Quote from: Raggie on August 20, 2018, 01:57:17 AM

Quote from: sandraonas on August 13, 2018, 08:58:08 AM

There has been so much FUD/FOMO lately about the bitcoin ETF proposals, debates on its merits and demerits, it makes me wonder. What is actually better for bitcoin, Is it some form of government regulations like ETF approvals or Gradual mass adoption of cryptos in general? What's your take?

Bitcoin should not be regulated because it is decentralized. ETF approvals only makes speculators of crypto manipulate the market.
It is better no government involved for cryptocurrency i think, because it is only causing some high volatility in the price of crypto.

Bitcoin might be decentralized, but systems that use it like payment processors aren't and are in fact the opposite. The ETF is a centralized system governed by a governmental body and that's what this is about. You've also got to remember Bitcoin is like being your own bank and whether we like it or not banks or those institutions that deal with cash payments are going to need regulating.