Topic: Is regulation good or bad? - page 10. (Read 30843 times)
Regulation brings about orderliness and helps provide a structured process of getting things done. So why not. For me i think regulation is idea
regulation is not really needed in my opinion, because cryptocurrency should be free, and in my opinion regulation will only limit that freedom.
if indeed there must be regulation, I think that regulation is enough to give a brief explanation that cryptocurrency is safe and can be used as a means of payment.
and I think that's enough.
if indeed there must be regulation, I think that regulation is enough to give a brief explanation that cryptocurrency is safe and can be used as a means of payment.
and I think that's enough.
Nothing depends on our opinion. Regulation is already present on the crypto market on centralized exchanges as well as in some ICO. I tend to think that regulation is beneficial in some points. For example, as a defense against scammers.
in fact, scammers are still difficult to detect with regulation, scammers can only be pressed if each country has cybercrime officers and focuses on cryptocurrency, this is very necessary if the cryptocurrency has been adopted massively.and the way that cryptocurrency can be adopted massively is by making clear regulations, this is the most important thing why regulation is really needed so that people believe and believe that cryptocurrency is safe.
There are points for good and points for bad, but the one thing it is is inevitable. It's a consequence of mainstream adoption, and it is not something that is going to just go away. Regulation will become a bigger and bigger requirement as time goes on.
maybe regulation will really be needed for crypto. all countries that legalize crypto have made regulations related to the growth and use of crypto. it should be an example for other countries to determine attitudes. regulation will have a major impact on the growth of the crypto market in the future.
Nothing depends on our opinion. Regulation is already present on the crypto market on centralized exchanges as well as in some ICO. I tend to think that regulation is beneficial in some points. For example, as a defense against scammers.
Regulations is more on security and control over incoming altcoins to avoid scams. You are right that regulations on centralized exchange is beneficial for investors to have peace of mind on their investment.
Nothing depends on our opinion. Regulation is already present on the crypto market on centralized exchanges as well as in some ICO. I tend to think that regulation is beneficial in some points. For example, as a defense against scammers.
I've come across similar topics like this about regulations. Regulations have their own good and bad aspects. The good aspects will be that it will reduce crypto frauds and also help enhance adoption since investors will be more confident when crypto is regulated. On the other hand, the bad aspect is that it drifts from decentralisation which is a core concept behind creation of bitcoin, the pace setter of crypto. I will like to see other views regarding this topic.
regulation is very good for the crypto industry in diverse ways as it is going to help build trust and confidence. Majority of investors and traders out there are waiting for this crypto industry to be regulated before they join and they can't join now because they lack trust in the industry and don't want to end up losing their all.
Market needs atleast a little regulation, because I would like to be protected from scams, frauds and volatility of the coins. Just remember all those hacks or scam ico, people could be protected from all that mess.
On the one hand, it is good that some part of the crypto currency is controlled , since beginners come to the crypto currency often face the fact that they are deceived and stolen funds , and on the other hand, you do not want to reveal your identity.
There are points for good and points for bad, but the one thing it is is inevitable. It's a consequence of mainstream adoption, and it is not something that is going to just go away. Regulation will become a bigger and bigger requirement as time goes on.
I agree that bitcoin or other kind of cryptocurrency should be regulated. Regulation doesn't mean that we have to give up our freedom, but instead, rules protect us from scam stuff like that.
Not only bitcoin needs regulation. The entire world of cryptocurency needs regulation from the highest to the least aspect of it. This lack of regulation has given many projects room to do whatever they please and get away with leaving the investors in wailing. People just wake up and start up a project without proper plan. Regulation should come in and believe me, things will get better in crypto.
It depends on how regulation was implemented. Most of the time it's better than banning crypto. Cause many countries already started to banning crypto currencies. Regulation is better than that. And in this space there is many scammers and failed projects available in the market who took peoples money and disappeared most of the time. If regulations come to your country maybe the scam ratio will be less. But regulation has its own problems. The basic of crypto currency is it's privacy. I think if regulation come that would be broken in some parts.
I didn't know there is either or when it comes to regulation? It can be both. It can be good today and bad tomorrow because something has changed. It is important that regulation is also flexible to serve innovation.
Personally, I am for the regulators, because at least they will make the cryptocurrency safer and free us from fraudulent and fraudulent projects
I didn't know there is either or when it comes to regulation? It can be both. It can be good today and bad tomorrow because something has changed. It is important that regulation is also flexible to serve innovation.
The foundations and the major aim of crypto currency is privacy and taking this from it makes us go back to where we are coming from. Regulations which tools is KYC is against some paragraph I have read in bitcoin's white paper. It is internet transactions without third party involvement and brings regulations into cryptocurrency means the bankers and elites that create the current situation that the world financial system is facing now will still be in control.
Privacy is orignal objective of bitcoin and crypto currency, but real life can not be perfect like what Satoshi Nakamoto imagined and most of us expected. Goverments globally will step in and control, regulate market, this is what we can not avoid.
As you know various exchanges and ICO's are scamming with investors and traders so if regulations for exchanges and ICO's and for investors and traders will be done than everyone will be safe for investment.
We can hate regulations, but without regulations cryptocurrencies will stay at the point where are they now. If we want to pay with cryptocurrencies in our everyday lifes then we need regulations to "protect" customers.
The foundations and the major aim of crypto currency is privacy and taking this from it makes us go back to where we are coming from. Regulations which tools is KYC is against some paragraph I have read in bitcoin's white paper. It is internet transactions without third party involvement and brings regulations into cryptocurrency means the bankers and elites that create the current situation that the world financial system is facing now will still be in control.
From my very point of view, regulation is very good for the crypto industry. A lot of investors out there disregard investing in crypto projects only because these ICo projects are not regulated and they can just lose their lifetime savings in a twinkle of an eye. Regulation is the only tool to curb scam projects out of the crypto industry which makes it good for the industry.
That's very true I think. Many countries banned blockchain only because of they are not ready for it or they don't know how to control the bad effect of it like money laundering through crypto. If blockchain can be utilized properly it will be really useful.
And in order to use blockchain correctly, it is necessary to introduce regulators into the cryptocurrency, and as long as they do not exist, many will continue to launder money Jump to: