Topic: Why do we need to regulate digital money - page 13. (Read 5040 times)
we don't have to direct digital forms of money however controls can be likewise useful with the selection and development of them or they can be prohibitive and even keep the appropriation inside and out. at last it will come down to what they are directing and how. for instance in the event that it is direction of trades and in the event that it prompts a more secure place where individuals can exchange with less hazard that would be something worth being thankful for.
For me i agree that we should regulate but we cannot do that only the government can.
I personally do not thin regulation will be a help. If I talk about regulation then evey national currency is regulated still people have find ways to use it fot illegal purpose.
Stock markets are regulated but still there is manipulation, fraud and other illegal activities are happening.
What regulation for me means Big people in power find a way to control it.
Regulation will not help. But with regulation new investores will not have fear in investing in cryptos.
Stock markets are regulated but still there is manipulation, fraud and other illegal activities are happening.
What regulation for me means Big people in power find a way to control it.
Regulation will not help. But with regulation new investores will not have fear in investing in cryptos.
Digital currency is like with paper money though they are different in features and process in using, both of them have the same usage. Crypto and fiat have value and they are currency.Regulations in Bitcoin can create demand in Bitcoin as a digital currency Bitcoin has gained fame in international transaction.It is also a virtual currency that can be exchanged for fiat currency. It is an acceptable form of payment to purchase goods and services.
maybe parties from crypto for the future also think about it.
if this is not followed up, then forever crypto can be used for crime.
if this is not followed up, then forever crypto can be used for crime.
we don't need to regulate cryptocurrencies but regulations can be also helpful with the adoption and growth of them.Bitcoin is totally decentralized. It's move according to demand and supply. But I think it should regulate. It can use for illegal activities.
we don't need to regulate cryptocurrencies but regulations can be also helpful with the adoption and growth of them or they can be restrictive and even prevent the adoption altogether. in the end it will come down to what they are regulating and how. for example if it is regulation of exchanges and if it leads to a more secure place where people can trade with less risk that would be a very good thing.
Perhaps the exchangers will become the place to do the money laundering? I mean still depends on the what kind of regulation they will impose on the exchangers. If it just tracks the transactions happening at the exchanger then it wont be much useful as our addresses still remain the anonymous. There are services like bitcoin mixers where we can get the anonymous characters unfolded and no will know we were the one who did that transaction. Correct me if I a wrong with this ? There Will always be different ways of making the whole transaction anonymous and thus keep it untraceable. This is as long as we do not transact in the bank accounts. However the later is still the same case as if today.
When cryptocurrency is started to regulate, it will become even more popular, because investors will be confident that they will not lose their money, because the rate will hold and capitalization will increase many times, there will be more movements on the market.
Who will regulate digital money? There are too many illegal things that Bitcoin users use for malicious purposes.
Well, if digital money be regulated, it won't be a bad idea as it may help control inflation and for the sake of taxes.
I guess that's what is around bitcoin for now. Presently some government have issues with the high price of bitcoin because they feel its fraudulent and their control measure is to stop it.
I guess that's what is around bitcoin for now. Presently some government have issues with the high price of bitcoin because they feel its fraudulent and their control measure is to stop it.
Digital currencies have changed a lot, digital currencies do need to be organized so as not to happen for abuse by criminals, and with those rules will make the user feel comfortable.
At the same time, if regulating bitcoin will make thw government feel okay then so be it. But the government can not control bitcoin that is for sure. Bitcoin will run with its unique system. If it will be the currency of the world it probably needs regulations such as tax because tax is where the government get funds. Regulations have negative and positive but lets focus on the positive effect.
digital currency need to regulate in a country to make legalize by a government because cryto is a decentralize.
Because something that isn’t regulated by government will never become mainstream. A lot of prospective investors are turned off by the fact that they have no protection. Government regulations will be the single biggest recruiting tool for cryptocurrency.
Digital currency is to change the world, many of which were positive, to a certain extent, they pose a containment of the government, gave the people an alternative, but that doesn't mean they don't need to be regulated.
One of the core reason is: anonymous, do not track, not regulated digital currency will make form a closed loop technology crime, money laundering and terrorist, and disappear from unsolved bits, bytes, while the impact damage with each person in this world.
If every penny of extortion is tracked, is there enough motivation and courage to launch a WannaCry to attack the world?
One of the core reason is: anonymous, do not track, not regulated digital currency will make form a closed loop technology crime, money laundering and terrorist, and disappear from unsolved bits, bytes, while the impact damage with each person in this world.
If every penny of extortion is tracked, is there enough motivation and courage to launch a WannaCry to attack the world?
Yes indeed, it is very important to regulate crypto currency inside the internet where lots of people lives. Since majority of all the people in the world are capable of accessing the internet. It is very risky for everyone to commit the money.
However, I don't think that Bitcoin and digital currency will be regulated as a whole because internet is a wide field of possibilities. Thus, it is only possible for a certain country to be regulated if the government does.
I don't really get it why we are afraid of digital currency regulation? I mean, if you are not engaged in any criminal activities, why would you want to prevent digital currency regulation, anyway? I'll give you more security and better trust by people, which will eventually promote it's growth and power, IMHO.
The cryptocurrency is growing very fast, and with it, a lot of problems arise. Money laundering, tax evasion, illegal arms investment, terrorism, and drugs ... We should have strict and clear regulations from governments, ensuring equality for all.
I think the current time is not the time to adjust digital money, cryptocurrency is still not completely popular and is still in the development stage. Need more time and challenge for cryptocurrency
Digital currency is to change the world, many of which were positive, to a certain extent, they pose a containment of the government, gave the people an alternative, but that doesn't mean they don't need to be regulated.
One of the core reason is: anonymous, do not track, not regulated digital currency will make form a closed loop technology crime, money laundering and terrorist, and disappear from unsolved bits, bytes, while the impact damage with each person in this world.
If every penny of extortion is tracked, is there enough motivation and courage to launch a WannaCry to attack the world?
The reason why the government is creating regulations is because for them to protect their citizens. Cryptocurrencies is too risky investment, government are aware that many people are losing their money because of cryptocurrency investment. One of the core reason is: anonymous, do not track, not regulated digital currency will make form a closed loop technology crime, money laundering and terrorist, and disappear from unsolved bits, bytes, while the impact damage with each person in this world.
If every penny of extortion is tracked, is there enough motivation and courage to launch a WannaCry to attack the world?
I disagree if bitcoin is regulated by a party. It will eliminate the characteristics of bitcoin as a crypto currency with a decentralized system. When bitcoin is set, bitcoin makes no difference with fiat currency. Of course bitcoin cannot be used anonymously anymore, bitcoin cannot be controlled by ourselves. Of course this makes me less enthusiastic in transacting using bitcoin because my security is less guaranteed.
I am also more happy if bitcoin is regulated by official parties internationally. This is to anticipate very uncertain price fluctuations. This uncertain and unstable price tends to make crypto currency players very frustrated. Therefore crypto currencies should be regulated internationally. Indeed we will lose anonymous facilities if bitcoin is regulated but this will minimize the crimes committed through bitcoin. When bitcoin is set up so we will be more responsible for transacting using bitcoin.
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