Hi all!
People in this forum and in many other discussions are fast to talk about the 'need for regulations'.
Most of the times it is in connection to mass adoption and for price speculation ideas.
Is regulations really only for Bitcoin to increase in price? What about the whole idea about a P2P currency without governments and banks being involved as a middle man .... Regulations issued by authorities, is that not only for the old system to take control of this emerging p2p currency market? I dont know but why should Bitcoin be regulated by governments and other authorities according to you?
The purpose of governments regulations is to secure people to being fraud and protect people from any cybercrime, but this kind of regulations will also attracts more people to use bitcoin because they will see it as save investment and at the end it will make the price of bitcoin rise. It will make bitcoin price rise but indirectly.