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Topic: Regulations or Anonymity (Read 1008 times)

hero member
Activity: 1358
Merit: 509
April 30, 2019, 06:13:47 PM
I think over time most of countries will put regulation on crypto and some of them will put tax on profit only, but also some people maybe want anonimity and yes i think they can buy bitcoin and hold on their wallet, and no one know who belongs that wallet, and tax will be put only when sell a coin and get a profit over year.
I guess most of us will choose anonymity. But, if we develop in regulation issue, it is doubtful that anonymity will go far. As time goes on, the anonymity will be taken. Unmanaged world means ruin.
hero member
Activity: 1414
Merit: 516
April 30, 2019, 03:14:24 PM
I think over time most of countries will put regulation on crypto and some of them will put tax on profit only, but also some people maybe want anonimity and yes i think they can buy bitcoin and hold on their wallet, and no one know who belongs that wallet, and tax will be put only when sell a coin and get a profit over year.
full member
Activity: 263
Merit: 100
April 30, 2019, 12:01:03 PM
That anonymity is the key to rampant fraudsters in the ICO. If we take as a rule the obligation of KYC for the team, then everything will become easier. Of course, this is not a panacea and KYC can also be circumvented, but it is more difficult and not everyone will want to do it, but that is another question.
full member
Activity: 560
Merit: 100
March 06, 2019, 02:13:02 PM
It is important to note that fraud should in no way come from the team, so they first of all need KYS, even if this is contrary to the rules of the crypto community. The investor must be confident and calm
member
Activity: 406
Merit: 13
March 02, 2019, 04:28:41 AM
These two have been topics of debates for quite some time. Some want Anonymity, while others want Regulation. Either of these two will work best for us.
It will get to a time that we just have to choose between Regulations and Anonymity.

In my opinion:
If blockchain  is redesigned without privacy, everything will work fine. Full KYC will make scams impossible.
What is your take on this?
Anonymity and regulations are two coins with different faces because the two can not work together you can have anonymity and at the same time be regulated because you can regulate what you can't control. And in my own opinion let the blockchain remain anonymous because even the KYC and the rest of them can not prevent scam from happening.
member
Activity: 546
Merit: 11
March 02, 2019, 04:19:47 AM
We now have a lot of different projects, do not need to choose one thing, if I need anonymity, I will go one way, if the regulation is another.
member
Activity: 517
Merit: 10
March 02, 2019, 03:53:51 AM
Regulations may increase the adoption in cryptocurrency while anonymity will have a resistant. But I am still thinking that anonymity is the best because we people don't want to be forced by our governments.
you are right, not many of us care about anonymity. maybe if there is regulation it can make crypto enthusiasts more, but there are also possibilities, there will be many who are afraid of this regulation.
full member
Activity: 490
Merit: 101
March 02, 2019, 03:53:14 AM
Regulations may increase the adoption in cryptocurrency while anonymity will have a resistant. But I am still thinking that anonymity is the best because we people don't want to be forced by our governments.
I would not mind partially giving up anonymity if it helped the development of the cryptocurrency and saved us from most of the scams, because otherwise nothing good will come out
legendary
Activity: 2072
Merit: 2012
Marketing Campaign Manager |Telegram ID- @LT_Mouse
March 02, 2019, 03:49:09 AM
Regulations may increase the adoption in cryptocurrency while anonymity will have a resistant. But I am still thinking that anonymity is the best because we people don't want to be forced by our governments.
member
Activity: 546
Merit: 13
March 02, 2019, 03:46:39 AM
If we want to prevent the scam project we should move into the regulative sphere of this market, otherwise our money will be in danger.
copper member
Activity: 234
Merit: 0
March 02, 2019, 03:35:28 AM
I will prefer the regulation over the anonymity because when regulation is involve the rate at which people are being scammed will reduce drastically.
Thanks.
sr. member
Activity: 770
Merit: 250
March 02, 2019, 03:16:19 AM
Anonymity is the idea behind cryptocurrency, i think keep it that way would the the best thing to do. But in case on fixing the scam project that keep on appearing, a regulation is totally needed.
full member
Activity: 2086
Merit: 100
SOL.BIOKRIPT.COM
March 02, 2019, 02:39:31 AM
Just because of anonymity we were not able to track the hackers because I believe if we have some kind of regulation in crypto space it would be much better for all of us. If KYC is there its hard to hack anyone's account atleast we will know who is the hacker and can take some action against him but on the other hand some people does not want to give their identity proof for Kyc because they are afraid that their ID proof can be misused. Ultimately I would say Kyc help to eliminate the scammers and regulation is also needed to gain the confidence of investors in the current disrupt market.
jr. member
Activity: 616
Merit: 2
March 02, 2019, 02:34:25 AM
Truly KYC to an extend will checkmate scammers, but, then what is the difference between traditional system of business and decentralized system?  I stick to decentralization which is the crust of Blockchain technology. 
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
March 02, 2019, 01:51:44 AM
These two have been topics of debates for quite some time. Some want Anonymity, while others want Regulation. Either of these two will work best for us.
It will get to a time that we just have to choose between Regulations and Anonymity.

In my opinion:
If blockchain  is redesigned without privacy, everything will work fine. Full KYC will make scams impossible.
What is your take on this?
The purpose of regulations when it comes to ICO is that, you really cannot collect a huge amount and then run away leaving the project, every ICO that is being conducted will be regulated and there will be no scams what so ever, if you are starting a project and planning to collect money from people the company planning to do so has to show their identity rather than sitting behind their computers and advertise their projects and most of them will never fulfill anything.
legendary
Activity: 2674
Merit: 1048
March 02, 2019, 01:47:41 AM
The regulation is important for cryptocurrency at least to make everyone know about cryptocurrency. As you may know when a country rejects/prohibits the use of cryptocurrency, they will give a lot of bad pressure to cryptocurrency users and even reduce the space so that cryptocurrency does not grow up properly in their country.

This is a bad impact when a country does not regulate cryptocurrency well, but the other impact when they accept cryptocurrency is that they must include KYC every time they have a wallet and now that has happened a lot especially in some centralized exchanges. I think it is a consequence when negotiating with the government, they must know everything that is done by the people, especially the negative news about cryptocurrency users.
full member
Activity: 966
Merit: 104
March 02, 2019, 01:35:07 AM
These two have been topics of debates for quite some time. Some want Anonymity, while others want Regulation. Either of these two will work best for us.
It will get to a time that we just have to choose between Regulations and Anonymity.

In my opinion:
If blockchain  is redesigned without privacy, everything will work fine. Full KYC will make scams impossible.
What is your take on this?
Fraudsters are just those who require us to undergo a KYC check. Bounty hunters mostly do their work in good faith, however, due to these illegal KYC checks, in many cases we don’t get any earned tokens. The KYC check has little to do with fraud. It was designed to prevent the possibility of laundering dirty money and to combat the financing of terrorism. Bounty hunters cannot have any relation to this, since they do not invest in ICO projects.
full member
Activity: 491
Merit: 100
March 02, 2019, 01:17:29 AM
Anonymity is the main reason I use bitcoin. The rules are always controlling you.
Bitcoin has no anonymity, there is an established issue that is low. Anonymity is at Monero and other cryptocurrencies.
copper member
Activity: 140
Merit: 0
WWW.BLOCKCHAIN021.COM
March 02, 2019, 12:57:38 AM
These two have been topics of debates for quite some time. Some want Anonymity, while others want Regulation. Either of these two will work best for us.
It will get to a time that we just have to choose between Regulations and Anonymity.

In my opinion:
If blockchain  is redesigned without privacy, everything will work fine. Full KYC will make scams impossible.
What is your take on this?

Both can be satisfactory. Even anonymous coin actually do provide a decent profit, sometimes it can be the best just like what bitcoin has proven to us. No regulation, just pure hard work and passion by its creator.
member
Activity: 171
Merit: 10
March 02, 2019, 12:13:51 AM
Anonymity is the main reason I use bitcoin. The rules are always controlling you.
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