Topic: Is regulation good or bad? - page 27. (Read 30843 times)
I agree that the market needs large investors and in order to attract them it is necessary to regulate cryptocurrencies. When the government introduces ways to regulate cryptocurrencies, investors will be protected from fraud and without huge risks will be able to invest in blockchain startups.
for regulation issues I still don't understand about it, but for fundraising it should indeed have an institution that regulates it, but maybe not SEC I mean a new institution that regulates it, and also for AML / KYC issues This is also still a question mark because some projects still fail to do AML / KYC because using data from people on the internet and just doing a little editing can be verified, maybe that can also be managed by the institution I meant earlier.
I think regulation is a good thing for crypto, because with regulation, people trust crypto and will start investing
we cannot know in advance how regulation will affect. it can be both good and bad at the same time. but we know that it is necessary for future development
it's good for regulation in my opinion to clarify the status and law in each country and the downside might be taxes to the government that might be expensive. even though the status unit will be safe and it is clear that only the project is truly real that can be done for that
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?
It is actually good for Cryptocurrency but it could work well if the government will regulate it in a way where it is fair for everybody. They should not regulate it to use it for their personal use. Creating rules and regulations for something that is not easily governed will be hard and it might take time to perfect the regulation needed for Cryptocurrency. If we do not have regulations, abusers will still pursue their bad behaviors on how to use Crypto and setting limitations will at least lessen the abuse.
I think regulation is a good thing for crypto, because with regulation, people trust crypto and will start investing
regulation may support the development of a project. however, sometimes a regulation is burdensome to investors, or others. good or not, it all depends on the regulation. like KYC, some people may not like it very much, because they need to tell their identity, but some support it. it can also have an effect on the government, such as getting great support.
I think whether we want it or not, countries will come up with cryptocurrency regulation and taxes sooner or later.The main thing is that it should not be at the expense of the community and users of cryptocurrencies.
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.
I honestly think it will save crypto from getting shut down. Esp KYC and AML companies like Ciphertrace who just partnered with Binance and Rakuten to help with compliance. I definitely this won't be the last means to work on regulation.
Regulation is a better way to improve the industry much more but if there is no need to regulate then it is enough I think. Bitcoin and all the other crypto Altcoins are good as it is because we are making money with and other new users are getting through the process. KYC and other rules regulators are working good but they should not bring regulations which may not affect our way of making money. Regulation is partially good and partially bad, cryptocurrency should be decentralized and when regulation set in then it has forfeit it's purpose of it being decentralized, regulation is good partially in order to protect investors from scammers.
cryptocurrency or rather, Bitcoin, will still remain decentralized despite the regulation, but it is important to understand that regulation will help to Bitcoin to develop more stable
Regulators can facilitate the growth of cryptocurrency companies, especially exchanges that require fiat on-ramps, by providing seamless access to legacy systems and banking services.
Every medal has 2 sides so this one has too good and bad so good is less scammers we would have more save situation for investors but bad is main concept of crypto is anonymity, not gov regulation ,it wasn't made to be regulated and owned with any government.
Regulation is partially good and partially bad, cryptocurrency should be decentralized and when regulation set in then it has forfeit it's purpose of it being decentralized, regulation is good partially in order to protect investors from scammers.
Regulation will really help fight fraudsters. This will greatly help the crypto industry evolve. If there is a criminal or administrative punishment from the government, then there will be many times fewer fraudsters.
but what if regulation will also decrease you rights as a crypto holder? for example, some coins will be prohibited to trade.
I’m still very careful about regulation because I believe that it can both help and harm because it can help protect against fraudsters And can harm in terms of regulation of the foreign exchange market itself.
It is totally the way users take it. Cryptocurrency as a trading asset is highly risk involved and it is not that easy to stand away from scams, loses and other risk factors even when we're more aware about the market. Fearing these factors there are more people who make their investments into regulated assets, this way regulation is good. From other perspective the success with cryptocurrency is independent market, when it gets regulated automatically the growth gets manipulative as it gets into some authority's control.
I’m still very careful about regulation because I believe that it can both help and harm because it can help protect against fraudsters And can harm in terms of regulation of the foreign exchange market itself.
I honestly think it will save crypto from getting shut down. Esp KYC and AML companies like Ciphertrace who just partnered with Binance and Rakuten to help with compliance. I definitely this won't be the last means to work on regulation.
Regulation will really help fight fraudsters. This will greatly help the crypto industry evolve. If there is a criminal or administrative punishment from the government, then there will be many times fewer fraudsters.
if so i will be very happy about it. But no one really knows what will happen when regulators arrive. Agree that the future is not in our hands.
Regulation will really help fight fraudsters. This will greatly help the crypto industry evolve. If there is a criminal or administrative punishment from the government, then there will be many times fewer fraudsters.
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