Vineeta2october
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July 24, 2018, 04:12:32 PM |
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It cannot be regulated. That's the whole point of Bitcoin, to be free from government regulation and manipulation. The value of Bitcoin has surged this high based on this one selling point alone.
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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kasansa
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July 24, 2018, 04:35:17 PM |
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Bitcoin will go under regulation only the countries who have good intentions to rise their citizens life uplift with proper plans of development of the country's welfare as possible as to develop their infrastructural development then surely bitcoin will get it's value this will prevent illegal activities from the people who unknowingly destroy this digital cryptocurrency.
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viewpaker
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July 24, 2018, 04:37:33 PM |
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For sure some countries will regulate bitcoin on their system but the sole purpose of cryptocurrency is to get away to third party and to be decentralizedd exchange from peer to peer exchanges.
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Vickyrichy
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July 24, 2018, 04:47:56 PM |
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Trying to regulating bitcoin is like trying to control the direction of the see waves. It will be very impossible to control bitcoin due to its decentralized nature. The best solve for the government, is to accept this new revolution because no matter how they make bitcoin illegal, people will still use it. All they need is the internet to make their transactions.  |
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Hipag
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July 24, 2018, 04:56:11 PM |
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Before anything else they have to accept first bitcoin, they have to embrace and not to think that is a treat in the economy, it's not impossible to go under regulation.
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Thefrolly
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CryptoTalk.Org - Get Paid for every Post!
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July 24, 2018, 05:27:16 PM |
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The governments aren't looking to regulate Bitcoin but to ban it. But they aren't able to figure out a way to do that due to the decentralized nature of Bitcoin. But today or tomorrow the governments will have to regulate Bitcoin and it will be a bit good too for the industry as it would prevent hackers and scammers from getting away.
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kl8847
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July 24, 2018, 06:17:10 PM |
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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 ?
The government can not really regulate bitcoin, the government can only impose some restrictions and set tax rates. Bitcoin is not a part of the economy of a country, bitcoin also has no institution. Bitcoin is only part of the internet network. |
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nolestiket
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DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
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July 24, 2018, 07:08:17 PM |
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Many investors do not want to buy crypto currency because of the lack of regulation. I do not know how they want to start to regulate the crypto currency, but I think it will have a very good effect on the market.
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Delinquency
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July 24, 2018, 07:09:33 PM |
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That's being wondered by most of people who involved bitcoin universe. Actually bitcoin is mostly under regulation even if we don't want that. We use exchanges, exchanges take our infos, paying taxes to governments and give our infos to them if they are forced to do that. We use similar "localbitcoins" and same thing happens. Long story short, You can run but can't hide, you're under control.  |
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onyebuchi81
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July 24, 2018, 07:18:30 PM |
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i think whats holding bitcoin mass adoption is the lack of institutional investors.and whats holding institutional investors is bitcoin price volutility and and lack of proper regulation.so its a matter of time before govt regulation kicks in as we see in korea,india and other countries couple with the ETF SEC ruling expected in August
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korkor
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July 24, 2018, 09:25:28 PM |
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Bitcoin can never be regulated. Bitcoin is like an open source software everybody has assess to it. Bitcoin is beyond regulation. Regulating it will make bitcoin centralized currency and it was not developed to be a centralized currency. No matter how the government try to regulate bitcoin, they will fail in their actions.
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akosipepot
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July 24, 2018, 09:28:25 PM |
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Bitcoin can never be regulated. Bitcoin is like an open source software everybody has assess to it. Bitcoin is beyond regulation. Regulating it will make bitcoin centralized currency and it was not developed to be a centralized currency. No matter how the government try to regulate bitcoin, they will fail in their actions.
I think there is a great desire to regulate Bitcoin but there are just so many obstacle that makes the task almost impossible. However, I do think there will be some sort of security but not on the whole level. |
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MacStone
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July 24, 2018, 09:38:36 PM |
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It is under regulation on a lot of countries at the moment, so it would not be so weeeird to see it being regulated in some more of them. It is just matter of time at the moment
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veronikadobryx
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July 25, 2018, 10:04:43 AM |
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I believe that the government will not be able to regulate bitcoin even with the greatest desire , the main advantage of bitcoin is that it is decentralized, if it changes that it will not be bitcoin .
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Xester
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July 25, 2018, 10:27:21 AM |
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Bitcoin is already being regulated on some countries around the globe. The regulation being placed on the use of bitcoin are just precautionary measures done by the government to protect the public interests and also to protect the economy from money launderers and other notorious criminals. This regulations being placed to bitcoin are giving people a peace of mind and thus strengthening the foundation of bitcoin in such countries.
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moirasheeran29
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July 25, 2018, 02:29:53 PM |
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I think there's a litttle chance this will happen since bitcion is built on a decetralized system. it was designed to be like that and nobody can break that.
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Sirnero111
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July 25, 2018, 02:42:30 PM |
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Many governments have suggested they could introduce such rules. But it’s still not clear what they’d look like, or how they’d arrive, but it can be regulated if its generally accepted.
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Helex
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July 26, 2018, 03:34:24 AM |
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Yes it is possible to regulate bitcoin and here in india the indian government also plan to make regulation for bitcoin.
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cah ndablek
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July 26, 2018, 05:56:39 AM |
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I think the government can make rules about the existence of this digital currency in the future because with the existence of bitcoin a person's life can be better than before when they try to invest and earn an income every time.That's where the government should actually support it fully from the positive impact cryptocurrency like.
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fndsr
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July 26, 2018, 06:07:18 AM |
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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 ?
of course to monitor and manage the government will certainly be able to do so if the results of all that can benefit investors would be strongly supported by the investors themselves |
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