More Regulations For Cryptocurrency?

[minhlee95]

If the cryptocurrency will develop with the same great pace and will be implemented in the world, the government will definitely take some action in order to regulate it, at least partially. But I think that this will not prevent the development of the currency.

[bitvelk]

Yes, the regulation of bitcoin by the government will slightly change it, but it will give it the official right to be used in every country in the world. Therefore, the control of the authorities is not so bad for the development of bitcoin.

[Bugatti73]

I think that it would be more regulations and it would be that way.
Many people losts their money becouse of no regulation.

[SubstantialLynx6]

the only thing you need to keep in mind is that you should not confuse regulations with restrictions.

[cryptoDowoo]

I think it's good for more regulations for crypto currency. but it might be used for wrong purpose

[lillyann]

Unfortunately, without regulation, no government will legalize BTC. The problem is that it would kill the entire cryptocurrency. It would be a disaster.

[bloodyvio]

Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?

regulation is important
but the government should regulate exchange, not crypto
exchange is the center of conversion activity into fiat currency
and it must be regulated because money laundering can occur in exchange

[ojotoyo10]

We will see more regulations no matter the Bitcoin and no matter its market. It's already taking place slowly. It's up to us to accept it or reject it and raise our voice. Making a currency has no use if in the end it is regulated. Basically, Bitcoin was created to get back some privacy and to be free from governments and banks

In my opinion regulation is also very important because a country will definitely make regulations regarding the use and trading of crypto assets such as bitcoin, the goal is clear so that people can use it correctly and follow the procedures set by the government.

[Nanbaka]

as i can see, for governments like venezuela which placed cryptocurrency as one of their most daring investment even blocking several bitcoins used in venezuela there will be more and more nations and banks that will regulate cryptocurrencies

[jerrison]

I think if the government fully have control over crypto currency then crypto currency will loose their identity as a decentralization project. However, few regulations would be good, like imposing tax on it. People will consider it legalized and the demand for it will increase more further.

cryptocurrency was not initially designed to have any form of regulations or any kind of influence as it is the norms of the conventional currencies and the banks. i think the blockchain technology will not be the same if the regulations or sanctions or any form of tax is implemented but then you can not effect the tax system in the blockchain technology

[letecia012]

Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?

Crypto regulation would be good for crypto investors as these may protect investors welfare to be away from scammed or manipulation of crypto trading.

[Noloveatthistime]

I think, with the new rules on Cryptocurrency, it's likely that they will not have too much influence on their value. But it is possible that government regulations will affect those who own Cryptocurrency. Maybe in the future they will have to pay taxes for owning them.

[xabre]

Bitcoin do not needed regulation about their price, give alone for bitcoin have price it self, many prediction could know how much bitcoin price years by years. we can give regulation for bitcoin by government, how to get profit if have regulation for bitcoin price ?

[imsotiredofmoviereboots]

I totally agree with you and I believed this will happen when mass adoption has arrived globally. More users means more complications. And then another complication is the transactions each and every country. Each regulation will certainly different that could happen like USA would be lenient while China would be very strict.

[HashimotoreReika]

in my country. they don't accept bitcoin. they think it is not real market. and it's price don't following with any thing. like money go up and down base on gold

[kakade]

Yes, it may be a lot more rules that limit Cryptocurrency and this hindered the growth of the market price. The U.S. Government has already banned the use of my Bitcoin so many people hesitate to invest in crypto. But I believe that Crypto will continue to undergo development.

[Colan Zolo]

Crypto regulations can sometimes hamper market growth, but this can be well controlled. I think if the government makes regulations about crypto it will certainly be difficult to find the holder, so the government will not have much time for this.

[Ucy]

Bitcoin is already regulated by Rules– Computer algorithm with Community's supervision unless you want a Centralized regulation–Govt type regulation?

If government regulates Bitcoin it automatically becomes fiat.

Regulation will destroy most important features of Bitcoin,like the decentralization, Censorship resistance, permissionless, and immutablity,

 Corruption will takeover.

Even Printing Bitcoin out of thin air may become possible.


But I am convinced Bitcoin cannot be regulated.

* The way out for a clever government is to create "rival coin, gives it the value/appearance of Bitcoin and slowly replacing Bitcoin with it on Centralized platforms.
* Or the total control of the Internet.

[AliMan]

Bitcoin is already regulated by Rules– Computer algorithm with Community's supervision unless you want a Centralized regulation–Govt type regulation?

If government regulates Bitcoin it automatically becomes fiat.

Regulation will destroy most important features of Bitcoin,like the decentralization, Censorship resistance, permissionless, and immutablity,

 Corruption will takeover.

Even Printing Bitcoin out of thin air may become possible.


But I am convinced Bitcoin cannot be regulated.

* The way out for a clever government is to create "rival coin, gives it the value/appearance of Bitcoin and slowly replacing Bitcoin with it on Centralized platforms.
* Or the total control of the Internet.

I think it impossible to have regulation for cryptocurrency but if there have then surely the scam crypto will be lessen so that the remaining will be the good one. But since  most of cryptocurrency are decentralized so nobody can't be regulated it. The best way we can do is to be prepare for whatever its price whether its higher or lower because crypto is unstable, if there are can regulate it then possible its value will have improvement.

[East2011]

Yes there will be more regulations that will come in the future. And if this regulations will make cryptocurrency better then so be it.