i think it will be much hard to regulation the bitcoin because it demands much big network to regularized the bitcoin transaction.
Bitcoin means to way of freedom without any obligation to use and without any limit.

Well, regulation isn't coming to bitcoin, businesses like exchanges now have proper regulation, like they should, they didn't invent a new thing, currency exchanges exist for long time and they have regulation to comply with, there's no good reason bitcoin exchanges to be exempt from it.

anon it's also coming to bitcoin, and we know those two things can't live together

100% regulation for bitcoin, cannot be achieved, and it shouldn't...

I doubt this could even be possible - if the regulations come to the point where they will enforce the code, then there will have to be a radical change, I don't know - maybe some kind of hard-fork change, that we will all jump on because of faith or smth, but bitcoin CANNOT be allowed to be enslaved... Its natural purpose is to get rid of all centralized power and if it fails to deliver that - it has to shift to be able to...

Where Bitcoin and the fiat world touch there will always be regulation, such as an exchange.

If major changes in the code wouldn't be accepted, the community won't jump on it and show the middlefinger.Simple is that. People wouldn't update and stay on the old fork.

Regulation can only happen at bottlenecks such as exchanges. But bitcoin itself is not possible to effectively 'regulate'.
It's impossible to effectively ban it for example.

The Reserve Bank of Australia does not believe that bitcoin regulation is worth the cost as it may require international cooperation.  Regulation cost money that's the bottom line.

I think there will be certain countries like Germany that will regulate it extremely efficiently and then most of the other countries throughout the world will have no clue what to do with it, even with Andreas Antonopoulos explaining things to them their laws will be as vague as ever, adding to that, it will be interesting to see if any countries try to ban Bitcoin outright because I want to see whether they can stop it from being traded on the black market at all.

Let's think about this rationally.


For regulation to come to Bitcoin, miners would need to accept any new software with altered code... If they don't accept, then I guess there's no regulation (which is most likely)

Alternatively individual Bitcoin services could be pressured, like what's happening to coinbase. Similar like Silk Road, if other services choose not to be regulatated, they could simply go underground. If you've already created the website scripts, any Bitcoin service could switch to a new domain within minutes.

So like what's happening here in the UK, since government wants to accept and tax Bitcoin businesses, I think they would all be forced to be regulated, which comes with a portfolio of advantages or face criminal charges... Unless they go underground as previously stated.