Jahmal32
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September 14, 2018, 08:58:57 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 ?
So it is true, many are afraid of shadow turnover, and many blame cryptocurrency, perhaps this is a good reason, and the only one. I'm thinking of regulating just for this reason, but then again, doesn't that break the essence of bitcoin? He should be free! And can or can not-of course they can! After all, in our world ruled by several organizations and one of them the government, so to prohibit, control, include taxes on bitcoin and the like is to be expected if bitcoin falls under the regulation! |
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Addywealth
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September 14, 2018, 09:01:11 PM |
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Am of the opinion that bitcoin should be regulated even though regulation would affect the logic behind the decentralized blockchain system nevertheless, it regulations would aid the general acceptance and credibility of using bitcoin in any part of the world. Cyber crime, terrorism and crime usage of bitcoin would become minimal or eradicated
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gilbert056
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September 14, 2018, 09:31:46 PM |
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in our country they are regulating bitcoin i do support them for that because its for the betterment of bitcoin in our country instead of banning bitcoin atleast we are free to use bitcoin even if they charge tax on exchanging bitcoin to fiat currency still its ok because the main good thing is we can still contnue use bitcoin and earn more for more years
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deus030518
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September 14, 2018, 09:35:32 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 we still continue to promote and say good words about it I think the government will regulate the bitcoin and if they see that bitcoin is not a gamble it may happen. But if there are still who are saying negative about the bitcoin then the government will not accept it to be regulate we will have a difficulty to let the government to regulate it. |
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nauredok
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September 14, 2018, 09:38:32 PM |
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In general, institutional antipathy towards cryptocurrencies can be felt in almost every country. Multiple warnings have been issued against their use, many officials have declared that they are illegal.Though the ETF as of this moment did not approve BTC well maybe it could be in the near future. There are some time for it to happen and maybe not for now.
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ljane
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September 14, 2018, 09:38:46 PM |
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Bitcoin was created or in a decentralized nature. There is no way BTC can come under regulation except maybe they are taken from the decentralized from to a more centralized nature and thats where it can be regulated.
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I’m me
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bright4mech
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September 14, 2018, 10:30:02 PM |
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Every thing has a limitation here on earth are band by rules and regulations, applicable for bitcoin, on Crypto industrial where are every transaction are transparent to each transaction made.
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Menawi12
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September 15, 2018, 12:29:19 AM |
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In general, institutional antipathy towards cryptocurrencies can be felt in almost every country. Multiple warnings have been issued against their use, many officials have declared that they are illegal.Though the ETF as of this moment did not approve BTC well maybe it could be in the near future. There are some time for it to happen and maybe not for now.
Indeed, its hard for government to regulate bitcoin at this moment. Most government prefer using their own currency because they can control it. Government and central banks hard to regualate bitcoin because bitcoin is decentralized and they can control the supply |
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tokenabu
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September 15, 2018, 01:07:55 AM |
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I think it will be harmful if Bitcoin is fully regulated by governments. We will lose its decentralization and the price may be controlled by someone / a government. Moreover, I am afraid that there is a bad interest can impair the Bitcoin existence. So, I strongly disagree if it is regulated by governments.
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mornabo
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September 15, 2018, 01:18:35 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 ?
if we still continue to promote and say good words about it I think the government will regulate the bitcoin and if they see that bitcoin is not a gamble it may happen. But if there are still who are saying negative about the bitcoin then the government will not accept it to be regulate we will have a difficulty to let the government to regulate it. Whatever the current conditions, sooner or later the government will definitely make regulations for bitcoin, they will not be able to stop the development of bitcoin, and what they can do is work together so that users can be controlled so as not to harm the country later |
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BTCFLOW07
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September 15, 2018, 01:57:13 AM |
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I don't surmise that any administration can manage bitcoin alone, on the grounds that they can't control Internet.
Just some sort of control on the world level is conceivable, yet I question it will happen soon.
Governments can control pay from bitcoin and cryptographic forms of money when you choose to trade your btc assets to the fiat cash.
In the most nations, I trust, you will have ti report it and settle regulatory obligation.
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knggtrrz
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September 15, 2018, 03:06:43 AM |
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I will not agree if Bitcoin will be regulated because this will become centralized coun and can be controlled by government.This would affect the market price value on Bitcoin.
Well but there is a high chance that bitcoin can be regulated in some countries, actually it is happening right now and this may affect the use of bitcoin most specially the price of it. |
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wolfdragon
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September 15, 2018, 03:19:28 AM |
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I think it will be harmful if Bitcoin is fully regulated by governments. We will lose its decentralization and the price may be controlled by someone / a government. Moreover, I am afraid that there is a bad interest can impair the Bitcoin existence. So, I strongly disagree if it is regulated by governments.
Yes, there can be risks and become harmful to bitcoin once countries regulated it as there will be limit in investments and possible paying taxes for using bitcoin. |
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ronsaldo
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September 15, 2018, 03:30:31 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 ?
Governments pretend that regulations are about consumer protection but their first priority is to help their industry become successful and they come to an idea of making their own crypto/s. yet most regulations are about policing customers by investigating customers. not supporting customers. if governments cared about protecting customers. then they would not push for regulatory licences. |
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DaddyMonsi
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September 15, 2018, 03:33:23 AM |
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It will be regulated but people will find ways to get Bitcoin in any possible way they can without being noticed. Just like other items that is regulated by the Government, people still finds a way to sneak it in their country and it will not be a surprise if those who will help in selling Bitcoins underground will be those who are in power too.
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Tunapress
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September 15, 2018, 03:34:07 AM |
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Bitcoin is a billion dollar worth of money and such amount is huge enough to create an impact to a country's economy. Therefore if bitcoin could create such impact any misuse or loses due to hacking or scams could be a disaster to someone's economy while maybe good to the other! So I think maybe regulation could get in the way.
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CaVO32
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September 15, 2018, 03:37:46 AM |
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Bitcoin is a billion dollar worth of money and such amount is huge enough to create an impact to a country's economy. Therefore if bitcoin could create such impact any misuse or loses due to hacking or scams could be a disaster to someone's economy while maybe good to the other! So I think maybe regulation could get in the way.
you have a point on that statement. but, regulating bitcoin means the original purpose of creating this crypto is nullified. also, corrupt countries will find another way to milk crypto users. that's bad news for crypto owners. better leave the crypto world unregulated. i guess. |
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dlouulmusthofa
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September 15, 2018, 04:11:40 AM |
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i think government can't regulate bitcoin because bitcoin is made to system which decentralized and working with peer-to-peer, so no one can regulate bitcoin
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Noloveatthistime
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September 15, 2018, 04:30:04 AM |
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I think that at the present moment or in the future, Bitcoin will not be controlled by the government or banks. Because the nature of Bitcoin is indestructible or no one can change their value.
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Pattart
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September 15, 2018, 04:49:41 AM |
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I think it will be harmful if Bitcoin is fully regulated by governments. We will lose its decentralization and the price may be controlled by someone / a government. Moreover, I am afraid that there is a bad interest can impair the Bitcoin existence. So, I strongly disagree if it is regulated by governments.
Yes, there can be risks and become harmful to bitcoin once countries regulated it as there will be limit in investments and possible paying taxes for using bitcoin. Nope, actually we will not lose decentralization, until whenever bitcoin will use the blockchain system and the nature of bitcoin like decentralization and anonymity will still exist. the different only exchanges that request verification of data due to government obligations. after all you can convert bitcoin to fiat don't have to use exchange site right? |
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