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Author Topic: Will bitcoin go under regulation  (Read 211082 times)
Osakrita
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August 01, 2018, 07:29:38 PM
 #661

Regulating bitcoin may be difficult by governments, strict rules will even make it worse to as people will just find alternative ways to transact in cryptos away from the prying eyes of government
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Osakrita
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August 01, 2018, 07:33:29 PM
 #662

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 ?

They should regulate Bitcoin to prevent money laundering. Decentralized doesn't always mean ignoring safety because of its anonymous system. Honestly, I don't think Bitcoin should be treated as a threat because its influence to financial system is not really that strong and worrying. Centralized financial system is too big to fight. Instead of thinking Bitcoin as a threat, why don't we offer its blockchain technology for them to adapt? I believe products generated by traditional financial system and blockchain combined can make a better financial world efficient, easier, and even cheaper.
Money laundering, drugs deals, terrorism, illicit trade , tax evasions etc are always the false argument against bitcoins. The sad thing is that these only speak of the bad sides and never see the amazing opportunities bitcoin offers
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August 01, 2018, 07:33:53 PM
 #663

Well I have said this before bitcoin is highly sufiscated to the point of not being able to be control by any person or institution of government not to even talk of it going under any regulations, cryptocurrency is design with it unique ability of being highly decentralized and at that it become hard for it to be regulated.
NeMa94
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August 01, 2018, 07:39:46 PM
 #664

Many will try to regulate it, that's for sure, but I'm not sure they will manage to do it actualy. The whole point of cryptocurrencies is not to be regulated by any state institution. Still, they will not rest to until they tax the hell out of this whole story since it is profitable to all regular people and not available to them at that level.
Vionaa
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August 01, 2018, 07:40:12 PM
 #665

in my opinion it might be possible for some countries to implement regulations for bitcoin, but it might be very difficult if all countries are under regulation for bitcoin. see technological developments every country is different and also many people who do not know bitcoin. i think when bitcoin will recognize the whole world then bitcoin comes under government regulation.
mensahkkofie
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August 01, 2018, 08:57:24 PM
 #666

The time is not far from now when cryptocurrency will be accepted by almost everyone in the world. In the near future, an era would come when bitcoin will be partially be regulated. Almost everything is regulated by some set of rules hence it would not  be surprising when some regulations are implemented
FOUAD1994
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August 01, 2018, 08:59:31 PM
 #667

no i doàn't think sow, because bitcoin can't be controlled by somene or an organisation , so difetnly no
Mazda17
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August 02, 2018, 12:12:01 PM
 #668

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 ?
Thinking like you who I like to hear because in every thought people and government are different, so if you find a problem, it needs to be discussed directly. If you ask for my opinion, I think bitcoin to get global accreditation some regulations have been applied by different governments. The government always sees bitcoin as having a threat to the global financial system, so because they will not stop until they succeed in managing it.
Harrisonimo
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August 02, 2018, 12:20:15 PM
 #669

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 don't they can come in to fully regulate the cryptocurrency markets as this will be forfeiting the decentralization power of the cryptocurrency markets. As much as I do not subscribe to the abuse of pumps and dumps if the markets, I do feel some levels of regulations be put in place to keep the bitcoin itself into a safe check.
joy99
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August 02, 2018, 12:23:07 PM
 #670

Bitcoin going under regulation is good for me because it will raise the trust level of people to invest in it. The more investors see that regulators are interested in bitcoin, the more they invest in it.

Service thread below

https://bitcointalk.org/index.php?topic=5162299.msg51726822#msg51726822
emath7
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August 02, 2018, 12:28:14 PM
 #671

   Bitcoin is unique technology and revolution. I believe, Bitcoin will does lasting impact at World. Goverments must more producer and have solution. They are waiting now. This is wrong.
agiskasep
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August 02, 2018, 12:31:27 PM
 #672

This is bad for goverment and they are trying to regulate it in different regions of the world, and I see that it will be more regulated in the future. The increase in this moment will reduce the number of new attacks.
Happy Fun
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August 02, 2018, 12:45:08 PM
 #673

Manage bitcoin? I think not. Bitcoin is currency who has own rules and it's not have physich form but digital. The price isn't stable can going up and down drastic anytime. which become my question is was what is bitcoin will be legal in future by all countries? what's your opinion? Smiley
Undermood
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August 02, 2018, 01:13:01 PM
 #674

I think it's a deal. The economies were already there and the bitcoin was in their midst. This is normal. Country economies do not need bitcoins, but bitcoin needs them. If any regulation is made, I don't think you will be objected.

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ralph_0608
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August 02, 2018, 01:26:03 PM
 #675

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 order to legalized crypto all over the world it need to be regulated so government can control it and may not be used for money laundering and some illegal activities and can minimized market manipulation also. and this is also good for crypto if it is regulated as it may protect investors money againts scam and fraud crypto coins.

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August 02, 2018, 04:27:02 PM
 #676

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 the government must review on this on how they can regulate bitcoin and other cryptocurrency so the people can benefit the regulation and to limit possible fluctuation.
perova93
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August 02, 2018, 04:30:56 PM
 #677

I believe that it remains for us to wait very little, when every government of its state will start issuing laws about the crypto currency.
Ezenwanyi1
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August 02, 2018, 05:22:56 PM
 #678

I think it would be difficult for bitcoin to go under regulation, considering that its decentralized structure.
rolls89
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August 02, 2018, 05:27:49 PM
 #679

Possible maybe.As in many countries the govt has banned banks from supporting Cryptos.But the govt's who regulate it might loose an edge over those who don't
MrRiuss
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August 02, 2018, 06:02:42 PM
 #680

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 they can regulate bitcoin. they can do what ever they want to do, because they are who have the power to govern.
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