Bitcoin must be regulated!

[altercreed]

News about people being scammed through cryptos is almost everywhere and as bitcoin become increasingly famous and utilized by most people, governments are also alarmed as they know the potential of bitcoin and its effect to the their economic status and regulating it may somehow alleviate the scam projects around.

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[Sanu Simon]

In a research made by an university it is mentioned about the need of regulation for the success of cryptocurrency. To me, regulation leads bitcoin to be under control. This means there will be governments or other authorities that try to manipulate the market according to their necessity making it worse.

[Cryptoville247]

I don't want to support the regulation of Bitcoin. It is better it remains unregulated and decentralized. I would prefer ICOs regulation instead of Bitcoin regulation.

[adadaorlina]

Regulation and government interference is certainly the biggest challenge facing cryptocurrency today. Personally, I'm totally support of regulation of Bitcoin because Regulation is a good thing for bitcoin and will increase adoption. 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.

[billygarrison]

don't think negatively about bitcoin lol ...! Mr. Satoshi makes bitcoin for digital money and not for investment, and I hope you understand what I think.

[Hiru941126]

The basic principle from the invention of Bitcoin is its decentralized feature. It is bad if we wish to destroy its fundamentals.

[South Park]

I call BULL. If bitcoin is regulated, what happens to the freedom of being your "own bank" or the pseudo-anonimity that it offers? All of it will be taken away fron the community. Much better if the regulate centralized exchanges. Those folks do some shady stuffs that needed to be addressed.

True, but many people are not here for the philosophical aspects of bitcoin, they only care about the money and that is why they want bitcoin to become nothing more than another form of fiat, we must resist those desires to change bitcoin to something that is not because if you think that things are bad right now I am sure that once that bitcoin becomes widely adopted things are going to get even worse.

[princeyeboah]

Bitcoin undergoing regulation can only mean onething, thus shifting from a decentralized mode to a centralized mode. The governments are in for just the power behind Bitcoin and once they are allowed to regulate it, Bitcoin will be manipulated to suit their own gains.

[oni4an]

Are you sure you got the cryptocurrency? It is impossible to control Bitcoin, manage it and regulate it. You need to be patient because Bitcoin will grow in any case. Just wait a little.

[Crypto11021]

Hmmmm, it seems this dude don't understand what Bitcoin is and the solution it tends to proffer to the world, I always tell people to understand the concept of Bitcoin and blockchain before jumping into Bitcoin, I guess you are just looking the Bitcoin price and thought you can make quick buck outa it, it doesn't work that way you need to go and read Bitcoin whitepaper.

[vin22]

Hmm.  You might be right but come to think of it what ever you do today always have a disadvantages because  if government come to regulate the price of BTC it will be at the disadvantages of the investors.  They will choose how and when the price will rise and rhwThe limit in which it can only reach with this the dead of it will be in the corner.. So for me I don't think it is a good idea to do that.

[robertsu]

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

If bitcoin to  start a regulate, what will be a difference Bitcoin of usually currencies? The blockchain? Maybe but then anonymity will be a  lost. Are you ready to sacrifice it? For me freedom have a highest value.

[teamspike911]

Lol. And what is the general meaning of bitcoin then? This is his main advantage. It turns out that you can do just digital state money ... why is bitcoin for this.

[Winkletoss]

To be able to control it would be good but It will always mainly be controlled by itself. The whole point of this.

[maksimukr1989]

I think the invented technology is hardly created only to milking investors.In fact, its goals are much higher and cleaner

[Jackolantern]

I think that btc is the best coin and it doesn't require any kind of regulation. to my mind, it is better to use btc because it is the best coin ever and you will be able to regulate it only if the government decides to do this

[teejayrichard2]

you right, bitcoin must be regulated if we truly want bitcoin to stand firm. the reason why so many countries still kick against the use of bitcoin is because it is not being regulated and so makes it prone to manipulation but i believe once it is regulated, we will see investors openly troop in

[goldSkylark]

you right, bitcoin must be regulated if we truly want bitcoin to stand firm. the reason why so many countries still kick against the use of bitcoin is because it is not being regulated and so makes it prone to manipulation but i believe once it is regulated, we will see investors openly troop in

Regulation will not only help increase confidence in bitcoin as an investment, but more importantly, as a digital currency. If people started to trust bitcoin more, we could all start using it until it replaces fiat. What do you think?

[rafi035]

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.

government cooperation with bitcoin is very much needed if the government monitors or regulates bitcoin makes it easy to invest and the development of bitcoin why not

[BLAST2MARS]

I know that the time will come and that thing that you wish will happen my friend. There are so much scammers and online investments and only regulation will make a drastic change to that. There are also criminals on the darkweb that I'm so disgusted that uses crypto to do their evil deeds.