owning a coin is self control.
as soon as you request/desire someone to control/police your funds. the funds are not yours.
you may presume ownership due to the police(regulation policy) giving you licence to request usage, but if they have the final say about if a transaction should happen or not. its not your money.
Topic: Is this how we regulate Bitcoin? - page 5. (Read 3041 times)
Regulation is necessary if we want to see Bitcoin grow into something more than just a speculative asset. Author is on point.
Ico's will continue, the reality is that education nerds to happen. There are plenty of shit scam stocks out there today, the same will always be said with ICOs.
Regulation? HELL NO. If BTC were to be regulated it would just be calleed USD.
Regulation is necessary if we want to see Bitcoin grow into something more than just a speculative asset. Author is on point.
There is no regulation. That's what makes BTC unique mate.
I'm falling in love with these guys lately - they have some really cool ideas.
Anyways, here's where I come from: https://cryptotradernews.com/cryptocurrency/how-crypto-should-be-regulated/
Key highlights:
Utilizing the underlying tech of virtually every cryptocurrency, we can police our own. With blockchain, smart contracts, and the very same miners currently working to provide the heart of Bitcoin, Ether, XRP, etc., etc., we can eliminate virtually every scam ICO as well as ensure that exchanges and wallets are adhering to industry requirements.
It really boils down to one of the most basic set of commands known to man — If, Then, Goto, and Else. Except now we have the power of smart contracts where we can ensure that the parameters are completely met along the way, and we can verify these requirements via the blockchain at any given time.
This truly is how we can regulate Bitcoin and virtually any currency isn't it? I mean we already have the power it's just a matter of putting all the pieces in place.
Thoughts?
Anyways, here's where I come from: https://cryptotradernews.com/cryptocurrency/how-crypto-should-be-regulated/
Key highlights:
Utilizing the underlying tech of virtually every cryptocurrency, we can police our own. With blockchain, smart contracts, and the very same miners currently working to provide the heart of Bitcoin, Ether, XRP, etc., etc., we can eliminate virtually every scam ICO as well as ensure that exchanges and wallets are adhering to industry requirements.
It really boils down to one of the most basic set of commands known to man — If, Then, Goto, and Else. Except now we have the power of smart contracts where we can ensure that the parameters are completely met along the way, and we can verify these requirements via the blockchain at any given time.
This truly is how we can regulate Bitcoin and virtually any currency isn't it? I mean we already have the power it's just a matter of putting all the pieces in place.
Thoughts?
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