Topic: Is regulation good or bad? - page 12. (Read 30843 times)
The crypto industry has proven NOT to be trusted if left independently. Recently, the wave and presence of scams and ill practices in the industry has increased tremendously in part owing to the absence of a regulating body for crypto related activities. Several fraudulent practices in the industry has also gone unchecked due to the lack of regulations. Personally, I think the crypto industry has to be regulated towards bringing sanity and transparency in the industry.
of course, regulation is very important for crypto progress. the trust of a country's government to legalize crypto transactions. of course we know that together today many countries still reject crypto currencies. for regulations, whether it benefits the government or users of crypto currencies, I don't think it is a problem. the most important thing is trust that lends itself to crypto currencies. of course it will be very good.
I totally agree with you when you said that regulations will do good in the long run. Why I said that? Because as time goes by and as crypto was being known to all and the benefits that we can get from it, more and more projects will come and I really think that we need a regulatory body to regulate it.
This regulatory body will not only protect us from fraud and scammers but will enable us to maximize the benefits that we can get. If we are thinking of a long term period in Crypto then we need to support this concept.
This regulatory body will not only protect us from fraud and scammers but will enable us to maximize the benefits that we can get. If we are thinking of a long term period in Crypto then we need to support this concept.
Like all discussions on this subject, it is relative in this regard. It's all about how regulation is going to be. If the regulation is completely prohibitive, it will not help anyone.
I totally agree with you when you said that regulations will do good in the long run. Why I said that? Because as time goes by and as crypto was being known to all and the benefits that we can get from it, more and more projects will come and I really think that we need a regulatory body to regulate it.
This regulatory body will not only protect us from fraud and scammers but will enable us to maximize the benefits that we can get. If we are thinking of a long term period in Crypto then we need to support this concept.
This regulatory body will not only protect us from fraud and scammers but will enable us to maximize the benefits that we can get. If we are thinking of a long term period in Crypto then we need to support this concept.
Regulations is in every case great in cryptocurrency, however in all divisions. Be that as it may, tight and over the top guideline isn't great. It might raise political agitation. Numerous individuals in the field of cryptocurrency are holding view that regulations will execute or influence cryptocurrency. Indeed the facts confirm that cost of coins will go down incidentally when there is guideline set up. In any case, regulations will make cryptocurrency solid and stable.
with the way scam projects are running away with people's money, I think regulation would somehow minimize scam projects. Although I think regulation would be against the decentralized nature of cryptocurrencies. But I would prefer having a regulating body than to lose my money.
The regulation certainly aims well because it regulates crypto currency so that it is not misused by criminals or has an adverse effect on society, for example ICO as fraud.But if it aims to hinder or treat crypto like banking, of course there are many who disagree because it will eliminate the anonymous characteristic of cryptocurrency, even though it is not anonymous 100% because KYC is still needed when withdrawing money from the crypto exchange.
Basically, of course this regulation has positive and negative values. In my opinion, of course, very good in crypto has a regulation that is a kind of regulation that is given for crypto space. But I want to ask again here, Do everyone here agree if the regulation is for the future? I think all will have their opinions whether they agree or not.
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?
Now that the United States Congress is so keen on regulation and control over cryptocurrency, I can now see that the demerits of regulations might just out weigh the merits. If only cryptocurrency personalities can fully solve exchange and fund raising frauds, things will be fine
it has positive and negative things, the positive thing about crypto regulation is that crypto will be more recognized by the government and the state, but the negative thing is crypto can become more stable, and this is what will make investors less interested
with the way scam projects are running away with people's money, I think regulation would somehow minimize scam projects. Although I think regulation would be against the decentralized nature of cryptocurrencies. But I would prefer having a regulating body than to lose my money.
I think it's time to draft a regulation in order to avoid cheating which is certainly a lot of parties and I'm sure the government's intention is to prevent criminal acts and of course I strongly support that.
not just to anticipate crime. clear regulations for the government's real support for crypto. This is good for investment, whatever aspects are required by the government, this regulation is important for crypto.I believe if ICO and Cryptocurrency will be regulated, it should be from a country where Cryptocurrency is well accepted, and the company should be fair and they should have a prosecution panel of a sort in case some companies failed to deliver what's on their roadmap and run with investor's money.
In my opinion, the good or bad of a regulation depends on the concept that is built and has benefits and benefits for all parties. if the regulation is applied to crypto, then surely everyone will accept it.
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?
If I am going to compared what is happening now in the market, my answer is yes, regulations was good to implement.
Why? to prevent scamming and hacking our coins every We are in the market. Also implement AML for every ico project that will arise
crypto world.
I will agree with you that the regulations are important for the crypto world, so it can reduce the case of scammers with the crypto regulation policies. And other things can also be beneficial to the industry and also to other parties, hopefully in the near future it will be realized soon by crypto people.
Anyway, we have already started to regulate the cryptocurrency. The other day in the US should be a discussion about Facebook and its Libra coin.
I think it's time to draft a regulation in order to avoid cheating which is certainly a lot of parties and I'm sure the government's intention is to prevent criminal acts and of course I strongly support that.
not just to anticipate crime. clear regulations for the government's real support for crypto. This is good for investment, whatever aspects are required by the government, this regulation is important for crypto. 
Regulation can be good or bad depending on how you view it or understand it. Personally I consider regulation to be a good thing for the crypto industry especially ICOs. Most ICO project ends as scam and this is preventing real investors off late to even invest their money into ICO project which could have been helpful for the industry. Regulation will help do away with scam ICOs which makes it good.
True, regulation will have both sides, good and the bad one. Btw, it can not be avoided when the regulation will become a necessity to protect many people and we have to prepare to accept it no matter whether it is good or bad.
I think it's time to draft a regulation in order to avoid cheating which is certainly a lot of parties and I'm sure the government's intention is to prevent criminal acts and of course I strongly support that.
Actually regulation, it is very good. My opinion is that with this system there will be less fraudulent projects. The only minus in all this is that the project itself has exhausted all possibilities or does it on purpose and becomes bankrupt.
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?
When the government joins the crypto market to protect people, we all must publicly disclose the number of assets in the wallet so that they can control and implement KYC to certify that you are the owner of that coin. .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?
A lot of things will happen because they need to collect your information in order to protect you.
But besides, they will also help the market become safer than ever, whales cannot be free to manipulate prices anymore.
Advantages: Phishing projects will disappear a lot and manipulation will no longer exist, potential projects will be lived.
Disadvantages: we will have to pay taxes at the level required by the government (maybe higher than usual because this is a new industry)
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