Post
Topic
Board Bitcoin Discussion
Re: Government regulation of bitcoin
by
yoseph
on 27/09/2017, 20:22:31 UTC
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.
Even though there is yet to be any government regulations some people are being taxed when they buy or sell their bitcoins for cash, in the event of a regulation, it's going to make bitcoins not as valuable as it used to be because the government will tax it massively as they always like to take but never give in return.