Quote from: Papaczed on August 07, 2018, 12:55:12 PM

I don't know exactly, but as bitcoin decentralized online digital currency, bitcoin makes transactions anonymously, then there has no chance to add bitcoin under regulation. This is just my observation. We will see in future

If you're in a country that doesn't require KYC then you will surely be anonymous, but if you're in a country that implements KYC on the usage of Bitcoin or other forms of crypto currencies, anonymity is just an imagination. How I wonder if there are still countries that don't implement KYC system on the usage of Bitcoin, Huh

Because in my country it is impossible to exchange your Bitcoin to fiat if you don't provide documents like an identification card, proof of residence and etc.

Quote from: pictsidhe on June 02, 2018, 12:42:16 PM

I dont think bitcoin would go under regulations for thecreason that it has a feature called decentralized control meaning no other third party shall control or regulate bitcoin. Unlike fiat money where the control is under the government.

It can be regulated in terms of usage and who is using it by implementing KYC "Know Your Customers" in the majority of the countries in this world but in terms of price or value it is kinda impossible because Bitcoin is decentralized and people will decide about its value. It is not impossible for governments to regulate the usage of Bitcoin and it only takes time and effort to do so, to be honest, any person that uses crypto currencies are not anonymous with their transaction histories and this is the ultimate medium to track people if you only knew what am I talking about and understand the whole process.

KYC + Bitcoin/Blockchain/CryptoCurrencies = Ultimate tracking device. Cool