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?
Yes, in some jurisdictions like China bitcoin can be banned, but in the U.S. and other freer countries we are likely going to see an emphasis on compliance and restrictions on how companies can behave in relation to bitcoin. While bitcoin can never be completely banned in practice, we will likely see more oversight of exchanges and financial institutions to make sure investors are paying taxes, money is not laundered, and that investors get adequate protection.
As long as regulation is done intelligently, it will be beneficial for the industry.