have a good and bad side, good for security of course people will more save invest their money.
bad for development, because limited to due regulation,example project need 10m $ for get the soft cap, but in that area/country not have funds or have low investor on crypto.
Topic: Is regulation good or bad? - page 16. (Read 30843 times)
The Crypto space is one of the last truly free markets, albeit with a few too many bad actors at this point.
As the space grows, regulation is inevitable and as with current money and equity markets regulation will vary from country to country. For example, China doesn't like crypto because they will have nothing that threatens the RMB, whereas the UK just cares about the profits / income made and it seems just views it like Spreadbetting or Gambling for tax purposes.
Regulation will play into the hands of the big players; banks, investment houses, fund managers, etc. as they can set the rules and become the gatekeepers just as they were for stocks, shares, currency, metals, etc. for so many years. Great for them as they can soak up the profit for shareholders and fat bonuses and not return it to the crypto community.
I would hope the community at large comes up with self regulation to avoid this, thereby avoiding the draining of wealth into the pockets of those who's only goal is just that.
CBF
As the space grows, regulation is inevitable and as with current money and equity markets regulation will vary from country to country. For example, China doesn't like crypto because they will have nothing that threatens the RMB, whereas the UK just cares about the profits / income made and it seems just views it like Spreadbetting or Gambling for tax purposes.
Regulation will play into the hands of the big players; banks, investment houses, fund managers, etc. as they can set the rules and become the gatekeepers just as they were for stocks, shares, currency, metals, etc. for so many years. Great for them as they can soak up the profit for shareholders and fat bonuses and not return it to the crypto community.
I would hope the community at large comes up with self regulation to avoid this, thereby avoiding the draining of wealth into the pockets of those who's only goal is just that.
CBF
I think regulation of cryptocurrency is good for everyone because many of countries in which crypto has not regulated yet now and most of people who believe in crypto they are very dissapointed.
regulating cryptocurrency or not it does not matter cryptocurrency is here to stay if the governments want to come up with regulation no issues.
Regulation of bitcoin is truly good when the same is being used in the right way. If the market is regulated, it should be done in such a way that the decentralized functioning of the network should not get disturbed. When things go under a regulated framework automatically it'll begin to function as a centralized network under some authority.
On the one hand, this is good,because there will be less kickbacks and manipulations in the market,and on the other hand, then there will be no exorbitant prices in the market,since the price will be regulated
Rules have a good goal to protect everyone from malicious actions. I think these rules should be supported and if the rules can continue to run will certainly gain public trust. I believe that with the trust of the investor, of course, will have an impact on increasing the trading volume.
I think the regulation is in the positive direction. It will prevent scams and other frauds in the ICO. Rules should always be there because they prevent fraudsters from frauding and coning people. It doesn’t defy our freedom. I think it enforces and protects it.
Regulation will lead to better and more reliable projects. Many people are making their ICO up to make money out of people.
Many companies will be able to raise funds easily through ICO now.
Regulation will lead to better and more reliable projects. Many people are making their ICO up to make money out of people.
Many companies will be able to raise funds easily through ICO now.
Regulation of cryptocurrency simply means giving a central authority or a third party the power to control the amount of funds sent or received and the amount of it in circulation. This goes against the main ideology of the creation of cryptocurrency and the whole idea of decentralization. The crypto ecosystem needs no regulation, people need to understand the real purpose and use of cryptocurrencies.
Decentralized system of cryptocurrency is the hindrance of regulation, because crypto currency was designed to have no boundaries, meaning its free from any government manifestation. It is made for the people and by the people.
Regulation of cryptocurrency simply means giving a central authority or a third party the power to control the amount of funds sent or received and the amount of it in circulation. This goes against the main ideology of the creation of cryptocurrency and the whole idea of decentralization. The crypto ecosystem needs no regulation, people need to understand the real purpose and use of cryptocurrencies.
This is a very controversial issue. Regulation is contrary to the purpose of crypto. Crypto should be anonymous and decentralized. But on the other hand, it would help to protect crypto users. But I still think that we can do without regulation.
Depends on how regulation implemented for the general people. At this moment many countries are banning crypto and regulations bis better than banning them. In this market there are many problems regarding crypto like money laundering or scams. To stops this kind of thing regulation is much needed. And if regulation comes there will be less scams as my opinion. But regulation has its own problems. This crypto currency will lost its privacy if regulation come to the ecosystem. That's a big problem for its user.
Regulation of is one of the factor that will make to adopt Bitcoin and crypto currency at large this is because there are so many people out there who don't trust anything that is not regulated by the government of there country and that has pose a serious challenge on the adoption of crypto currency in general.
I agree to the rules. They should be always and everywhere. Because there will be chaos. But no one says that you need to control cryptocurrency. And I am sure that it will be as soon as there are regulators.
we are not talking about the control of the cryptocurrency itself, but the control of new projects and their teams. I think it will be very positive for investors.
Regulations is a very good thing that the cryptocurrencies space must have in order to attain mass adoption.
This will greatly reduce criminal activities in the crypto world and also protect investors.
Without it, cryptocurrency can never gain the kind of ground it deserves in the world market
This will greatly reduce criminal activities in the crypto world and also protect investors.
Without it, cryptocurrency can never gain the kind of ground it deserves in the world market
I agree to the rules. They should be always and everywhere. Because there will be chaos. But no one says that you need to control cryptocurrency. And I am sure that it will be as soon as there are regulators.
Certain kinds of regulations are ok. Like regulations that ensure a higher quality product/service. Or ones that make it safer. Nothing over the top though. Something like a "gateway exam"
I do not think that regulation will fix the situation in the world of cryptocurrency. Because this world should not obey anyone. I think that they are not needed. Is that reduce the number of scammers.
No, it won't fix it. There really is no fix. It is up to us as investors to support good projects.
Regulation in the cryptomarket can be both a good thibg and a bad thing. It is good because once the regulation starts on a specific region then rules and regulation can be implemented to help users, investors, and even the developers to be safe from uncertenties in the market. On the other hand this regulation can also be exploited to the loop holes of the rules to benefit the few.
I think that government regulation will certainly lead more to a negative situation in the cryptocurrency market. In fact, these are 2 different objects of opposition.No, it won't fix it. There really is no fix. It is up to us as investors to support good projects.
Regulation in the cryptomarket can be both a good thibg and a bad thing. It is good because once the regulation starts on a specific region then rules and regulation can be implemented to help users, investors, and even the developers to be safe from uncertenties in the market. On the other hand this regulation can also be exploited to the loop holes of the rules to benefit the few.
Yea, we all understand that investing is very risky and even the non-investor knows and understand this but risking it all in a project that can end as a scam project is definitely far way more than risky. If ICOs are regulated, the confidence of investors will be boosted and many will join in to invest. To me regulation is good to the industry.
Majority of investors out there fear joining the crypto world because there is no regulation. They fear to be scammed and lose their hard earned money with a blink of an eye. If crypto is being regulated, I think it will help crypto reach mass adoption and take fear out of investors.
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