Topic: Government regulation on cryptocurrency, GOOD or BAD? - page 7. (Read 3350 times)
In my country, the government banned Bitcoin and that has hindered the trading process. And so, I think that is bad news for us.
Well can you say about this regulations, GOOD or BAD?
Cryptocurrency in this matter also becomes something that is contemporary from the government to trust access and transactions and the opposite:The bad one:
that cryptocurrency will disrupt banks, governments, and big companies around the world for once and forever.
The good one:
cryptocurrency is a new asset class that allows decentralized applications to function / operate.
The conclusion:
This is returned to the user or the government, in using Cryptocurrency to access the internet both transactions, data storage etc., which is the same for each collection in the future.
some regulation is always have two side, good and bad. and we cant blame people that say about the regulation is going to negative or positive think. government just want to keep, to make secure crypto and their country. im sure not all people will agree about that. but every part have the other solution like if you wont pass kyc, you can trade with broker or the other local exchanger that always hide about customer's information.
they have their own reason,why they support one of them.without strong based we could not said it bad or good.and we have to appriciate people's choice as long as its good for crypto future.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’s pretty normal that a government must take their part in every profiteering involving their people and thats what we called taxation in which obligation of every single person in the world if he starts to gain already
For me this is one way that governments are extending their arms fo he betterment of the government and cryptonians relationships things that will benefits both
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?
I don’t need the government to get involved in this, they are very bad and will ruin this for good. I don’t even want to cryptocurrency to replace fiat, let it be on its own and let fiat be on its own, they all have different purposes they are made for. So government should stay out of this and let crypto be on its own so that we have complete freedom and a 100% control over what ever we have in cryptocurrency.
The government's supervision of cryptocurrencies has its advantages and disadvantages!
It is beneficial to supervise the fight against some crimes and reduce the criminal activity of cryptocurrencies!
The disadvantage is that the privacy of cryptocurrency investors is exposed!
It is beneficial to supervise the fight against some crimes and reduce the criminal activity of cryptocurrencies!
The disadvantage is that the privacy of cryptocurrency investors is exposed!
Government regulations for cryptocurrency always exist in two ways. The positive side for the government, ensuring the transaction occurs under the control of the government. On the negative side, the interests of investors are narrowed. Prices are controlled publicly.
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?
I think there are two sides to it. These rules definitely affect the features of crypto. Maybe the transaction process will be affected. But then, illegal trading activities have taken place. Drug trafficking, smuggling or money laundering has taken place and there have not been specific measures to deal with them while at the same time ensuring crypto transactions take place.
I believe that starting to regulate ICO and to tighten the rules for conducting ICO is very important now. It's necessary to protect stupid investors if they can not do it themselves. But trying to solve the problem black market of crypto currencys is useless process. This market existed before the crypto currency born and can exist without them.
some regulation is always have two side, good and bad. and we cant blame people that say about the regulation is going to negative or positive think. government just want to keep, to make secure crypto and their country. im sure not all people will agree about that. but every part have the other solution like if you wont pass kyc, you can trade with broker or the other local exchanger that always hide about customer's information.
they have their own reason,why they support one of them.without strong based we could not said it bad or good.and we have to appriciate people's choice as long as its good for crypto future. 
some regulation is always have two side, good and bad. and we cant blame people that say about the regulation is going to negative or positive think. government just want to keep, to make secure crypto and their country. im sure not all people will agree about that. but every part have the other solution like if you wont pass kyc, you can trade with broker or the other local exchanger that always hide about customer's information.
I think if the government provides a number of rules and as long as the regulation is not detrimental to crypto currency users then I agree, because this is a form of government concern for currency users
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?
I am not totally against government regulation in cryptocurrency as it can help to track fraudsters and scammers. It will be okay if the government decides to regulate it. 
Everything depends on their alignments, if their regulations are more in favor of cryptocurrency of course it's very GOOD, and the government will certainly provide various facilities to each crypto user so that they can use crypto freely both as currency and value assets. However if there's a thing on the contrary of course it's BAD, and I think there's no positive benefit, which we can take.
The situation could be described as good or bad depending on how one see the larger picture. I believe the world of cryptocurrency runs on the decentralized blockchain technology and as such, government continuous interference in the matters of crypto would not appropriate.
It has both, advantages and disadvantages. Here in Germany Bitcoin is officially accepted as a payment instrument, it's nice BUT it means at the same time you pay TAXES TAXES and more TAXES, even for POS you must pay taxes, it's sad 
I have always thought that cryptocurrency regulations is bad because it is going to come with quite a number of limitations. That should not take away the fact that cryptocurrency regulations may come with some advantages, one of which is to bring the numerous scams to and end.
Government regulations will cause a good impact on the crypto industry in total as it will meet the approval of several (about 80% of governments from different countries across the globe) governments. This will eventually clear the doubts and fear most potential investors are facing due to the attacks coming from the governments now.
Investors and consumers will feel more secure with their investment in your project if they see you have a regulatory stamp of approval from a jurisdiction that protects their interests. It gives them certainty that you are operating above board and provides a place they can go to argue any grievances should something go wrong. Regulation is a good thing and it helps the adoption of the blockchain technology.
if government regulations on crypto to prevent crypto abuse such as for terrorist financing or money laundering then I think
that is a good thing, provided that the rules made do not harm us as cryptocurrency users, I don't think that is a problem
that is a good thing, provided that the rules made do not harm us as cryptocurrency users, I don't think that is a problem
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