Quote from: StanleyBoyle on Today at 07:41:21 AM

Quote from: Tellek Garing on November 08, 2021, 07:08:11 PM

This topic have taken the center stage of my thought we have seen how countries around the world are gradually opening the economy to adopt bitcoin and as a result a lot of government policies are already underway to develop a framework that allow regulation of the bitcoin ecosystem which have made me to wonder on this topic. Can a decentralized currency like bitcoin ever get regulated?

Bitcoin will not be regulated, but Bitcoin trading activities and people involved in Bitcoin transactions may be regulated. Roll Eyes

The coin itself cannot be regulated as it is fully decentralized. But as the government starts to adopt bitcoin, more likely that all crypto related activities will be regulated soon, even if we know the fact that crypto is far better more compared to fiat as long as transparency is concerned. Bitcoin cannot be regulated, but its centralized exchanges will certainly be because they are fully controlled by the government and whatever crypto transactions that are made in those centralized exchanges will certainly be traced easily.