Taiwan not banning ICO like China | Bitcointalksearch.org

olushakes

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Quote from: vintages on October 06, 2017, 05:44:06 AM

Its official, Taiwan is now following the foot step of Japan by Encouraging cryptocurrencies.
Saw this on the news; as stated byJason Hsu, a congressman from Taiwan’s

"Just because China and South Korea are banning, doesn’t mean that Taiwan should follow suit – there is a huge opportunity for growth in the future. We should emulate Japan, where they treat cryptocurrency as a highly regulated, highly monitored industry like securities."

Guys, What's your opinion on this?
Will this changes really boost the economy of Taiwan as they have stated?

Banning ICOs outrightly without first understudying what its all about and identifying the good and the bad by doing their own independent analysis of the subject matter will only send one message and that is they are mere stooges of China. This is not to say they won't still ban ICO as that is what anybody should be prepared for but my thinking is that they would prefer to regulate by putting necessary conditions in place and if all that didn't work, they can consider the option of banning.

ngefek berat

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Quote from: vintages on October 06, 2017, 05:44:06 AM

Its official, Taiwan is now following the foot step of Japan by Encouraging cryptocurrencies.
Saw this on the news; as stated byJason Hsu, a congressman from Taiwan’s

"Just because China and South Korea are banning, doesn’t mean that Taiwan should follow suit – there is a huge opportunity for growth in the future. We should emulate Japan, where they treat cryptocurrency as a highly regulated, highly monitored industry like securities."

Guys, What's your opinion on this?
Will this changes really boost the economy of Taiwan as they have stated?

I also do not really understand how the future of Taiwan's country in the future but after this news came I am very happy because there is still a great opportunity for us in finding jobs in this forum. I can only hope that countries that do not forbid ico will be more advanced again in economy and society also live comfortably and prosperous.

samy_voc

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If Taiwan follows this route, in future Taiwan can be the ICO hub for South East Asia apart from Japan.

richkellj

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Quote from: vintages on October 06, 2017, 05:44:06 AM

Its official, Taiwan is now following the foot step of Japan by Encouraging cryptocurrencies.
Saw this on the news; as stated byJason Hsu, a congressman from Taiwan’s

"Just because China and South Korea are banning, doesn’t mean that Taiwan should follow suit – there is a huge opportunity for growth in the future. We should emulate Japan, where they treat cryptocurrency as a highly regulated, highly monitored industry like securities."

Guys, What's your opinion on this?
Will this changes really boost the economy of Taiwan as they have stated?

In as much as I feel China is trying to do right for her citizens, I still feel some games are just being played somehow cause I do not see the essence of banning ICOs when they can just be regulated and monitored like Japan is doing.

I know it is crazy for government breathing down the neck of ICOs since that was not even what we wanted initially, but if it can guarantee the safety of some who may be too lazy to make research before investing into an ICO, it is a fair played game.

Taiwan apparently understands the good it will bring and hopefully want to make the best use of it to improve their economy. It is still from a congressman though, so I won't really capitalize on that yet.

legendbtc

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Quote from: carriebee on October 06, 2017, 02:31:17 PM

Quote from: onesalt on October 06, 2017, 02:01:55 PM

Banning is not a good way to put law about ICOs. Good regulations can be made without banning.

Exactly they can made for ICO regulations without banning bitcoin. Anyway this is good news that thailand not banning like China. As this will bring bad to the community if banning bitcoin.

Even though if they ban now they need to regulate afterwords because major countries like Japan, Australia, United Kingdom have already accepted Bitcoin as payment methods. They need to follow these countries because their economic growth will not grow if they stop accepting Bitcoins.

erox

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I think Taiwan is doing what I did many years ago - creates a free zone for safe storage of money (Offshore)

vintages

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Quote from: Sex Video Chat VKcams.com on October 06, 2017, 10:56:37 PM

Quote from: omnik on October 06, 2017, 10:42:11 PM

But the important thing taiwan is not china.

Republic of China is CHINA.

http://www.taiwan.gov.tw/content2.php?p=29&c=48

Ya, indeed China is indeed what they are; always not wanting to involve in things they feel that matter less to them. Sort of like this about them.

But a lot of people were expecting Taiwan to do as China did, because they are from Asia, and it seems China is the mother of Asia countries. Just saying though.

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Quote from: omnik on October 06, 2017, 10:42:11 PM

But the important thing taiwan is not china.

Republic of China is CHINA.

http://www.taiwan.gov.tw/content2.php?p=29&c=48

omnik

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Quote from: vintages on October 06, 2017, 05:44:06 AM

Its official, Taiwan is now following the foot step of Japan by Encouraging cryptocurrencies.
Saw this on the news; as stated byJason Hsu, a congressman from Taiwan’s

"Just because China and South Korea are banning, doesn’t mean that Taiwan should follow suit – there is a huge opportunity for growth in the future. We should emulate Japan, where they treat cryptocurrency as a highly regulated, highly monitored industry like securities."

Guys, What's your opinion on this?
Will this changes really boost the economy of Taiwan as they have stated?

taiwan is against china and they are taking the opposite thing from the china's step. But the important thing taiwan is not china. Because taiwa is the different countries. So i glad to see the more country will try to legalsm the crypto.

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Quote from: 0t3p0t on October 06, 2017, 09:04:17 PM

Quote from: Febo on October 06, 2017, 12:48:28 PM

Quote from: renes on October 06, 2017, 05:46:48 AM

I haven't understand why china banned ICO and exchanges? Any reasonable explanations? Sure it will boost taiwan economy but strict regulations are also needed to make the market more trustable.

To secure customers. So you unless you are an ICO organizer. What is the role of a government? To provide friendly environment. But friendly environment is not as it is now. When ICO investors gave their money to ICO organizers and basically get no quarantine they will ever get anything back. I saw even ICOS clearly state, that they are not obliged to make a working game ( ICO was about a mobile video game).

China is just advanced, all governments will follow. They will for sure not stop, since is in their interest that economy booms, but as it is right now they need to do something.

I agree with you. China government's intention I think is to protect their citizens from scams or fraud. And governments all over the world will soon follow China's move to regulate ICO's especially those countries that were fully legalize cryptocurrency and not put any restrictions on ICO's. It is actually a good news for the people of Taiwan and to the crypto community. Taiwan is a small island nation but I know that there are a lot of digital money enthusiasts there. Too good to the Taiwanese for them to participate in token markets so additional country to accept ICO's and also ICO community become bigger and bigger. I hope that there will be no more scams on ICO's. Grin

Which impossible for now, too many scammers around that even some company protects and secured their project alot they where getting attackes that sometimes leada to failed project even they don't want it to happen. What we need is a more advance technology that can protect the ip and website more, as well as knowing the teams capabilities in running a project.

0t3p0t

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Quote from: Febo on October 06, 2017, 12:48:28 PM

Quote from: renes on October 06, 2017, 05:46:48 AM

I haven't understand why china banned ICO and exchanges? Any reasonable explanations? Sure it will boost taiwan economy but strict regulations are also needed to make the market more trustable.

To secure customers. So you unless you are an ICO organizer. What is the role of a government? To provide friendly environment. But friendly environment is not as it is now. When ICO investors gave their money to ICO organizers and basically get no quarantine they will ever get anything back. I saw even ICOS clearly state, that they are not obliged to make a working game ( ICO was about a mobile video game).

China is just advanced, all governments will follow. They will for sure not stop, since is in their interest that economy booms, but as it is right now they need to do something.

I agree with you. China government's intention I think is to protect their citizens from scams or fraud. And governments all over the world will soon follow China's move to regulate ICO's especially those countries that were fully legalize cryptocurrency and not put any restrictions on ICO's. It is actually a good news for the people of Taiwan and to the crypto community. Taiwan is a small island nation but I know that there are a lot of digital money enthusiasts there. Too good to the Taiwanese for them to participate in token markets so additional country to accept ICO's and also ICO community become bigger and bigger. I hope that there will be no more scams on ICO's. Grin

shandi albert

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A country's economy is affected by a world business such as bitcoin, if it can not keep up with bitcoin revenue, there will be a decline in the value of the country's sovereign currency if the majority uses bitcoin as a means of payment
the role of the government is very precise, bitcoin seekers
Just an opinion''

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Sarah08

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Because Taiwan needs to grow their economy that's why they didn't let the Crypto to go,Taiwan need to increase the values of their money and they don't want to lose bitcoin and other cryptos ,it is also important to them and Cryptos gives them an easy way.And they also realize that if they ban Cryptos it will be hard for them.

goldade

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Quote from: vintages on October 06, 2017, 05:44:06 AM

Its official, Taiwan is now following the foot step of Japan by Encouraging cryptocurrencies.
Saw this on the news; as stated byJason Hsu, a congressman from Taiwan’s

"Just because China and South Korea are banning, doesn’t mean that Taiwan should follow suit – there is a huge opportunity for growth in the future. We should emulate Japan, where they treat cryptocurrency as a highly regulated, highly monitored industry like securities."

Guys, What's your opinion on this?
Will this changes really boost the economy of Taiwan as they have stated?

Although, its not compulsory they must follow the same foot step but at the same time I see it happening because when Taiwan is taking the decision to be on board, they would have put into consideration what other countries have done and ICO is one key thing they would want to control and if they can't do that which is obvious, the next is to go the route of others.

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Quote from: vintages on October 06, 2017, 05:44:06 AM

Its official, Taiwan is now following the foot step of Japan by Encouraging cryptocurrencies.
Saw this on the news; as stated byJason Hsu, a congressman from Taiwan’s

"Just because China and South Korea are banning, doesn’t mean that Taiwan should follow suit – there is a huge opportunity for growth in the future. We should emulate Japan, where they treat cryptocurrency as a highly regulated, highly monitored industry like securities."

Guys, What's your opinion on this?
Will this changes really boost the economy of Taiwan as they have stated?

It is a good news to all people who are involve in cryptocurrecy. Blockchain technology is the next generation investment. I think it will have a good impact in their economy.

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Quote from: MI6 on October 06, 2017, 06:33:38 PM

Quote from: vintages on October 06, 2017, 05:44:06 AM

Its official, Taiwan is now following the foot step of Japan by Encouraging cryptocurrencies.
Saw this on the news; as stated byJason Hsu, a congressman from Taiwan’s

"Just because China and South Korea are banning, doesn’t mean that Taiwan should follow suit – there is a huge opportunity for growth in the future. We should emulate Japan, where they treat cryptocurrency as a highly regulated, highly monitored industry like securities."

Guys, What's your opinion on this?
Will this changes really boost the economy of Taiwan as they have stated?

hi dude,do you have links to news about it?
this is a good news, so I'm a little curious

Yeah they should catchup with modern technology, any advance should be good.

Check the new here:
https://www.cryptocoinsnews.com/taiwan-follow-bitcoin-friendly-japan-avoid-china-south-korea-ico-bans/

MI6

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Quote from: vintages on October 06, 2017, 05:44:06 AM

Its official, Taiwan is now following the foot step of Japan by Encouraging cryptocurrencies.
Saw this on the news; as stated byJason Hsu, a congressman from Taiwan’s

"Just because China and South Korea are banning, doesn’t mean that Taiwan should follow suit – there is a huge opportunity for growth in the future. We should emulate Japan, where they treat cryptocurrency as a highly regulated, highly monitored industry like securities."

Guys, What's your opinion on this?
Will this changes really boost the economy of Taiwan as they have stated?

hi dude,do you have links to news about it?
this is a good news, so I'm a little curious

andthereyou

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I think Taiwan realize that banning bitcoin and altcoins will do no good so they just go with the flow. In my own opinion taiwan had already planned what to do to make use of cryptocurrency.

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