Well, the only way Bitcoin can growth is by regulation.
how can you be so absolutely sure about that?
Bitcoin does not need regulations. Bitcoin has got it's own regulations embedded, with consensus from its community. We do not need governments...
... ok, maybe governments might be of help to take care of scammers and dishonest people, but ONLY when the community chooses for the "Government path": in this case, all Civil and Criminal Laws already existing around the world is enough.
(edit: Bitcoin may only opt for "government regulations" if the community decides to please them, and not to "despise" them...)
Bitcoin does not need regulations. Bitcoin has got it's own regulations embedded, with consensus from its community. We do not need governments...
... ok, maybe governments might be of help to take care of scammers and dishonest people, but ONLY when the community chooses for the "Government path": in this case, all Civil and Criminal Laws already existing around the world is enough.
(edit: Bitcoin may only opt for "government regulations" if the community decides to please them, and not to "despise" them...)
I already commented this
for a recent article:
Something like Bitcoin in this historically correct context is even more interesting, as money hitherto was always a thing enforced and organized by a governmental authority (yes even gold and silver, as said). Bitcoin lacks contractual enforcement so far. We can have "smart contracts" all we like, but it's just information; if you actually want to chase and catch people like pirateat40 or TradeFortress, you need an executive force. That's an important aspect of the regulation question. That's the deal today's governments are offering: if we are supposed to chase fraud in Bitcoin, then we want and need to have control over that thing.
So it is very interesting how this deal will turn out.
Well, (if I understood well what you mean - excuse me, English is not my mother tongue
) it may the case that it will depend on the Jurisdiction (country/state) in which the transaction took place/parts are located. In my country, for instance, where we have the Statute Law System (mostly originated from Roman Law), there remains no doubt that any Bitcoin transaction (just like any other agreement, oral or written) DO have "contractual force"
per se. That's why I consider that the already existing laws are capable to give a solution to a possible breach/abuse in a Bitcoin "contract" (trade, buy/sell, barter, etc).