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My take is that many investors who are accustomed to centralized classic investments and systems may be eager to put some percentage of their capital into Bitcoin or Ethereum (as part of their risk investment portfolio), but they probably feel discouraged by the collapses of platforms, the hacks/heists and the scams dressed up as legitimate and registered businesses.

They are willing to risk some capital in order to get some gains, but their are not willing to go down 100% just because they got robbed or a CEO mismanaged their funds. We can handle it, because we read and practice self-custody and know how to spot most of scams, but those investors do not care enough to become part of the community and learn about Bitcoin. They want to invest and go to sleep with no worries.

This is equivalent to asking again: Are rules made to be followed or broken?
Rules exist as a code of conduct and order of action that can be recognized by the vast majority of social members after long-term screening and precipitation in social life, and there must be rationality and necessity for its existence.
I think that only by constant trial and error and breaking the rules can it be possible to rebuild a new order and create new products.

We all want freedom, everyone wants not to be tracked, but too much freedom is not good, if you live in an environment without laws, the evils of theft, rape, murder...Do you want to live anymore? Not everyone is as pacifist as we are, many are perverts and without laws, they would rule us we would be so much worse. Crypto regulation is similar, regulation is in place to prevent scams, scammers want to take money from runaway investors, not build a developed market. I can't say regulation is good or bad, for me it has both good and bad sides.

Government regulation can look at this issue from different roles. As a government, they hope that the economy will be in order, and they will think that the huge volatility of Bitcoin price is difficult to be used as an asset store, and it is difficult to enter the currency payment channel. But as investors, the volatility of Bitcoin is a tool and channel for them to make money, and they can do some things that they don't want others to know. In the long run, I am not in favor of regulation, because all I want is more freedom, a few decades of life, and I want to be in charge of myself.

Regulation will not look good for the growth of crypto and regulation can also bury people's interest in decentralized digital assets, regulation will set certain limits and regulate the crypto journey according to their wishes.
For me, regulations are not important, because there will be many problems that will arise when they are implemented, many regulations are not able to run as planned.

The bigger the growth of the crypto and bitcoin market, the more attractive it is to third parties who want to control it, that's why for me regulation is only a matter of interest not for security as they say.
Because basically almost no one is able to maintain security, especially in relation to investments that do not involve third parties. In another sense, security is the basis for every individual in maintaining the value of the investment, while other rules have no relationship and connection at all.

If we deduce from all the accusations involving cryptocurrencies or bitcoin in particular, then we will find the answer why governments, bankers and regulators continue to impose regulations that must be issued in the crypto field, even before crypto developed rapidly and bitcoin adoption occurred everywhere, no never before have we heard of such a thing, they just want to find legal loopholes to restrict crypto and bitcoin, while drugs and fraud are an excuse for hooking up for them to enforce regulations, even though there is no other much better solution they offer, while Crypto and Bitcoin is much more successful in getting people to find investment formats and get out of the economic problems they are facing.

In general I prefer the concept of bitcoin as it is now, no KYC and centralization required, Bitcoin is independent in determining its performance, without involving other influences as additional concepts are deemed necessary, even without regulation Bitcoin has limited itself to fraudulent transactions or called PoS, because Satoshi Nakamoto has formulated a concept so perfect for running Bitcoin that it doesn't require any additional concepts or other performance as a basis for consideration.
We think that the basic concept is final without any changes or additions needed, either regulations or other technical issues.

In fact, I think like you. I think there are advantages and disadvantages that we gain. But so far the existing regulations are aimed at protecting, be it investors or investment service providers. This is because there are many adverse events that have harmed both of them along with the growing growth of crypto investment.
I think the legal certainty and recognition of the government has a lot of positive impacts. Investors will feel more protected and ready to invest. For criminals, they will think several times if they want to violate the law because they violated the law. The government also benefits from the taxes they take. So as long as this deal goes fair I don't think it's a problem.

There is a good level of balance there that you actually do need. If there is ZERO government, then if you invest into a company and they reach to 100+ billion dollar invested into them let’s say, they can take the money and leave, what are you going to do? Sue them? There is no government or law or regulation, they are free to do it.

I know it’s a basic example, but it shows you that you need at least a MINIMUM regulation and government to be there, otherwise it means you are going to get robbed. What we need to talk is not "do we need regulation", it should be "how much regulation is too much?" because if you do just enough it’s a good thing, if you do a lot then it’s a bad thing.

In your opinion, is the stock market doing well and growing? it's a market with a lot of regulation and it's still growing. Regulation will have advantages and disadvantages for the market and regulation does not limit the development of the market but simply it will develop according to government regulation, not freedom.

Personally, I don't like regulations simply because I don't want my assets to be tracked by the government or seek to control it, I don't feel safe leaving my assets to them, I have the ability to self-manage. The rest what regulation brings is limited scams, no more market manipulation… those things are good for the market. Like it or not, it is inevitable, between choosing a regulation or a permanent ban, which will you choose?

In my personal opinion, it is very natural for most investors to think that regulation is a good thing, because with the regulations that have been set, it is certain that every market cannot manipulate crypto prices, even the government does not want to be regulated by any party. what the government set is actually not to pressure or make people who invest lose control, but to guard all elements from unwanted things, the point is for the government or for investors and companies, regulation is the most prioritized.

The biggest negative news about cryptocurrencies is their association with criminal activity, which is why government regulation stands out.

I don't know which country you live in, but it's very likely that your country and government have reasons why it's not legalizing bitcoin as legal tender. I'm not arguing with any decision the government makes about bitcoin rules or regulations because in the end the government always wins. Agree or not, governments have the power to regulate and centralize users through their rules, but they also expect lot of profit by not completely ban transactions especially about trading and investing.

There are expectations about regulatory changes if almost all European and American countries adopt bitcoin as means of payment, IMO - it will obviously encourage many non-European governments to adopt bitcoin as means of payment.

Countries regulating the usage will let the people use cryptocurrency without any problem. The real problem gets hidden and the same might make people not use it. When we use cryptocurrency, we can stay anonymous without revealing our identity. Even after regulation the same could happen, but governments will surely try to make transactions through specific medium. Only through such plan the government is able to generate revenue.

I don't think there's much any regulation would do except to limit the crypto industry. You need to understand that when the government introduces regulation under the guise of consumer safety, they won't merely approach the matter with a light hand -- you give even the slightest leeway, the government will be more than happy to take that opportunity to create industry gutting regulations.

Most regulations that are being introduced aren't doing anything for consumer protections regardless. They're just looking to limit crypto's growth because it exploded over the last couple of years. Combine this fact with the inflation rate of most currencies being near double digits, if not surpassing double digits, the government institutions will look to protect their own interest, and that includes regulating crypto into the dirt to scare away investors and ordinary consumers. Don't fall for their tricks, regulation is NOT a good thing.

Of course, and there will always be endless pros and cons.
Apart from that, the state is obliged to make regulations for whatever it deems necessary. Unfortunately, some things that may not make sense are the reasons why the regulation is bad so that as a result trust in the government and its regulations is not good.

This thread is up to 5 pages, I actually read some of the arguments both good and unimportant. I'm trying to understand something and of course this regulation can be considered broad and not only on one or two things.

Nowadays, investors enter the market for profit, while centralized exchanges offer them many opportunities to make money, so trading volume on highly centralized exchanges is easy to understand. [/quote]
Was there ever a time when investors didn't enter market for profit? By the way, what you described is a trader who would have ahard time do the their business without centralized exchanges, while investor doesn't really need them as you can easily invest in bitcoin while avoid any centralized exchange.


Even though all centralized exchanges will soon have mandatory KYC, we are not there yet. For example, FTX doesn't have mandatory KYC as of yet. Daily withdrawal limits for a non-KYC account is low though and they can ask for KYC at any moment they please so I wouldn't use it for bigger amounts if your goal is to avoid KYC.

All of centralized exchanges has a mandatory KYC rule, you check it yourself on their terms of service. Nope, even though those centralized exchange will ask everyone KYC, people wouldn't leave centralized exchange since they're hold most of their coins on that's exchange.

Who said Uniswap is a decentralized exchange? Uniswap is just a centralized swap platform where they're know your IP address and have control over your coins, don't mix it with a real decentralized exchange e.g. Bisq. I think you're never use a real decentralized exchange, so you're don't know how decentralized exchange work and the safety.

Nowadays, investors enter the market for profit, while centralized exchanges offer them many opportunities to make money, so trading volume on highly centralized exchanges is easy to understand. Not to mention if you are a newbie, using CEX will be a lot easier than DEX and CEX's fees are also much cheaper. I have to admit that CEX is much more convenient than DEX.

As more people advocate regulation because they don't care about privacy, they think they will be safer with government protection, and scams will be under control.

Bitcoin was created by satoshi with the purpose of being a decentralized monetary system that does not need anyone's supervision and is an anti-inflation tool with a fixed supply. But eventually people turned it into an investment and nowadays people come to bitcoin with only one thought which is profit.

And once it was regulated, the more we become traceable and have no escape from the government.
Of course, this will help to combat illegal activities like fraud and money laundering but sad to say that being anonymous is now obviously possible. I'm not sure how it affects the price of Bitcoin once implemented but I was afraid of rampant market manipulation will take place and changes the volatile nature of the market. From a decentralized market to a centralized one, that seems not acceptable probably for the majority.

As you have practiced, I agree with you that Bitcoin will bring benefits for regulation and the future, and Bitcoin price will be positive. However, most investors use bitcoin exchanges that only deal in fiat. However, bitcoin does not have this mechanism that only MA developers know. Even though blockchain technology is advanced, it is traceable to fiat.

Binance US is made for users in the US who certainly use Binance a lot. This forms a new platform targeting clients in the United States in partnership with the Financial Crimes Enforcement Network (FinCEN). Binance US led by a local division will serve the US market and be in full compliance with US regulations.

As foreign entrants, we do have to comply with the rules that apply where we are, such as Binance bringing its business to the US for the establishment of a new platform.

Some of the regulatory frameworks implemented by the US include Combating money laundering, Digital Dollars which are fully regulated under the central authority and full support of the central bank, and Maintaining financial stability.

Regulation will be the legal foundation of a country to establish rules that are adapted to that country, so the good or bad things that are produced by regulation depend on which point of view we see it.