Apart from scam artists in crypto space we have too many unprofessional developers that falsely act like they are really good in a particular field and try to build blockchain based projects but failed in the end,if there is really any way to make blockchain available to only professionals that are qualified it would have been a different story for crypto,even scammers wont have a chance,this is why i think we need REGULATIONS pretty bad.
Here, of course, from which side to look at, because on the one hand regulation of cryptocurrencies will lead to honest people who use cryptocurrencies will begin to experience various problems that their countries have imposed on the use of cryptocurrencies, and on the other hand, governments will be able to track down scammers and punish them and less different scammers will create various companies to raise funds and disappear after that, but at the moment how I know governments already working on regulation, but I not saw any info about it already long time. 
Topic: We need regulation pretty bad - page 3. (Read 5575 times)
no we don't need regulations at all and the worst part is that regulation is not going to solve anything in the way you think they are!
the same scams are going to continue to happen if not more if this market was heavily regulated and people were restricted about what they could create. that would just push people into off-the-market and in shady places for trading.
the solution to the problem you are concerned with is so easy! people simply have to stop giving away their money to any random person who asks for it in return for garbage.
Without regulations crypto will not move from geeks to real people. Real people are used to be "protected" by the law. the same scams are going to continue to happen if not more if this market was heavily regulated and people were restricted about what they could create. that would just push people into off-the-market and in shady places for trading.
the solution to the problem you are concerned with is so easy! people simply have to stop giving away their money to any random person who asks for it in return for garbage.
Finally, crypto will be regulated, but in some countries. However, it will be something like a "paper" law. In reality, it is impossible to regulate the market as millions of people are involved in the operations, and almost all of them are pseudonymous (not anonymous now, as we understand). Therefore, in the future (at least in 3-7 years) nothing here can be changed globally, even if the laws are signed.
The crypto market is a place where people want to be anonymous and do not want to undergo the same regulation as in our daily lives. That is why many of us do not want to allow the regulation of the crypto market in one way or another. They cheat on you during ICO - do not participate in ICO, but this is not a reason to ask to regulate the crypto market.
This is a good idea since the crypto world is now made up of unprofessional developers are pretends they know it all but honestly they know nothing and fail in all the project they build based on blockchain and surely if crypto is to be regulated, it will help curb all these unprofessional developers and do away of these scammers. Regulation doing all these will bring much adoption as well into the crypto industry.
Its the same people who wants regulation on the open crypto markets. NO we don't!
I don't need uncle SAM to know what I'm trading, what I buy, or anything else for that matter. Bitcoin and crypto wasn't invented to regulate it, better buy stocks if you are in that belief!
Decentralized trading is gonna be huge soon, which is why I'm very excited to see Stakenet's Lightning DEX solution which will compete against against a LOT of other DEX solutions. It's gonna be superior in trading fees, speed, and liquidity, since it runs on Lightning through masternode lightning hubs.
Do your own research on this one, but this project aims to REMOVE all kinds of regulations from crypto, and will enhance BTC and LTC massviely with their dApps.
I agree with you. A tightly-controlled, permissioned blockchain authorized by a central bank sounds like an absolute nightmare.I don't need uncle SAM to know what I'm trading, what I buy, or anything else for that matter. Bitcoin and crypto wasn't invented to regulate it, better buy stocks if you are in that belief!
Decentralized trading is gonna be huge soon, which is why I'm very excited to see Stakenet's Lightning DEX solution which will compete against against a LOT of other DEX solutions. It's gonna be superior in trading fees, speed, and liquidity, since it runs on Lightning through masternode lightning hubs.
Do your own research on this one, but this project aims to REMOVE all kinds of regulations from crypto, and will enhance BTC and LTC massviely with their dApps.
I don't believe Satoshi Nakomoto would have even bothered developing Bitcoin had he expected blockchain to be used as an instrument of slavery like that. Honestly, we'd be better off using fiat cash at that rate.
If Stakenet succeeds at providing an immutable DEX with full interoperability between a theoretically-unlimited coins directly from a private qt wallet, the only thing lawmakers and regulators could do is punish people for using it. It'd be completely out of their control..
Here's a more detailed read on it, if you're interested.
https://medium.com/altcoin-magazine/the-cypherpunk-standard-of-banking-88f84a834180
Its the same people who wants regulation on the open crypto markets. NO we don't!
I don't need uncle SAM to know what I'm trading, what I buy, or anything else for that matter. Bitcoin and crypto wasn't invented to regulate it, better buy stocks if you are in that belief!
Decentralized trading is gonna be huge soon, which is why I'm very excited to see Stakenet's Lightning DEX solution which will compete against against a LOT of other DEX solutions. It's gonna be superior in trading fees, speed, and liquidity, since it runs on Lightning through masternode lightning hubs.
Do your own research on this one, but this project aims to REMOVE all kinds of regulations from crypto, and will enhance BTC and LTC massviely with their dApps.
I agree with you. A tightly-controlled, permissioned blockchain authorized by a central bank sounds like an absolute nightmare.I don't need uncle SAM to know what I'm trading, what I buy, or anything else for that matter. Bitcoin and crypto wasn't invented to regulate it, better buy stocks if you are in that belief!
Decentralized trading is gonna be huge soon, which is why I'm very excited to see Stakenet's Lightning DEX solution which will compete against against a LOT of other DEX solutions. It's gonna be superior in trading fees, speed, and liquidity, since it runs on Lightning through masternode lightning hubs.
Do your own research on this one, but this project aims to REMOVE all kinds of regulations from crypto, and will enhance BTC and LTC massviely with their dApps.
I don't believe Satoshi Nakomoto would have even bothered developing Bitcoin had he expected blockchain to be used as an instrument of slavery like that. Honestly, we'd be better off using fiat cash at that rate.
If Stakenet succeeds at providing an immutable DEX with full interoperability between a theoretically-unlimited coins directly from a private qt wallet, the only thing lawmakers and regulators could do is punish people for using it. It'd be completely out of their control..
Its the same people who wants regulation on the open crypto markets. NO we don't!
I don't need uncle SAM to know what I'm trading, what I buy, or anything else for that matter. Bitcoin and crypto wasn't invented to regulate it, better buy stocks if you are in that belief!
Decentralized trading is gonna be huge soon, which is why I'm very excited to see Stakenet's Lightning DEX solution which will compete against against a LOT of other DEX solutions. It's gonna be superior in trading fees, speed, and liquidity, since it runs on Lightning through masternode lightning hubs.
Do your own research on this one, but this project aims to REMOVE all kinds of regulations from crypto, and will enhance BTC and LTC massviely with their dApps.
I agree with you. A tightly-controlled, permissioned blockchain authorized by a central bank sounds like an absolute nightmare.I don't need uncle SAM to know what I'm trading, what I buy, or anything else for that matter. Bitcoin and crypto wasn't invented to regulate it, better buy stocks if you are in that belief!
Decentralized trading is gonna be huge soon, which is why I'm very excited to see Stakenet's Lightning DEX solution which will compete against against a LOT of other DEX solutions. It's gonna be superior in trading fees, speed, and liquidity, since it runs on Lightning through masternode lightning hubs.
Do your own research on this one, but this project aims to REMOVE all kinds of regulations from crypto, and will enhance BTC and LTC massviely with their dApps.
I don't believe Satoshi Nakomoto would have even bothered developing Bitcoin had he expected blockchain to be used as an instrument of slavery like that. Honestly, we'd be better off using fiat cash at that rate.
If Stakenet succeeds at providing an immutable DEX with full interoperability between a theoretically-unlimited coins directly from a private qt wallet, the only thing lawmakers and regulators could do is punish people for using it. It'd be completely out of their control..
Apart from scam artists in crypto space we have too many unprofessional developers that falsely act like they are really good in a particular field and try to build blockchain based projects but failed in the end,if there is really any way to make blockchain available to only professionals that are qualified it would have been a different story for crypto,even scammers wont have a chance,this is why i think we need REGULATIONS pretty bad.
I am sure that in the crypto market it is possible to skillfully combine regulation during the various rounds of ICO and IEO in order to protect investors from scammers. At the same time, do not allow regulation for trade, mining and other areas of the crypto market. With the wise use of regulation for the crypto market, it can be beneficial not to amend freedom.
Regulations won't be very helpful, con artists to couldn't care less about the law and they will make false characters and qualifications and after that individuals will put resources into those tricks thinking they are secure in light of the fact that presently there is regulation set up, in certainty it is conceivable that regulation can aggravate things even, we can see this with the regulations that constrained icos to request KYC data out of their financial specialists, tricksters were extremely upbeat that such regulation go since they could likewise take the personalities of their speculators and not just their cash.
The regulators won't help the defrauded investors for recuperating their misfortunes, the inconveniences of the regulation can demolish the genuine Satoshi vision. IEO extends nearly diminished the trick pace of over 70% as I would like to think, the presence of exacting standards will just bring less opportunity for crypto financial specialists. The genuine devotees consistently pick the correct way of the real influencers, different ways are not getting down to business as I would like to think
I second the motion.
Regulation will make many country open for cryptocurrency and bitcoin mass adoption.
Their local merchants will start to accept cryptos.
Many future scammer team will be regulated or put in jail.
Regulation will make many country open for cryptocurrency and bitcoin mass adoption.
Their local merchants will start to accept cryptos.
Many future scammer team will be regulated or put in jail.
Well this regulatory issues are something that can be debated on for years. Fact is that we should know scammers are scammers and they won't stop. moreover we shoul note that Bitcoin and cryptos in general were built to be uncensored so overregulation could kill it tho.
Regulation is better option. If the regulations occur,you can get huge profit from crypto from trading.But some are using the cryptocurrency transcation to scam people.Some are asking to send payment of bitcoin to their wallet and scam them after payment,without providing service to them.Some fake professional also get money by saying,they are the real service provider.
What we need is for people to stop being dumb and not to put their hard earn money to those scam ICO's. Regulations will be just futile because we al know that the system is decentralised. If people would just educated themselves, I'm sure less projects will run of investors money because they know they can't fool people anymore. Knowledge and education is the key here and not a full blanket regulation, in my opinion.
I agree with this, the decentralized nature of the market will never allow for regulations to be successful, regulations can work in a highly centralized market dominated by a few companies, but in the market of cryptocurrencies where the only requirement needed to launch your own coin is to have a computer with internet connection such regulations will never be enough to stop scammers, as such the only solution is to educate ourselves about the dangers of investing in new coins and try to make newbies understand this fact before they lose all their money by investing in icos. no we don't need regulations at all and the worst part is that regulation is not going to solve anything in the way you think they are!
the same scams are going to continue to happen if not more if this market was heavily regulated and people were restricted about what they could create. that would just push people into off-the-market and in shady places for trading.
the solution to the problem you are concerned with is so easy! people simply have to stop giving away their money to any random person who asks for it in return for garbage.
Without regulations crypto will not move from geeks to real people. Real people are used to be "protected" by the law. the same scams are going to continue to happen if not more if this market was heavily regulated and people were restricted about what they could create. that would just push people into off-the-market and in shady places for trading.
the solution to the problem you are concerned with is so easy! people simply have to stop giving away their money to any random person who asks for it in return for garbage.
no we don't need regulations at all and the worst part is that regulation is not going to solve anything in the way you think they are!
the same scams are going to continue to happen if not more if this market was heavily regulated and people were restricted about what they could create. that would just push people into off-the-market and in shady places for trading.
the solution to the problem you are concerned with is so easy! people simply have to stop giving away their money to any random person who asks for it in return for garbage.
Without regulations crypto will not move from geeks to real people. Real people are used to be "protected" by the law. the same scams are going to continue to happen if not more if this market was heavily regulated and people were restricted about what they could create. that would just push people into off-the-market and in shady places for trading.
the solution to the problem you are concerned with is so easy! people simply have to stop giving away their money to any random person who asks for it in return for garbage.
But, do you agree that even professionals were being scammed? Even the educated and good developers are being trapped by scammers. The bottom line here is, regulated or unregulated system. Scammers will not gonna disappear. If money is involved, there they are hunting it. That's what cryptocurrency special, because of it's decentralized and unregulated system.
You have said my mind to some extent and I totally agreed with you on some of them, but there is one thing that I still personally believe, if there is regulation, the rate of scamming in the industry will reduce. We know completely well that it can never disappear completely, since fiat system existed also, scamming as been rampant and it is becoming more rampant with the age of technology that keep growing on a daily basis, and one of the technology is what we have seen.I don’t believe that there is nothing that cannot be put under control, which is why GOD has given us that high wisdom, human beings are too intelligent that we have not use the intelligence up to 1 percent of what God really gave us. if government are really serious, my brother, we are so much brains in this world that will bring solution to it within a minute.
Regulations will not solve anything including scams. What we need is some serious security protocol that would detected dubious projects. It may not be available for now but someday and hopefully somehow, it would come to realization.
Regulations might just bring the scenario into its worst so it would not still a solution to the problem. Instead, let's all try to be educated so that those who make fraud will not be tolerated anymore. Scamming won't be prolong if we are just responsible enough of our own decisions and actions. There's no need for regulations anymore because we ourselves are the ones who can really solve this problem.
I most say some things mentioned in this post are true but i guess this is the price we have to pay for decentralization.. The space jist needs to mature more and device mechanism to curb the presence of rookie developers and scammers.
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Apart from scam artists in crypto space we have too many unprofessional developers that falsely act like they are really good in a particular field and try to build blockchain based projects but failed in the end,if there is really any way to make blockchain available to only professionals that are qualified it would have been a different story for crypto,even scammers wont have a chance,this is why i think we need REGULATIONS pretty bad.
Do you mean that all these projects should be managed by people who know in the field of crypto and professional people? Yes ' ' I agree with that and they have to pass KYC. So everyone knows that this person is very professional and has a good track record of the project developer. But making regulations is very difficult because the system in this crypto is accessible all over the world, so if setting it up is very difficult.
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