Topic: Why do we need to regulate digital money - page 5. (Read 5040 times)
It is really inevitable that some theft will use this new trend to do their deeds. Even Google ban the cryptocurrency advertisement, because like Facebook, they see some deceptive content in this kind of trade. I really hope this technology will actually be effective. I am not against the trading of bitcoin but if it put a threat to people, most especially child pornography, then rules should be implemented.
At each stage there will be different things if we want it to grow even further and we want it to survive, then we should have some adjustments to the investment plan as well as a correction on how to buy. sale of bitcoin transactions
For me, there needs to be a certain degree of regulation. Regulation is really necessary to build trust for people so that Crypto currency can be trusted and to also avoid those project created without no purpose rather than to collect money from ICO and dump coin on investors.
Can create a stable crypto market. Adjusting to digital money will draw a lot of attention to marketers and the government.
Attention from governments is always a bad thing, as they tend to squeeze money from people as much as they can.
Regulation may bring institutional money. At the same time, regulation may be used by authorities, exchanges etc. to steal money from people under fake reasons.
I think digital currency rules are needed to prevent misuse of the currency itself so that it is not considered dangerous by the government and guarantees all users of digital currencies. With the creation of a sense of comfort in using digital money, it is expected that the rate of adoption of digital currencies will increase in the future.
Well this all will depend how the people will support it most specially the countries that banned and regulate cryptocurrencies. I hope in the future digital money will be legalized
Can create a stable crypto market. Adjusting to digital money will draw a lot of attention to marketers and the government.
After all there are people who do not quite trust a crypto and others want to check about a cryptocurrency so it will not be used for illegal activities such as money scams and terrorism. These noses are the main problem in the world today and should be given out loud so that I can avoid it. If it is a cryptocurrency due to anomalies and does not get the transactions, we need more to protect it.
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?
It is important to regulate the bitcoin because it is better to organise it. For the better cryptocurrencies it should be systematised for us to understand it easily and to prevent confusion. It can also prevent a those people who have a bad intentions and those do not use cryptocurrencies in a good way.
Many investors will abuse it if there are no laws in it. Also criminals may do bad things for them to have money, we must regulate it in order to have a secure and much more reliable transactions
If states do not regulate cryptocurrencies, scammers and criminals can use it for their own purposes.
Criminal will keep doing their activity even there is no cryptocurrency. Government should regulate crypto if we want to mass adoption in every bussiness sector. In many country, cryptocurrency can not used for payment because government not regulate it and merchant afraid accepting crypto for payment because central banks forbid it
in my opinion cryptocurrency does need to be regulated so that it is not used for crime. arranging here does not mean controlling and monopolizing but only regulating the mechanism of coin movement. so that the transaction runs smoothly and is not used for crime. cryptocurrency is decentralized so that it cannot be controlled by the government but if only regulation is not a problem.
Other criminal and negative actions are the reason why we need to manage digital money. I think this can be one of the ways in which the state must regulate it, because we know that if there is currently no proper regulation, the crypto currency will threaten the stability of money or the economy in a country and also have a large risk of misuse for action negative
One of the perks of regulations for me is the possibility of bringing in floods of new cash to the space and the less tendency for there to be scams especially as regards initial coins offerings, only projects with reasonable ideas gets funded, not scams
Although I hope it does not get regulated but I feel it will need to be at some point to avoid bad people out there exploiting it. At the moment there are still a lot of gray areas where people can “legally” do dodgy businesses without getting into trouble.
But this is completely contrary to all the ideas of bitcoin. It was conceived as a decentralized currency. It does not need to be regulated, and I hope that this will not happen anywhere.
Perhaps, to some small extent bitcoin is really worth controlling, but to do it so that it does not contradict all its basic ideas. Only in this case the regulation will make sense for bitcoin.
And it seems to me that the old model of the world is becoming obsolete, and bitcoin is one of the steps to change the device of our world. That is why it should remain free and not be regulated by any government.
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?
We can regulate it but not in a centralized way. That is why they have created the blockchain and every hash of it is secure. Nonetheless, the market is still down for this moment and it does not need any more regulation. People will find it hard to regulate crypto because they are very volatile. 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 think we need a centralized regulatory body or several bodies that has an international reach to minimize corruption, scams that happens on the cryptocurrency world! In the long run it will be good for everyone. This sort of plan has to be in motion, until Humans cultivate better qualities about other human beings ...
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