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Topic: Crypto regulations still have a chance? - page 3. (Read 977 times)

full member
Activity: 1176
Merit: 162
The regulations will not really solve this issue, But I guess it will minimize those bad activities which are good. Scammers will always find a way there so annoying. In our status now looks like we really need the regulation to enable us to attain crypto adoption so that more people will trust and feel safe with cryptocurrency but regulation now is strict on big projects like Facebook Libra considering it has so many users, I guess it takes time but for sure we are going there.
full member
Activity: 887
Merit: 100
maybe, with the presence of crypto regulations can at least eliminate the ICO project fraud in this forum, but the problem is who can manage this? government? President? because I think there are some countries that don't like the crypto industry.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
investor's confidence in crypto will certainly increase, with that, more money will flow in the market and that would help us to increase the adoption that would eventually decrease the manipulation in the market. We all like that so we need to agree with the regulation and let us not think it has no chance since crypto is growing with lots of businesses already adapting to it and that would already call the government attention to legalize crypto.
With regulation, for example, you may not be able to create as many as bitcoin addresses you want. Government will allocate one or two bitcoin addresses for you and only with that you may transact bitcoins. This will help governments to track you easily. You cannot be anonymous even with bitcoin payments. This is how exactly regulation will work if regulation will be implemented.

I agree that regulation will increase confidence among investors but that benefit will exist only in short-term because in long run governments start interfering in all your crypto activities. We like or not that one day or other governments may start implementing regulations but we must innovate to stay safer in terms of protecting our privacy and our savings.
full member
Activity: 542
Merit: 119
Hello World 👽
You cannot remove a scammer from this market. And scammer exists everywhere, so you need to protect yourself from them. If you do not have the knowledge, you will surely be fooled and lose money
Yes, I do agree with you, it is not even possible to make this place completely scammer free because they exist everywhere and each and every time they come with a different strategy. That's why it's is a bit difficult task and due to such conditions, we have to keep information about the scams and research about it to understand it in a better manner. This kind of knowledge will help you to not get involved in scams. 
member
Activity: 434
Merit: 19
Only those who like been controlled by government will pray for regulations, they want to do things only when the government says they should, the world is full of such people this days and that's the only good thing that regulations can guarantee us, regulations can't deal with scammers 100%
hero member
Activity: 2856
Merit: 667
People needs something to lean on and only regulations can get them that, regulations can only solve trust issues that crypto is currently facing, nothing more, most people wants government approval before investing on crypto

Agree, investor's confidence in crypto will certainly increase, with that, more money will flow in the market and that would help us to increase the adoption that would eventually decrease the manipulation in the market. We all like that so we need to agree with the regulation and let us not think it has no chance since crypto is growing with lots of businesses already adapting to it and that would already call the government attention to legalize crypto.
sr. member
Activity: 1638
Merit: 278
Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?
Government regulation on cryptocurrencies may give benefits in short-term but in long-term we can expect lots of other big problems just because of government's interference. A decentralized system should remain the decentralized on all the times so that we can avoid all possible problems. Getting rid of scammers does not need to be regulated because there are other possible solutions are available for filtering scammers and to stay safer with crypto related activities.

When people are taking action against scammers like avoiding them by doing enough due diligence before investing then scammers make quit from crypto space. Yes, this kind of things will be possible over the time until then we must need to get practice to stay safer around scammers.
full member
Activity: 1148
Merit: 116
People needs something to lean on and only regulations can get them that, regulations can only solve trust issues that crypto is currently facing, nothing more, most people wants government approval before investing on crypto
full member
Activity: 1148
Merit: 116
I think cryptocurrency regulation is not very important because the fact that I read in whitepapper bitcoin shows that Satoshi Nakamoto wants to create a currency that cannot be controlled by anyone. Only coin holders can control their coins, so cryptocurrency does not need regulations to develop, it's just that maybe for ICO and IEO it is very different from bitcoin and may require clear regulations.
What's exactly what Bitcoin whitepaper said, Bitcoin can't be controlled by anyone but are all coins like Bitcoin? No, we have over 7000 different altcoins in crypto space today, many of these coins can be controlled, ask me how? Through centralized exchanges, do you know how many exchanges delist Monero? Regulations is already in work
newbie
Activity: 122
Merit: 0
Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

You cannot regulate crypto, it wasn't meant to be regulated from the get-go, and due to it's decentralized nature, you wont see any real regulations either. Regulations will be from exchanges, but we've got great DEX's such as Stakenets Lightning DEX, which is by far the most promising one I've seen so far!
legendary
Activity: 3108
Merit: 1029
I think cryptocurrency regulation is not very important because the fact that I read in whitepapper bitcoin shows that Satoshi Nakamoto wants to create a currency that cannot be controlled by anyone. Only coin holders can control their coins, so cryptocurrency does not need regulations to develop, it's just that maybe for ICO and IEO it is very different from bitcoin and may require clear regulations.
Agree with you, we can not set rules with cryptocurrency. This is a decentralized cryptocurrency and everyone has control over it. We only need ICO regulations to restrict scam projects in this market
It should be a self regulation that implemented in the blockchain. The dev has control over the blockchain and that means all of rules that being set on the blockchain created by the dev too or it can be determined by the community too. decentralized doesn't meant none can control it.
hero member
Activity: 2744
Merit: 588
Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?
I think only regulations can stop cryptocurrency dump because scammers can announce only fake projects. Regulations are needed everywhere in our universe. Some regulations should be fixed from blockchain. If new projects choose this blockchain, they have to follow these rules like they can't increase or release any amount of tokens they want and coin should have maximum supply.

If you think that the government and their rules will save you from being scammed you must be living in a different world.
Regulations aren't needed and won't change much. They will reduce the number of scams but only those who are not cunning and daring enough.
I'm sorry but I will disagree with that, for me, regulation will protect investors from investing in crypto, though it's pretty basic that everyone who are investing must have the knowledge but sometimes there are project that looks deceiving because they look legit, without regulation, they will be very confident with their scam activities.

The regulation will punish those who violate the law, especially the scammers of those, therefore it will reduce the scams as no one would commit a crime and end up to be in jail.

It's not the scammers that are the biggest problem in crypto but the people who grew up thinking due diligence is not important because there's a government official's shoulder to cry on.

With regulation, there will be more businesses going to adopt with crypo and they will be the one to make an initiative to help spread the awareness on  the risk of crypto investing, and that would help people to understand the real status on crypto in terms of its risk. Regulation will help minimize the scams, that's for sure, but it will not eliminate the scams, and we always choose regulation as it would help majority of us.

Regulation is good but who will do such job?
Difficult to create a Central Authority for all those blockchain projects as who will be the leading personalities to manage this organization?
If every country will have their Regulating Body, there will be different rules and regulations, depending on what they perceive about blockchain technology.
We will not see regulation on this field in the next coming years. If the government will find how to tax these crypto users, maybe it will be the start of thinking the regulation of projects as well.
hero member
Activity: 2856
Merit: 667
Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?
I think only regulations can stop cryptocurrency dump because scammers can announce only fake projects. Regulations are needed everywhere in our universe. Some regulations should be fixed from blockchain. If new projects choose this blockchain, they have to follow these rules like they can't increase or release any amount of tokens they want and coin should have maximum supply.

If you think that the government and their rules will save you from being scammed you must be living in a different world.
Regulations aren't needed and won't change much. They will reduce the number of scams but only those who are not cunning and daring enough.
I'm sorry but I will disagree with that, for me, regulation will protect investors from investing in crypto, though it's pretty basic that everyone who are investing must have the knowledge but sometimes there are project that looks deceiving because they look legit, without regulation, they will be very confident with their scam activities.

The regulation will punish those who violate the law, especially the scammers of those, therefore it will reduce the scams as no one would commit a crime and end up to be in jail.

It's not the scammers that are the biggest problem in crypto but the people who grew up thinking due diligence is not important because there's a government official's shoulder to cry on.

With regulation, there will be more businesses going to adopt with crypo and they will be the one to make an initiative to help spread the awareness on  the risk of crypto investing, and that would help people to understand the real status on crypto in terms of its risk. Regulation will help minimize the scams, that's for sure, but it will not eliminate the scams, and we always choose regulation as it would help majority of us.
hero member
Activity: 2184
Merit: 531
Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?
I think only regulations can stop cryptocurrency dump because scammers can announce only fake projects. Regulations are needed everywhere in our universe. Some regulations should be fixed from blockchain. If new projects choose this blockchain, they have to follow these rules like they can't increase or release any amount of tokens they want and coin should have maximum supply.

If you think that the government and their rules will save you from being scammed you must be living in a different world.

Regulations aren't needed and won't change much. They will reduce the number of scams but only those who are not cunning and daring enough.

It's not the scammers that are the biggest problem in crypto but the people who grew up thinking due diligence is not important because there's a government official's shoulder to cry on.
hero member
Activity: 812
Merit: 512
I think cryptocurrency regulation is not very important because the fact that I read in whitepapper bitcoin shows that Satoshi Nakamoto wants to create a currency that cannot be controlled by anyone. Only coin holders can control their coins, so cryptocurrency does not need regulations to develop, it's just that maybe for ICO and IEO it is very different from bitcoin and may require clear regulations.
Agree with you, we can not set rules with cryptocurrency. This is a decentralized cryptocurrency and everyone has control over it. We only need ICO regulations to restrict scam projects in this market
member
Activity: 798
Merit: 38
I think cryptocurrency regulation is not very important because the fact that I read in whitepapper bitcoin shows that Satoshi Nakamoto wants to create a currency that cannot be controlled by anyone. Only coin holders can control their coins, so cryptocurrency does not need regulations to develop, it's just that maybe for ICO and IEO it is very different from bitcoin and may require clear regulations.
For bitcoin it is. However how about those ICO projects that have committed so many crimes in the past? What can you say about their protocol? Authorities are just scared that if this continue too many investors will suffer from scam and fraud. New projects are taking advantage of this boundless regulations. There are some who got punished but the culprits of other scams? They just freely roaming again and doing new scam project all over again.

This is more reason we need regulation, which some are against and others are supporting. If regulation eventually has its full course, then the interest of investors, most especially the novice can them would be protected.
Although, I am not in full support of regulation, because it has its own flaws, but if some conditions can be fulfilled to remove the flaws, then the better.
hero member
Activity: 1372
Merit: 503
I think cryptocurrency regulation is not very important because the fact that I read in whitepapper bitcoin shows that Satoshi Nakamoto wants to create a currency that cannot be controlled by anyone. Only coin holders can control their coins, so cryptocurrency does not need regulations to develop, it's just that maybe for ICO and IEO it is very different from bitcoin and may require clear regulations.
For bitcoin it is. However how about those ICO projects that have committed so many crimes in the past? What can you say about their protocol? Authorities are just scared that if this continue too many investors will suffer from scam and fraud. New projects are taking advantage of this boundless regulations. There are some who got punished but the culprits of other scams? They just freely roaming again and doing new scam project all over again.
full member
Activity: 399
Merit: 100
Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?
I think only regulations can stop cryptocurrency dump because scammers can announce only fake projects. Regulations are needed everywhere in our universe. Some regulations should be fixed from blockchain. If new projects choose this blockchain, they have to follow these rules like they can't increase or release any amount of tokens they want and coin should have maximum supply.
member
Activity: 1204
Merit: 38
Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?
Regulations doesn't doesn't solve anything, it just give you extra burden which is called taxes. Cheesy

Regulating something doesn't keep you secure from scammers because they know how to scam you without giving you their identity in an online deals so you can make a compliant when it is regulated and got laws against these scammers but there you have less chance to find the person who scammed you.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
I think cryptocurrency regulation is not very important because the fact that I read in whitepapper bitcoin shows that Satoshi Nakamoto wants to create a currency that cannot be controlled by anyone. Only coin holders can control their coins, so cryptocurrency does not need regulations to develop, it's just that maybe for ICO and IEO it is very different from bitcoin and may require clear regulations.
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