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Author Topic: Bitcoin Acceptance.  (Read 2399 times)
Capt00
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October 31, 2018, 06:46:07 AM
 #221

Regulation is needed, government still need to take control to all type of economics activity. People will feel safer if Bitcoin is regulated by government, it's mean that indirectly government is agree that bitcoin is safe to use if people follow the regulations. This will make bitcoin acceptance grow among their citizens. But actually bitcoin still can be used even if without government regulation, many people now are thrust to bitcoin.
Yes, the government want to regulate Bitcoin but they don't, that's the reason why some countries haven't other option just to get banned Bitcoin due to that issue that probably used in illegal activities. But, instead directly have regulation in bitcoin they used it in creating a wallet to store Bitcoin which needs a KYC when we convert into cash.
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October 31, 2018, 06:51:49 AM
 #222

The most important feature of Bitcoin or electronic money is decentralized. If you conduct a regular currency transaction, you need third-party verification while Bitcoin is based on a distributed mechanism with community-based authentication. It is difficult to make bitcoin difficult to ignore its nature.
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October 31, 2018, 07:04:59 AM
 #223

If bitcoin want to be accepted as a legal currency , they can lose some decentralized point, I just think that is quite good for the sake of government and users
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October 31, 2018, 07:12:44 AM
 #224

If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?

As for now, there are a lot of countries who already accepted bitcoin as 3rd party financial payment. But still a small of a percent in world bans bitcoin because other people use for doing illegal activities. We are now leaving on digital technology so it obvious every 10 percent of people in whole places in the world knows bitcoin.
In the tremendous evolution of technology there comes this virtual currency that can bring quality of life if used correctly and responsibly. Bitcoin are now already being accepted in all other countries but undeniably a big percentage of people in the world are still unaware of what this technology is all about. It may be known for some of the big countries but it's still not widely-accepted since still there are some restrictions of its functionalities and not all people are well-educated about it. However, it's evident that its demand is increasing, and I'm still hopeful that it can still potentially grow.
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October 31, 2018, 07:20:07 AM
 #225

according to my knowledge in this case it cannot be done because it will violate the main purpose of cryptocurrency where it is not bound, not limited by rules circulating in the voice of the government. Bitcoin will remain like that, there is only me, you did it. Because the existence of a rule to make - bitcoin is banned in some countries.

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October 31, 2018, 07:21:54 AM
 #226

If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?
Actually few countries getting to accept bitcoin and crypto but many countries not now accept bitcoin because they countries government can't believe crypto.they are sharing opinion Bitcoin don't give us legal improvement.im sure this country government big crazy about why they not contorl Bitcoin.So they are already getting some confusion questions about Bitcoin.
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October 31, 2018, 09:38:57 AM
 #227

Bitcoin's acceptance is never been too hard if only all people knows exactly the significance of bitcoin. Sadly, different countries have also different views with regards to bitcoin that is why others accept it, while others refuse to embrace it.

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October 31, 2018, 09:55:26 AM
 #228

Are all countries accepting Bitcoins? If there is cooperation between the cryptocurrency. Probably a good sign.
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October 31, 2018, 11:08:49 AM
 #229

The nature of the majority of the public is very synonymous with new technology and competing with each other to learn it, So acceptance of bitcoin seems to be good every day, because bitcoin is the first digital and decentralized crypto currency in the world to be used as a new exchange tool.
nebiki
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October 31, 2018, 11:19:20 AM
 #230

Are all countries accepting Bitcoins? If there is cooperation between the cryptocurrency. Probably a good sign.
of course not all countries will accept bitcoin directly and to accept bitcoin is not that easy, it requires a very long time and process for all that. and if that happens it might make a country feel helped by accepting bitcoin.

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Peashooter
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October 31, 2018, 12:08:28 PM
 #231

Bitcoin will be an acceptable currency. But first, there are two important issues. First, the Bitcoin transaction speed needs to be improved. It is not practical to make payments quickly. The second is a legal arrangement. In other words, countries should regulate their crypto-money business in a way that is lawful. If these two issues are completed, we can often use crypto coins in the future.
At this moment bitcoin can be used as currency because most of online market started to accept as mode of payment of their costumers. Its true that there are fast transaction in bitcoin and there are low fee once you use it in a transactions.
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October 31, 2018, 12:18:43 PM
 #232



If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?

I think the attitude of mutual need and mutual use is very important because bitcoin is distributed and is very good if they are interconnected and interconnected, making all coins very important and mutually reinforcing each other and like being strengthened with each other
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October 31, 2018, 12:20:37 PM
 #233

Are all countries accepting Bitcoins? If there is cooperation between the cryptocurrency. Probably a good sign.
of course not all countries will accept bitcoin directly and to accept bitcoin is not that easy, it requires a very long time and process for all that. and if that happens it might make a country feel helped by accepting bitcoin.

With the reason that the fluctuations are so wild, there are still many countries that aren't accept bitcoin as a means of payment yet. And because fluctuations are inherent in bitcoin, of course it takes a long process before all countries will recognize it.

sngwinner
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October 31, 2018, 12:22:31 PM
 #234

Personally, i do not know how the regulation will be should there be any. Is it that governments will control all exchanges and tax withdrawals as done with banks???
I do know that with or without regulations, Btc will survive

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October 31, 2018, 01:20:53 PM
 #235

If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?
If Bitcoin is accepted by the government, it is certain that it will have to accept certain laws from the government. This may make Bitcoin lose some of its power. For example, decentralized nature and anonymous transactions. This could help the government manage Bitcoin better. But, if this could make Bitcoin better, I would expect this because I'm not a Bitcoin user with bad intentions.
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October 31, 2018, 01:26:26 PM
 #236

If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?

in my opinion bitcoin must be regulated for now, so that the future class is not speculated that I think is very crazy

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October 31, 2018, 02:00:45 PM
 #237

I don't mind if there are indeed rules that are placed for bitcoin to be accepted from many sectors, because then I'm sure the growth of bitcoin will improve even though there will be massive manipulation by the government to regulate the price of bitcoin. But at least the future of bitcoin will be better with the acceptance of bitcoin throughout the world and there is no resistance to bitcoin.

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October 31, 2018, 02:06:44 PM
 #238

If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?

I think we are slowly beginning to move to that phase mate. I say that because there were many countries that have already announced their acceptance and support of the cryptocurrency market together with some big-named companies and even world organizations, just recently, as what the United Nations did. Incidental to the acceptance that it has been receiving is the move for cryptocurrencies to be regulated through the passage of different laws to safeguard the rights of its users and to protect them against entities that would try to hack or either take advantage of its users and the market since it is a big profit-generating market even despite its downs in the recent months.
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October 31, 2018, 02:09:51 PM
 #239

If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?


it may be set to become a regulation regarding taxes and some regulations that become legal umbrella, but not to be regulated as you imagine especially for its decentralized nature

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October 31, 2018, 02:20:15 PM
 #240

If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?
WE are here in cryptoworld because of privacy and if you will take this from us,then whats the difference between banks and cryptocurrency?Would you please stop this shit questions because this is actually irritating..if the crypto becomes regulated,for sure people will turns back to banks things that politicians wanted to happen
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