Topic: Is regulation good or bad? - page 17. (Read 30843 times)
Regulations will certainly hug cryptocurrency with time in bid to make it safer and in control of centralized bodies. I see regulation as a necessary evil that must happen to sanitize this industry and promote cryptocurrency adoption by good projects
I've got scammed by so many developers for not getting paid in my bounty campaigns. And having regulation imposed to every projects doing ICO's, STO and IEO's, it surely protect investors and supporters of the project. Having a regulated IEO's, or ICO's is an assurance and investors trust in the projects is high.
As everything regulation has 2 sides good and bad good is after some norms there will be less scammers but bad is the main concept of crypto i mean anonymity would lose so we must decide ourselves which is more importonat, i think we need some regulation which would give more adaptation.
It's not like that. Regulation doesn't make the scammers go away. There's so much regulation in the fiat world and yet scammers are roaming everywhere. They steal your credit cards or your identity set up fake bank accounts and take credit in your name.
Regulation is bad. If you don't want to fall victim to a scam start being more careful!
Don't mistake regulation as a bad thing. It's like drinking responsibly in drinking alcohols. So if you put it that way, it means that it is for a good cause. The reason why we have regulations is that sometimes bitcoin was used for hijacking money. And sometimes bitcoin is used in buying drugs, or illegal things. It's more on the betterment of it. So that we can have a lot of investors coming to the market.
It will depend on person to person view, it can be taken as good as scam will decrease and general public can also buy crypto without worry as it become trusted in their mind i.e general public who have no knowledge of crypto often think it as ponzi scheme and they don't trust it all and after government involvement general public can also think of investing.
Second view is crypto will loose its nature , the main purpose of crypto was decentralization and full control of your funds.
It can be taken as opposite to its original principle.
Second view is crypto will loose its nature , the main purpose of crypto was decentralization and full control of your funds.
It can be taken as opposite to its original principle.
I believe that crypto participants should stay anonymous, otherwise we will lose the main aim of all cryptos. There will be always enough scam projects, but with a little effort and time invested in research, investors would be able to avoid investing in such projects.
I think regulation that bridges both the crypto community and governments appropriately are going to succeed. For example the recent ciphertrace and shyft partnership in response to the FATF guidelines? https://finance.yahoo.com/news/ciphertrace-shyft-partner-address-fatf-130000581.html
I agree, regulation will bridge between law and investors. Investors must need legal certainty about their investment and the government wants to get a tax on crypto trading on the market. With regulations from the government, investors will be more comfortable
As everything regulation has 2 sides good and bad good is after some norms there will be less scammers but bad is the main concept of crypto i mean anonymity would lose so we must decide ourselves which is more importonat, i think we need some regulation which would give more adaptation.
Yes, that is how every regulation must have good and bad sides, I think every regulation has a goal that can be mutually beneficial. But if you do not want to follow the regulation, there are still many exchanges of decentralization that do not recognize such regulations.
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I think regulation that bridges both the crypto community and governments appropriately are going to succeed. For example the recent ciphertrace and shyft partnership in response to the FATF guidelines? https://finance.yahoo.com/news/ciphertrace-shyft-partner-address-fatf-130000581.html
I agree, regulation will bridge between law and investors. Investors must need legal certainty about their investment and the government wants to get a tax on crypto trading on the market. With regulations from the government, investors will be more comfortable
As everything regulation has 2 sides good and bad good is after some norms there will be less scammers but bad is the main concept of crypto i mean anonymity would lose so we must decide ourselves which is more importonat, i think we need some regulation which would give more adaptation.
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?
Regulations are good in its entirety. I strongly stand by it. It will help boost investors faith and one can be sure that the rate of scam will reduce and things will work better for everyone on the crypto space
Regulations is not bad for crypto space and I think if there is regulation it will help breath a new life into ICO fund raising issues like scam projects ,its the highest problem that's still making crypto lose face in from of people ,I hope regulation will be consider some day
I think regulation that bridges both the crypto community and governments appropriately are going to succeed. For example the recent ciphertrace and shyft partnership in response to the FATF guidelines? https://finance.yahoo.com/news/ciphertrace-shyft-partner-address-fatf-130000581.html
I agree, regulation will bridge between law and investors. Investors must need legal certainty about their investment and the government wants to get a tax on crypto trading on the market. With regulations from the government, investors will be more comfortable
Everybody decides for themselves bad or good, personally my opinion that regulators wouldn't hurt the cryptocurrency in its development and further
I wonder how you imagine the world cryptocurrency which is not regulated and not supported by anything. As for me it is stupid, it should give people some kind of guarantee or something like that.Only after the legalization of cryptocurrency and its regulation is it possible to create an infrastructure for using cryptocurrency as a means of payment. Only after this business structure will be able to legally use cryptocurrency.
I think regulation that bridges both the crypto community and governments appropriately are going to succeed. For example the recent ciphertrace and shyft partnership in response to the FATF guidelines? https://finance.yahoo.com/news/ciphertrace-shyft-partner-address-fatf-130000581.html
Regulation of course will do tje entire crypto currency industry now good than harm. The cryptocurrency airspace is already filled with scam therefore there is definitely the need to purify it.
Regulation of the crypto industry is neither good nor bad. This is one of several branches in the development of the crypto industry. I do not understand why it all comes down to money laundering? Their (money) and before the advent of cryptocurrency well laundering through other schemes.
We cannot unequivocally express our position on regulation, due to the fact that it does not exist, in the full format in which it should be.
However, we can express our thoughts about the regulators, because when they are fully implemented in cryptocurrency, we will have to work with them.
A group of human seems to corrupt when there are no rules and regulations. So to save law abiding people from scam we need some form of regulations in crypto. Specially in the matter of raising funds by different products. With so much scam in crypto industry, investors would vouch for regulations.
I'm only scared that regulation will make crypto look centralized, that trustless attribute will be lost. If every crypto enthusiasts gets a sound education about crypto and its ecosystem and stop being greedy, these scams happening every now and then will be reduced.
Greed is not going away.
Devs are greedy. Exchanges are greedy. Users are greedy.
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