Topic: Should Cryptocurrenies be regulated??! Thoughts about that? - page 2. (Read 319 times)
I believe everything must be regulated to some extent because a lot of people cannot protect themselves and there are enough people who are dishonest enough to try and take advantage of that.
Regulation is a must for the government accept the development of cryptocurrency.
How can a country allow a 100 percent crypto community on their country if they can't have the tax from the people?
How can merchant accepts payment of BTC if they will not be legal in tax?
How can a country allow a 100 percent crypto community on their country if they can't have the tax from the people?
How can merchant accepts payment of BTC if they will not be legal in tax?
Yes regulation is needed to save investors money, only licensed icos should be allowed to raise funds and license should be issued after thorough details, investigation and analysis about the project and after ico their should not be unnecessary interference by authorities because we have to keep the unique and powerful decentralized concept of crypto alive also.
There is still a lot of uncertainty in the Cryptocurrency space, which is also caused because there are not clear rules for regulations yet.
As said in this article: https://flagshipcrypto.com/should-cryptocurrencies-be-regulated/
Do you think Cryptocurrencies should get regulated, or what is your take on that?
If that can make good impact for cryptocurrency, then why not? if me in my country it is better that crypto regulated, because at least people feel safe to make an investment, and crypto can adopted easily. As said in this article: https://flagshipcrypto.com/should-cryptocurrencies-be-regulated/
Do you think Cryptocurrencies should get regulated, or what is your take on that?
I think so. Some countries in Asia are already regulating ICO, there is no escape from here. Investors who had submitted for KYC must have the idea of what is about to happen as its the start of regulation. Years before KYC were introduced, we are all free from being monitored by the exchanges but now its not just them that knew us but also the company which we participated in investing to their ICO.
Cryptocurrency was originally created for decentralization. Therefore, the centralization of the cryptocurrency contradicts its initial purpose and will not lead to anything good.
I think it will not be regulated in the present but if it is regulated then it will be just a common and normal currency the trill of the decentralized currency will finish and it is true that with this not regularize situation the price will now much rise it if it is regularized it will be accepted in different parts of the world and then it will be more useful than now.
Nobody in here hoping to see them regulating the cryptocurrency, it is still ok for them regulating every exchange.
but, regulating the cryptocurrency itself is not an option for us, if they are regulating it. does not that mean, they have total control over our financial?
if they force us to do so, cryptocurrency will lose its essence absolutely.
but, regulating the cryptocurrency itself is not an option for us, if they are regulating it. does not that mean, they have total control over our financial?
if they force us to do so, cryptocurrency will lose its essence absolutely.
The idea of Bitcoin (cryptocurrency) was precisely the anonymity and lack of control of the state and any third parties, that is, complete decentralization. But now we understand that no state will give financial freedom to its citizens, so no matter how we resist, but control will be total.
It shouldn't be regulated but it will be. There's a big difference between things that we would like to happen and the things that we can't avoid and have to endure. Taxes are one of such things and countries want to regulate cryptocurrencies to make taxation more understandable and easier for us. The ultimate goal is to make everyone aware of the rules and the rules themselves as clear as possible. Regulation will also allow us to pay taxes and all of our bills with cryptocurrencies.
Yes there must be some regulator just to safegaurd investors money, more rules, regulation and filtering process is required during the ico phase if we get only licensed and filtered icos then chances of scam and bad projects will reduce.
There is still a lot of uncertainty in the Cryptocurrency space, which is also caused because there are not clear rules for regulations yet.
As said in this article: https://flagshipcrypto.com/should-cryptocurrencies-be-regulated/
Do you think Cryptocurrencies should get regulated, or what is your take on that?
As said in this article: https://flagshipcrypto.com/should-cryptocurrencies-be-regulated/
Do you think Cryptocurrencies should get regulated, or what is your take on that?
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