Topic: Is regulation good or bad? (Read 30879 times)
What about editing? Which authority will make the arrangement. Let's get rid of this ridiculous cycle. There is no regulation. If a transaction constraint is imposed on bitcoin, they will overcome it in decentralized Exchange.
yes it is true that regulation of cryptocurrency will be good for cryptocurrency and in my opinion there will be more large companies that will cooperate with cryptocurrency because of cryptocurrency regulation
I strongly agree with this view you mentioned. Strict supervision is conducive to purifying the atmosphere of the market and strictly restricting fraudulent projects.
Regulation is necessary as in other areas but the question is that regulators must be honest. Very often in our world officials in conjunction with the oligarchs come up with laws for making money and speculation, and this slows down development very much.
Everyone is commenting on editing. But do you know what regulation is? The arrangement is not very meaningful. Will they close some operations with what happens? Or will they impose time limits on transactions? I don't think that's possible.
In my view, regulation will be good for Crypto industry. As we can now see that many Govt are looking for ways to regulate the industry.
Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.
I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.
Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.
I say regulation will in the end be a good thing for crypto..
What's your view about it?
In many ways regulation is bad for cryptocurrency. You don't need to share your portfolio but regulator should access on it. Suppose we don't know how much you have in bank but government has idea about it. Still has so many ways to protect from scam users. Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.
I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.
Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.
I say regulation will in the end be a good thing for crypto..
What's your view about it?
Regulation is not bad for crypto. Regulation give believe investor. and it will go long run. Now days so many fields are use cryptocurrency. If cryptocurrency will regulated so many people come here without any tension.
surely any improvement in regulations in the future will be even better for the crypto world, therefore all systems must require regulations or policies to minimize unwanted possibilities
Regulations are good for me because it makes everything in proper moderation to keep the surrounding organized and well facilitated. Regulations make us know our limitations so that we just keep in proper order to avoid creating or doing such things that might be against the regulations being set. Regulations for me might be bad as well if it will be too much that it seems too hard to obey or the restrictions being set can be against the will of the crowd. In any cases, regulations can be good or bad depending on our perspectives and also depending upon the situations. But having regulations is always good so that we can know our limitations specially when it comes to the industry we are all currently into which is virtual and crypto based community so to be able to be organized and keep a safe work place for everyone, having regulations will be a good solution.
In any thing we do, having regulations is always good because it provides balance and maintains the order on a system. Applying it into the cryptocurrency industry will also be good in a sense that having regulations will control the usage of cryptocurrencies in a matter that it will be specified on how they will supposedly be used and it will also keep on track those cryptocurrencies that are used for bad objectives. Having regulations within the crypto space will provide all of us a safe work place to get in, in which we will be safe and secured. But before enclosing or implementing such regulations on the cryptocurrency will be a challenging one because there are lots of things to be considered which can be favorable to one part and not on the other part and then vise versa. So regulations that will be made must be stated and known by the public to avoid confusion and create misunderstanding. If we do really want regulations to be implemented, we must set it on the part where all of us have decided and acknowledge as one. Regulations can be good or bad depending on how it is being conducted or implemented but having regulations will serve us a good quality of work place where standards have been all set to avoid bad things to happen.
I personally strongly support if Cryptocurrency will have clear regulations, so that, at least the misuse of Cryptocurrency will be minimized and can prevent forms of fraud that can occur such as ICO fraud, money laundering, and so forth. And one more thing with the regulation of course this indicates that if a country has fully supported the development of cryptocurrency in the country, and made Cryptocurrency can be used extensively in the country, and not just limited to investment assets.
It all depends on your point of you and your expectations from the industry. If the most valuable thing is anonymity, then regulations is clearly a very bad thing. But if you want to free crypto space from scammers, there is no other way besides integrating hard regulations.
I support of your opinion. Although regulations are always bad for crypto but i think some basic sides in crypto world needs hard regulations.; so that scams and illegal activites can not enter.Most of the people invest on crypto for high price volatile. Prices of crypto coins suddenly change mostly because of manipulations and scam news. People look sudden changes as a short way to be rich. When regulations come to the market, there will be penalties for manipulations and scams. At one telegram channel of a shitcoin, the CEO of the coin was telling people it is good price and it is time to sell 😊
By the way, regulations will reduce the risk at crypto marker. In a reduced market, gains and losses will be reduced too. So you can decide if regulations are good or bad 😊
As an investor I support regulations.
By the way, regulations will reduce the risk at crypto marker. In a reduced market, gains and losses will be reduced too. So you can decide if regulations are good or bad 😊
As an investor I support regulations.
I don't really see how regulation can contribute to reduce volatility. Volatility is a market phenomenon: supply, demand, bullish, bearish, etc. What can regulators do in case of high volatility? If they can temper volatility, it means that they can manipulate market prices, no?
In my view, regulation will be good for Crypto industry. As we can now see that many Govt are looking for ways to regulate the industry.
Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.
I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.
Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.
I say regulation will in the end be a good thing for crypto..
What's your view about it?
Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.
I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.
Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.
I say regulation will in the end be a good thing for crypto..
What's your view about it?
There is a common adage that where there is no law, there is no sin. I totally agree with the fact that there should be various regulations guiding our operation in the cryptospace. It gives everyone the confidence that defaulters will be purnished and the space will be more safe, most especially for investors and even the newbies, who do not know so much about what's obtainable in the crypto space and make easily fall into wrong hands, most especially when they are not patient enough to learn from those who have gone ahead. So, regulations are totally good. The idea is most welcomed
At the moment, due to so many scams everywhere in the Cryptoworld, I think regulations will be good thing.
But the actual be impact can only be known when it will be applied.
But the actual be impact can only be known when it will be applied.
The danger with the "at the moment" idea is that once regulation is implemented, it will stay for ever. Suppose ICO scams completely disappear thanks to regulation (very unlikely and naive, but numerous posts seem to endorse the weird idea that gvts can detect scams better than private investors). Once the goal is reached, who can seriously think that the gvt would step back? Once implemented, regulation stays and further regulation relies on previous steps. Regulation is a cumulative, path dependence, process.
Seems like we have majority of cryptocurrency users backing regulation if you take a poll from this thread. I equally subscribe to full regulation as long as it doesn't eliminate the existence of digital assets and doesn't fully control the centralization. Fact is, regulation will bring more order and progress needed in crypto right now
That is right. We will really see that regulation is better when we weigh between the advantages and disadvantages of Crypto regulation. Aside from taxes and control, I think everything will be alright. We will also sue everyone who plans to scam and we can have assurances if the regulation happens. Of course regulation is a pretty good news. I am very supportive of this because indeed this will be a pretty good thing, especially the developers of the project and their investors will be just as comfortable when they have permission.
In my humble opinion the disadvantages of regulation are bigger than advantages but it will become a new standart for all exchanges one day except decentralised exchanges. Atomic swap coins will become more popular and speculation will pump the prices of coins with ability to swap if regulation wave continues.Very good point that few people mentioned: regulators can only target CEX and VASPs (see what the FATF report argues), neither DEX, nor P2P transactions. Atomic swaps and similar innovation will develop. We can even expect a two-tier industry: regulated CEX for "normal" traders, and unregulated DEX for informed and privacy-centric traders (large hodlers and whales one can imagine). This is not impossible. But it would at odd with regulators' goal to fight against anonymity and implement a technologically neutral regulation.
My opinion is :
Regulated CEX for the masses
Unregulated DEX for informed traders
Self-regulation of IEO and STO by self-regulating organizations and private firms (such as CipherTrace). We can imagine firms like coingecko establishing good practices and quality standards, ratings, etc. BTW, they already do it.
To sum up: regulation may trigger a segregation process between types of users, with significant impacts on innovation. Self-regulation must be considered seriously
Of course regulation is a pretty good news. I am very supportive of this because indeed this will be a pretty good thing, especially the developers of the project and their investors will be just as comfortable when they have permission.
In my humble opinion the disadvantages of regulation are bigger than advantages but it will become a new standart for all exchanges one day except decentralised exchanges. Atomic swap coins will become more popular and speculation will pump the prices of coins with ability to swap if regulation wave continues.Very good point that few people mentioned: regulators can only target CEX and VASPs (see what the FATF report argues), neither DEX, nor P2P transactions. Atomic swaps and similar innovation will develop. We can even expect a two-tier industry: regulated CEX for "normal" traders, and unregulated DEX for informed and privacy-centric traders (large hodlers and whales one can imagine). This is not impossible. But it would at odd with regulators' goal to fight against anonymity and implement a technologically neutral regulation.
My opinion is :
Regulated CEX for the masses
Unregulated DEX for informed traders
Self-regulation of IEO and STO by self-regulating organizations and private firms (such as CipherTrace). We can imagine firms like coingecko establishing good practices and quality standards, ratings, etc. BTW, they already do it.
To sum up: regulation may trigger a segregation process between types of users, with significant impacts on innovation. Self-regulation must be considered seriously
Everyone talks about the regulation of the sector. What's the point here? Arrangements to prevent fraud? To stop price movements? I think the arrangement should be to prevent the scammers first. Then the prices will be balanced.
Seems like we have majority of cryptocurrency users backing regulation if you take a poll from this thread. I equally subscribe to full regulation as long as it doesn't eliminate the existence of digital assets and doesn't fully control the centralisation. Fact is, regulation will bring more order and progress needed in crypto right now
correct, regulation is something that must be applied in this industry, because with regulations that are applied of course it will make a better future with more neatly arranged and also, with regulations will at least make it easier for investors to invest more comfortably and safely because this industry is indeed need to have centralized management so that changes can be done better and of course for a better securityJump to: