The Need for Bitcoin and an Argument Against Regulation

[Roboabhishek]

Bitcoin has been talked about a lot recently. It is one of the most revolutionary transaction tools. Some now even see it as an investment and this has been proven to be a good investment with the fluctuating value. It’s just a matter of time before it is used by almost everyone

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[stingraydiver]

Yes indeed!  Everyday I see new outlets for crypto currency.  It is amazing how fast we are growing! 

[Harlot]

Indeed Bitcoin and hopefully other cryptocurrencies can do more than scratch the surface of this businesses and hopefully achieve more compared to what has done by other investments such as stocks and forex. The returns they are simply goving are not enough for this banks to do better returns for us. If they see that a lot of people are getting richer with cyrptocurrencies I thinm this will be the start to see them as a threat to their business. Hopefully the government is also on our side that when the time comes we are not the ones who are in danger.

[SupMiner]

Bitcoin should not be regulated!

[timerland]

Bitcoin should not be regulated!

Of course it shouldn't. But third party services do need to regulated to a certain point where it makes it safe for anyone using one of the regulated exchanges to be safe in storing funds with them (obviously, it's still best to store funds on the trustless bitcoin network anyways).

It should be noted though that these regulations shouldn't be a tool to restrict people from using bitcoin. Instead, it should be actually be keeping people safe by regulating ICOs, exchanges, etc.

There are many advantages which bitcoin offers to people that are currently unbanked, underbanked, or living in a country which a non-working fiat currency. And we are already seeing an emergence of these bitcoin users. These benefits are clear for me, but it does take time for adoption to catch on.

[paynercash]

Bitcoin has been talked about a lot recently. It is one of the most revolutionary transaction tools. Some now even see it as an investment and this has been proven to be a good investment with the fluctuating value. It’s just a matter of time before it is used by almost everyone

The extremely stable and durable bitcoin has nothing to discuss. But anything against the rules is not so important. In essence I find it does not affect anyone but also gives value to the community. That proves it is more and more trusted and respected in the market.