Can Bitcoin be regulated?

[Domithra]

The people can be regulated by the governments through the laws they pass on Bitcoin but the government cannot regulate the transactions of Bitcoin since it was created to be decentralized. If the people choose to still trade with Bitcoin, the regulations stands insignificant.

[Valevi]

I also think that bitcoin cannot be regulated by the government, but I am worried that if the government is affected by many bad issues about bitcoin, this will make bitcoin more difficult to legalize.

[Crypto Guard]

Bitcoin is a currency that is not decentralized, so I think it is difficult to regulate by the government. But I agree if the government can block sites related to bitcoin if there is a bad news from bitcoin.

[Omega]

It can be regulated as long as the area permitted to let it be. However, there are parts that bitcoin cannot touch, same with government. The respect is important to maintain good relationship between two parties.

[sugarchrisp]

It can't really be regulated for personal use.  They can try to ban it but there's nothing stopping anyone from going online and buying some bitcoin.  If your bank won't allow it, you can wire the money somewhere that will allow it.  There's no real way to stop people from using it, but I want to believe they can put a stop to the blatant price manipulation that's been happening most of this year.

[LiteNight]

Everything can be regulated. Money without control does not happen. The government is what? A bunch of some not very intelligent people? what do they regulate? You listen to what they say! They seem to be from another planet.

By law, drugs can not be sold. But in any city of any developed country they can be bought. Who regulates the price of drugs? There is something that is hidden. I think about bitcoin, we do not know a lot ....

[Moykoy]

If people choose to continue trading with Bitcoin, the rules are insignificant. People can be regulated by the government through the laws they give to Bitcoin but the government cannot regulate Bitcoin transactions because they are made to be decentralized.

[Master107]

There's no one can stop the reign of bitcoin. It is unstoppable at this moment. The more project comes and go in crypto bitcoin won't be move to step out on its domain as the king.

[densuj]

I don't think bitcoin can be regulated by government because as op said it is decentralize, the government can not do control how much bitcoin will be made by network of bitcoin, the government just can regulated the market i think.

[Jun]

the network of  bitcoins  unstoppable remember the transaction is decentralized no government can control the market likewise can't control people using and buying bitcoins,again bitcoin can't be regulated

[Cryptoz]

I agree. Since Bitcoin was created to be decentralized, nothing can regulate it. If government or people regulate the Bitcoin, they will make it to be centralized and Bitcoin will lose its basic principle. However, government must control and monitor the transaction of crypto coins. It is crucial to prevent usage deviations of the coins.   

[Seeyy]

I am worried that if the government is affected by many bad problems about bitcoin, this will make bitcoin harder to legalize. I think that bitcoin cannot be regulated by the government,

[Doctor]

The people can be regulated by the governments through the laws they pass on Bitcoin but the government cannot regulate the transactions of Bitcoin since it was created to be decentralized. If the people choose to still trade with Bitcoin, the regulations stands insignificant.

I think It is impossible. Because Bitcoin is decentralize. If bitcoin be regulated, Bitcoin will be centralize.