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Author Topic: Will bitcoin go under regulation  (Read 211082 times)
PelevaVika
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July 09, 2018, 08:21:27 PM
 #541

If bitcoin starts to be regulated, then this will kill him. Because then it will cease to be different from the usual national currency.
Suffoc8
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July 09, 2018, 08:26:24 PM
 #542

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 they ban bitcoin and othercryptocurrency because they rhink that bitcoin can be a cause to much bigger issues such as bitcoin can be used online and it is hard for the government to trace it like buying illegal products or any illegal stuff.

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JPage
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July 10, 2018, 12:07:21 PM
 #543

If this happens so, I think, btc might loss the feature of decentralization. But since so many issues are going on that is unexpected, I think btc should go under regulation.


I don't agree with you because I think that regulation in some countries only bubble for people. Government's are using bitcoin only for personal features.
franciscoDC
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July 10, 2018, 12:12:03 PM
 #544

I think as long as many government will focus on it,and they see that they could put regulation on it, and if this thing will let happen ,i`m sure that they are using it to put tax from the user of it ,by collecting from the branches who accepted bitcoin.

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Raja_Salman
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July 10, 2018, 12:20:25 PM
 #545

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 possible to regulate that it can not be done absolutely and completely, perhaps monitoring or supervising all that is related to the cryptocurrency itself
JPage
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July 11, 2018, 12:43:36 PM
 #546

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.

It will be very good for us. But I think it can be real only in a few years. Still many countries are blocking cryptocurrency because they want to have some profit in their pockets.
petubtc
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July 11, 2018, 02:45:39 PM
 #547

Bitcoin being regulated will be against its principles of being decentralized. It probably will be regulated even if governments are still trying to find way to control it.
Yucco
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July 11, 2018, 02:50:11 PM
 #548

If this happens so, I think, btc might loss the feature of decentralization. But since so many issues are going on that is unexpected, I think btc should go under regulation.


I don't agree with you because I think that regulation in some countries only bubble for people. Government's are using bitcoin only for personal features.
Despite this regulation is necessary because this will prevent investors from losing fraud from the organizers of fake projects. But regulation should be moderate. Only in this case will normal conditions be created for the development of the crypto-global ecosystem throughout the world.
makenoise
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July 14, 2018, 09:49:08 AM
 #549

Networks become centralized and if governments fail to see bitcoin as an economic threat. The government has laws to keep fiat in play. If you are American, you still have to pay American taxes in US dollars. in the short term unless the minimum wage. The reason for the rule is to earn more income through licenses but most of the rules are on customer tracking. Regulation and consumer protection are two separate things but bankers never get slapped
prediction on bush
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July 14, 2018, 10:11:24 AM
 #550

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 ?



Will bitcoin go under the regulation? i think that is not a good idea because we all bitcoin is decentralized it means no one can control even the government if bitcoin will regulate many bitcoin user will disagree.
PM.coins
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July 14, 2018, 10:42:30 AM
 #551

in my opinion, it's hard to happen. government in a country can only prohibit, it does not mean it can regulate bitcoin.
 I think it is very clear that it can not.
semutracing
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July 14, 2018, 11:46:07 AM
 #552

do you think that blockchain technology can be governed by the government? Of course not, this technology will not be governed by the government If I do not think it is possible, it is only a threat to the government
Ucy
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July 14, 2018, 11:53:16 AM
 #553

How exactly do you want to regulate Bitcoin? Make rules in secrecy with a bunch of puppets and sneak in more puppets to enforce such rules and run Bitcoin?
Why are human governments so obsessed with power and control?  They do not regulate the Ocean current, Sunshine and Rainfall, yet they work.  If these things were regulated by us, I'd bet that our enemies's cities would be drown in Oceans, deprived of Sunshine or flooded with Rain water.
The Ocean, Sunshine and Rainfall serve the weak, strong, good, bad, small, big, free, slaves, wicked, kind hearted, murders, thieves, liars, etc So why not Bitcoin?  Things were left this way for a reason.



Quote
Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system  

Why do they see Crypto and Bitcoin as threat? Does Cryptocurrency threaten anyone with violence or something?
If Bitcoin and Cryptocurrency are threat to the financial systems,  it probably means such financial systems are inferior to Bitcoin. They need to be upgraded not to be constantly screaming that Bitcoin is a threat.
The most important thing is that most people are able to use and survive on Cryptocurrency.
sheryl26
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July 14, 2018, 12:24:26 PM
 #554

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 spite of this control is important in light of the fact that this will keep speculators from losing misrepresentation from the coordinators of phony activities. Be that as it may, direction ought to be direct. Just for this situation will typical conditions be made for the advancement of the crypto-worldwide biological system all through the world.
lamthanh3462342
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July 14, 2018, 12:25:55 PM
 #555

If the government accepts the bitcoin and wants to adjust it as prescribed, can it become a legal currency? If this is the case then many bitcoin investors will be very beneficial, the law issued by the state will make the bitcoin less risky and may promote the bitcoin to grow stronger.
adjong
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July 14, 2018, 01:02:13 PM
 #556

for me it does not necessarily affect the bitcoin regulation if you just follow it well, as many bitcoins that are hard-headed do not comply with bitcoin regulations so they complain about regulation.
Sheentaide
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July 18, 2018, 02:54:37 AM
 #557

The government issued bans on Bitcoin trading. Bankers are prohibited from paying or dealing with Bitcoin. You can't ban human beings from participating. it will likely be very difficult for the authorities to put Bitcoin into their guidelines.
Qeupe
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July 18, 2018, 03:16:43 AM
 #558

I think for now not, because as far as I know the bitcoin system is the same as the internet, it can be used by anyone without any set entities. imagine if internet usage can be taxed, then certainly innovation will not grow rapidly, just like bitcoin, everyone can have it without any interference from the government, that's the goal Satoshi make Bitcoin. global currencies that are immune from government regulation.
Forgive if my opinion is wrong, everyone has their own opinion.
tubig123
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July 18, 2018, 03:18:16 AM
 #559

For me it is a good idea bitcoin under go regulation because for the benefits of members and government can earn into a legally position if the rules will be implemented the scammers will fear to allow if there is a rules.
bubblebubble
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July 18, 2018, 05:37:15 AM
 #560

A lot of States want to regulate it. I guess it will be happen in next future because it is urgent for each investor
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