Topic: Brazil in the process of regulation. Good or bad? (Read 578 times)
Generally it is good news because it makes an addition advertisement in mass media and new investors and hesitating people may come on market. Also I hope that government regulation will make market more clear and honest. I will observe the situation in Brazil because I am inetested.
In all honesty, I think it is a good idea, given the fact that regulation has thus far been just speculation and theory. Like the saying goes, "you never know until you try". With Brazil taking this step, we have a solid practical case study to draw upon, and learn from, to know whether regulation will work or not. This bold first step could ultimately shape the short-term future of cryptocurrency. I like that they are seeing it as a great opportunity for start-ups and young companies to gain funding which will ultimately boost the local economy.
i think we'll have years of non-regulated market, maybe in 5-7 years the world of crypto will be regulated for more then 50%.
In some ways regulation means freedom for us,if oir country starts to regulate cryptocurrency means they are supporting this by means of regulating everything about what this could bring us and whats the advantages.
If country opens its door for crypto legally means the future for this community will be in betterment of our ways of profiteering
If country opens its door for crypto legally means the future for this community will be in betterment of our ways of profiteering
I do not know why people want to fear Bitcoin regulation? We did not expect that governments will sit on their hands and allow Bitcoin and other Crypto currencies to go unregulated? How would we know how to submit our taxes, if we did not know how the governments defined the technology?
Let's just be glad that they acknowledge the technology and that they are taking the effort to regulate it.
I can now pay my taxes and go on with my life, without worrying about them. ^smile^
There are probably two reasons for this, first people are afraid of change, people that have cryptocurrencies are so afraid of regulation as those that prefer to fiat system and fear cryptocurrencies, another reason is that even if what you say is very logical and it was impossible for governments to stay out of cryptocurrencies the truth is that people have gotten to used to not pay their taxes and it seems they do not want to do it. Let's just be glad that they acknowledge the technology and that they are taking the effort to regulate it.
I can now pay my taxes and go on with my life, without worrying about them. ^smile^
I think regulation is just one of those words that has a negative connotation when it really doesn't need to. In fact, I'd argue its almost 100% positive. Regulation of something means that its actually being accepted and recognized, instead of a ban. So the more countries that accept and regulate the better!
That will be a good news for us just like 2017. It is not new anymore, others will also follow like what just happened last year. The only difference is that it was portrayed in a different way saying they will banned bitcoin in their country but the truth is it was just regulations. I think more countries will go through this, the crypto community is expanding now.
In fact that is the future and destination of every country, every country have to realize the need of bitcoin and they will surely make bitcoin as legal in their country, even those countries who have already consider bitcoin as illegal they will also make bitcoin as legal currency. 
Exclusive interview with President Fernando Furlan of the Brazilian Association of Cryptomoedas and Blockchain. Brazil in the process of regulation. Good or bad? https://www.criptomoedasfacil.com/entrevista-exclusiva-com-presidente-fernando-furlan-da-associacao-brasileira-de-criptomoedas-e-blockchain/
Brazil,is another kind of free nation,so being in the process of regulation in terms of cryptocurrency,so this the good sign to them become one a capitalize country,these means that there is a chance that there economy,become progressive just like happen in the country of japan,australia,and some european countries that because of cryptocurrency they become part of being industrialized in terms of economic growth by the help of digital technology.
Exclusive interview with President Fernando Furlan of the Brazilian Association of Cryptomoedas and Blockchain. Brazil in the process of regulation. Good or bad? https://www.criptomoedasfacil.com/entrevista-exclusiva-com-presidente-fernando-furlan-da-associacao-brasileira-de-criptomoedas-e-blockchain/
Brazil is one of the countries that is not involved in legalization of cryptocurrency in G20 summit. One of the factors I've seen here, why does Brazilian government regulating the cryptocurrency, is because of continuously growing up of cryptocurrency in the world. They are isolated from the inventions and innovations throughout the world.Brazil has a right choice at the same time, it is also good in cryptocurrency to add a country who are regulating cryptocurrency.
That will be a good news for us just like 2017. It is not new anymore, others will also follow like what just happened last year. The only difference is that it was portrayed in a different way saying they will banned bitcoin in their country but the truth is it was just regulations. I think more countries will go through this, the crypto community is expanding now.
If the regulation is I being done for adding some rules to the crypto industry then I think it’s a good thing. This will ensure that cryptocurrencies are not being used for terrorism and money laundering activities. This will lead to the addition of many investors to the crypto industry who are currently not investing due to the negative attitude of government towards cryptocurrencies.
When there is a state that regulates cryptocurrency it becomes a recognition that the state views the importance of cryptocurrency, surely this is good and profitable for the future of cryptocurrency users.
Of course it's good because it draws people's attention to the cryptocurrency world and shows that cryptocurrencies are not pyramids and scams, even if governments are making changes in legislation and legislation in order to integrate cryptocurrencies into the country's economy. This is also a good example for other countries that do not know how to deal with cryptocurrencies and will also encourage them to adopt cryptocurrency at the legislative level.
I do not know why people want to fear Bitcoin regulation? We did not expect that governments will sit on their hands and allow Bitcoin and other Crypto currencies to go unregulated? How would we know how to submit our taxes, if we did not know how the governments defined the technology?
Let's just be glad that they acknowledge the technology and that they are taking the effort to regulate it. I can now pay my taxes and go on with my life, without worrying about them. ^smile^
Let's just be glad that they acknowledge the technology and that they are taking the effort to regulate it.
I can now pay my taxes and go on with my life, without worrying about them. ^smile^
https://portaldobitcoin.com/wp-content/uploads/photo-gallery/WhatsApp_Image_2018-05-05_at_09.34.32.jpeg?bwg=0
Today is happening to Bitconf Brazil and will discuss about the regulation.
Today is happening to Bitconf Brazil and will discuss about the regulation.
we live in the world whereas the centralized entities have an authority. Any single regulation about cryptocurrencies will decrease and almost remove the value of decentralized. Sadly societies aren't aware enough the problem. The process of regulation for cryptocurrencies is needed for the cryptocurrencies adoption what a sad truth.
It matters who you are. If you're an institutional investor who needs regulations to make sure that you're protected, then you're going to be pretty happy with this. If you're someone who doesn't trust the government, then you're of course going to think that this is an attempt by the government as a way to shut down bitcoin and try to centralize control.
Who knows if it's good or bad, we're going to have to see what the end result is.
Who knows if it's good or bad, we're going to have to see what the end result is.
Regulation is the process of putting things in a proper way in accordance with the law that may benefit not only government but especially users therefore any ways to put in bitcoin regulation in one country is a good sign that it is currently considering crypto a more legal and a great start for adaptation.
Brazil in the course of adjustment is a very good news optimistic for the bitcoin market especially for their people, and more specifically for their citizens who have participated bitcoin
Exclusive interview with President Fernando Furlan of the Brazilian Association of Cryptomoedas and Blockchain. Brazil in the process of regulation. Good or bad? https://www.criptomoedasfacil.com/entrevista-exclusiva-com-presidente-fernando-furlan-da-associacao-brasileira-de-criptomoedas-e-blockchain/
Crypto currency being regulated is inevitable and to be honest it is good. I personally think that the pros are outweighing the cons if Crypto currency is regulated (of course it will still depend on what laws they will pass). With Crypto currency getting mainstream everyday, being regulated will surely help new investors to try crypto currency because they know they will be protected by regulation.
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