Topic: Government regulation on cryptocurrency, GOOD or BAD? - page 2. (Read 3348 times)
It's time for all governments to make regulations about crypto, I'm sure that the government's presence will make the crypto market better because it can prevent scammers.
I think that wise regulation of crypto will be really more good than bad because currently crypto seems to me to be over-independent and that harms the market.
Regulation is good! It just depends upon the purpose of regulation. If the regulation is all about the improvement or equality of the people, then I am agree with that. However, most of regulations made by government are annoying. Annoying in a reason that they maneuver the mindset of every people because if we won't follow them, we will execute by the law.
In the future we will see that all the governments in the world will regularize and legalize cryptos because it will be the only usable currency in the world. Bitcoin will lead crypto and will take over the market in the future. Governments will have to accept and regularize bitcoin as their legal currency. They will also impose tax and I think it is also good for the economy of a country. If the regulation is to prevent crypto from being used as money laundering, I think it is good and very helpful for the community to avoid fraud, but with a note that the rules are made for the common interest not the interests of groups.
I think, regulation from the side of government on Crypto coins is too bad because it is decentralised furthermore government should leave something tax free for people so as to give them a free hand is some things. However, there are many tax free countries for Bitcoin and other crypto coins and people living there are using and enjoying these previous coins with lots of profit.
If government regulation on cryptocurrency it is very good for us. Because cryptocurrency is considered legal by this and everyone can use it safely.
We talk about Bitcoin being a decentralized cryptocurrency but we do not look at the extent up to which it can be controlled and can be manipulated by Whales and those who are sitting on high positions in the crypto world in terms of portfolios. These factors can easily and are manipulating cryptocurrency so it cannot be called as a decentralized one.Government intervention or regulation will be another addition to the already enlisted factors affecting it. And of course it has both good and bad impacts.
Regulation is need for the legalization of Cryptocurrency so all the government are regulate the crypto then only it will legalized in a country. So It is good for the peoples satisfaction and protection because government is responsible for after legalisation peoples are believe the government so regulation is necessary for all the countries.
I agree with the opinion that you convey the legality of security and comfort is very necessary for investors if the government regulation can guarantee it all I think is good for investorsWhat I know is that countries are planning to impose regulation on cryptocurrency exchanges but not on cryptocurrencies like bitcoin and ethereum because they already decentralized meaning no one can control it or make some changes in the coins itself. Regulations are good if they are not restrictive or there are too much rules on using any cryptocurrencies. If the aim of the regulation is protect the users and curb the use of cryptocurrencies in illegal means like money laundering and trafficking, it will be good.
To some extent it is good and to some it is bad. the good side is this people will trust it the most because of the back of the government and they will put their money in it, and the bad side is this government will impose tax on crypto earnings, trading and transactions and people will have to pay taxes. For this angle it is not good. I don’t want to pay tax to my government. 
I think that is a very good policy for the development of cryptocurrency in the future. I agree with your opinion, that with such rules can prevent illegal and abuse, or anything else negative in the use of cryptocurrency. as long as the government issues rules aimed at good in cryptocurrency and thinks positively about cryptocurrency, I will say that it is a good step.
besides that i think this will be good for the development of bitcoin. of course there will be more investors in bitcoin stock trading market. and in the end this will have an impact on the price increase 
If the regulation is to prevent crypto from being used as money laundering, I think it is good and very helpful for the community to avoid fraud, but with a note that the rules are made for the common interest not the interests of groups.
very much government got enough problem on their own. right now crypto posses a problem to most of them. regulation could keep crypto problem at bay for a moment before they decide to really deal with it.
If government is supporting and saying that bitcoins is legal then for me its good since nothing is required to make bitcoin world wide all we want just make it legal for all countries.
I think that is a very good policy for the development of cryptocurrency in the future. I agree with your opinion, that with such rules can prevent illegal and abuse, or anything else negative in the use of cryptocurrency. as long as the government issues rules aimed at good in cryptocurrency and thinks positively about cryptocurrency, I will say that it is a good step.
If bitcoin is free from any of the government regulations and i want to become a good investor in it but if government impose taxes then the margin in the crypto coins will be high i would like to use crypto for online payments and in this market i want to get success.
Good effect if have regulation by government at bitcoin transaction, by announce of government to allow using bitcoin transaction maybe make all people will invest their money at bitcoin and could increase their money growing up and more.
Government regulation comes with its own advantages and disadvantages. The regulations will reduce the FUD created in potential investors as cryptocurrency becomes legal in more countries. However, the regulations will make the governments have large control over the transactions and determination of the prices of coins on the market.
Definitely it's not just a question about whether it's good or not. As in all aspects of our life, the world is not black & white.
Crypto regulation is going to be there unless we have no borders between countries and governments ruling these countries. The main question is, where exactly the regulation may lead us to? As always, the answer is: it depends.
Crypto regulation is going to be there unless we have no borders between countries and governments ruling these countries. The main question is, where exactly the regulation may lead us to? As always, the answer is: it depends.
It is good to some extent because many of the newly created project need to be regulated by the government so that so that developer's will not go away with investors money at the end, and to some extent it is bad because the issues of decentralisation of crypto will then be defited if there is government involvement in crypto currency.
It's simple government just want protect us from money laundering, scammers or any form of illegal action using cryptocurrency. Regulating crypto is good especially in my country because nowadays many scammers are using the name of cryptocurrency just to invite people to invest on their illegal business.
In general, state regulation of cryptocurrency is inevitable. Whether we want it or not, only a state can allow it on its territory if it establishes certain rules for its circulation. This is inevitable and it means a new level of cryptocurrency introduction into our life, its legalization by the state. Overall, this is good. However, legalization may also be different, with different rules and different levels of regulation.
Probably it is bad because crypto is about freedom, not constant regulation. It is safe as itself, why should it be regulated?
Maybe it will be more good than bad because crypto today needs stability and guarantees of future, people are really worried for today and lack of law here works for it as well.
Jump to: