Re: Government regulation of bitcoin

whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?

Apart from Japan none of the government takes any serious steps on the bitcoin and its growth. If anyone regulate the bitcoin under their financial system then bitcoin has to face many issues like taxation, banking usages and etc..
However, regulation is not good for any bitcoin users. They have to support or else they should close their mouth from criticizing bitcoins in a wrong way.

I agree with you on tax issues. if the regulation is applied, I think bitcoin users will be even more miserable for paying huge taxes. where the government keeps an eye on every transaction activity we make.

The impact of government regulation may vary and differ depending on how it will turn out. Government regulations may eventually impose taxes because that is their way of generating revenue. This would be negative for the bitcoin users because they'd then have to pay extra for the transactions. A limit on acquiring bitcoins may also be imposed by the government regulations which would be negative for the bitcoin users as well.