Bitcoin must be regulated!

[skisport92]

what are you going to do if he's going to govern? the whole market is tied to speculation, and we make money on it

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[LOVEUMUM]

For simple and short buddy no single individual can regulate bitcoin. Many have tried but remains fruitless. No matter what happens the supply and demand of bitcoin will vindicate its regulation and nothings else.

[medussa]

Regulating bitcoin makes no sense to me, there is nothing to be regulated, transactions are initiated by individual, does not need a body to confirm it, generating new bitcoins are also done independently

[medussa]

I believe bitcoin can not be regulated because nobody can control it. Bitcoin is decentralized cryptocurrency. If it is regulated then it lost its basic core principle.

we do not need another centrally controlled entity as fiats, bitcoin is meant to provide alternative means of payment, peer-to-peer,without borders

[delightme]

All outside trade courses through banks or money houses, Once the stream of fiat to crypto and the other way around is overwhelmingly through trades, it will be less demanding to battle illegal conduct and guarantee assess is paid. Notwithstanding, for that the happen we first need banks to open records for trades.

[ExpediteStyle201]

Before answring this question I must say you should learn about bitcoin and blockchain system and I believe after that you can not say this any more.

[Leadership58]

Yes, I also think so, because without regulation the illegal use and scamming can never be stop and we will always become harmful.

[GabrielBrandon]

There are a lot of advantages and also disadvantages too if bitcoin go under regulation and the worst part is if it become regulated then government can imposed tax on it.

[Vickyrichy]

This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

I feel sad you feel this way. I believe you should some time to do some research on bitcoin and cryptocurrency as whole. The basic ideology behind bitcoin and cryptocurrencies is decentralization. Please a little research will help you understand cryptocurrency.

[Sarastiche]

Regulations is the hallmark that add value to individual and organization, I believe for Bitcoin to retain  it's value and standard regulations will tend to give trust for more investors to come into the community and reduce scammers in the space.

[Elerntta]

I understand that your intentions are good, but unfortunately or fortunately, bitcoin regulation is impossible. It goes against his idea.

[WebTera]

Bitcoin regulation will simply kill its uniqueness. It was because of his independence from anything that people took him so passionately. This is the key to his success.

[bitvelk]

It seems to me that bitcoin will be able to actively and safely exist without regulation. Because the national audit office will lead to a lot of problems for the technology itself and for investors.

[melallgarant2015]

be sure

[Nanacoin]

Errrrrrrrm you have a point. I think if bitcoin and its activities can be monitored and regulated, there will be little to no issue of fraud, theft, scams and the other illegal activities that are related to the currency

[Tramle091296]

I think your not fully educated on the bitcoin because of the kinds of words what you said.  dont be the one whos investing bitcoin because of the highest current price. try to research something and give your self knowledge. ang you should learn that bitcoin is so simple. Any body cant own all of the bitcoins and be right behind it. and Anybody cant control it that what bitcoin is.

[chaoscoinz]

The regulations will happen, it was never a matter of "if", but "when". The market isn't necessarily a black one, but it's not necessarily an official one either. This is where regulators come in. Hopefully, without impeding innovation, a compromise will be made between parliament and crypto, one that guides investors safely without being too overbearing.
    I think blockchain is the future, it is in high demand. Of the market is to ever be a fair one, without major price manipulation, then some bit of regulation is neccessary. Think about how a vaccine works, they usually put a little bit of the ailment into it, in which they seek to cure. When injected, the body adapts and forms natural antibodies to the disease.
     A little bit of regulation is good for the entire body of the crypto scene. We need just enough to build up a strong compliant foundation, because too little of it will result in chaos and too much of it will result in anarchy.

[Iceblast]

I think your not fully educated on the bitcoin because of the kinds of words what you said.  dont be the one whos investing bitcoin because of the highest current price. try to research something and give your self knowledge. ang you should learn that bitcoin is so simple. Any body cant own all of the bitcoins and be right behind it. and Anybody cant control it that what bitcoin is.

I agree that if anyone can't control bitcoin, bitcoin is simple but to be able to see bitcoin has a good effect it is necessary to do research and rules. I see if to manage bitcoin it still can't be maximized and there is no specific body or regulation for bitcoin.

[PlusOne88]

You really don't have to worry that much. It is far from happening. While it is true that it might end up with no value it all but the utility gives always gives it. So for as long as it is used it will always stay with a value. It is even possible thay any exchange within a country may even buy bitcoin and used it as a payment method and set their own prices for its usage separately from the rest of the world for as long as the blockchain will still be working and that there will still be users to utilize it such that the exchanges still gains from it.  It is not now yet so don't worry.

[taguig]

You are very disappointed on Bitcoin that you want it regulated, Bitcoin was created a decentralized cryptocurrency, something that you missed, you should go back to reading more on Bitcoin and cryptocurrency, we cannot have it totally regulated it will ruin its decentralization system