Bitcoin community does not make sense

[enhu]

Bitcoin users wants the ETF approval for the bullrun time, I think that's just one of the purpose. But even its its approved and regulated, Bitcoin won't be controlled and the government knew that whcih is why this might just be denied again. There are crypto currencies however that they could control like the XRP. One crypto being recognized by the government and banks will bring most of the cryptocurrencies in the spotlight for regular investors from other markets. It does make sense to me.

[gaurav82]

Yes, you are right. I think Bitcoin is doing work in this way that government allow it. Some good news has come but I think that's not enough. It is taking the time but I think in future it will get success.

[catchandeat]

Everywhere I look I read about how the bitcoin community wants more clear regulation from governments ...

Offer that people a legal taxation on their cryptocurrency saves and they'll vanish forever from your sight

[centurionlaw]

Bitcoin community is still waiting when governments accept bitcoin but still many countries are confused what they do regulate or ban cryptocurrencies.
but governments can't control it because bitcoin is decentralized currency if they will try to ban than first need to ban internet so better option is they need to accept cryptocurrency still peoples are using crypto without any barriers.

[IndigoRed]

The bitcoin community is becoming too focused on their earnings. What I’d really like to happen is people to see bitcoin as more than just as an asset or investment and start using it as a virtual currency –which is the reason bitcoin was designed in the first place, right? I feel like we’re not doing bitcoin any justice right now by panicking over price fluctuations.

[x xurtjati]

it is true that every community finds them too selfish but some people think that with their community they can be frequent or learn together and this is often the case and it is unfortunate sometimes that even if the community has many communities they don't believe if they are a community and this It needs to be reviewed that many communities have worked hard to develop bitcoin.

[pooya87]

regulations doesn't have to be a bad thing but it doesn't mean it is always good either.
regulation can actually help the growth of bitcoin if done correctly. for instance Japanese regulations helped the adoption of bitcoin in their country which was a good thing. many people and businesses that are already regulated wouldn't want to enter something that is not. and that effectively means the market stays small and that leads to high volatility and manipulation as we have been seeing so far.
regulations in a way can help the market expand and bring in more investors, we can see much more solid exchanges with a lot more users and packed order books and as a result a much lower volatility and near zero manipulation.

but at the same time regulations can be restrictive and damaging. for example unreasonable taxes, rules for licenses to operate,.... can also be discouraging for businesses to adopt bitcoin. so in a way it depends on which country and what rules.

[Zidanetribal]

It's true that bitcoin can change a person's life, if the government stops it there will be a lot of hatred from the community itself, as it hurts some investors in the crypto.

I think they will choose hurts some investors than let them creates the risk for the government.

[Juggy777]

You have completely misunderstood it, when we cheer regulations are in place a part of us dies inside but then we look at the bigger picture, we look at Bitcoins survival. We can't be like the dinosaurs who became extinct, times have changed we need to adapt if all countries were to ban it bitcoins would be a memory and that's not all we want, so stop cribbing and understand what's for the stake it's the survival.

[Odlanyer]

Until now some government in their community is not accepting bitcoin because not everyone agree that Cryptocurrency related regulations. Because bitcoin will change our life sooner.