Is this how we regulate Bitcoin?

[Vertex_ICO]

You're right. In terms of tech, we do already have the power to self-regulate. I'm just wondering how we would go about convincing miners and developers from different blockchains to band together to regulate the cryptoasset industry. Eliminating scam ICOs is certainly crucial to the long-term success of the crypto markets, so perhaps if it was presented in such a way we could put this plan into place. Overall, I think there's definitely some serious food for thought here, particularly when it comes to securing the crypto markets, as well as exchanges and marketplaces like Vertex.

You have a good and very necessary idea. We need to fight fraudsters in the cryptocurrency market with more powerful methods than now. Apparently, a few more years are needed for the development and strong regulation of the cryptocurrency market.

More government regulation is not the answer, but self-regulating might be. Overall, there is a problem here, but self-regulation is the answer. We definitely need to be having these discussions, although the implementation of such a system may only be in the future.

[cutesgirl]

I'm falling in love with these guys lately - they have some really cool ideas.

Anyways, here's where I come from: https://cryptotradernews.com/cryptocurrency/how-crypto-should-be-regulated/


Key highlights:

Utilizing the underlying tech of virtually every cryptocurrency, we can police our own. With blockchain, smart contracts, and the very same miners currently working to provide the heart of Bitcoin, Ether, XRP, etc., etc., we can eliminate virtually every scam ICO as well as ensure that exchanges and wallets are adhering to industry requirements.

It really boils down to one of the most basic set of commands known to man — If, Then, Goto, and Else. Except now we have the power of smart contracts where we can ensure that the parameters are completely met along the way, and we can verify these requirements via the blockchain at any given time.


This truly is how we can regulate Bitcoin and virtually any currency isn't it? I mean we already have the power it's just a matter of putting all the pieces in place.


Thoughts?

Bitcoin not have regulation and government do not have to control with bitcoin price, if have power to control with bitcoin price many people want get benefit with government when have to make bitcoin down and up, just giving space for bitcoin control buy seller and buyer where have bitcoin on higher or lower price, just supply and demand will make bitcoin price on the top or down not have regulation for government to manage bitcoin price.