But my question is, why is there a need to regulate it at all?
Discussion
Oh, let me tell a few more things, i am not good at explaining, especially in a foreign language.
So, if you use bitcoin as everyday money, there will, for sure, come a moment you will have to deal with the problems all currencies have. Let's say inflation. If you can't regulate it, then you can't solve the problems, then why having that money, then why should it have value? Quite simple...
We do not need inflation
Still we have it though...
Bitcoin doesn't :P
Doesn't till now because bitcoin is not everyday money. That's the point anyway. So, can you guess what happens if doesn't ever be used as everyday money after the last halving? Why it's quite the possibility that it will deflate?
Bitcoin precludes monetary inflation. Prices can rise for other reasons, but then they have to go down elsewhere, eventually.