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Topic: in terms of security if all states accept crypto curenccy? (Read 139 times)

full member
Activity: 168
Merit: 120
For me, there are two reasons in which I think the state will accept and even secured permits for bitcoin and other cryptocurrency tokens so that many will be at eased on investing in cryptocurrency; first is that taxes will be imposed for every transaction on the crypto market, because we all know no investments or business here in mostly every country are tax free and besides the funds they can accumulate here will surely provide beneficial for their future projects, the second is that to allow the detection of every transaction of bitcoin so they can prevent or reduced the number scammed activities here in which it will eventually ruined the concept of being decentralized.
full member
Activity: 133
Merit: 100
BELUGA PAY. Complete Mobile Point of Sale System
because a lot of coins or new tokens that extraordinary promotions but the end of the scam will be realized for the facet of security for investors later?

I strongly doubt that most of countries do care about the scam coins and the security of their investors. Most of countries doesn't care about the crypto currency at all and even ban it.

They care more about controlling circulating money between their citizens. Governments don't give a fuck about our security.
member
Activity: 364
Merit: 12
The Most Profitable Mining Pool
This is the hardest struggle for the mass adoption of crypto-currency so far, the decentralization is the number enemy of every state. It is nature indeed because the government hates MONEY LAUNDERING the most of all crimes out there.

And the only way to solve this is not to embrace the idea of decentralization. But who knows, when things will flip out. As long as the idea of cryptocurrency to solve the incapability of every centralized intermediaries, then that's the time that crypto will be embraced by the state.

The question is when?
Or is it even going to happen?
No one knows.
jr. member
Activity: 275
Merit: 1
If  your asking if different countries accepts crypto currency risking the security of investors. Korea one of the leading countries that patronizes trading and exchange of crypto currencies have made their move to secure the security of their investors. Simply the answer is NO because most of the government from different countries don't tolerate this kind of faulty acts.
newbie
Activity: 85
Merit: 0
the era of growing especially in the world of cryptocurrency has begun to develop there is a new system and the best coin or tokens to scam.

and the question is whether if all countries accept the state of the cryptocurrency market in terms of security whether to be tightened in the formation or manufacture of new tokens / coins?

because a lot of coins or new tokens that extraordinary promotions but the end of the scam will be realized for the facet of security for investors later?

That could really be a game changer if all countries would do that. However, as much as I believe in the potential of the cryptocurrency market. We are quite far from the era and age where "all" of the countries would totally accept and embrace the market. Unfortunately, not all countries or regions thereof are technological enough to see the cryptocurrency market prosper in their locality. Also, you can't always discount the doubts and negative ideas of some country leaders that would put them in a position to safeguard their country to the possibility of the dangers the cryptomarket may bring.
full member
Activity: 211
Merit: 100
the era of growing especially in the world of cryptocurrency has begun to develop there is a new system and the best coin or tokens to scam.

and the question is whether if all countries accept the state of the cryptocurrency market in terms of security whether to be tightened in the formation or manufacture of new tokens / coins?

because a lot of coins or new tokens that extraordinary promotions but the end of the scam will be realized for the facet of security for investors later?

It's hard to have regulations regarding ICO due that there are no regulations that can say if it is a scam or not. We just need to be extra careful, read and check the team member if they are respectable. Find if there is a well-known personality, a group of persons and/or a company back-up the project. Check the project if it is true. Read the whitepaper to verify if they can really push through the project.
newbie
Activity: 54
Merit: 0
I think if all countries accept encryption, it will not matter because they are all well protected.
member
Activity: 167
Merit: 11
the era of growing especially in the world of cryptocurrency has begun to develop there is a new system and the best coin or tokens to scam.

and the question is whether if all countries accept the state of the cryptocurrency market in terms of security whether to be tightened in the formation or manufacture of new tokens / coins?

because a lot of coins or new tokens that extraordinary promotions but the end of the scam will be realized for the facet of security for investors later?
The truth is The government don't really care about the fraud that is going on in cryptocurrency because fraud is already existed before  crptocurrency exist. What they are really care about is how can they get a tax o how can they benefit or profit from this new technology.
full member
Activity: 840
Merit: 128
We are in the early stages of the cryptocurrencies and it's not possible to know what will happen.
I believe that if a small percentage of the people start buying with cryptos and there are shops accepting them the countries will eventually accept them (not all of them I believe).
Before that step, I am sure they will try to issue their own centralized coin as Venezuela did, in order to control everything.
Don't forget, the today young crypto followers will be tomorrow's leaders.
sr. member
Activity: 241
Merit: 250
the era of growing especially in the world of cryptocurrency has begun to develop there is a new system and the best coin or tokens to scam.

and the question is whether if all countries accept the state of the cryptocurrency market in terms of security whether to be tightened in the formation or manufacture of new tokens / coins?

because a lot of coins or new tokens that extraordinary promotions but the end of the scam will be realized for the facet of security for investors later?
I think the existence of a scam project is hard to avoid. but it has become a must for us in minimizing the risk.
There should be technology that can track the existence of potentially scam projects. so that failure will be minimized.
Hope.  Smiley
full member
Activity: 222
Merit: 104
I think we should also watch for projects like Polymath. They help companies launch legally compliant security tokens. Seems pretty solid in terms of navigating regulations.
https://www.bloomberg.com/news/articles/2017-08-30/it-s-about-to-become-even-easier-to-issue-blockchain-based-coins
full member
Activity: 476
Merit: 107
If the government accepts crypto then it wants to get benefits from this. For example get taxes from operations at the market. Each state wants to fully control the incomes of its citizens.
Of course all state wants full control to the incomes of it's citizens it is what makes them prosper after all. For this reason they want to regulate crypto which is impossible at the moment unless all citizens comply. Still, every country that didn't ban Bitcoin and crypto is now reaping it's benefits because their financial status has been improved since some of their citizens gains profit from crypto.
legendary
Activity: 968
Merit: 1000
einc.io
If the government accepts crypto then it wants to get benefits from this. For example get taxes from operations at the market. Each state wants to fully control the incomes of its citizens.
newbie
Activity: 70
Merit: 0
I agree. A lot of countries do not care about scam coins. The way that they regulate the investments in crypto is by banks. My country is pure example of that. The banks in my country do not accept transfers from Crypto exchanges. When you make a transfer to Crypto exchange to verify your account, you receive a phone call from the bank, that they INFORM you, that if you make this transfer to crypto exchange account, you will not be allowed to withdraw your money back. So the choise is yours, to put money somewhere you wont withdraw them or not to transfer the money at all....
jr. member
Activity: 84
Merit: 4
Cryptocurrency Wallet - Denaro.io
because a lot of coins or new tokens that extraordinary promotions but the end of the scam will be realized for the facet of security for investors later?

I strongly doubt that most of countries do care about the scam coins and the security of their investors. Most of countries doesn't care about the crypto currency at all and even ban it.
member
Activity: 280
Merit: 10
the era of growing especially in the world of cryptocurrency has begun to develop there is a new system and the best coin or tokens to scam.

and the question is whether if all countries accept the state of the cryptocurrency market in terms of security whether to be tightened in the formation or manufacture of new tokens / coins?

because a lot of coins or new tokens that extraordinary promotions but the end of the scam will be realized for the facet of security for investors later?
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