Is it good idea for Bitcoin to be regulated?

[sola]

As I mentioned earlier, regulating the industry will be a good thing in the long run, with the most important aspect being mass adoption. Everybody on Steemit is really early adopters of the new technology and this will count in all our favours in the long run. For me regulation means mass adoption, as more and more people will feel more comfortable to invest their money in Crypto Currencies.

[212]

bitcoin is not something that can be arranged and fastened with a regulation. due to its free and unlimited scope of it difficult making it be bound. rather we call with the trick, the trick that we make to set ourselves against the bitcoin with nature.

[Barkas]

I do not agree with that idea, for example if bitcoin is set then the big possibility will have a bad impact on bitcoin

[Doctor]

Bitcoin is incredible the way it was created and the idea behind the decentralization is a revolutionary one yet the rulers (governments) of our countries are in opposition to it. No one can tell vividly what the future holds for Bitcoin and the entire crypto market.
It is all good when Bitcoin undergoes regulation, perhaps the exchange sites will implement that. This will clear most of the tension created about Bitcoin and draw more investors to it.

I am not agree about that. If the bitcoin to be regulation, It will change decentralize to be centralize. It is not good idea.

[JSD10M]

I find it tough to see Bitcoin being regulated because I believe that is not what is intended to be. On the other hand, regulation seems to be the only way for mass adoption.

[b-day38]

Yes and i think this is very important for the crypto currency investment to be regulated so this will not abused by many rich investors and also people can ask help to the government just incase there is a problem that may encounter from their investment

[Fenix]

Bitcoin is incredible the way it was created and the idea behind the decentralization is a revolutionary one yet the rulers (governments) of our countries are in opposition to it. No one can tell vividly what the future holds for Bitcoin and the entire crypto market.
It is all good when Bitcoin undergoes regulation, perhaps the exchange sites will implement that. This will clear most of the tension created about Bitcoin and draw more investors to it.

I am not agree mate. I think If bitcoin to be regulated, bitcoin will be centralized platform.

This is a fallacy. State regulation of bitcoin cannot make it centralized. States are simply technically unable to centralize it. In fact, the regulation of Bitcoin means the establishment of its status, the determination of the order and conditions of its circulation on the territory of the state and, as a rule, the establishment of taxation.
Regulation of Bitcoin by the state is a natural and necessary process for the development of cryptocurrency. Without this, the infrastructure for introducing Bitcoin as a payment system will not develop, nor will it be massively used by business structures.

[doranan]

 Many tech investors view the Blockchain in the future as a host for applications, such as crowdfunding and online voting. Although cryptocurrencies have several downsides, strict regulations from the government are not the right solution as they would decrease the market value and prevent the Blockchain from reaching its full potential, such as managing personal identity and improving representative democracy.

[bubblebubble]

Many tech investors view the Blockchain in the future as a host for applications, such as crowdfunding and online voting. Although cryptocurrencies have several downsides, strict regulations from the government are not the right solution as they would decrease the market value and prevent the Blockchain from reaching its full potential, such as managing personal identity and improving representative democracy.

So, what's your idea about?
Do you state that regulation will cause value reduction of cryptocurrencies?
Or what exactly?

[Shanacute14]

I think it is a good idea if the government will regulated the bitcoin. It will be easier to have an investments and doing transactions.

[MOProgress]

To me the entire cryptocurrency should be regulated, because currently  there is too much scam and no one can do anything about, there if there are regulations, I believe it will reduce the level of scam.

[Ta.Form]

it is true that if Bitcoin is regulated by the government, of course, it will attract a lot of investor interest to join because investors have a sense of security towards Bitcoin, but in my opinion if Bitcoin is regulated by the government then this will eliminate the decentralized nature of Bitcoin

[Stavr1992]

If Bitcoin starts to be regulated, on the one hand, this is good news, as it will start being introduced more successfully into many countries as one of the main currencies for calculation. But on the other hand, we will not be able to earn on it.

[pacar_tiri]

Bitcoin is incredible the way it was created and the idea behind the decentralization is a revolutionary one yet the rulers (governments) of our countries are in opposition to it. No one can tell vividly what the future holds for Bitcoin and the entire crypto market.
It is all good when Bitcoin undergoes regulation, perhaps the exchange sites will implement that. This will clear most of the tension created about Bitcoin and draw more investors to it.

No, I dont agree Bitcoin to be regulated. It will change bitcoin become centralize. It is my opinion.

[marcsymons]

Although i favor regulation but i think too much regulation is not also good for the crypto market. Before anyone could use Bitcoin for their self interest like the dirty money of the illegal people could use Bitcoin to hide their assets in which it makes the Bitcoin price to become more expensive before but now after the strict regulation of every country these illegal people are now neutralized (KYC) to use Bitcoin so i think regulation should be reconsider again but not limited to fraud people for their scam projects.