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Author Topic: Will bitcoin go under regulation  (Read 211082 times)
Moblie_Legend
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June 07, 2018, 12:52:35 PM
 #181

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 true that the government and the state financial institutions are afraid of it at least they regulate or monitor bitcoin
TheClownSong
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June 07, 2018, 01:03:33 PM
 #182

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 ?

Maybe government will not regulate bitcoin for payment but i am believe that government will issuing regulation about crypto trading. Government want to earn taxes and that will require regulation to collect tax

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wave1002012
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June 07, 2018, 01:11:12 PM
 #183

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 ?

this is really an excellent idea is to regulate bitcoin so the government get involved that can really help us to solved any problem that we maybe we encounter in our investment.
Polly.Nochka
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June 07, 2018, 01:20:24 PM
 #184

I believe that the government can regulate the cryptocurrency. They have more opportunities than the people. BUT, the main advantage of bitcoin is still decentralization, and if this is so, then the world will change to a better side for us. It's hard to believe, but ... Wink
judemarco1996
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June 07, 2018, 01:50:29 PM
 #185

Everything are possible to happen in bitcoin including but not limited on the possibilities of being regulated and be centralize. Remember national currency was once started as a not controlled currency circulated in the market. Since, bitcoin is still young in this generation there are a lot possibilities that may happen to bitcoin for improvement and development.
1goldhunter001980
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June 07, 2018, 01:55:09 PM
 #186

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 ?

Yes and this is the best thing that government should do is to regulate bitcoin and this may help big to many people protect their bitcoin investment and to minimize fluctuation made by some bad investors.
dimonstration
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June 07, 2018, 01:59:41 PM
 #187

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 true that the government and the state financial institutions are afraid of it at least they regulate or monitor bitcoin
well agree on it that is why even that government know about the bitcoin they cant actually make some move to regulated it cause they know the consequences and the negative feedback for them if they let this happen.

Selapesek
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June 07, 2018, 02:08:34 PM
 #188

I do not think bitcoin can be governed by the government. because bitcoin is the digital currency and the world of bitcoin cryptocurrency is quite famous, and until now no one can set the bitcoin. if until the government can control the bitcoin it is a threat they can arbitrarily set and will certainly be a lot of contrary to those who believe in bitcoin. that's not very good
Caladonian
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June 07, 2018, 02:09:04 PM
 #189

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.
Bitcoin users and supporters should stand out to this position, its needed to continue being decentralized and not being control by any government, though we can deny the fact that the law will try its best to have regulations but in the sense of being totally decentralized should still be kept as it is the true intentions of this project, being used by most people without any interfere coming from financial institutions.
ArnoldChippy
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June 07, 2018, 11:30:32 PM
 #190

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
Government can only legalize and regularize bitcoin, but it does not mean that they can control and centralize it, bitcoin is a decentralize currency and will remain as decentralize forever and will never lost its originality. Bitcoin is going to be use throughout the world as single currency having the same value everywhere.

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Nicholas Ferreiraa
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June 08, 2018, 10:37:25 AM
 #191

The government doesn't consider Bitcoin as a threat to their economy. They're afraid that fraud, scams, and illegal activities will rise due to Bitcoin. So I think there is a likelihood that they'll get cryptocurrency banned instead of trying to regulating it. And that's what actually happens in my country.
A Fahriz Thiago
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June 08, 2018, 07:29:20 PM
 #192

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 ?
In my opinion, the government for now can not regulate the world of bitcoin and cryptocurrency. Because bitcoin itself is not or created by the government, but in the future it could be the government set about bitcoin.

Vart4varta
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June 08, 2018, 07:42:22 PM
 #193

I think in the near future we will see the first achievements. But I would like to include the society in the discussion of bills on cryptographic currencies. Because first of all, the socio-economic impact of digital money should be considered, and then - technological or financial.
jikurpa
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June 08, 2018, 07:52:41 PM
 #194

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 ?
may be completely regulated impossible only certain restrictions such as in my country bitcoin is forbidden to make transactions but the government still allows bitcoin to be in the very influential access may be bitcoin prices if there is regulation from the government
PAKYU
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June 08, 2018, 08:24:12 PM
 #195

if they try we are going to the moon actually guys. people love the thing which governments try to pressure against it.
microbb8
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June 08, 2018, 08:29:54 PM
 #196

Either there will be a regulation of the crypto currency. Or bitcoin will not become an official payment advice.

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Obolo
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June 08, 2018, 09:17:36 PM
 #197

I see trying to regulate bitcoin is more or less like trying to extract all the salt from the sea. This is will be something very difficult than a government can bear. Bitcoin might be posing threat to the various banks across the globe but per what I read sometime ago, bitcoin is strictly independent of the central bank and this will make regulating it very difficult. Again, for bitcoin regulation by government to be a success, I think the internet should be dead. In this 21st century, there is no way we can live without the internet, hence bitcoin regulation by government won't be possible.

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June 09, 2018, 02:20:07 AM
 #198

If Bitcoin and its users accept KYC, they will not be able to have large numbers as they are now, the number will drop dramatically.
BlackPanda
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June 09, 2018, 02:23:41 AM
 #199

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 should be possible. When the government seriously responds to issues surrounding cryptocurrency then the government can do so. bitcoin regulation is necessary because then Bitcoin and cryptocurrency can develop better. Besides that it will also make the market crypto stability. There will be no major manipulation that can affect the price, it's all because everything related to crypto has been regulated by a regulation that has been agreed upon by all.
tawi_exxel
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June 09, 2018, 02:44:25 AM
 #200

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 should be possible. When the government seriously responds to issues surrounding cryptocurrency then the government can do so. bitcoin regulation is necessary because then Bitcoin and cryptocurrency can develop better. Besides that it will also make the market crypto stability. There will be no major manipulation that can affect the price, it's all because everything related to crypto has been regulated by a regulation that has been agreed upon by all.
I agree with you
because with bitcoin set with a good system it will make bitcoin more orderly because I know bitcoin will be skewed because bitcoin transactions in some countries are vulnerable to fraud and investor insecurity investing when all this is set then bitcoin will be the world economic solution.
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