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Author Topic: Bitcoin Acceptance.  (Read 2399 times)
teejayrichard2
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November 16, 2018, 07:51:38 PM
 #321

regulating it wlll be good and also bad at same time. It will be good as it will lead to mass adoption thereby people will be able to use it for all kinds of transaction without the fear they currently have about price and government ban. Also regulating it will be bad as government will then begin to determine price of bitcoin
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November 16, 2018, 08:50:23 PM
 #322

Definitely Yes.Otherwise, it will simply not develop properly.If we want to achieve great heights for bitcoin,then legalization is simply necessary for It.Don't fear,on the contrary.We need to support this movement.

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November 16, 2018, 09:22:37 PM
 #323

I would not support or concur to the idea one of bitcoin and cryptocurrency major features is it's decentralization and should not be traded for any other thing. Sure bitcoin would gain acceptance it's just a matter of time
Just like what you commented, Bitcoin will be accepted as legitimate and used all over the world as it is a matter of time. But the change in Bitcoin's properties could make it lose its edge and leave investors leaving it, destroying it.

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November 16, 2018, 09:27:26 PM
 #324

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?

The essence of decentralization is still there if it's regulated perhaps in some sense as decentralization I think pertains only to the fact that no one is mediating the transaction/s. And I think a very few that is not that obvious is being implemented on btc regarding regulations.



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November 16, 2018, 11:53:10 PM
 #325

I don't care about bitcoin being regulated as long as we can still use it. It's okay for me to let the government take a slice of my crypto earnings as long as i can still engaged in crypto in a more secure way.

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November 17, 2018, 02:34:14 AM
 #326

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 must know what it is like, because the blockchain technology is highly decentralized so there is no country in the world that can regulate or interact with bitcoin, but if the regulatory system is only supervised or with certain regulations it is very possible, and according to me this is not a problem and good only..
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November 17, 2018, 03:07:25 AM
 #327

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?

Regulation doesn't necessarily mean that the decentralized nature is lost altogether. On the other hand, regulations can play a positive role in the crypto-market by reducing the number of scam attempts and ponzi schemes.
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