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 really should be regulated and more stringent but who can do this? It is a decentralized market and there are many people from participating countries. We have the SEC but they still do not have the capacity to manage such a large market. We need a more advanced tool to manage this market
SEC commision has resources to manage and regulate.dont forget SEC come from super power country.regulation really needed if we want institution investors come to this market and make bitcoin great again.