Airbuxf
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August 08, 2018, 10:34:38 AM |
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Bitcoin can't be regulated because of it's decentralisation. However centralised exchanges can be regulated by financial institutions and goverments, that's why I think in the near future decentralised exchanges will gain more popularity.
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hawkins
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August 08, 2018, 10:41:58 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 ?
They see it as a threat. I think because central banks must be trusted not to debase the currencies. I mean, we trust banks with our money but in return they somehow manipulate it and steal some of it. well, it could happen. but I see that bitcoin is starting to be accepted by large companies in the world. well, I think it's only a matter of time until the government accepts the development of this technology.
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Chrystora123
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Omicron is another FUD
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August 08, 2018, 10:42:37 AM |
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to be honest, they (the government) will not be able to do that, because Bitcoin is a decentralized cryptocurrency, so I think Bitcoin will be difficult to regulate, but I can't confirm whether in the future Bitcoin will continue to survive because if the government wants to make rules about cryptocurrencies, they must create their own cryptocurrencies...
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Thatsit
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August 08, 2018, 10:57:22 AM |
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I think it is possible to bring control. Because many countries in the world are now using Bitcoin, then those countries are gradually using Bitcoin to create their economic relevance. So in the future, it will be fully controlled, it will be able to be used properly.
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Bumblecoin
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August 08, 2018, 11:02:13 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 ?
The government can control bitcoin or the crypto currency as a whole. And our future is dependent on how our government will take actions on it. I just hope ours will have a positive outlool towards it.
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tyronecoinbit
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August 08, 2018, 11:22:26 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 ?
The government can control bitcoin or the crypto currency as a whole. And our future is dependent on how our government will take actions on it. I just hope ours will have a positive outlool towards it. The Government can't control bitcoin. As we all know, bitcoin is decentralized. No one can control it. But, the Government can regulate its transactions to protect investors and reduce the risk of fraud.
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bjmpoker001
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August 08, 2018, 01:42:46 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 ?
If some country want to legalize bitcoin, the government may regulate it before used by their peoples. Regulation in bitcoin may required because we still use our local fiat currency to liquid bitcoin.
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walemil
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August 08, 2018, 02:21:59 PM |
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Bitcoin regulation will be the decision of the country concerned. What we need to understand is that cryptocurrency has come to stay. It is already gathering support from countries like Germany, Japan, Australia etc. This shows that nothing can eradicate it.
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EEE14
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August 08, 2018, 06:04:30 PM |
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I believe that it would be great if bitcoin is directed legitimately, at that point numerous legislatures all around the globe can't contradict it. They think it is a risk to their money related framework.
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kemonojim
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August 08, 2018, 06:10:45 PM |
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Most governments are afraid of bitcoin because it cannot be controlled, and that is a source of illegal activity, some governments appear to ban bitcoin, as they now need to do more research on how to regulate this kind of innovation.
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Hasbro27
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August 08, 2018, 06:40:13 PM |
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at this time there are many countries that feel threatened with bitcoin so many countries are making regulations for the buying and selling of bitcoin like having to do kyc, to avoid money laundering and also to avoid bitcoin being used for crime.
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rudox
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August 08, 2018, 06:45:09 PM |
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The issue of regulating bitcoin or cryptocurrencies has been in the front burner with the various governments of the world. The government is interested in controlling bitcoin and if they succeed in doing just that then they have gotten their major aim which is destroying of bitcoin. If bitcoin lost its decentralization statues then it is as good as nothing.
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Asmarina Fethawi
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August 09, 2018, 03:20:49 AM |
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This is positive rather than negative
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vagrom
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August 09, 2018, 03:23:25 AM |
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I think BTC is popular with investors because it is not regulated by any country or government which is why many countries regulate it.
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dashcollector
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August 09, 2018, 03:38:10 AM |
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They can just charge more tax on crypto and do nothing else. One of the best tings about crypto is that government does not has much control over it.
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bp.comp69
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August 09, 2018, 03:49:23 AM |
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If peoples who have bitcoins and cryptocurrencies accept the KYC then it will mean that governments will have won.
the government is very worried about Bitcoin, because they think Bitcoin can destroy their economy, so the government wants to make Bitcoin regulations, but I can't or not doubt that.
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inspirone1
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Open and Transparent Science Powered By Blockchain
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August 09, 2018, 08:08:27 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 ?
It will definitely go on there goes because every country will want to put their own laws above Bitcoin. So technically it can be ok but I'm worrying that it will cause us to have all those transaction problems as we have with local currencies.
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tazmannia
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August 09, 2018, 08:45:12 AM |
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I think that the maximum that will be in the state is the issuance of bitcoins on credit. Paying interest people will be Fiat money. Bitcoin will act as an asset that has a certain value of Fiat money. I don't see any other options at the moment.
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Lexurdania
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August 09, 2018, 08:50:27 AM |
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Most governments are afraid of bitcoin because it cannot be controlled, and that is a source of illegal activity, some governments appear to ban bitcoin, as they now need to do more research on how to regulate this kind of innovation.
Indeed government afraid to lose control if bitcoin allowed. But on the other side, government need collect taxes from cryptocurrency trade. We know that cryptocurrency market growing everyday and government must be want to collect that trade taxes. I am believe government will regulate bitcoin and other cryptocurrency because its become more popular and its growing market
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beryziq
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August 09, 2018, 08:58:06 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 ?
I think it's relative, because it is still possible to regulate the use of Bitcoin as like as regulating other financial instruments. But, this is a challenge for policy makers to create efficient solutions without hampering the growth of the business and bitcoin market.
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