Topic: Is regulation good or bad? - page 25. (Read 30867 times)
I think that regulation is bad because the very idea of a cryptocurrency was that it was decentralized so that no one could control it because I think that the regulator is not needed in this matter
For me, regulation is good to all but I don't think regulation should always have the rule that they should know their customers or users like that because the essence of bitcoin and other cryptocurrencies that involves anonymity will be not respected at all.
There is also bad effects of regulation for sure including that the government will try to manipulate what bitcoin can do and we don't want that to happen right. So for me it's still not good to regulate crypto industry if it involves the personal information about us.
There is also bad effects of regulation for sure including that the government will try to manipulate what bitcoin can do and we don't want that to happen right. So for me it's still not good to regulate crypto industry if it involves the personal information about us.
I don't understand what's the point of regulators in the crypto community? Why they need? I am sure that if there are regulators in the crypto currency, we will see large commissions.
You already answered your own question . comissions will indeed occur when crypto is regulated because the governments and the banks are the ones that will control crypto and that means they can charge a fee or a tax on every people that will use cryptos . i think it was a a good idea so that cryptos will be legaly accepted in a formal way when compare to when its not regulated . i think it can attract more potential investors and casual people to join cryptos .
In my opinion it makes no sense to discuss things that do not yet exist. We cannot say whether this is good or bad because we do not know what effect regulation will bring to the market.
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?
In my view about regulation in crypto world business, I think it will be good in some other way, because once its being apply for sure it will prevent to those project that are scam anyway. But in some bad side the decentralization will get affect it in my opinion. We all know that centralization was being categorized under regulated business while crypto or bitcoin was unregulated system.
I don't understand what's the point of regulators in the crypto community? Why they need? I am sure that if there are regulators in the crypto currency, we will see large commissions.
I believe that the regulation will bring order to the crypto markets and close access to fraudsters. Now we see how the crypto market is outside the legal field, which allows many to manipulate and deceive. Many cryptocurrency holders fall for fraudsters' tricks and lose their funds. Of course, this is bad and something needs to be done about it. Regulation will help in solving these problems, and accordingly will be a good catholizer for the growth of the crypto market, as the crypto market will become safer and more people can join it.
It seems to me that we are not entitled to resolve such issues. And this is only known to the government that regulators are needed or not. But I'm sure that they will as soon as they implement cryptocurrency.
In my opinion, regulation is not optional but rather, regulation for this kind of industry should be mandatory. This will protect the interests of investors as well as the companies. Regulations should cover the security of the money coming in and out of the system, the storage and the protection of investors' identity. Regulation will lessen ponzi schemed ICO and other suspicious projects that aims to deceive people by getting money from them. Respective lawsuits can apply to cases like this.
The resultant of this legal action will further pump the trust of masses resulting in more people using crypto and relying on it.
The resultant of this legal action will further pump the trust of masses resulting in more people using crypto and relying on it.
Many government still not regulating cryptocurrency or ICOs perhaps government dont understand about this new market. But i think government should regulating cryptocurrency market because market cap value always growing and government should protect their citizen investment and give good investment climate
In my opinion, regulation is not optional but rather, regulation for this kind of industry should be mandatory. This will protect the interests of investors as well as the companies. Regulations should cover the security of the money coming in and out of the system, the storage and the protection of investors' identity. Regulation will lessen ponzi schemed ICO and other suspicious projects that aims to deceive people by getting money from them. Respective lawsuits can apply to cases like this.
The resultant of this legal action will further pump the trust of masses resulting in more people using crypto and relying on it.
The resultant of this legal action will further pump the trust of masses resulting in more people using crypto and relying on it.
Many government still not regulating cryptocurrency or ICOs perhaps government dont understand about this new market. But i think government should regulating cryptocurrency market because market cap value always growing and government should protect their citizen investment and give good investment climate
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?
In my view about regulation in crypto world business, I think it will be good in some other way, because once its being apply for sure it will prevent to those project that are scam anyway. But in some bad side the decentralization will get affect it in my opinion. We all know that centralization was being categorized under regulated business while crypto or bitcoin was unregulated system.
In my opinion, regulation is not optional but rather, regulation for this kind of industry should be mandatory. This will protect the interests of investors as well as the companies. Regulations should cover the security of the money coming in and out of the system, the storage and the protection of investors' identity. Regulation will lessen ponzi schemed ICO and other suspicious projects that aims to deceive people by getting money from them. Respective lawsuits can apply to cases like this.
The resultant of this legal action will further pump the trust of masses resulting in more people using crypto and relying on it.
The resultant of this legal action will further pump the trust of masses resulting in more people using crypto and relying on it.
Regulation will make everything look good but difficult to implement, I'm sure that strict regulation will make other people feel safe, but this is not the goal of crypto that is free and anonymous.
When the rule become change to centralization are not good effective for future of cryptocurrecny. The goverment must learning all about crypto before implement all, strict rule will affect to people become strange. 
The regulation is actually quite good. like my country that has issued rules regarding cryptocurrency, this makes the community in the country comfortable and for projeck developers to make permits in their country without having to go abroad to make the permit.
It's important to have this regulation favors the people in crypto, the only purpose of the regulation is just to minimize the scam, and that would help the market to grow. However, if we are all going to comply with the KYC every time we transact or use a certain service, i guess that would defeat the purpose of decentralization. I would like to see regulators in the field of IEO, ICO, in other cases regulators, as it seems to me, are not needed in the cryptocurrency.
More and more people want regulation on cryptocurrency and i think its good for the future of cryptomarket. Regulation have many advantages for crypto investor and the important thing is with regulation, it will prevent more scammers
The regulation is actually quite good. like my country that has issued rules regarding cryptocurrency, this makes the community in the country comfortable and for projeck developers to make permits in their country without having to go abroad to make the permit.
There is no doubt about the fact that regulation is not good. Nobody is saying it now and will say it if truly they understand what is really meant by regulations, its impacts and what it can do for the crypto industry. Crypto has not yet reached mass adoption due to the fact that there are no regulations and it takes only regulations to get the mass on board.
Judging by the state in which, due to the lack of regulation of ICO activities, new ICO projects turned out to be, I think that cryptocurrency regulation is necessary, and even without it, the cryptocurrency cannot be developed anyway. Without state regulation, cryptocurrency cannot be widely used as a means of payment. because the infrastructure for the practical use of cryptocurrency as a money will not develop.
I agree with this regulation because it is indeed to suppress fraud now. Moreover, many ICOs are now deceiving investors here. I also want to ask more about the benefits of this regulation except to suppress fraud, besides that there are other benefits.
perhaps indeed many ICOs will disappear if there are regulations that suppress the growth of the ICO scam. as we see now every day there are almost always unclear new projects. and we see it in this forum. then how can we trust all the projects. it is possible that if the regulation has been created and applied to the ICO project I think the list of new projects will not be fulfilled every day.
I agree with this regulation because it is indeed to suppress fraud now. Moreover, many ICOs are now deceiving investors here. I also want to ask more about the benefits of this regulation except to suppress fraud, besides that there are other benefits.
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