Will bitcoin go under regulation

[jonloner011]

Based on this questions the answer is yes many govt. are concern about crypto currency because of this real currency is in thread based on this the govt. of many country banned BTC from their country after this people are using this so they wants to regulate btc because the number of crime happening based on crypto currency.

[addeqt]

It could, and probably most of crypto will be watch over by the government. As of now there are several countries that start to draft regulations regarding the electronic payment system run by crypto. It seems to me that government is still resisting the change but they are not saying a big no to the technology. There could be a bunch of legal researchers that are currently debating those rules and policies. But if bitcoin could be controlled by the government I think Satoshi will not be proud of it.

[Direwolve735]

I believe that it is not necessary to hurry to regulate bitcoin without a full understanding of technologies in a more general way, in terms of their impact on innovation, competition and regulation. Given the experimental nature of blockchain technologiy, the application of which is still largely unknown, regulation should be carefully designed to avoid the future of these suppressions of these innovations.

[bitcoinVPSD]

Impossible. The government can not adjust the value of bitcoin. They can not change anything about bitcoin. But they can ban people in their country not from using bitcoin for payment. And this has a very bad influence on bitcoin

[MUSFIKAR]

Yes I do not think that any government can manage Bitcoin itself, because they can not control the Internet. Only a few rules on the world level are possible, but I doubt it will happen soon. The government can control the revenue from Bitcoin and the kriptocurancy currency at any time. You decide to exchange your Bitcoin funds with paper money. The government always sees Bitcoin as a threat to the global financial system, so that's why they will not stop until they manage it.

[elkafee79]

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 think It is a good ways to control bitcoin, but I think it is difficult. Bitcoin is blockchain technology.

[leviathon]

Eventually Bitcoin is going to be regulated no matter how hard everyone tries. The governments aren't going to let a soon to be trillion dollar market unregulated. Also some regulation is needed to keep a fear in the minds of scammers and hackers otherwise they are going to run free and target innocent people while there will be no one to prosecute them.

[jovs]

Bitcoin will only have a full scale implementation of regulation when the government want to hold or to have an access with the transaciton of bitcoin. It could give an extra security for our transaction but regulation could also set a rule on taxation for government to earn on the transaction users could make through the used of crpytocurrency. It might affect bitcoin on a positive way, yet it could also give negative impact to the system of bitcoin.

[dragontigear]

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 ?

it is better if the government will regulate cryptocurrency so they can control and monitor its movement to lessen people of being panic due to huge fluctuation.

[orarider]

This is not true. Bitcoin will not follow the rules. Fluctuations are characteristic of bitcoin. Bitcoin price based on buyer demand. If bitcoin goes according to the rules then it will die.

[Kavee]

At the moment bitcoins are not government regulated. Cryptos have very little regulation towards them which leads to call them as decentralized platforms.

[Aroma92]

Yes, I think if the governments of the countries want, they can directly or indirectly affect bitcoin, and therefore make it dependent on the authorities.

[Aztek]

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 ?

As its goes under the government i think it will under go in a regulation but i dont imagine how the government is going to do this because in our country it is legal but also the government do not totally embraced bitcon and cryptocurrency as it is and its uses because still a lot of development needed also a lot of people are reported getting scan n this platform so it is also a issue in the government so i guess they will make a way to relgulate it.

[collision00]

I don't believe that any legislature can direct bitcoin alone, in light of the fact that they can't control Internet.Only some sort of control on the world level is conceivable, however I question it will happen soon.Governments can control pay from bitcoin and cryptographic forms of money when you choose to trade your btc assets to the fiat cash. In the most nations, I trust, you will have ti report it and pay impose.

[Bonsaiav]

Technically, bitcoin cannot be regulated by anyone including the government, because basically bitcoin operates naturally, that's based on supply and demand. But we all need to know, every official who works at central government agencies, they have a prerogative that can regulate everything, as has happened in China, South Korea and India.

[cryptodreem]

Yes many govt. take decisions for btc also many country accepted btc for trading based on this many crimes are happening based on crypto currency so govt. also gives some rules and regulations for their citizens safety based on this some govt. also expose tax on btc but I don’t think they can control btc.

[Yarsk]

Well even with the fact that bitcoin among all other crypto currencies is difficult to be control nor regulate due to it high decentralization but with the KYC software other crypto coins can be regulated in some ways but that of bitcoin is difficult to regulate.

[Vivif]

For now, I say Government cannot be regulated Bitcoin. too hasty if the government set the bitcoin and would misstep if they did not know about bitcoin and blockchain. Regarding the potential and usefulness of bitcoin can be a very important thing for the government, therefore for now only a few laws in some countries about Bitcoin. not an easy thing to be able to make regulations in a country. In today's digital age, the regulation of bitcoin as cryptocurrency is also inevitable to avoid crimes such as terrorism and cybercrime. But in the future, Bitcoin will have regulation.

[poplolnman]

yes indeed, many countries whose governments see the crypto as a threat to the sovereignty of state finances, but if the government wants to implement a system to control crypto or bitcoin, the government must first legalize crypto in that country, so the government can implement a system to control the crypto.

There's nothing called controlling crypto , it won't happened , ever.
Regulation just regulation , those people who love it would obey and do what regulation says , the rest of it would remain the same just like before these regulation issues popping up nowadays , just have no idea who still think that regulation would kill Bitcoin , it's a bit exaggerated .

[SAYDAKHMETOV]

I think initially bitcoin was created in such a way that it was not regulated. The market should regulate its price and all