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Author Topic: Will bitcoin go under regulation  (Read 211082 times)
Coinnosaurus
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June 24, 2018, 08:10:20 PM
 #341

I think btc and other cryptocurrencies would be legalized. Will see how long it will take for this changes
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Ascredo
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June 24, 2018, 08:11:00 PM
 #342

I feel it would be more comfortable if bitcoin stays like this, everything is done privately and does not involve any party including the government. because if bitcoins are under regulation, there are definitely strict rules, including rules on outward transactions. and also the taxes levied must be great.
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June 24, 2018, 09:00:32 PM
 #343



Let's get down to earth, Bitcoin's singularity and authenticity come from being decentralized. This feature of bitcoin has disturbed governments as they lose control upon transactions; that is one of the main reasons that make many governments take serious procedures towards regulating Bitcoin. Bitcoin is structured to be free not confined; therefore, I think government may not be able to regulate entirely.



Phinoy
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June 24, 2018, 09:17:33 PM
 #344

of course the government can set cryptocurrency or bitcoin. I think this should be set.

In did bitcoin is go under the deflation because if it's not no have bitcoin this time but as we see it's getting higher and have big name in the market having a big name in the market play's a big roll in the market and also governments know this alraedy that's why i can say is it's been under the regulation.
judejude
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June 25, 2018, 02:14:27 AM
 #345

maybe they can make a regulation for bitcoin in their country but i think its not complete in all aarea of their country, No central authority can regulate and control it.
Rebisco
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June 25, 2018, 02:39:33 AM
 #346

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 ?
There are many regulations that the government implementing in my country. The law makers created many regulations because they want to protect their citizens from using cryptocurrencies.
hatha way
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June 25, 2018, 02:40:21 AM
 #347

In order for the cryptocurrencies to succeed they need to be regulated. Governments will see the benefits of aml bitcoin and it will be part of the economies.
BeGoods
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June 25, 2018, 02:54:13 AM
 #348

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 ?
There are many regulations that the government implementing in my country. The law makers created many regulations because they want to protect their citizens from using cryptocurrencies.
What are they protecting for? because I don't find a clear reason why they are banning bitcoins? threat to local currency? I think no, people know which their major currencies? Of course fiat. I hope the government can start consciously to give the rules on bitcoin, for the common good...
treatWy
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June 25, 2018, 02:57:22 AM
 #349

In terms of regulating bitcoin inside the the country boundary yes but not absolutely all the system of bitcoin core for it is not centralized but decentralized.

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aileenc
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June 25, 2018, 03:35:41 AM
 #350

Any country can regulate bitcoin in their country, but they cannot control their people from dealing with bitcoin.
petihewa
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June 25, 2018, 03:37:37 AM
 #351

Different countries are coming up with some regulations in relation to taxes on crypto earnings. Overall regulation is impossible in my opinion.
krixi
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June 26, 2018, 03:44:07 AM
 #352

Everything about this you should think of everything, it still follows the established rules of this market, Exist and develop at the right time.
kotulo
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June 26, 2018, 09:04:40 AM
 #353

The rules will make Bitcoin more obscure
The government will issue regulations on cryptographic transactions. But the main advantage of bitcoin is still decentralization, and if that is so, the world will change into a better side for us.
mix max
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June 26, 2018, 09:12:44 AM
 #354

Of course the government can regulate bitcoin, bitcoin can be very under government regulations, for example in circulation. Or if bitcoin is limited to assets and commodities like investing in stocks, bitcoins need to be under state regulation because it seems like it will be good for the country and all parties.
imrul5
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June 26, 2018, 09:13:14 AM
 #355

From my point of view, it’s not possible to regulate a universal currency. No one countries can control bitcoin. But one thing they could do is giving some specific instruction to all the people. So that anyone who buys and sell bitcoin must follow them.
wolffy0216
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June 26, 2018, 09:22:23 AM
 #356

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 ?
There are many regulations that the government implementing in my country. The law makers created many regulations because they want to protect their citizens from using cryptocurrencies.
What are they protecting for? because I don't find a clear reason why they are banning bitcoins? threat to local currency? I think no, people know which their major currencies? Of course fiat. I hope the government can start consciously to give the rules on bitcoin, for the common good...

Maybe goverments are just protecting their countries from illegal use of bitcoin, as we all know many of bad people are using bitcoin as their medium to transfer illegal money.

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nieninja53
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June 26, 2018, 09:50:06 AM
 #357

Blockchain technology is great and enough that make the best option to run the bitcoin without any regulations, Blockchain technology is so great and It makes you able to work with the best and best technology in this world and you have no need any regulation it makes you easy free and comfortable,

bubblebubble
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June 26, 2018, 10:02:31 AM
 #358

I hope it will happen soon to avoid unuseful FUD and spread bitcoin use opportunities.
Btcmaeng18
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June 26, 2018, 10:33:10 AM
 #359

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 don't think so but it is impossible that government can regulate bitcoin because bitcoin works alone and no people operated.
demonist
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June 26, 2018, 10:55:04 AM
 #360

 Initially bitcoin was created in such a way that it was not regulated. The market should regulate its price and all. But let's see what will happen next.
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