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?
"wind is something that cannot be touched but can be felt", as well as bitcoin, the government cannot regulate bitcoin but can only regulate things related to bitcoin such as bitcoin owners, exchanges, gambling sites or digital wallets. but if bitcoin is a centralized crypto asset then the government can regulate it.
^ In short, BTC is only on the computer's code that no one will break the code even one of us.
Even though there is a regulation of the wallets or any platform that the users use but still we can still be able to use BTC without knowing by the government, the whole thing they can able to regulate because we can use BTC without regulations. But the problem is when we buy and sell cryptocurrencies we need a centralized exchange to that faster. However, there are exchanges that we can use to trade but I am not sure how faster it is. It is a p2p exchange.