Bitcoin must be regulated

[Claus]

This is necessary now because bitcoin involve huge money and the possibilities are that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owner's system pocket. Our trust is slowly degrading for what we had on the current market even the vast investors are already withdrawing their money on bitcoin. And it does not help with small-scale investors so there should be a preventive measure to be undertaken but hey where are the team? Ordinary people like me do not even know who owns bitcoin and who are the team composing of bitcoin.

If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and I do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Naturally, if this is their ideals then I will not expect bitcoin will last long.

[sakura taruno]

when all there are regulations about setting bitcoin, will it be good or vice versa and this will be a pros and cons in every bitcoin user .

[indexx]

If bitcoin is regulated by the government, public trust in bitcoin will increase. This will certainly affect the value of bitcoin in the future. But maybe if bitcoin is regulated by the government, taxes for bitcoin will be applied.

[kemalramdanu]

We will see more regulations no matter the Bitcoin and no matter its market. It's already taking place slowly. It's up to us to accept it or reject it and raise our voice. Making a currency has no use if in the end it is regulated. Basically, Bitcoin was created to get back some privacy and to be free from governments and banks

[roykiyosi]

Already many governments have regulations for the bitcoin usage and they may upgrade them in the upcoming years as theur wish but most of the government  creatimg regulations not for the weldare of citizen they just doing this for theor own purpose so more or less regulations just use bitcoin as your wish.

[cashbit]

If Bitcoin really needs to be regulated, I don't mind and I just support it. Because it is true, Bitcoin is too dangerous if it is too heavy, because it involves a lot of money and is also a big risk for its owners. So that's the reason I approve it now.

[expander]

@indexx, in my opinion, it doesn't matter if bitcoin must be taxed. As long as investors feel protected, I don't think that is a problem. If bitocin is set, the initial purpose of creating bitcoin as payment will be fulfilled.

[bountyecrire]

Bitcoin and cryptocurrencies cannot be regulated but governments can regulate icos and exchanges so there cannot be any scam. That would be good.

But bitcoin... how can one regulate bitcoin? You're free to do whatever you like. It is decentralized, you can't control it centrally. That is the point.

[capt ronald]

It's good to hear if the crypto investment will be regulated by the government so the government can help monitor the fluctuation of coins in the market because i believe there are times that the prices of the coins are influence by big investors.