Topic: Cryptocurrency and regulation, do we need it? (Read 1107 times)
We need it to a degree. I think having cyber security forums like ciphertrace that help with AML are much more of a priority than say full regulation of the governments.
If you want to use cryptocurrency as a mode of exchange then cryptocurrency and regulation must go hand-in-hand. 
I believe you did not hear about the SEC commission's regulations over the exchanges. That is a cage of legalization team whilch is working against all the scams actions and here to trash the worst frauds.
You can find both the centralized and decentralized exchanges available in the market.
You may need to choose the exchange according to your own wishes.
You are saying that regulations are good ? And centralized exchanges are regulated therfor we must prioritize it if want more safety ? Am i right with that ? But i heard that decentralized exchanges are more secure/safe because no one can see our data's . we can trade on our own and no one control our funds . the hack and scams are also less to to little or no posibilities to occur at all .
If you want to use cryptocurrency as a mode of exchange then cryptocurrency and regulation must go hand-in-hand.
I believe you did not hear about the SEC commission's regulations over the exchanges. That is a cage of legalization team whilch is working against all the scams actions and here to trash the worst frauds.
You can find both the centralized and decentralized exchanges available in the market.
You may need to choose the exchange according to your own wishes.
If you want to use cryptocurrency as a mode of exchange then cryptocurrency and regulation must go hand-in-hand.
I have only one answer for present moment - we need no regulation now. Because market is small, and bitcoin using not a lot of people. It must be regulated only by crypto community.
State regulation of cryptocurrency is necessary, because through a certain regulation of cryptocurrency, its legalization takes place, and without legalization it cannot further develop. Without legalization of cryptocurrency by the state, the infrastructure for the practical use of cryptocurrency as a means of payment cannot be developed. Especially regulation is now necessary for the activities of ICO projects, no public scrutiny can eliminate the problem of fraud in ICO, this can only be done by authorized state bodies.That is very true. If other people in the crypto market wants to stay stagnant and red for more years then don't support regulation. But if they are using their heads then push it and have faith in it. Crypto is not just about our own interest but it should be about everyone.
I think it's quite worthed for a data verification that we might have to do, we need regulation!
Take a look at this article on cryptocurrency and regulation, do you agree with it?
https://medium.com/xtechblog/cryptocurrency-and-regulation-do-we-need-it-4ea0c6bb2733
https://medium.com/xtechblog/cryptocurrency-and-regulation-do-we-need-it-4ea0c6bb2733
There's always two sides of the story, mainstream wants a regulation this is to protect a huge number of people that are flooding the ICO, but Bitcoin was created to be decentralized, it's a status quo and I don't think it will be resolved some part of it says no and some part says yes to regulation.
I have only one answer for present moment - we need no regulation now. Because market is small, and bitcoin using not a lot of people. It must be regulated only by crypto community.
However, it should be borne in mind. that if there is no state regulation of cryptocurrency, then it will not develop further, because no infrastructure will be created for its use as a means of payment. We need a state regulation of cryptocurrency so that the cryptocurrency develops in a planonomic way and without undue delays. Without cryptocurrency regulation, fraud in it will constantly grow and we will not cope with it ourselves. 
I have only one answer for present moment - we need no regulation now. Because market is small, and bitcoin using not a lot of people. It must be regulated only by crypto community.
State regulation of cryptocurrency is necessary, because through a certain regulation of cryptocurrency, its legalization takes place, and without legalization it cannot further develop. Without legalization of cryptocurrency by the state, the infrastructure for the practical use of cryptocurrency as a means of payment cannot be developed. Especially regulation is now necessary for the activities of ICO projects, no public scrutiny can eliminate the problem of fraud in ICO, this can only be done by authorized state bodies.That is very true. If other people in the crypto market wants to stay stagnant and red for more years then don't support regulation. But if they are using their heads then push it and have faith in it. Crypto is not just about our own interest but it should be about everyone.
really expect too much for government/regulation to involved with it.They do see always negative things when it comes to crypto and havent considered their
benefits rather than always making some suspicion.
I think that the certain measure of liberty must be sacrificed for a certain measure of protection of other liberties,rights and security,just for this reason it is impossible and unrealistic hypothesis that we don't need regulations.regulations don't always mean bad things,I mean that each should have access to the opportunity to manage their assets in good faith, therefore there are too many regulations have already created and I think this process will be finished soon...
Wha are the good things you can get from regulations when you are using crypto currencies,if a country uses the tax amount for the development of country and increasing the life standards of citizen then it is okay to pay all the taxes they were asking for but many countires here are just making money and get all of them into their pockets but the citizen keep paying their taxes regularly with the hope of they will get something from it.
I think that the certain measure of liberty must be sacrificed for a certain measure of protection of other liberties,rights and security,just for this reason it is impossible and unrealistic hypothesis that we don't need regulations.regulations don't always mean bad things,I mean that each should have access to the opportunity to manage their assets in good faith, therefore there are too many regulations have already created and I think this process will be finished soon...
If you want a cryptocurrency to exist legally, then without certain regulation by cryptocurrency states is not enough. Regulation of cryptocurrency necessarily includes the establishment of its legal status and the determination of the order and conditions of its circulation within the state. This is quite normal and necessary for its further development. Of course, in the future, states will try to limit the circulation of cryptocurrency, since the goals and objectives of cryptocurrency and the state are somewhat different. However, without this, we still can not do.
I think for bitcoin there is no need for regulation, except altcoin. Both are very different, altcoin is a pure business idea and they print money based on coins and tokens they have, very different from bitcoin. Because there are hundreds of developers, ideas and energy to create bitcoin can run until now, many developers on bitcoin are not to get rich instantly. And bitcoin was created as an alternative payment as well as a criticism of the central bank.
For now, in my opinion, there is no need for regulation because the market is still in the development stage, where if a regulation is held, it will narrow the movement space which will result in investors not interested.Let the market be as wide as possible that reaches the entire world, so that networks can occur anywhere and in any country. If these conditions are achieved, it is better to make regulations that regulate trade, transfers, payment instruments, taxes, intensive and others concerning crypto traffic so that there is no crime or fraud. Besides that the state also feels the benefits.
I agree with you that regulation will narrow a lot of progress that still needs to be made for the cryptocurrency ecosystem to get a foothold for long term mass adaption.
it's odd how people want regulation for technology like bitcoin, but not real life things that have long term damage on the actual world.
seems like a way to stifle creativity and the tech that could be used to possibly replace fiat.
I have only one answer for present moment - we need no regulation now. Because market is small, and bitcoin using not a lot of people. It must be regulated only by crypto community.
State regulation of cryptocurrency is necessary, because through a certain regulation of cryptocurrency, its legalization takes place, and without legalization it cannot further develop. Without legalization of cryptocurrency by the state, the infrastructure for the practical use of cryptocurrency as a means of payment cannot be developed. Especially regulation is now necessary for the activities of ICO projects, no public scrutiny can eliminate the problem of fraud in ICO, this can only be done by authorized state bodies.That is very true. If other people in the crypto market wants to stay stagnant and red for more years then don't support regulation. But if they are using their heads then push it and have faith in it. Crypto is not just about our own interest but it should be about everyone.
I think for bitcoin there is no need for regulation, except altcoin. Both are very different, altcoin is a pure business idea and they print money based on coins and tokens they have, very different from bitcoin. Because there are hundreds of developers, ideas and energy to create bitcoin can run until now, many developers on bitcoin are not to get rich instantly. And bitcoin was created as an alternative payment as well as a criticism of the central bank.
For now, in my opinion, there is no need for regulation because the market is still in the development stage, where if a regulation is held, it will narrow the movement space which will result in investors not interested.Let the market be as wide as possible that reaches the entire world, so that networks can occur anywhere and in any country. If these conditions are achieved, it is better to make regulations that regulate trade, transfers, payment instruments, taxes, intensive and others concerning crypto traffic so that there is no crime or fraud. Besides that the state also feels the benefits.
I have only one answer for present moment - we need no regulation now. Because market is small, and bitcoin using not a lot of people. It must be regulated only by crypto community.
State regulation of cryptocurrency is necessary, because through a certain regulation of cryptocurrency, its legalization takes place, and without legalization it cannot further develop. Without legalization of cryptocurrency by the state, the infrastructure for the practical use of cryptocurrency as a means of payment cannot be developed. Especially regulation is now necessary for the activities of ICO projects, no public scrutiny can eliminate the problem of fraud in ICO, this can only be done by authorized state bodies.That is very true. If other people in the crypto market wants to stay stagnant and red for more years then don't support regulation. But if they are using their heads then push it and have faith in it. Crypto is not just about our own interest but it should be about everyone.
Quite the irony. While I don't believe Bitcoin is created to create and ditch government, but somehow more people believe government approval is needed to grow ecosystem. I believe government will eventually accept the fact that it's impossible to ban crypto, and they'll regulate it in order to make sure nobody will fall for scams, but the pessimistic approach that crypto won't grow without government help is a little annoying.
We've grown so much right now, without any help from government. Peer to peer exchange is almost impossible to stop, and government certainly realize that too.
We've grown so much right now, without any help from government. Peer to peer exchange is almost impossible to stop, and government certainly realize that too.
I have only one answer for present moment - we need no regulation now. Because market is small, and bitcoin using not a lot of people. It must be regulated only by crypto community.
State regulation of cryptocurrency is necessary, because through a certain regulation of cryptocurrency, its legalization takes place, and without legalization it cannot further develop. Without legalization of cryptocurrency by the state, the infrastructure for the practical use of cryptocurrency as a means of payment cannot be developed. Especially regulation is now necessary for the activities of ICO projects, no public scrutiny can eliminate the problem of fraud in ICO, this can only be done by authorized state bodies. 
I have only one answer for present moment - we need no regulation now. Because market is small, and bitcoin using not a lot of people. It must be regulated only by crypto community.
Thats right, I think we really need regulation, with regulations many people will know about bitcoin, many of them start to believe because Bitcoin have been legalized, from that bitcoin market will be wider and bigger, of course it will make the market more crowded and prices will increase, many positive effects will come if regulation happenI have only one answer for present moment - we need no regulation now. Because market is small, and bitcoin using not a lot of people. It must be regulated only by crypto community.
The regulation serves to bring every investor who still has doubts, I am sure many investors are already looking for bitcoin but he is still waiting for a regulation. The brain of an investor is not fixed on this day, but they will guess what will happen and what must happen in the future. Having a prediction is important, so that you believe in the future of bitcoin, don't just focus on today. I have only one answer for present moment - we need no regulation now. Because market is small, and bitcoin using not a lot of people. It must be regulated only by crypto community.
The community cannot effectively fight cryptocurrency fraud, especially in ICO. Scammers will simply ignore any social rules. I'm not talking about hacking. Only state bodies can effectively deal with these problems. Therefore, we need the legalization of cryptocurrency if we are going to feel more secure with cryptocurrency, and not at our own risk. Jump to: