Will bitcoin ever be regulated?

[Jeet Narayan 1940]

Slowly Bitcoin and other major crypto currency are now going day by day popular and they make better it's platforms . Governments can think about crypto regulations and giving it legal in countries . 

[SuperCrypto 7193]

It is necessary to study the extent to which these currencies are considered money or not and the availability of financial controls for legal money in virtual digital currencies represented by public acceptance and discharge performance, as well as the legal status of the currency source and legal and financial regulation.

 

 

 

[johant123 1559]

15 hours ago, SuperCrypto said:

It is necessary to study the extent to which these currencies are considered money or not.

 

 

 

The tax rules here see Bitcoin as an asset (just like gold or silver), so you are taxed for the value, and not for the transactions you perform.

In my opinion, Bitcoin is not part of the monetary system, and I doubt if it ever will be. There will come new digital currencies though, which are more suitable for everyday payments.

[Chopovskyy 157]

I doubt that someone is able to regulate bitcoin for themselves since this cryptocurrency is the most stable in the general market and takes a leading place. I can only assume that the price is driven by the market of investors who decide to buy or sell bitcoin. Much more depends on the information that investors see on the Internet about this currency, after which they decide what to do next. In general, we probably know that if the price grows, then a certain number of people will earn on this and many who lose their investments. Therefore, it is necessary to study this issue in great detail in order to be as often as possible in winning

[SuperCrypto 7193]

9 hours ago, johant123 said:

The tax rules here see Bitcoin as an asset (just like gold or silver), so you are taxed for the value, and not for the transactions you perform.

In my opinion, Bitcoin is not part of the monetary system, and I doubt if it ever will be. There will come new digital currencies though, which are more suitable for everyday payments.

Digital currencies, for example Bitcoin, are considered a realistic global future, but always when starting to use new technology or technologies we are witnessing some wrong practices, in light of the lack of the necessary legal controls at the beginning of the application, so it is important for countries to develop procedures and regulatory legislation for these currencies.

[Lilit 264]

It seems to me that regulation will kill cryptocurrency. As far as I know, cryptocurrency is decentralized. No one can manage cryptocurrency.

[Pavel lavrov 0]

Да конечно

[ram007 391]

 

On 12/21/2019 at 5:48 PM, BTC Future said:

There is need of regulations on a small scale though, in order to avoid the usage of Bitcoin for criminal activities. Bitcoin is not above the law, and regulations should be applied to prevent terrorist activities, human traficking, drug and blood money laundering and other extremely illegal activities. Although from what I noticed until now governments only care about taxing Bitcoin and nothing else.

i agree with you,many are taking advantage the use of crypto currencies to make such immoral things,thats why regulations is needed.

[Sagor 500]

i think this is not possible but it may be possible if any country legalize crypto on their region and then they may make their rules about using crypto.

[Jessica Karren 1242]

I think Bitcoin is a great coin and whole crypto industry is dependent on it and decentralization make it unique and i don't think any country/government/ organization can ever control bitcoin

[anashassan 6]

As Bitcoin and other digital assets continue to grow in adoption and popularity, a common topic for discussion is whether the U.S. government, or any government for that matter, can exert control of its use
I think Bitcoin will be very agile and will have the support of the Government usa
 

[Akbor 1042]

I don't think so but I think when any country adopt btc then they may want to regulate it. they may take tax on btc too. so it may be possible in future.

[Akbor 1042]

6 hours ago, dankasa said:

Is true if a country were able to regulate Bitcoin there wi also be change in the Bitcoin price

I think when any country adopt btc and start to regulate then the price of btc may be stable in a rate and the volume will be increased as now in many countries it is not legal to use btc.