon15
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August 22, 2018, 09:19:33 PM |
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Since Bitcoin operates as a decentralized currency away from the controls of banks and governments, it’s often been the victim of negative press. Whilst articles from Vice that aim to show how it can be used for relatively normal purposes may be well-meaning, they still tend to feature the cryptocurrency against a backdrop of black market mechanisms.
It’s this perception that Bitcoin is primarily used on the Dark Web that compounds the perception that it is mainly used for drug trafficking and the sex trade, and until that changes, the Bitcoin symbol is unlikely to appear on our supermarket chekkckouts.
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Rj Manik
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August 23, 2018, 04:59:54 AM |
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the earth has become incredibly accustomed to bitcoin orders in addition to digital currencies. I really like that. incredibly swift increase within the last 24 months. that is great while using the rising volume of shareholders exactly who undertake bitcoin. along with the bitcoin selling price lower. objectives generally mature as soon as many shareholders continue to undertake with thousands.
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taliwang
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August 23, 2018, 05:37:59 AM |
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rules or regulations for bitcoin should not be too needed because actually bitcoin was created because it has a mission to not be able to control the price of any bitcoin but there are so many who ask about regulation because it is used to buy something you want in your country.
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iv4n
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August 23, 2018, 08:12:48 AM |
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Define bitcoin as currency: Australia, Sweden.
It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.
Clearly identified as legal means of payment: France, Japan.
Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.
The first country to recognize the legal status of bitcoin: Germany.
The first country to block bitcoin: Thailand (now a changed attitude)
ICO's country: China, South Korea.
Countries with positive attitudes to ICO: Russia, France.
Japan: embracing reform, licensing, and overall regulation.
Japan, as an innovator in this reform, has been on the cutting edge.
I doubt the possibility of a global consesus on the adoption of Bitcoin and other Crypto-currencies any time soon. There is a way crypto and the blockchain will bring trust and normalcy to the financial system, that some governments wouldn't want because of personal gains. Also, The fact that it could also help curb illegal hoarding of funds doesn't appeal to some individuals. However that doesn't stop the rest of us from embracing the currencies of the digital world. Some countries have gone viral already on the use of Bitcoin. Time awaits the economical boom of these countries in few years time. Why you doubt on global consensus? If most of the advanced countries adopt it, all others will have to follow, if they don't they will stay behind. That economic boom will be connected with crypto, there isn't any other way, look at this list, after only 9 years of bitcoin come to this, from zero to here in very short period, what prediction we can make for 2030? If you say that crypto can bring more trust in global financial system that will be recognized and that will benefit all the people in the world. Current system is run by minority, few people are very rich while hundreds doesn't have for food and water, with fair distribution, with more trust all the people in the world can live better, and that's why crypto will win the race, it's just the matter of time. Countries lik ilIndonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan can't hold global progress, people there will fight against it, world will help those people and they will have to change their system's. |
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Afie
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August 23, 2018, 08:24:14 AM |
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Bitcoin is not global control. Its control is only used by user.😊
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Deubila
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Merit: 10
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August 24, 2018, 10:38:09 PM |
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rules or regulations for bitcoin should not be too needed because actually bitcoin was created because it has a mission to not be able to control the price of any bitcoin but there are so many who ask about regulation because it is used to buy something you want in your country.
That's a funny question. Bitcoin is still bitcoin it does have any other control. By itself it persists and the value increases or decreases with the fluctuation of the market. |
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supercanada1
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August 25, 2018, 11:13:03 AM |
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Bitcoin is not global control. Its control is only used by user.😊
This is true, bitcoin is totally free from all kind of regulations, government has no link with them still it is growing, because bitcoin has anonymous nature, only the user can know about it if you will have high amount of money so people will surely look at your wallet and they will know about your saving for future but if you are using bitcoin then trust me no one will be able to keep bad eyes on your money. |
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rachellee
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August 25, 2018, 06:54:19 PM |
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Nations still remain divided on the topic of bitcoin global regulation, and adoption is still debatable. I think, it's not that they are averse to the idea that it can be beneficial for them, but more of, their financial sectors are afraid that if bitcoin becomes a crucial currency, the tendency of lack of control on their part is high, and control entails power. Who would want to lose power anyway? But I strongly believe that if things are meant to be, they will be. No one can stop bitcoin from taking over the global market, thus there is really a great need for proper regulation of the market, and I believe it will not take long.
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signaturecoin
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August 25, 2018, 10:57:47 PM |
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rules or regulations for bitcoin should not be too needed because actually bitcoin was created because it has a mission to not be able to control the price of any bitcoin but there are so many who ask about regulation because it is used to buy something you want in your country.
Bitcoin itself has its own privacy and anonymity to ensure the privacy of the investor so I think there should be only legal regulations to limit fraud in this market instead of creating global regulation. |
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mkhadazz
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August 26, 2018, 07:28:25 AM |
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bitcoin regulation is actually that bitcoin will never be able to have any kind of regulation because the regulation is because bitcoin is created to have a goal that creates a coin that cannot be controlled by anyone so if there is regulation for bitcoin it seems that bitcoin has failed.
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hanxinvwang
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August 26, 2018, 07:30:32 AM |
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Japan has always been a country that focuses on new things. When cryptocurrencies appeared, Japan accepted and some of their merchants began to use bitcoin as a salary!
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sumanto
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August 27, 2018, 05:52:26 AM |
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yes, of course this regulation for bitcoin must be there because with the regulation of bitcoin, the people will usually use a lot and will make demand very high and can affect the condition of bitcoin prices.
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drachman
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August 28, 2018, 08:58:05 PM |
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There will be never a global regulation in regard to bitcoin or other crypto currencies. Declaring bitcoin transactions as illegal does not play much a role if you consider that it is basically an anonymous and decentralized system.
Only two countries aknowledged bitcoin as public currency confirms that it will take another thousand years until probably half of the countries in the world will aknowledge it as well. And that is good, because as long as it is not accepted as a public currency, you do not have to follow the laws that regulate and tax money.
You never know, it is entirely possible that in the future governments are going to feel so threatened by cryptocurrencies and especially by bitcoin that they will pass laws in order to ban it, but as long as there is one single country that allows the transaction of cryptocurrencies then everything is going to be fine, and those that are whales could even move there and use their bitcoin without problems. |
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pthrmsor
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August 29, 2018, 01:12:09 AM |
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It is hard to have global regulations for bitcoin and cryptocurrencies because not all countries accept it. Like china banned them altogether. Other countries also dont have regulations in place. Hopefully we see more adoption and regulations in future.
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manismanja
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Merit: 11
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August 29, 2018, 02:58:40 AM |
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I think bitcoin is in dire need of global regulation because for the use of bitcoin, some of these countries need regulation for the circulation of bitcoin.
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