Will bitcoin ever get regulated

[Newlifebtc]

I believe its a very hard thing at the moment, the world is about to know a lot's off changes on the political and financial level and governments will surly not have the attention to regulate bitcoin or even focus on that thing at the moment

Government does not regulate bitcoin entirely and bitcoin is like air, for you see the person that regulate air? If you can see an air regulator that means you can see bitcoin regulator wether government neither Satoshi, let us know that politicians ability to cryptocurrency is nothing

[Slow death]

Since Bitcoin is a decentralised currency, nobody can regulate it. However, it's access can be regulated to an extent by various governments to avoid frauds and its illegal use. For example, governments can introduce tough KYC approvals and bring strict policies related to cryptocurrencies, to regulate it indirectly.

every day we are moving towards centralization, to buy bitcoin using Fiat we use banks (banks are centralized) and then we use exchanges (exchanges are centralized) and then we trade in centralized exchanges or use in centralized casinos or buy something in store centralized online. it was inevitable that bitcoin in the end would be surrounded by centralization

[Amejoaquim]

Not really. Bitcoin prides itself for being decentralized. In other words, if the government were to regulated it, that could reduce the velocity of bitcoin and impact pricing / make it prohibitively expensive to use exchanges.

[Jasad]

can bitcoin be regulated, according to what I know and have experienced and am new, even I read some articles about bitcoin, bitcoin can not be regulated by any party, including the government itself can never regulate bitcoin, they can only regulate and control bitcoin exchange, that's how I think..

[BOAEDAN]

no one will ever be able to regulate bitcoin, because only we ourselves can regulate the bitcoins that we have, so bitcoin is getting more popular and more popular in all circles, so it's no wonder there are countries that have legalized bitcoin, because bitcoin has been proven to give us comfort ,and we can manage our own bitcoins...

[irsykes]

This topic have taken the center stage of my thought we have seen how countries around the world are gradually opening the economy to adopt bitcoin and as a result a lot of government policies are already underway to develop a framework that allow regulation of the bitcoin ecosystem which have made me to wonder on this topic. Can a decentralized currency like bitcoin ever get regulated?

Bitcoin itself can't regulated because it is decentralized. Mostly regulation is focused on centralized exchange which something that they can control. But i think don't need to worry because as long it not made bad impact for users, people wouldn't care about it, especially a lot of DEX already launched.

[romero121]

Regulation of bitcoin is really a tough task. Different countries have planned and have formed teams to analyse and execute the regulation of cryptocurrencies. The usage of bitcoin around the globe have increased with time. This pressure up the governments around the globe to speed up regulating bitcoin.

Few countries have added bitcoin along with the gold, and has planned to tax bitcoin based on the transactions. For this the government need the database from the cryptocurrency exchanges. If this happens automatically users will move and look for other loop holes to skip taxation. This makes regulation of cryptocurrencies hard to implement.

[geegaw]

Not really. Bitcoin prides itself for being decentralized. In other words, if the government were to regulated it, that could reduce the velocity of bitcoin and impact pricing / make it prohibitively expensive to use exchanges.

Bitcoin's velocity that decreases will cause our interest rates to seriously degrade, incorporate more price controls as well as increased costs in some exchanges and merge into centralized exchanges managed by the government, this framework is not legalizing bitcoin, this framework is becoming a crushing and drying machine for the people who work here. However, the regulation of bitcoin was never conceived as bitcoin had its own separation of rules and anonymization of so many things, all help it become an impregnable fortress and have not been afraid of the fire and power of the government

[haasanjui]

The world is moving towards modern technology and invent many of new things. We use vehicle by petrol but tesla company introduced vehicle with batteries. And many if things like this and modern world need modern currency which will easy to use on everywhere and Bitcoin is regulated in some of countries but in future, the whole world will regulate Bitcoin.

[Mahiyammahi]

I don't think government could regulate this. Bitcoin is a decentralized program. There's miner's are still here so it's impossible to own all of bitcoin and manipulate this.

Just think about it when government will be aware of this currency and start to adopt this peoples will also aware of this. There was a tweet in past I've seen that If every millionaire started to buy bitcoin then they won't be able to buy a bitcoin.

If you are aware of that government are starting to manipulate you will you support that government for next year ?

Overall I think it's not possible

[im posible]

I think when btc has been accepted by various sectors and society then that's when bitcoin regulations will be developed by both the government and the bitcoin authorities themselves.
Usually when a system has involved more people it will be more complicated and complex, that's where regulation is needed to break that complexity.

[Coyster]

This topic have taken the center stage of my thought we have seen how countries around the world are gradually opening the economy to adopt bitcoin and as a result a lot of government policies are already underway to develop a framework that allow regulation of the bitcoin ecosystem which have made me to wonder on this topic. Can a decentralized currency like bitcoin ever get regulated?

Over the years we've seen multiple countries express hostility towards Bitcoin and have also issued/imposed sanctions and regulations over the network in their country, the thing is, this countries are constantly irked that they can't control the Bitcoin network just as they do with their fiat currency, and again, they do not want their citizens to experience the freedom of funds and control that Bitcoin offers its users, they want them to only use fiat and cbdc's that's controlled by them.

Having said that, there is definitely a limit to their level of regulation, they can't control the network, they can only make it somewhat difficult for their citizens to purchase or use Bitcoin, but the network will always be away from the reach of the government.

[Wipeout2097]

We acknowledge presently Bitcoin is mot powerful,efficient and transparent.Bitcoin is decentralized which provide you independance and no limits to induce endorsement from third party. On the off chance that the government need to follow the wallet of a particular person, they can do so without prevention. Also If govrnment legalize it at that point it'll be advantageous for government to produce income from the exchanges and keep up solid Kyc that follow the exchanges.

[Issa56]

Bitcon is decentralized which means government cant regulate it, I believe because government believe they can't control bitcoin that's why they are finding it difficult to adopt it because they believe it can't be controlled by them not like the normal fiat which we know they are do anything they like at any moment for example government of a country can decide to print more money at any moment but bitcoin is not like that we are having only 21million bitcon and after all bitcoin have been mined then no more new bitcoin will be created.

[Agbe]

The world is a competitive scene where capitalists are trying to make maximum profits from every goods and services.. and if Bitcoin is accepted by the two powerful financial capitalists institutions (IMF and World Bank), to exchange goods and services,  Bitcoin can be regulated. Because if Bitcoin affect dollar exchange rate.

The founder of Bitcoin should maintain his part of the agreement on terms and conditions.

[milewilda]

I think when btc has been accepted by various sectors and society then that's when bitcoin regulations will be developed by both the government and the bitcoin authorities themselves.
Usually when a system has involved more people it will be more complicated and complex, that's where regulation is needed to break that complexity.

We dont need regulation but rather acceptance but theres no way we coul avoid such scenario because government would really make involvement no matter what and they dont really like to get behind and on things which cant really be controlled. Regulation is something that cant really be avoided
and speaking with those platforms then they cant avoid such thing but regulating technically couldnt really be possible on Bitcoin.
We dont actually need that but  there are things which cant really get rid of.

[kawetsriyanto]

Bitcon is decentralized which means government cant regulate it,

Not only government cannot regulate it, but any institution or individual cannot control it as well. Bitcoin is purely decentralized, it is the advantage of Bitcoin. As far as I know, there is no way to regulate Bitcoin, Satoshi made it with a perfect plan.

~Bitcoin can be regulated. Because if Bitcoin affect dollar exchange rate.

How to regulate Bitcoin?
Please tell me if you know that way.  

[24Kt]

The world is a competitive scene where capitalists are trying to make maximum profits from every goods and services.. and if Bitcoin is accepted by the two powerful financial capitalists institutions (IMF and World Bank), to exchange goods and services,  Bitcoin can be regulated. Because if Bitcoin affect dollar exchange rate.

The founder of Bitcoin should maintain his part of the agreement on terms and conditions.

So do you expect Satoshi to take care of this matter. We all know that up until now, his identity is a mystery. So whatever people want to do with btc, government or regular user, it is up to them. But I don't think, he will come out and say something about his decision on this matter.

But regulate bitcoin? This is hard as it is decentralized. They may regulate it at a certain level, but they can't get the whole picture of it. So if they just want to get some share from crypto businesses they can. But to have full control, I don't think so.

[kucritt]

hmm, i think it will hard to answer your question, right now there are 195 countries in the world, and if we want to makes bitcoin regulated in a good way, we must need 195 countries to makes the rules about bitcoin, and i think from 195 countries, there are countries that disagree about bitcoin, why? because they can't track the money, so it can makes the criminals in that country increasing, so if you think about the regulated bitcoin, i think we need a long way to go there

[barabarian1]

Can a decentralized currency like bitcoin ever get regulated?

No. Bitcoin is decentralized and censorship resistant. Only exchanges and centralized services will be regulated and this is not new.

agree. government just regulated exchanger and the other service that relate with cryptocurrent.
maybe, in some country, they make new crypto current than they regulated it as much as they can. what make people attract maybe just available bonus, then back to primary coin.
in my place crypto is bad thing, but there is a big party make new currency based on crypto.