Topic: Regulations for crypto currencies - page 8. (Read 960 times)
As we know that the advantage of cryptocurrencies is that it is decentralized, meaning that it is not centralized or there is no third party intervention. but if cryptocurrencies have been legalized by a government, it is clear that regulations will be enforced, although they cannot change the nature of decentralization itself but other regulations such as being taxed may be applied.
will this change the nature of crypto, namely decentralization to not being fully decentralized? What do your friends think here? Please share, hopefully this can add insight for all of us 😊🙏
Regulation will be implemented when it comes to the centralized exchange site. All of blockchain projects didn't have problem with the regulation. The regulation was only targetting the gateway for the funds to go in and out. The fact that blockchain was still decentralized. if you didn't wanna deal witht he regulation that will be implemented in exchange site and how can you trade crypto safely? regulation and decentralization can co-exist. Just because cex was getting regulated and it doesn't mean the decentralization of blockchain will be robbed by the regulation. that's a non sense thing to happen. If you wanna go to the private or side chain and it will be centralized. Did you know what mean of decentralized in the crypto? It was running by thousands of nodes in the world to create a network.
Regulatory issues for cryptocurrency have actually been around for a long time. In fact, it was several years ago. But it seems, in the past year or so, it has become a serious topic of discussion in several countries. And it seems, some countries will soon implement it. What I personally think is, if true, many countries start implementing regulations for crypto currency, will this change the nature of crypto, namely decentralization to not being fully decentralized? What do your friends think here? Please share, hopefully this can add insight for all of us 😊🙏
Most of the countries that publicly involved in crypto has already implemented regulations since they started accepting crypto currencies. I believe most the Country that will have an interest on crypto will surely follow since they will lose a lot of money if they allow crypto freely trade without any regulation.
Regulations will make crypto more stronger because user will have a protection for a possible abused by scammer.
There will be coins that will remain decentralized but will only be subjected to regulations when they circulate in the market. Regulations are good, it makes this market trustworthy. If it's a trustworthy market, countries will have an interest in it.
It's best for countries to actually make their regulations now so that their people will have the chance to hedge their local currency against inflation because the crisis seem to be getting worse.
Regulatory issues for cryptocurrency have actually been around for a long time. In fact, it was several years ago. But it seems, in the past year or so, it has become a serious topic of discussion in several countries. And it seems, some countries will soon implement it. What I personally think is, if true, many countries start implementing regulations for crypto currency, will this change the nature of crypto, namely decentralization to not being fully decentralized? What do your friends think here? Please share, hopefully this can add insight for all of us 😊🙏
well there will be a good improvement of crypto if in the future the adoption of crypto will increase more, indeed that's how it always work wherein because of adoption.. And it will become so expensive for sure like what governments trying to do with crypto so that they can stop people from buying crypto. Lol i don't think its possible since crypto space is like a roller-coaster. But yeah mate keep holding if you have cryptos in your wallet because you can get a good return from it in the end of the day because crypto market is really improving every year because of such reasons.. Regulatory issues for cryptocurrency have actually been around for a long time. In fact, it was several years ago. But it seems, in the past year or so, it has become a serious topic of discussion in several countries. And it seems, some countries will soon implement it. What I personally think is, if true, many countries start implementing regulations for crypto currency, will this change the nature of crypto, namely decentralization to not being fully decentralized? What do your friends think here? Please share, hopefully this can add insight for all of us 😊🙏
Most of the countries that publicly involved in crypto has already implemented regulations since they started accepting crypto currencies. I believe most the Country that will have an interest on crypto will surely follow since they will lose a lot of money if they allow crypto freely trade without any regulation.
Regulations will make crypto more stronger because user will have a protection for a possible abused by scammer.
Regulatory issues for cryptocurrency have actually been around for a long time. In fact, it was several years ago. But it seems, in the past year or so, it has become a serious topic of discussion in several countries. And it seems, some countries will soon implement it. What I personally think is, if true, many countries start implementing regulations for crypto currency, will this change the nature of crypto, namely decentralization to not being fully decentralized? What do your friends think here? Please share, hopefully this can add insight for all of us 😊🙏
if it's good and speed up adoption i have no problem with this. regulation is like a double edged knife. On the one hand, this is good because crypto is recognized and considered legal. on the other hand, regulation makes the decentralized nature of crypto fade away. Strict scrutiny from regulators makes crypto seem to lose something that is most important. but if we want to make crypto a global currency, we need regulation for all of it. so it's like a dilemma for us right now.
Regulatory issues for cryptocurrency have actually been around for a long time. In fact, it was several years ago. But it seems, in the past year or so, it has become a serious topic of discussion in several countries. And it seems, some countries will soon implement it. What I personally think is, if true, many countries start implementing regulations for crypto currency, will this change the nature of crypto, namely decentralization to not being fully decentralized? What do your friends think here? Please share, hopefully this can add insight for all of us 😊🙏
It will change the actual scene and we have to embrace the government's ruling towards crypto. We can't do something with that, they're also adopting.But the thing is that they're the ones that dictate what should we do and what's a must and what we shouldn't do. At some point, it's also going to help the market itself because there's the support of the government and this give peace and worry-free to the new investors that are still in doubt.
There are already several countries that allow crypto to transact and the last country is El Salvador which legalized Bitcoin as a legal tender and in my opinion El Salvador was one of the first countries to legalize Bitcoin. The implementation carried out by the country to the people there who are not pushy makes me believe that the benefits that will be obtained are very large because as I know that cryptocurrency has a transparent and very easy transaction system.
Regulatory issues for cryptocurrency have actually been around for a long time. In fact, it was several years ago. But it seems, in the past year or so, it has become a serious topic of discussion in several countries. And it seems, some countries will soon implement it. What I personally think is, if true, many countries start implementing regulations for crypto currency, will this change the nature of crypto, namely decentralization to not being fully decentralized? What do your friends think here? Please share, hopefully this can add insight for all of us 😊🙏
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