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Author Topic: Will bitcoin go under regulation  (Read 211082 times)
crossabdd
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August 23, 2018, 04:23:48 AM
 #881

no, and today has proven, 9 bitcoin proposals have been rejected. so bitcoin won't run under government regulations. because Bitcoin has its own way. How Bitcoin will run on government regulations, while Bitcoin itself has no rules. so Bitcoin will still run alone on the rail. if bitcoin is under the government, then it will not be decentralized.
Otsu
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August 23, 2018, 04:37:11 AM
 #882

There is a tendency that it could be happen since bitcoin now are being acknowledged by some businessmen around the world and most of the feedbacks and reviews from the people especially in social medias are positive. Although it's hard to tell for now because of the current situation in the market but probably in the near future it will be regulated.
pelipurlara
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August 23, 2018, 04:46:57 AM
 #883

the possibility of regulating bitcoin can indeed happen, but only applies in their countries that have legalized this crypto currency, and bitcoin is not a threat from their country's financial system
pahomovat
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August 23, 2018, 04:50:03 AM
 #884

Individual countries are coming up with their own regulations but there cannot be an overall regulation.
doodle07
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August 23, 2018, 05:03:51 AM
 #885

It is possible that bitcoin will go under the government regulation because the use of it is slowly spreading. Bitcoin will surely not the same anymore because it will become centralized because it is being regulated by government but no matter what it will be, it is much better to regulate it than to ban it, bitcoin will surely be globally use as a currency at the same time as an investment.

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TiceOwil
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August 23, 2018, 05:24:26 AM
 #886

I will say two things quickly. It should happen. It will happen. Take for example, most of the countries that banned cryptocurrency really did it because of lack of understanding. Most don't really understand the currency and how it works. And if this is the case, it also means they can't regulate it. I don't know of any government in the world that will permit an innovation that they cannot control, especially when it is related to finances. At the start, when few people are using the currency, it can be left unregulated. But as it becomes more widespread, the government will either ban it or regulate it. So, it's one of the two.
mejalipat
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August 23, 2018, 06:13:38 AM
 #887

I think, the government can't regulate bitcoin because bitcoin is a digital currency that cannot be regulated by anyone, but the government will definitely continue to find ways to regulate bitcoin
boksoon
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August 23, 2018, 06:43:38 AM
 #888

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 ?


Regulation to bitcoin is a proper way to operate for the entire module of bitcoin that's why many government wanting to regulate this because if we are all operated in our selves how gonna happen to the poor people uneducated that really  needs the help of the government?  Bitcoin is like a cash money in terms of public service to helping to people by collecting taxes from merchandise or any king of goods. that is also to bitcoin if ever it is a primary use it needs to have a good regulation for whatever deductible taxes in every transaction.

If bitcoin is continuously operated without proper regulation many poor people around doesn't benefited the good service of bitcoin.
Joriecoinbit
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August 23, 2018, 10:03:29 AM
 #889

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 ?


Regulation to bitcoin is a proper way to operate for the entire module of bitcoin that's why many government wanting to regulate this because if we are all operated in our selves how gonna happen to the poor people uneducated that really  needs the help of the government?  Bitcoin is like a cash money in terms of public service to helping to people by collecting taxes from merchandise or any king of goods. that is also to bitcoin if ever it is a primary use it needs to have a good regulation for whatever deductible taxes in every transaction.

If bitcoin is continuously operated without proper regulation many poor people around doesn't benefited the good service of bitcoin.

In my opinion, the Government has the power to regulate bitcoin. In fact, the Government regulates bitcoin transactions in the Philippines. They regulate bitcoin transactions to avoid money laundering and fraud. They do that for the sake of their fellowmen who's into bitcoin.
MTNAX
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August 23, 2018, 10:28:36 AM
 #890

Maybe if bitcoin under bitcoin government regulations will be more stringent and not as it used to be, but even though regulated by the government, bitcoin will be better than banned by the government. In my opinion even though bitcoin is regulated at least we can still use it and make a profit, so it won't matter even if the government regulates it.
BrianDCampbell343
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August 23, 2018, 10:36:39 AM
 #891

I think there should be a general rule for Bitcoin, which will increase the legality of Bitcoin while adding stability contributes Bitcoin to become a popular currency.
Yadamosan
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August 23, 2018, 10:44:46 AM
 #892

I think in this time maybe not because they can't really regulate bitcoin because there will be an argument when they're going to do that because many people doesn't want the regulation of the government because of the corruption but when time goes by, i think it will happen because they can't stop government when governments wants that to be happen and I'm hoping that will not be happen just think about when there's a corruption inside this crypto world.
Kentkent
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August 23, 2018, 11:08:36 AM
 #893

I do no longer assume that any authorities can manipulate its own bitcoin, due to the fact they cannot manage the internet with so much homework finished. however the authorities can manipulate the profits from bitcoin and crypto foreign money while making a decision to alternate your btc budget with paper cash.
tungaqhd
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August 23, 2018, 11:12:20 AM
 #894

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 bitcoin will not go under any regulation especially the government's rules because it was made to be like this (except some rules from developers).
DavidDWatkins44
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August 23, 2018, 11:14:46 AM
 #895

Bitcoins and virtual currencies have properties that have never existed before. Despite its advantages and disadvantages, but with the trend of industrial revolution 4.0, virtual currency increasingly popular, spread and penetrate into countries around the world. Therefore, the issue of virtual currency management is an urgent issue, to protect the stability of the economy, as well as the interests of the parties involved.
Ronaldcoin2017
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August 23, 2018, 11:19:59 AM
 #896

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 bitcoin will not go under any regulation especially the government's rules because it was made to be like this (except some rules from developers).
Yes I agree on that, o also believe that bitcoin will not go under regulation. There is no company or maybe institution that holds btc. We cannot directly say that it will become under regulation because bitcoin is always bitcoin and if it will be regulated it can maybe change or maybe it has a direct effect on the price.
DavidGBoydq232
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August 23, 2018, 11:46:11 AM
 #897

Along with the development of science and technology, especially crypto technology, bitcoin and altcoin will be increasingly popular. Therefore, governments should have a clear view of this currency, which in turn has a policy of effective management, in accordance with objective practical requirements.
euronine897
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August 23, 2018, 11:58:18 AM
 #898

I doubt that will happen and I doubt the world will go that far to do that specially for a currency that they really like to see destroyed so will they really consider regulating Bitcoin to give Bitcoin a more legit and accepted place in the world I don't think that will happen     
EdwardARiley109
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August 23, 2018, 12:20:26 PM
 #899

The government can not go against practical requirements, prohibiting the use of Bitcoin. So, it is possible to accept and manage bitcoins as well as other virtual currencies as a kind of "virtual property"
brolekset
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August 23, 2018, 01:02:03 PM
 #900

This would undoubtedly be to collect taxes but would be made under the guise of protecting consumers. That is just a sign that brings it closer to the exchange regulations.I think the world government or the world financial institution can manage bitcoin. Bitcoin is increasingly accepted by many people and nation if it is well managed.
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