Will bitcoin go under regulation

[jademaxsuy]

No the main reason why government will regulate cryptocurrency especially in the USA is that the possibilities that cryptocurrency will be used as a means on doing illegal transactions. And that is why USA is so strict on implementing KYC on the ICO that are registered in their country or those people that will buy tokens or coins especially if it involves huge amount of money.

[Chicryptomama]

Any government can decide to regulate bitcoin in their countries, attempts have been made yet even with this uncertain crypto space as of now hasnt stopped or deterred the volume of trading on bitcoin markets..However, regulatory decisions will definitely affect bitcoins price either positively or negatively,one isnt sure the direction it might go

[Abete]

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, I think the government sees crypto and bitcoin is a state financial threat, so far no single government wants to synergize with bitcoin. I think this is just a matter of those who are not yet willing to sit down one table to find the solution.

[GeorgiyBilyk]

Nobody in the world views the crypto market and bitcoin as a threat to the world system! all politicians and states are worried about the appearance of new scam projects! and worry about the appearance of new coin scams! Now a very large number of bad coins are divorced all over the world! even exchanges began to clean their sites from these coins! every day and in every state I read new news, every day there are new laws governing the crypto world! the state wants to protect its residents from losing money! I am sure that we need regulation, after regulation, very large investments will enter the market! a lot of investors want to enter this market but are very concerned about losing money! and if you enter big money, then everything will start to grow in price! and everyone will be happy with the overall growth!

[putrii]

it seems that it will not happen because if there is a regulation about bitcoin circulation and bitcoin use then bitcoin has failed to make the mission from the creation of bitcoin, bitcoin should never be controlled by anyone even government.

[freetokens]

governments can form guidelines but regulation system won't work in decentralized network-centric currency like bitcoin

[arya123210]

I do not think cryptocurrency has nothing to do with their currency why cryptocurrency should be threatened in my opinion it is the government's mistake in managing the country so cryptocurrency no problem with their currency

[Muspion]

I think we need regulation in the long run that makes the control of illegal use of bitcoin and any technique that affects positive controls for choosing thieves and terrorists who use bitcoin as payment money because I think bitcoin goes well but when you think about the rules it requires in misuse of bitcoin

[jtrapirap]

Well, this issue has been always been asked since the moment of the rise of the bitcoin and other cryptocurreny because of the threat it offers to banking and traditional financial system may end up due to rapid growth and advancement of e-commerce and monetary capability bitcoin and other altcoins can offer. The benefits that it can give such as being decentralized, anonymity, fast and secure transactions is the reason why most big businesses and individual shifts to crypto usage. Well, i guess regulatory bodies maybe formulated by the government to assess ICOs and crypto project considering how rampant scam and fraud projects are nowadays. At the moment, if someone get scammed by a certain project in crypto, he may find himself helpless since no regulatory body can assist his problem.

[JavaScriptlk]

Right now governments have made it fall under the regulated asset, which is the major cause for the price to be fluctuating within limited price range without further pumping. Some governments view bitcoin as a threat to them financially but other countries with advance economies see bitcoin as another source of tax.

[ipanks]

I think maybe in the future, there is any regulation from the government to control bitcoin although they cannot do full control of bitcoin. maybe the government will make a regulation for the tax of bitcoin user so the government knows the circle of bitcoin in the real life or the government will know who is the owner of bitcoin in their cities.

[tikanima]

The rules can adjust the price of the BTC, you understand the problem here is not the key to a certain performance, the rule of management of the use of Bitcoin as a means of trading can be used. In addition to the official currency held in that country, but for the value of Bitcoin, no rule can regulate it.

[cheezcarls]

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 honestly don't think Bitcoin will be subjected to regulation, because their technology is superb when it comes to low fees in remittances and is a great store of value. On top of that, it is decentralized as the government and banks cannot control or stop it. I would rather be in favor of regulating ICOs than Bitcoin. There's nothing they can do to stop Bitcoin from unleashing its true potential. Cheers!

[Lubang Bawah]

If someday bitcoin users have reached at least 15% it will make the country forced to make regulations, if the use of bitcoin continues to increase and the government does not make the regulation it can make fiat disappear.

[popelene1]

It will one day be regulated, if you listen to news, you will see the news update of all crypto currency news talking about government regulating it...

[Akenosi]

This is sure that it will happen one day to make the use of blockchain reach much percent of people in the world, regulations will step up the game...

[jonhsongotti]

Bitcoin is getting more and more practical applications with blockchain technology. I believe in the future of bitcoin. The more countries that accept btc and allow it to use it.
Just having the right policy to manage btc and promoting its values, the bans disappear

[Btcnaivie]

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 ?

Cryptocurrencies are built partly to avoid the threat of regulation. They’re decentralised, so that there’s no central power for governments to clamp down on; trades are largely anonymous, meaning that it’s difficult to find out who’s actually doing them, so it’s difficult to introduce individual restrictions too.

But there are lots of reasons to think people would abide by restrictions if they were put in place. Not everyone would, of course; but not everyone abides by any law. For one, people do tend to avoid breaking the law. It’s possible, of course, to avoid the eyes of the law with traditional, fiat money – that’s why cash-in-hand work still happens. But most people do pay tax on what they earn, even if they could get away with not doing.

[KID_28]

Yes for sure. The government of each countries has no way of blocking cryptocurrency on their countries, the least they can do is to allow crypto to be established in each country and regulate it.

[Andrew S]

Bitcoin was created as an independent currency with its degree of protection and circumvention from the state.  Therefore, the state sees a threat in the crypto currency, but they can not stop it and try to adjust it for themselves.