There's been a lot of talk about submitting the Bitcoin economy to governmental regulation and, frankly, it scares the hell out of me. One of the reasons I'm so excited about Bitcoin is because it presents the same promise of a fully free market that cash does without all the problems surrounding a fiat currency.
Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.
What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?
Rage
Bitcoin we all knows that this was a type of decentralized system and because of its features the mass adaption all over the world was rapidly increased, where it leads bitcoin into popularity. Therefore, it is really hard for the government to regulate it due to its centralization. which means they are opposed to one another and do not match the system in place as well.