Topic: How to regulate crypto? - page 2. (Read 709 times)
I actually expect a regulation soonest. Truth be told, absence of regulation is limiting mainstream adoption of cryptocurrency and is high time that relevant authorities such as SEC develop an appropriate framework for its adoption.
Do we need to regulate crypto so that more countries will allow it?
Adjusting Crypto is very difficult. I expect a revolution that governs everything that is transparent and is believed by more countries around the world. But that seems very difficult to happen.Things are being run by whales and the market is still not protected by the SEC. Crypto's future is blind.
I think we just need to wait.
Bitcoin price is so unstable right now. We just need the market to grow and become like "mature" so that everyone will trust it more.
In order to all other countries to accept it, we need a lot of actions from the goverment of those countries and other financial instutitions.
Bitcoin price is so unstable right now. We just need the market to grow and become like "mature" so that everyone will trust it more.
In order to all other countries to accept it, we need a lot of actions from the goverment of those countries and other financial instutitions.
I don't think crypto should be regulated at all. Finally, we have a tool that can make these regulations, tariffs and taxes obsolete and expose how useless and harmful they are.
Yes, if somebody starts regulating the cryptocurrency, it will turn to something that will not differ a lot from fiat. Everybody is happy with the crypto as it is decentralized.
Besides, there will be this element of uncertainty among the investors about the implementation of taxes on the earning that comes form crypto and majority of them just would not invest their money anymore. Risk is inversely related to the demand for crypto and can push down the demand for a crypto after any such policy is implemented that disturb the value of crypto.
I don't think crypto should be regulated at all. Finally, we have a tool that can make these regulations, tariffs and taxes obsolete and expose how useless and harmful they are.
Yes, if somebody starts regulating the cryptocurrency, it will turn to something that will not differ a lot from fiat. Everybody is happy with the crypto as it is decentralized.
But the way on how they will regulate it is a question.
We're here because we like on how crypto's are decentralized and there's no need for the intervention of the government but if we need to expand and add more investors, they can work for it.
Do we need to regulate crypto so that more countries will allow it?
I agree on your idea, To other countries allowed the cryptocurrency we must regulate it and has a great result of it.Infact it has a possible to many countries allowed crypto/bitcoin to use by their people because there's a lot of great effect on it rather than bad effect.
I think there needs to be a crypto bond and state, where the state gets the result of crypto, it aims to maintain the crypto and convince investors.
Do we need to regulate crypto so that more countries will allow it?
Regulating crypto is an oxymoron since crypto is based on decentralization and regulations are centralized - unless you create a DAO for regulations.
I don't think crypto should be regulated at all. Finally, we have a tool that can make these regulations, tariffs and taxes obsolete and expose how useless and harmful they are.
Yes, if somebody starts regulating the cryptocurrency, it will turn to something that will not differ a lot from fiat. Everybody is happy with the crypto as it is decentralized.
Do we need to regulate crypto so that more countries will allow it?
I dont think we should.
Crypto is borned to be decentralized. No individuals should regulate it by any ways.
In order for more countries to allow, we just need to give it more time. The market is too young know we cannot tell.
As long as protocols of any token or coin is not changed, it remains decentralized and as long as regulation and some laws are in place, it makes it easy for growth as investors and institutions tend to feel more relaxed with the space to invest and the more the money flow, the more it is for the market to enlarge.
There is no inevitable connection between the regulation for crypto and being recognized by more countries, besides， i even don't think that crypto needs to be regulated because decentralization have no need of regulation.
The regulation of cryptos is not our main problems , in each country that we are residing , will accept cryptos then they are the one who regulate cryptos if the cryptos will be legal in that certain country, where the cryptocurrency is legit.
yes all need a rule if you want to get legalized or recognized in the country, because if there are clear rules, then we as users or holders of the crypto currency will be more comfortable and get legal protection from the government
Some level of regulation is needed, especially if we with to see crypto more as a currency. First, cryptos must be very stable(for example tether, which usually stays in the $1 equivalence zone). Regulation will mean that volatility should reduce remarkably. And here is the case market is driven by demand and supply. It becomes extremely monumental to control forces of demand and supply of fixed coin/tokens in a decentralized environment.
I think we can't make it become stable if you mean by price. Because it has depend on supply and demand on the market, so there is nothing to comparing Bitcoin with USD value or any local fiat just if want to be regulate it. But i was interesting if regulation could be makes in some level, such an example accepting Bitcoin as digital currency with such tax term condition or what about only some fields business that can accept Bitcoin as digital payment likes Retailer shopping, Hotels, travel agent, exchanges currency, etc.
Firstly, an international commission should be established where representatives from many countries take part. Afterwards problems in the market should be identified and regulated accordingly. But it seems to be early for this.
Do we need to regulate crypto so that more countries will allow it?
I dont think we should.
Crypto is borned to be decentralized. No individuals should regulate it by any ways.
In order for more countries to allow, we just need to give it more time. The market is too young know we cannot tell.
Do we need to regulate crypto so that more countries will allow it?
This here is where you will meet a heavy divide. On one hand, you have the founding members who have been here since day one. They believe in the original concept and plan for Bitcoin to remain independent and decentralized, straying away from the modern model of the financial system. These day one guys/gals make up the original core of the community. On the other hand, you have your causal investors who see the use in innovation, as well as the potentially profit this platform can bring a few years down the line. These members want to comply with the already existing laws and regulations, hoping to gain acceptance from the governments in order to navigated the scene legally.
It really is a power struggle. I'm not 100% sure, but this may have been the cause for the forks. Not everyone was looking to turn profit with the split. Some supported it with the beliefs that hold true to the original idealogy the project was founded upon.
If you look way back then and start to compare the scene to now. Who would have known it would have made it this far?
Do we need to regulate crypto so that more countries will allow it?
Related to that, Bitcoin is no different from other devices or resources that must follow different rules in each country.
How to regulate crypto? then, the answer is, Manage the use of Bitcoin as well as regulate other financial instruments.
It's a big step and a necessary one for bitcoin and crypto to be known to the citizens. With regulations, it means that the Government acknowledges it and makes it seem safer to trade in crypto.
I don't think that it is proper to regulate bitcoin/crypto. I would like to refer to my opinion including but not limited to things you want to voice out. Well, I think if cryptocurrency will be regulated and its implementation would suffice this very day, then all of us in all of a sudden will be outmembered since the government would use this in their own proliferation of money. And I think it will be the best way to get doomed by this poverty. I would like to give everybody a chance by just joining campaign they're helping poor people like us, by just staking/mining/investing. One more thing, regulation means implementation of strict rules that any one cannot be given a guaranteed to join.
Look we need to understand something very important here. I know you and many others do have reservations for legalization of bitcoin. But don’t you think when bitcoin would be accepted and get into legislation for legalization, there would be a proper interference of citizens too. Our politicians can never only think about themselves. They must consider our point of view as well, so things would become fine then.After the law states then we can just earn money whatever way we want just like dollar or fiat currency of your nation and then we can pay taxes on it and will not have to worry about it. Regulation may help bitcoin to spread out in short term basis. In long term perspective, we do not need any regulation nor governance for bitcoin to survive.
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