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Author Topic: Will bitcoin go under regulation  (Read 211082 times)
arc67583
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September 08, 2018, 03:25:20 AM
 #1021

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 ?

My main concern is not whether Bitcoin will go under regulation in the future but how it will go and what kind of regulations it will have to accept and also the main thing we should consider is will Bitcoin worth to invest and do transactions once it go under regulation because we like Bitcoin due to its decentralized nature and also the flexibility it has given use to do any transactions without a barrier and interruption from governments but if it go under regulations I don't think it will have the same qualities it has right now
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September 08, 2018, 03:30:24 AM
 #1022

if all people agree with bitcoin regulation and makes bitcoin can use in all country in the world i think regulation is good for the future of bitcoin, but we will see that the main features of bitcoin will disappear , anonymously will disappear from the bitcoin features

robin1991
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September 10, 2018, 10:07:17 AM
 #1023

According to me if government Will accept the bitcoin/crypto currency so government will make some rules and regulations of using bitcoin if it is possible than the bitcoin will definately go under the regulation.
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September 11, 2018, 11:01:22 PM
 #1024

Bitcoin will not be controlled by any party in the world, bitcoin will always belong to the person who owns it. That is a form of financial freedom offered by bitcoin to us, so don't worry about things like that.

Absolutely agree with, there are many ways of improving bitcoin with 1st and 2nd layer solutions, but the main network stays the same and won't be changed, it's coded already for years. Bitcoin is forever truly decentralized

oriontab
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September 11, 2018, 11:11:02 PM
 #1025

Most part of the World will regulate bitcoin so that government of such countries can benefit from from it.lets just hope the legislations would cripple innovations and cause centralization
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September 11, 2018, 11:16:56 PM
 #1026

That is right. Bitcoin has much opportunity and advantages, so government should see and apply this. It sounds good if government create regulation about Bitcoin not banning it. I think that many country now prepare to apply bitcoin and they still negotiate with the authority. Hopefully, there will be a good news further.

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Lubang Bawah
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September 11, 2018, 11:26:14 PM
 #1027

With the amount of bitcoin marketcap that has been achieved, it is time for all countries to immediately make regulations about bitcoin, if it does not make regulations then bitcoin will be a place for various illegal transactions.



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lorapalmer
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September 11, 2018, 11:29:31 PM
 #1028

Bitcoin can not be fully regulated as the government will not be able to track the internet and transactions. Nevertheless, the government can set up some regulations, taxes on exchange and benefit from it somehow.

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September 12, 2018, 12:53:29 AM
 #1029

Bitcoin will be subject to regulation - whether we want it or not. The government structures of many countries have now concentrated their efforts on achieving regulation of bitcoin.
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September 12, 2018, 12:56:37 AM
 #1030

That is right. Bitcoin has much opportunity and advantages, so government should see and apply this. It sounds good if government create regulation about Bitcoin not banning it. I think that many country now prepare to apply bitcoin and they still negotiate with the authority. Hopefully, there will be a good news further.

In my opinion I think bitcoin would go under regulation if it comes to the point that it’s been using to any illegal activities or if it cause any harm to its users.  Also whenever the government ask for its control for the betterment of all its  people.

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September 12, 2018, 01:14:38 AM
 #1031

i think no government can control it since cryptos are utilized using the internet and since the internet is a worldwide thing you can't control what is inside that thing, the only way one can control it is to have an accont that has large percentage of ownership in such crypto so that you can mandate whatever happens to that particular crypto
BronstadID
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September 12, 2018, 01:18:55 AM
 #1032

Of course, it will be regulated sooner or later because it'll make many things a lot easier and transparent for the participants.
MoreMoneyHunt
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September 12, 2018, 01:26:04 AM
 #1033

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 ?
Bitcoin is incredible the way it was created and the idea behind the decentralization is a revolutionary one yet the rulers (governments) of our countries are in opposition to it. No one can tell vividly what the future holds for Bitcoin and the entire crypto market.
It is all good when Bitcoin undergoes regulation, perhaps the exchange sites will implement that. This will clear most of the tension created about Bitcoin and draw more investors to it.

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bajingluncat
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September 12, 2018, 01:30:41 AM
 #1034

it could happen if the government feels threatened and many of its citizens use BTC, the government might intervene by issuing rules, as long as it does not burden us as users and does not limit our space, why not? if it is true for the sake of goodness and in order to get legality from the government, I hope this can be a solution so that security in BTC will be better, even though in practice I doubt it can be realized
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September 12, 2018, 01:31:36 AM
 #1035

I don't that the Bitcoin will go under regulation under the control of the governments. There are lots of people here in the crypto currency community that is against to this idea and thoughts that sooner or later the Bitcoin will become under government regulation. Well, there are lots of government that is not legalizing the existence of Bitcoin and any other crypto currencies in their country because it is somehow a threat to them, but I do hope that they will be able to see what the Bitcoin and the whole crypto currency community wants for the people as well as what their citizens really wanted.
bp.comp69
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September 12, 2018, 03:27:04 AM
 #1036

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 better, but yes or no I don't know for sure because the news about that is still a lot of confusion about the truth,
if Bitcoin is under regulation then all the systems will be safe
shainasaz
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September 12, 2018, 04:08:46 AM
 #1037

I think bitcoin will go under regulation of government because it is made by decentralized technology so it can't be controlled by anyone that's why i think it will go even government against this work.

GreenRydia
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September 12, 2018, 08:21:32 AM
 #1038

Governments think that every new thing in the world is a threat to them. I will never understand this. Anyway, governments can do some regulations about BTC or crypto but i don’t know if it changes anything.
budismile
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September 12, 2018, 08:53:21 AM
 #1039

Systematically, bitcoin should be managed with several aspects, this might be possible. but if we look at the phenomenon that exists now Fiat money is more in demand by people, because the Dollar is rising fast.
this is a bad impact for crypto ...
talking about regulating btc, I think it can. Crypto with the government is interrelated, the government itself can provide rules for Bitcoin.
nbausa
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September 12, 2018, 09:09:38 AM
 #1040

Bitcoin is about taking out government, not government control.
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