Many countries are trying to regulate Bitcoin by Government laws.its because of bitcoins revolution spreading worldwide too fast.some countries already starting to build a regulation system for Bitcoin transaction.Everyday lots of new investors are joining with digital currency world and starting to grow their business on crypto world.whats your thinking about bitcoin Regulation system. Is it will be a wise decision and positive for bitcoin future or it will destroy bitcoin bright future.
I think regulation will have both benefits and disadvantages. First of all we will have to find a honest and responsible body to look after this task. I think the only people suitable for this are the developers on this platform and they never wanted any regulation at first place. If you start putting regulation on bitcoin prices, the prices will not be this much volatile. But it will also result in prices getting stagnant and we will not be able to see returns like 1000% or more in an year that has happened in the past. My verdict is that there should not be any regulation.