I find it hilarious that you are not worried about regulation. Worried much?

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: Donamilo on January 25, 2018, 05:57:04 PM

The world wants dominate and control our crypto.

Yet I look at all the threads on this forum and none of them really mean anything tangible in terms of the future landscape or value of bitcoin.

Does anyone here not care about these idiots in charge demonising our crypto?

What are most of the people on this forum even going to do about something like regulation? It's not like anyone on here is in any position of power (aside from maybe a handful of people at best) within their respective countries, and I guarantee none of them are important members of a western or south-east Asian nation. I'm more interested in how you think there's going to be any kind of resistance to regulation through this forum. Maybe there will be some legitimate pushback in the real world but on here there are so many people it from so many different places that it couldn't have any kind of coordinated effort unless people sat down and really started to try and get together for their individual countries.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

I fear the day when crypto is centralized and the governments are issuing them for their own benefit like fiat. They're already inching closer and closer in gaining control over crypto, and once they achieve that, we're not far from being watched yet again on how we handle our hard-earned money. These "regulations" are just their front to make it look like they care, but in reality, all they care about is control over their people and not really the welfare of their people. But on the other hand, for bitcoin to flourish, proper regulation should take place, so as much as we'd love to be free from the chains of the government, we cannot escape it since we still need authenticity and authorization to properly use our coins.

kier010

full member

Activity: 532

Merit: 100

government regulating cryptocurrencies is not that bad. they lay down rules to prevent illegal use of it and with government siding cryptocurrencies more investor would come invest.

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: btcgreen63 on January 25, 2018, 06:49:36 PM

Proper government regulation will be required to attract capital and allow the system to grow into the mainstream.

Yes. People have been talking about wall street and institutions entering Bitcoin's market, but for that to happen, regulations are a must. Institutions can't do anything with Bitcoin otherwise.

Look at what fair regulations did in a country as Japan. It's safe to say that we have never had a country like that being an absolutely wonderful example of what an open minded government can do for crypto in its entirety.

It has even gone so far, that Japan's GBP has grown a tiny bit as result of that, and remember that this is just the beginning. Once lightning network stimulates mass adoption, things will be start to take shape for real.

farhaan

sr. member

Activity: 392

Merit: 250

I would say that regulation is much better than completely terming the coins as illegal and banning them.

btcgreen63

jr. member

Activity: 98

Merit: 5

Proper government regulation will be required to attract capital and allow the system to grow into the mainstream. The world learned this in the 1930s.

ralle14

legendary

Activity: 3346

Merit: 1914

Shuffle.com

It's the governments that wanted to regulate crypto they said that'll help to stabilize the price of bitcoin. I don't think it'll help stabilize bitcoin's price that'll just makes bitcoin price go down even more. I use my local exchange all the time and I have no problems with regulation but it might affect the price bitcoin heavily if they plan to make it tighter than before.

Quote from: thenachoguy on January 25, 2018, 06:17:39 PM

they can regolate and controll you only if you move crypto into fiat, if you use only crypto ( i know it's hard now, but maybe in the future who knows) it's going impossible to track you down and controll you, moral of the story, we have to s top using fiat and move to crypto payment only

You can still use fiat and crypto at the same time. The crypto exchanges are the ones they want to regulate. Also there are still different ways to sell your bitcoins so you can avoid them if you wish to.

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Man I am cool with regulations and have some Ripple which should go up if it truly is
the coins bankers like.

Asia and the west look divided and will use Crypto regulations to lock each other out
so maybe EVO will do well and after reading up on the project I must say that i like it
but don't tell anyone because I have not brought in yet.

Something but i am not sure quite what yet will go deep underground on something
like Tor if they keep pushing but Bitcoin will crash in the process I thinks

SUDARMONO

full member

Activity: 504

Merit: 100

it is now a lot of rules but it does not become an obstacle for us, all can still be overcome if we go well with the rules, maybe someday also will emerge new rules, it will not be a hindrance for me.

Brennus101

jr. member

Activity: 32

Merit: 4

Regulation is not necessarily bad per se, it depends on what its aim is. If the aim is to destroy cryptocurrency, obviously that's not good. Simply worrying is of course not productive. The best thing to do is to help build secure and decentralized systems which cannot easily be attacked by governments.

dimastegar

sr. member

Activity: 798

Merit: 251

Small Trader

Of course, we must pay attention to the rules. Because the rules are made for the common good. And our life will be easier if, we obey the rules, and stay on the path of regulation. Although I feel restricted by the regulations.

GreatOrchid

legendary

Activity: 1092

Merit: 1001

Quote from: Donamilo on January 25, 2018, 05:57:04 PM

The world wants dominate and control our crypto.
Yet I look at all the threads on this forum and none of them really mean anything tangible in terms of the future landscape or value of bitcoin.

Because regulation is almost needed on all the countries, it is healthy for a long term run for all the cryptos in here.

I am not saying that paying taxes is good, but i prefer to be on a regulated country, instead of being in one who does not even know if they are going to regulate or not.

A regulation means that you are safe with cryptos in there, and that you can use them as long as you pay taxes

thenachoguy

newbie

Activity: 36

Merit: 0

they can regolate and controll you only if you move crypto into fiat, if you use only crypto ( i know it's hard now, but maybe in the future who knows) it's going impossible to track you down and controll you, moral of the story, we have to s top using fiat and move to crypto payment only

Donamilo

newbie

Activity: 9

Merit: 0

The world wants dominate and control our crypto.

Yet I look at all the threads on this forum and none of them really mean anything tangible in terms of the future landscape or value of bitcoin.

Does anyone here not care about these idiots in charge demonising our crypto?

Topic: I find it hilarious that you are not worried about regulation. Worried much? (Read 189 times)