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Topic: Power to the people - page 4. (Read 506 times)

legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 10, 2022, 11:39:23 AM
#8
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
That power is already on the people, nothing more to do here.

The government's words are not the basis here. Once there starts a regulation-unregulation division, the unregulated projects will go underground and still run rampantly taking money from people just like they used to pre-regulation in far future. At such times, the effect of scams will therefore be much more and also those giving huge profits.

So even if the projects get regulated the "Wild West" sort of projects will still remains - because humans love to take risks and this is a prime example.

If one wants to make money, they should just be in bitcoin, why even go into the realms of scams and shitcoins?
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
June 10, 2022, 05:15:37 AM
#7
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found,
Why do you need to regulate bitcoin. You have exchange site that has become gateway for money to go in or out from the crypto market. The regulators are having better consideration rather than you. They are eyeing the gateway of money to enter into the crypto.

he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
The launch of new tokens can be fully regulated. All of centralized and decentralized platforms can comply with the regulation if it will be forced by the regulators. DEX and CEX are still being created by human. The regulators just need to forced human behind these platforms to make it happen.
hero member
Activity: 2338
Merit: 737
June 10, 2022, 04:45:04 AM
#6
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
Governments in all countries only give warnings to every citizen so as not to lose out with unregulated crypto projects and I think that is also very good for everyone because in every country there are still very many citizens who are not crypto savvy so heed the warnings from the government That's not a bad thing, I think, because the ones who come forward to stay abreast of crypto projects are those who understand the risks and only themselves who bear it when they experience losses.
member
Activity: 233
Merit: 12
June 10, 2022, 04:15:52 AM
#5
Let's just say that worse comes to worse, I will abandoned all crypto coins and tokens for BTC only, the problem is we have many decentralised projects today but they don't stand their ground as a decentralised project, this is why people will always prefer BTC over many altcoins, when it comes to BTC the government is totally powerless.
member
Activity: 1540
Merit: 22
June 10, 2022, 03:03:37 AM
#4
I think the power to choose crypto will be ultimately given to the people, governments and authorities aren't that stupid to ignore that, they are very well in their own interest. Have you ever seen them supporting something with out the purpose of making a profit? That's right, never! I believe most people would feel better trusting a cryptocurrency that has been vetted by the government than one with no founder they can regulate.
legendary
Activity: 2254
Merit: 1377
Fully Regulated Crypto Casino
June 10, 2022, 02:39:45 AM
#3
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
If thats the case then stay with bitcoin. Cause no matter what government do they cant interrupt bitcoin since its decentralized and no one can intervene. Of course thats Satoshi's goal from the start. So no matter what they do and say they cant stop bitcoin since its a system made for everybody. They can apprehend other project since they are known but not btc.
hero member
Activity: 2632
Merit: 833
June 10, 2022, 01:36:07 AM
#2
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

I really don't understand your question, bitcoin has been in the space for many years and authorities have been trying to regulate it. Haven't you heard of exchanges requiring their customers to follow mandated KYC for AML purposes?

That alone came from the directive of world governing bodies. And it has been discussed every year in G summit. So Satoshi Nakamato being anonymous doesn't affect bitcoin per se if this is what you are trying to come up.
member
Activity: 368
Merit: 15
June 10, 2022, 01:31:34 AM
#1
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
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