Topic: More Regulations For Cryptocurrency? - page 9. (Read 3844 times)
Cryptocurrency is a already very popular and accepted currency all over the world. In current situation cryptocurrency rules and regulation is good. In future also add some regulation, that producer also start you already see some ICO are taking KYC for their project.
Cryptocurrency is design to be decentralized and at that will for ever remains at that but to some altcoins who are some how centralized it possible for it to be regulated by government.
It is expected.
Right now mostly ico system is not something we can expect to carry on. It is causing too many scams and i think, they are acting slower than i thought about this.
Right now mostly ico system is not something we can expect to carry on. It is causing too many scams and i think, they are acting slower than i thought about this.
To see more regulations on crypyocurrencies is expectable. If regulations are mostly focused on security of the users, it would be greate. I would support such regulations, if these regulations are balanced in order to not stop further growth and advancement of cryptocurrency.
obviously, there would be added regulation but is still unknown I just hope that it won't ruin bitcoin's reputation just as how the merits decrease the users of bitcoin.
I know a lot of investment regulations which were so useless abd burried a lot od projects for nothing( This is why I am against strong regulations abour crypto from the government
If we free bitcoin from any regulations that would be better than we should impose some taxes and country regulations because then it will be like fiat money which is fully controlling by countries and in the world people are happy if they have no check and balance and it is a good way to save your funds with out any tax upon it.
Price I think is irrelevant when it comes to the government on deciding what regulations they are making. If they based their regulations due to the price having insane amounts it will be unfair and not justifiable as they are actually trying to control the prices of Bitcoin with their laws which I think is wrong. Right now the regulations being created is a way to avoid criminal activities which some of them are related to money laundering, tax evasions, buying and selling of drugs, and funding terrorism which I can say is the right track in supporting cryptocurrencies.
I see government regulating bitcoin and cryptocurrencies generally especially by the time hit as high as $100000.
Even as at now that cryptocurrency price is low and bitcoin is at $6500, there is much talk about regulating it. High price of cryptocurrencies will surely attract regulations.
Even as at now that cryptocurrency price is low and bitcoin is at $6500, there is much talk about regulating it. High price of cryptocurrencies will surely attract regulations.
I wonder how to regulate the cryptocurrency because as far as I know, cryptocurrency cannot control by one or more people or even government. Maybe the government will add taxes for the cryptocurrency use, and we need to pay that taxes. And if this is happening, then I think we need to obey the rule and show to them that the cryptocurrency user follows their regulation and we don't want to break any rules.
Are you joke when seeing government have regulation of bitcoin price, what about many investor have buy bitcoin at higher price ? impossible we can control and government can make regulation of bitcoin price.
Well even that the price of bitcoin is $6,000 today still the governments from many countries are putting regulations towards cryptocurrency so i believe that theres no difference if the value stays low or grows higher.but the thing is we will only choose to accept whats make us comfortable,personally i am no against taxation’s because this is our obligations while were earning from this,but I won’t agree if governments will controls the cryptocurrency because thats why we are here because of privacy
Your reason makes sense when in the future there is a chance that bitcoin will rise to $ 100,000 per bitcoin, and the government will probably regulate bitcoin so they don't lose taxes on all transactions. after all, the exchange rate of bitcoin is the same globally, so it's not difficult for every country to decide the same rules on bitcoin.
If bitcoin is legalized, even with restrictions, this favorably affects its popularity and capitalization. Simple prohibition of bitcoin in the Internet era only develops various anonymous networks. Appearance of any legislation regarding bitcoin is a good step for crypto.
As time goes on, I think some countries may want to have some kind of regulation for cryptocurrency operation. The major problem I see with cryptocurrency is scam. Cryptocurrency is gradually becoming a safe haven for scam and people are loosing their hard earned money to scams everyday. Something has to be done about this.
Yes there will be more regulations that will come in the future. And if this regulations will make cryptocurrency better then so be it.
Bitcoin is already regulated by Rules– Computer algorithm with Community's supervision unless you want a Centralized regulation–Govt type regulation?
If government regulates Bitcoin it automatically becomes fiat.
Regulation will destroy most important features of Bitcoin,like the decentralization, Censorship resistance, permissionless, and immutablity,
Corruption will takeover.
Even Printing Bitcoin out of thin air may become possible.
But I am convinced Bitcoin cannot be regulated.
* The way out for a clever government is to create "rival coin, gives it the value/appearance of Bitcoin and slowly replacing Bitcoin with it on Centralized platforms.
* Or the total control of the Internet.
I think it impossible to have regulation for cryptocurrency but if there have then surely the scam crypto will be lessen so that the remaining will be the good one. But since most of cryptocurrency are decentralized so nobody can't be regulated it. The best way we can do is to be prepare for whatever its price whether its higher or lower because crypto is unstable, if there are can regulate it then possible its value will have improvement. If government regulates Bitcoin it automatically becomes fiat.
Regulation will destroy most important features of Bitcoin,like the decentralization, Censorship resistance, permissionless, and immutablity,
Corruption will takeover.
Even Printing Bitcoin out of thin air may become possible.
But I am convinced Bitcoin cannot be regulated.
* The way out for a clever government is to create "rival coin, gives it the value/appearance of Bitcoin and slowly replacing Bitcoin with it on Centralized platforms.
* Or the total control of the Internet.
Bitcoin is already regulated by Rules– Computer algorithm with Community's supervision unless you want a Centralized regulation–Govt type regulation?
If government regulates Bitcoin it automatically becomes fiat.
Regulation will destroy most important features of Bitcoin,like the decentralization, Censorship resistance, permissionless, and immutablity,
Corruption will takeover.
Even Printing Bitcoin out of thin air may become possible.
But I am convinced Bitcoin cannot be regulated.
* The way out for a clever government is to create "rival coin, gives it the value/appearance of Bitcoin and slowly replacing Bitcoin with it on Centralized platforms.
* Or the total control of the Internet.
If government regulates Bitcoin it automatically becomes fiat.
Regulation will destroy most important features of Bitcoin,like the decentralization, Censorship resistance, permissionless, and immutablity,
Corruption will takeover.
Even Printing Bitcoin out of thin air may become possible.
But I am convinced Bitcoin cannot be regulated.
* The way out for a clever government is to create "rival coin, gives it the value/appearance of Bitcoin and slowly replacing Bitcoin with it on Centralized platforms.
* Or the total control of the Internet.
Crypto regulations can sometimes hamper market growth, but this can be well controlled. I think if the government makes regulations about crypto it will certainly be difficult to find the holder, so the government will not have much time for this.
Yes, it may be a lot more rules that limit Cryptocurrency and this hindered the growth of the market price. The U.S. Government has already banned the use of my Bitcoin so many people hesitate to invest in crypto. But I believe that Crypto will continue to undergo development.
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