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Topic: REGULATIONS - A boon or a tale of woe? - page 3. (Read 695 times)

full member
Activity: 434
Merit: 103
January 02, 2019, 10:27:41 AM
#2
I think the debate on regulation really comes down to a debate on two definitions of value, monetary value (these people are all for regulation as it brings legitimacy and new money) and intrinsic value (utility), (these people are mostly against further regulation because it's a movement towards centralization and away from the ideals of bitcoin. Which one is right is merely a matter of opinion.
legendary
Activity: 3052
Merit: 1273
January 02, 2019, 07:51:57 AM
#1
We, we, we!
We're being super-foolish into believing that regulations will actually add some extra value to the crypto space, well you'd now ask "Why?"

Hey, but regulations are good, eh? Why the heck are you so much burnt in your ass that you're talking like this about Governments?
We've been brought down with the purpose of getting our "one and only pseudonymous asset" being sold to (literally stolen away by) these Governments who're showing a lollipop to us in the name of regulations because they want to have a hold on us by knowing who holds how much in their portfolio and send them to jail whenever they want to, for any fucking reason.

But, but, regulations are going to move the price up, you know Bakkt?
Yeah, that institutional platform by parent company ICE (Intercontinental exchange) of NYSE, so-called Bakkt. You know something? Why the hell are they delaying their launch? People are so optimistic about the launch of this super-platform (yeah, I call it that because it's not just an ordinary exchange) but the reason why it's not coming up are the regulations that are stopping it. So, when their Government is not even allowing a platform to launch their services, do you really believe their regulations and the mix of old traditional banking system and crypto will make it up to something positive happenings in the future? Well, I don't think so, because then they can either stop it at any single place or if they ever decide to just shut down everything, nobody in the world can do anything as we're the ones who took interest in getting everything ^regulated^ and think that it would increase the value of BTC. Don't you think that without the intervention of these so-called regulated firms which allow institutional investors to short BTC, BTC and all the alts were doing much better and BTC would have already crossed the 30k, maybe 40-50k levels?


P.S.: It's my personal opinion and can't say about others, but think at least a hundred times and then decide, whether we really need this or are we going to be bound by their so-called rules once everything gets into their hands? We'll be nothing more than their sockpuppets and they will leave us with nothing but regrets.
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