Kakashi2020 Posted May 30, 2018 Share Posted May 30, 2018 I would like to know your take on Unregulated Currency like Bitcoin, what are the advantages and disadvantages of being unregulated? Would it be regulated some time in the future? 1 Quote Link to comment https://slingbank.com/forums/topic/541-what-are-the-advantages-and-disadvantages-of-unregulated-currency/ Share on other sites More sharing options...
Henrywrites Posted May 31, 2018 Share Posted May 31, 2018 A cryptocurrency that is being influenced by the forces of demand and supply has still got some regulations in the sense that it is people that makes those demands and supplies. If you are talking about the government taking full charge in the future, then I don't see that as a nice idea since it might make many traders lose hope in getting involved with Bitcoin. Quote Link to comment https://slingbank.com/forums/topic/541-what-are-the-advantages-and-disadvantages-of-unregulated-currency/#findComment-915 Share on other sites More sharing options...
Steve5 Posted May 31, 2018 Share Posted May 31, 2018 I guess one way of putting it is the government has no control over it. It seems like they want to find a way to put tax on it just like everything else. But I doubt they'll succeed any time soon. It's currently used by many people all over the world. So having no tax to pay makes for a unique advantage. Quote Link to comment https://slingbank.com/forums/topic/541-what-are-the-advantages-and-disadvantages-of-unregulated-currency/#findComment-936 Share on other sites More sharing options...
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