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Author Topic: Will bitcoin go under regulation  (Read 211082 times)
cryptolet
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June 07, 2018, 06:18:53 AM
 #161

To me i will say that it cannot be regulated as a digital currency but it can be regulatd in terms of exchanges where people go to exchange their bitcoin into fait currency.
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June 07, 2018, 08:50:19 AM
 #162

This is one of the reasons of some countries why they choose to ban bitcoin on their land it is because bitcoin can’t be regulated. Some country says that if bitcoin will allow there government to regulate it they will allow also the existence of bitcoin on their land. But the question is that, is bitcoin really need to be regulated by some organization like the government? If i will be ask for the kind of question I will strongly say that NO it must not go under regulation by those organization. It is because if they will go under that regulation surely the process flow of bitcoin will change or i can rather say that this will be just like a new bitcoin.
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June 07, 2018, 08:59:23 AM
 #163

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 what you are discussing is a misnomer, because bitcoin will not be possible to set. but if there is any regulation in the crypto trade, ico project, I strongly agree, for the prevention of useless ico projects even that are alleged at the scam level.

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suraza21
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June 07, 2018, 09:13:18 AM
 #164

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 ?
If the government accepts bitcoin and they come up with legal frameworks to manage bitcoins as well as other currencies to make bitcoins more stable then I think bitcoin should follow that governmental and legal regulations. the law
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June 07, 2018, 09:32:59 AM
 #165

The CFTC identified bitcoin as a commodity and announced that under bitcoin trading involves fraud and fraud, and now bitcoins fall under the regulation of commodity futures. The CFTC authorized CME and CBOE to launch bitcoin futures. The Commission also approved a platform for trading and clearing derivatives for LedgerX, LLC.
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June 07, 2018, 09:45:45 AM
 #166

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 ?
indeed if the development of bitcoin can not be suspended and more and more investors I think will adversely affect the financial institution of the government is indeed if with the regulation to make the price of bitcoin will become controlled
Axelseseclevz
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June 07, 2018, 10:03:29 AM
 #167

I believe that,the aim of the bitcoin is to help people around the world. Government regulation with bitcoin,i think it will be happened. On that time,the government and bitcoin will a have a mutual understanding,towards a better future.

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June 07, 2018, 10:10:12 AM
 #168

bitcoin can not be set by government or country. they can not make rules. but they can prevent or restrict bitcoin users. with users following government rules .. so activities on bitcoin can be monitored. and between fiat currency and Bitcoin can run together.
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June 07, 2018, 10:58:18 AM
 #169

for me, if bitcoin under rule will require some stages for setting rules, because it is not as easy as turning the palm of the hand.
dillema018
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June 07, 2018, 11:04:19 AM
 #170

No, I do not think the government can completely stop the use of bitcoin, because it is global and not only used by one country alone, perhaps if the governments of the whole world can cooperate and form an institution that regulates it may be possible
There is no chance that bitcoin will go under a regulation,  bitcoin is a community not a single organization , no country will control bitcoin or prevent it from being used by people who are in crypto.
costanos02
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June 07, 2018, 11:13:16 AM
 #171

Government cannot control bitcoin, government did is to take some restrictions, but if the government take regulations on bitcoin, that means they allow bitcoin in there country and all they have to do is to build some regulation so that government may earn from it and for security purposes.
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June 07, 2018, 11:27:00 AM
 #172

Countries and their governments dont touch bitcoin and other crypro till they dont have big problems with it.

I dont know if there will be some problems, but i am sure, it will be great fight in future : freedom vs regulation.
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June 07, 2018, 11:30:33 AM
 #173

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 believe they have power to regulate bitcoin.
No, I do not think the government can completely stop the use of bitcoin, because it is global and not only used by one country alone, perhaps if the governments of the whole world can cooperate and form an institution that regulates it may be possible
There is no chance that bitcoin will go under a regulation,  bitcoin is a community not a single organization , no country will control bitcoin or prevent it from being used by people who are in crypto.
yes bitcoin seems cant be regulated buto believe goverment will make ridiculous regulation that regulate the buyer or like china who ban cryptocurrency. I  do think it has big impact to community and to market even tough they cant stop bitcoin but it does affect market somehow.

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June 07, 2018, 11:33:41 AM
 #174

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 ?

So far no tone country fully regulated Bitcoin, the resistance is great, and people should continue to resist this, Bitcoin is meant to be decentralized with no government intervention whatsoever if they succeed then the true nature of cryptocurrency will be lost.

pasti kaya
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June 07, 2018, 11:42:03 AM
 #175

if viewed at this time only issue issues about bitcoin regulations, there is still no government determination to date, maybe they are difficult to do.
CryptoBeefy
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June 07, 2018, 11:43:18 AM
 #176

It's a threat to the government and they are trying to regulate it in areas of the world and I see it being more regulated in the future. The up side of that would lead to less scam startups.
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June 07, 2018, 11:57:14 AM
 #177

I think in Indonesia  too will be regularised soon but still I am  not sure whether  they do  or not.

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June 07, 2018, 11:59:41 AM
 #178

Bitcoin is already regulated in countries where you can have and use bitcoins. At least, exchanges will have to follow KYC and AML procedures. They will have to pass customer information to the authorities. All these regulations are for the protection of consumers, says the governments. But regulations are used for tax purposes.

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June 07, 2018, 12:25:10 PM
 #179

I think it will not go under regulation because the characteristics of cryptocurrency of being decentralized is to prevent itself from its identity to be reveal as cryptos, And one thing bitcoin is design not to be regulated by any institution, especially the government of the land, bitcoin has its own way of business , that have also secrecy and unexpose to the public.

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June 07, 2018, 12:47:15 PM
 #180

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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