Topic: How to regulate crypto? - page 7. (Read 710 times)
Digital money has to be the limits for regulating, and these limits should be stronger than present time, after that it will be a bit harder to going down 2k-3k like last days. Other than that, the coins belonging to the same sector should work together, they should not be hungry to money.
Regulating crypto is not a simple thing that can be done, more the regulations more will be the growth. People get to know about it, along with the same the trust upon cryptocurrency will keep increasing. Different countries come up with different plans to regulate the cryptocurrency usage. One among that is Israel which regulated it by adding bitcoin to the tradeable assets similar to gold. Here based on the transactions related to bitcoin one gets taxed.
I am absolutely sure that the crypto industry need to be regulated. It need to organize special organization(s) which has to control market and all participants and, of course, we must have logical and convenient rules to evolve the crypto industry. I mean something like CFTC.
That could be true, their are other investors that they regulate their crypto in some activity or ICO becauae they have seen that it has a productive way of investing but they need to find ICO who generate success of the group. Others they just hold it until the value will high in that case the crypto will grow and regulate in form.
You can't regulate something decentralized, it's impossibile to do it.
Actually, you can. Since Bitcoin transactions are pseudo-anonymous, it is possible to evade paying tax and the government isn't able to check how much money you currently have. Governments can try to make selling and buying cryptocurrencies difficult but they won't be able to ban, for example, F2F transactions which will be a bit dangerous. They won't be able to "shutdown" Bitcoin, though.
You can't regulate something decentralized, it's impossibile to do it.
The real problem is how governments will try to shutdown cryptos.. because they will try it...
The real problem is how governments will try to shutdown cryptos.. because they will try it...
The nature of crypto is decentralized. It was designed with uncontrollably in mind. It is very difficult for that to be changed. The pressure of control is coming in the heals of scams. I will rather want to ask, how to eliminate scam from crypto.
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.
Regulation itself will not reduce volatility as it will still remain a decentralized market, but it would usher in some policies that would help to curb some activities that can at least limit some of the things we get to see today. Some of those things such as scam, manipulations, and all sort of things, will start diminishing.Plus, for most part of it, it will then become pretty easy for a lot of investors to see it as a space they can at least invest in without any fear or doubt of the future.
Do we need to regulate crypto so that more countries will allow it?
Regulating cryptocurrencies is a good thing and it might even help advance the digital currency market as what cnbc.com said before. It will help us on marketing digital currency when we are regulating digital currency in our society or in our country. 
I don't know where people get an idea regulation exists to improve circumstances for them. There isn't much evidence to support this view.
Regulation can be bad. It can function in a way which limits opportunities and options to some demographics while showing favortism to others. Regulation can exist in a way which guarantees the rich get richer, while everyone else gets poorer. Regulation can be structured in a way which redistrubutes wealth from the poor to the wealthy.
Many of our current negative economic and financial issues can be traced back to regulation not being implemented properly.
Here's my latest reason for not being the biggest fan of regulation(US citizens can't use bitmex smh):
Regulation can be bad. It can function in a way which limits opportunities and options to some demographics while showing favortism to others. Regulation can exist in a way which guarantees the rich get richer, while everyone else gets poorer. Regulation can be structured in a way which redistrubutes wealth from the poor to the wealthy.
Many of our current negative economic and financial issues can be traced back to regulation not being implemented properly.
Here's my latest reason for not being the biggest fan of regulation(US citizens can't use bitmex smh):
That contradicts the principle of the formation, existence and development of the blockchain industry. but I think there are certain rules that are promulgated by the separate rules and regulations of the blockchain industry in the near future. It is necessary to ensure the integrity and balance of the economy around the world. Much of the anticipation of centralized supply will result in the development and implementation of that regulation. We will wait for more satisfactory answers.
Just accept that fact that cryptos needs to be regulated for other people to hug this currency.
Even we like the decentralized thing, no way we can fully enjoyed it if there are more risks waiting for us when using it. Look, if crypto is not regulated, who the hell will give punishment for those exchanges that will deceived people? Who the hell will give justice for those who are victim for let's say fraud? Too much transparency and freedom will kill crypto.
Regulations is fine but not too much that it can destroyed the purpose of why cryptos are being used.
Even we like the decentralized thing, no way we can fully enjoyed it if there are more risks waiting for us when using it. Look, if crypto is not regulated, who the hell will give punishment for those exchanges that will deceived people? Who the hell will give justice for those who are victim for let's say fraud? Too much transparency and freedom will kill crypto.
Regulations is fine but not too much that it can destroyed the purpose of why cryptos are being used.
Do we need to regulate crypto so that more countries will allow it?
I think we can regulate crypto except when the country legalize crypto and those people who are in that country will be affected by such regulations. But as a whole, I cannot think of its possibility.
I do not think we have any control about it, but to be honest there is nothing we can do if the country have plans on regulating crypto currency. Also the sad truth is more countries are concerned about tax evasion and money laundering the only way we can move forward is regulating the crypto market.
Who the hell is we? It is the countries that regulate crypto and decide if YOU get it. I just found out today that Germany legalized Bitcoin as legal tender, if that isn't a good start I don't know what is.https://trademarketsnews.com/germany-recognized-bitcoin-legal-tender/
We are just an ordinary person and even whales can't regulate this thing, we really have no power to do it. Government is the only one who can make a legit regulation. I heard about that news too and I really see great future for those hodlers in Germany, time will come and many countries will follow this decision and make their own law about cryptocurrency. 
Do we need to regulate crypto so that more countries will allow it?
We can't regulate as of now crypto itself because it is decentralized and no need for the government to back up this cryptocurrency, but we as users of crypto our government have an authorized to regulate us because from crypto we can make money that needs to regulate from , the government and to prove this is not coming from illegal activities. I believed that hugebalck say "Do not need to cash out for local currency" but we need to cash out so regulations is a must on crypto via users. 
Who the hell is we? It is the countries that regulate crypto and decide if YOU get it. I just found out today that Germany legalized Bitcoin as legal tender, if that isn't a good start I don't know what is.https://trademarketsnews.com/germany-recognized-bitcoin-legal-tender/
How to regulate crypto?
If the currency is self-contained "Do not need to cash out for local currency," governments have no authority over it, since they will be trading away from the control of states.
Governments can impose restrictions on trading platforms, laws on buying currencies, tracking their markets and this is known as regulation.
Yes, the organization facilitates the process of purchasing the currency and spending in the purchase of necessities, but it has disadvantages in the long-term because of centralization. "Which is the distinguishing feature of these currencies."
I am with ICOs regulation and against crypto.
If the currency is self-contained "Do not need to cash out for local currency," governments have no authority over it, since they will be trading away from the control of states.
Governments can impose restrictions on trading platforms, laws on buying currencies, tracking their markets and this is known as regulation.
Do we need to regulate crypto so that more countries will allow it?
Yes, the organization facilitates the process of purchasing the currency and spending in the purchase of necessities, but it has disadvantages in the long-term because of centralization. "Which is the distinguishing feature of these currencies."
I am with ICOs regulation and against crypto.
Cryptocurrency is already regulated all over the world, however the legality is not totally implemented. Maybe soon it will happen but there is no such accurate of time or year that cryptocurrency will legally implemented. And cryptocurrency now allows mostly every country has access on cryptocurrency business. Although there are some few threats that happens in some other places but totally more countries are adapting and accessing cryptocurrency especially bitcoin as the top coin of cryptocurrency business.
Do we need to regulate crypto so that more countries will allow it?
Crypto's are decentralized and it is meant to be stand alone market and no need for a government's back up. But due to the situation changes, it has been said that we need regulation in a way for the government to organize it's market to it's certain area/country. Regulations doesn't mean that there will be a massive adoption coming but some countries just want to monitor and take a look closely to the transactions that are happening through crypto/digital currencies. 
Do we need to regulate crypto so that more countries will allow it?
If a cryptocurrency is decentralized enough then the regulations will not matter. How can the government enforce it if the users can still make their transactions without trusting a centralizing institution?
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