I think the government's ban on bitcoins in their countries is something BAD, bitcoin can bring to countries that have not developed some of the projected wages they can make, but that's the economy. Developed as strong as Japan and America.
Bitcoin is really a boost to economy and we must appreciate this fact. There are bad wishers for bitcoin who are continuously making wrong statements and creating FUDs. We need to overcome this and to promote good image of bitcoin, we need to make sure queries must be answered in best possible way. Governments are legalizing bitcoin slowly. 
Topic: Government regulation on cryptocurrency, GOOD or BAD? - page 20. (Read 3350 times)
The government clearly wants to provide the best for regulation on cryptocurrency, because the government does not want many to be harmed if it gives wrong regulation.for me the government is right.
govt regulations are immutable unless crypto totally want to move away from fiat.
I think the government's ban on bitcoins in their countries is something BAD, bitcoin can bring to countries that have not developed some of the projected wages they can make, but that's the economy. Developed as strong as Japan and America.
It would be good for government to accept bitcoin other wise they're wasting there time to stop bitcoins.They can include some taxes on bitcoin but they can't stop it nor they can trace our transaction and control its price. I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
Regulation of the crypto currency by the states is inevitable. There are both positive and negative points. And there are many more positive ones. Regulation, first of all, means that the state classifies the crypto currency, makes it legitimate and takes under its protection, including judicial protection. In addition, the conditions for its circulation are established and, as a rule, its taxation is introduced. All this is generally positive. However, the crypto currency under regulation partially loses its anonymity, because the rules of the holders of crypto-currencies imposed by exchange rules oblige you to register and identify your identity. 
I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
It depends on the particular country and particular people in the government system that we will see, some governments like Thailand are doing the good regulations on bitcoin and cryptocurrency that leads them to acceptance. 
I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
In my country, the government is very corrupt! Therefore, no matter what law they have adopted, I do not believe that it is aimed at the welfare of people ((
Regulation of the crypto currency is a very important issue that can not be denied. And to regulate this segment does not mean to strangle it with different sanctions, but to make it free, transparent and reliable. As practice shows, in the absence of a clear regulation, the rights of users can not be protected
I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
Regulations are good as long as they aren't too strict. They will help with mass adoption as more people will trust crypto.
Government regulation on cryptocurrency is good only, if the government accepted crypto as legal means then it will be very good for the economic growth of the country. Legalization is depends upon the rules and laws of the country. If it is ok means then tax will be implement then the growth of the country and income of the country would be great. That's why many countries now accepted crypto as legal in their country.
I think government regulations is good for cryptocurrency. It only implies that if there is regulations, there is recognition on the part of the government.
In that sense, crypto enthusiasts feel more secured and confident with their investment.
I think it depends on what rules the government applies to cryptocurrency. if the regulation is in the form of a ban it will certainly have a negative impact on the crypto market. but if the rules and regulations are made so that both get the same benefits. certainly will have a good influence on the development of bitcoin In that sense, crypto enthusiasts feel more secured and confident with their investment.
I think the government's ban on bitcoins in their countries is something BAD, bitcoin can bring to countries that have not developed some of the projected wages they can make, but that's the economy. Developed as strong as Japan and America.
the government will never be able to provide and implement regulations on cryptocurrency. in my opinion it's very bad because it can make traders confused because these regulatory conditions can be utilized to be able to provide bad news and good news and can manipulate bitcoin prices on the market.
I do not know in other countries how but for my country the government considers Bitcoin to be white space, not interested and does not work. It is not a viable signal to make the popularity of Bitcoin in the community.
The Blockchain wasn’t made for the government to control it.
It may not be for the government but the technology can be adopted in various sectors and government can take advantage of it too.It is an open platform and gives people total freedom and complete control over their money (nobody does it for you, you do it yourself) transactions are being made people from one wallet to the other and also processed by the people too.
You are talking about cryptocurrency not with blockchain on this part.Government can only control the money in their possession and banks, Bitcoin and other cryptocurrencies are completely out of their control. They can only stop you from withdrawing money from your wallet/exchange to bank.
This is the bad side but what if the government starts supporting crypto's? many investors will have peaceful mind of starting putting money on it. 
I think government regulations is good for cryptocurrency. It only implies that if there is regulations, there is recognition on the part of the government.
In that sense, crypto enthusiasts feel more secured and confident with their investment.
Right now as we can see there are negative aspects of bitcoin too. This is being used in underworld. All sort of crimes and problems are being carried out with bitcoin because of its anonymity. No one can trace you back so people are using it for ransomed and all such crimes. So it would be great if government takes some good action and regulate is thoroughly. In that sense, crypto enthusiasts feel more secured and confident with their investment.
I think government regulation of start up in blockchain will curb the rate of scam in cryptocurrency space to it is minimal, at this moment it seen as free terrain where scammer are roaring around and stealing from people.
Of course by making regulations about bitcoin, the government automatically recognizes bitcoin, I hope that the state will legalize bitcoin so that it can collect taxes so that it can increase state income.
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I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
As my opinion their is a good news and bad news about the government regulation in cryptocurrencies. The good news is... if the government regulates cryptocurrencies the scammers can not easily penetrated because their is an agency that looks their credibility if they are legits or scam. But the bad news is... when their is government officials abuses his power to manipulates the price of cryptocurrency.
I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
It wasn't bad for me at all this days scammers and fraud systems in cryptocurrency arises and we cannot stop it by ourselves as the time goes by it will may be more intense. By this SEC and other country regulations on its own standards on accepting cryptocurrency it will be a good thing to lessen this frauds whilst in some other things it is not good becauae of expose identity to one's who are requesting it like ICOs. Jump to: