Topic: Brazil in the process of regulation. Good or bad? - page 2. (Read 567 times)
Regulation on crypto is inevitable and is a step into its adoption into our global system. Nothing gets past the government anyway especially if it means money. Just hoping that it won't be very strict regulations.
I think a country monetary policy regulation encryption is very normal things, not what is still a country by the development of encryption currency without regulation, regulation can better monetary constraints encryption, create a good environment to investors.
This is good for whole crypto users because the support of news like this make the crypto price up. Right now i only think in one side how it impact the price. As we know brazil is one of the most 5 country that impact. But it just politicians that cannot totally believe at it.
Before we do see regulations as a bad thing but this is needed for the market to grow up and enhance things that might come to make it more healthy and valuable.
I thought that Brazil was already regulated before because I've seen a thread before here in forum that there are more than 150 stores that accepts bitcoin in there.
I thought that Brazil was already regulated before because I've seen a thread before here in forum that there are more than 150 stores that accepts bitcoin in there.
Regulation without restrictions of usage is a good choice. When governments create regulations with restrictions in usage, automatically people feel unsecured in using it. This leads to the decrease in the circulation of digital currency around the market along with the low trading volume.
In recent years, many countries in South America are beginning to have open policies for the cryptocurrency market, which is a very positive signal. The cryptocurency market in general is increasingly receiving support from many countries around the world, so the potential for growth in this market is enormous.
It’s a good sign and would be first drop of rain & hoping other countries will also follow Brazil.
This regulation will depend on the rule, is government will facilitate crypto currency? If yes then it is a very good news.
This regulation will depend on the rule, is government will facilitate crypto currency? If yes then it is a very good news.
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/
It will depend on what comes out of it, if it's a regulation that treats cryptocurrencies as just another way to invest your money and they are only trying to bring a little certainty to individuals and businesses then regulation is going to be a good thing, but if they are trying to criminalize every single person holding cryptocurrencies arguing that they could be criminals then regulation is going to be bad.
What is going on, the Crypto-Currency's Syndicate creation? I think it's not necessary a new kind of "association" in Brazil, as there is already many of them fully of bureaucracy, corporatism and bad services. It makes things more centralized, especially involving a guy who was involved in Federal Government and UN roles, the last one is well known by its pushy agenda imposed everywhere.
The individual is already too weak in Brazil and the corporations are already too strong, measures like that only make the system's maintenance.
The individual is already too weak in Brazil and the corporations are already too strong, measures like that only make the system's maintenance.
Regulation always gives crypto community a scare for some reason. Regulation is always good. It makes everything secure, it helps people have more faith in the crypto currency exchanges in general. This is what all the cryptos need right now is effective and honest coins which gather the trust of general public.
when we read news so we understand the reason for the adoption of the cryptos in Brazil.
https://www.reuters.com/article/banco-neon-liquidation/brazil-central-bank-liquidates-banco-neon-in-setback-for-fintech-idUSL1N1SB0EI
https://www.reuters.com/article/banco-neon-liquidation/brazil-central-bank-liquidates-banco-neon-in-setback-for-fintech-idUSL1N1SB0EI
Good, regulation is always good. It improves the security and encourages institutional investors.
And bad regulation is bad
If the outcome of the regulation is fine, meaning that cryptocurrencies are accepted and possibly taxed, it's fine, acceptable. If they start issuing paid licenses to businesses or even worse, limit the access to cryptocurrencies or even ban them, it's going to be bad regulation.
It would be great if they could stay away and let the market regulate itself.
Well, yes of course
. What I meant is that the process of making regulations is a good thing. I am tired sick of FUD over regulations.I haven't seen a latter example yet.
Regulation is actually a good thing for bitcoin but if the implement too much of tax for bitcoin then it will affect the investors and it can't be usable in regular basis.But it will overcome the fear of banning it will leads to more investors so if they have appropriate regulation both benefit for user and the country then it is good.
The regulation sometimes making bitcoin useless, it's like the point of using blockchain system is to make everything decentralized, but the government want it to be centralized so that they can control over it and finally do whatever they want, to do that, they need to make a really tight regulation in regard to limit what people inside that region can do when using bitcoin, therefore regulation is not always good, sometimes it have bad effect aswell.
Regulation is actually a good thing for bitcoin but if the implement too much of tax for bitcoin then it will affect the investors and it can't be usable in regular basis.But it will overcome the fear of banning it will leads to more investors so if they have appropriate regulation both benefit for user and the country then it is good.
In the long run, digital encryption is a good thing!
In the short term it will affect market stability!
Regulation means the legality of the digital cryptocurrency, which helps the development of digital cryptography in Brazil!
In the short term it will affect market stability!
Regulation means the legality of the digital cryptocurrency, which helps the development of digital cryptography in Brazil!
Brazil's slums are the world's crime-ridden world!
Many drug dealers may already be trading in digital encrypted currency!
Effective regulation can fight crime! I think it's a good thing!
Many drug dealers may already be trading in digital encrypted currency!
Effective regulation can fight crime! I think it's a good thing!
Brazil, until now, looked like a very attractive place in the world of cryptocurrencies, I think you need to wait and see what happens in the end with the government.
The phenomenon of electronic money is causing some legal problems, the unclear status of Bitcoin causes unclear legal consequences arising from Bitcoin phenomenon. Including in Brazil who is now questioning about bitcoin.
Regulations in the cryptocurrency? Hm, that sounds like diminishing the purpose of the decentralized currencies from the core of its principle and thus creating another bunch of fiat world.
Regulation is all right until the taxation and tracing of investment but they wont be worthy if they are going to disturb the way this world works.
There are always two sides of that and the fate depends on the core functioning. If by law they touch it then they are fiddling with it and its bad for it.
Regulation is all right until the taxation and tracing of investment but they wont be worthy if they are going to disturb the way this world works.
There are always two sides of that and the fate depends on the core functioning. If by law they touch it then they are fiddling with it and its bad for it.
When you are talking about Brazil that means you are talking about 5 nations which are under in BRICs .
If Brazil legalize crypto asset inside the countries then other BRICs nation will also think about to legal crypto inside.
Brazil, Russia, India, China and south Africa, these are the 5 countries which comes under BRICs nations.
If Brazil legalize crypto asset inside the countries then other BRICs nation will also think about to legal crypto inside.
Brazil, Russia, India, China and south Africa, these are the 5 countries which comes under BRICs nations.
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