What happens if US Govt Regulates Bitcoin?

Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining


So, the US Government is in the process of regulating Bitcoin. Source:
https://www.coindesk.com/biden-administration-crypto-regulation-hints

https://www.cnbc.com/2021/04/28/government-and-industry-push-bitcoin-regulation-to-fight-ransomware.html

Whether or not it will succeed is still up in the air, but IMO its likely.

So my question is if govt does regulate bitcoin, in that scenario bitcoin would be like all digital cash and would be recorded, just like any credit card transaction, you would be able to walk into any gas station, store or website and use Bitcoin instead of the dollar.

But the big question is, dosent that defeat the whole purpose of bitcoin, a currency that is “free from government, company or bank regulation / manipulation” ?

Just a question i have been wondering about recently,

Moreover, with the nation wide coin shortage, is the govt just trying to phase out cash transactions? I mean, before bitcoin, cash was king because you could use it without the govt’s prying eyes.

Any info / thoughts on the matter would be interesting.

View Reddit by alex_alive_now – View Source



Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close