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Author Topic: Will bitcoin go under regulation  (Read 211080 times)
FedorIzmailov
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September 13, 2018, 11:24:35 PM
 #1061

I hope that bitcoin will never regulate because it contradicts its original principle of decentralized currency
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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melch100
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September 13, 2018, 11:42:34 PM
 #1062

I hope that bitcoin will never regulate because it contradicts its original principle of decentralized currency

You are right, but we cannot force other countries to not regulate it since they find it threat to their fiat currencies, I guess and other concerns involving bitcoin use.

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jhonvir666
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September 14, 2018, 06:34:02 AM
 #1063

If you want to know my opinion, for me the bitcoin gets a global accpetance most of the agreements should be totally of the governments. in this situation the government has always read that bitcoins have been threatened with a global financial system, so no one stops until the day your success comes in and it's been adjusted.
Changadithethor
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September 14, 2018, 08:13:16 AM
 #1064

As a matter of fact, there are already countries where there are certain regulatory measures installed for Bitcoin and cryptocurrency and any related activities and businesses. But if you mean to regulate Bitcoin itself and not its circulation and usage, it is not possible. Bitcoin is an independent entity that is not in any way under the authority of any government.
Thecryptocurrency09
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September 14, 2018, 08:21:16 AM
 #1065

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

I have seen threads like these for so many time and what I am actually seeing is that it is just being posted once again, by different people and different approach. But then, bitcoin regulation is really is intriguing. But with the current state of bitcoin, I guess no one could regulate ot these days.
aanaa90
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September 14, 2018, 08:26:48 AM
 #1066

In my opinion bitcoin should be taken into consideration by the government and should be regulated
Getmon
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September 14, 2018, 08:55:11 AM
 #1067

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?

They can and they are currently regulating Bitcoin. However, the regulation comes country by country. Some are regulating it to the point of restricting it while others are branding it as a security. Others are putting heavy tax on it while others do not. It may be good because that means its use is already sanctioned by the government to a certain extent.

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Roberttran
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September 14, 2018, 08:56:19 AM
 #1068

As far as I know, the government can not regulate bitcoin. If they see bitcoins as a threat, they will be able to regulate and regulate the exchange of crypto and currency of that country.
melch100
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September 14, 2018, 08:59:46 AM
 #1069

As far as I know, the government can not regulate bitcoin. If they see bitcoins as a threat, they will be able to regulate and regulate the exchange of crypto and currency of that country.

Well at the same time of regulating the exchanges they already regulating the use of cryptos, same as they regulating it actually. But I think not all countries will do this.

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BlockchainGod
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September 14, 2018, 01:30:42 PM
 #1070

I think for this he will have to lose his key quality-anonymity otherwise he will not be accepted by the government.

sarungmen
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September 14, 2018, 01:40:55 PM
 #1071

of course not, it will reduce the attractiveness of the Cripto currency, the government does need to support bitcoin but make that rule not the authority of the government and not the right action from the government because it will weaken bitcoin itself
bitcoinposts
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September 14, 2018, 01:47:36 PM
 #1072

bitcoin cant be regulated but at the same time bitcoin can come under guidelines from government most of countries are implement self regulated guidelines
franantp
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September 14, 2018, 01:57:48 PM
 #1073

I think it could happen but somehow it will come true. However, we all know that bitcoin is purely decentralized and has no tangible form, even the government sector has not yet legally regulated the system. But now Bitcoin is expected to be increasingly accepted by many people and the country if managed properly.
Lauriel lyh
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September 14, 2018, 02:00:25 PM
 #1074

Bitcoin might go under regulation through people using it. Thorough screening of people who use Bitcoin, to avoid and stop hackers and scammers. Bitcoin itself can not be regulated because it's digital money, it can not be controlled. Transactions are made based on the choices of the people involved.
rochellesagabaen
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September 14, 2018, 02:02:15 PM
 #1075

I think bitcoin is going great however when you consider its direction that is destitute in the term of abuse of bitcoin. I think we require the control in term which makes control the illicit utilization of bitcoin and any strategy which affect the positive control to pick the hoodlums and fear based oppressor who are utilizing bitcoin as installment cash.
dvmd lionel
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September 14, 2018, 02:07:12 PM
 #1076

Actually yes, every country have there own terms and rules that implemented. In order to let crypto currency move in to their perspective area they should do some regulation so that they can manage well but not the entire system of bitcoin. It is just good to apply for their country.
matej451
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September 14, 2018, 02:16:25 PM
 #1077

Bitcoin must stay away from governments and regulate itself. As soon as there will be regulation crypto will loose the charm and become just another wall street. World does not need another wall street it needs self regulated coin transfer.

The only regulation BTC and ETH needs is to hide assets of each address to community. In spreading crypto sooner or later asset will need to become private. Lots of new coins are coming that are offering exactly this. Privacy of asset and privacy of transferring coins.

Abandon scam exchange. There should be black list of fake scam exchanges and fake scam ico to spread the word to every investor.
DimensionsOfHell
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September 14, 2018, 02:38:34 PM
 #1078

Unequivocally, each state in the future will be able to control the Crypto currency.
MonaLeeTracy
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September 14, 2018, 02:54:55 PM
 #1079

bitcoin cant be regulated but at the same time bitcoin can come under guidelines from government most of countries are implement self regulated guidelines

bitcoin cannot be regulated by any government. because bitcoin has already been dealt with immediately, so there is no interference from the government, it's just that the government has the right to give regulations that make fields for bitcoin.
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September 14, 2018, 03:18:26 PM
 #1080

do not know for sure because currently there are only issues of government issues regarding bitcoin regulations and to date there is no regulatory requirement in my country
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