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?
More than a decade after bitcoin introduces, government around the world still trying to figure out ways to regulate bitcoin and other cryptocurrencies. The reason why they cannot regulate bitcoin because it is decentralized or there is no central entity that prints money. And it can be also used by criminals. If the government wants to, it can. It is impossible to regulate, only the imaginary ecosystem.