Topic: Will crypto be fully regulated by governements? - page 4. (Read 279 times)
Might be? because if the governments from different countries will continue regulating it we will just wake up that the rest of the world are using cryptocurrencies but regulated and limited to its use,cryptocurrencies are indeed decentralized but if that will be the reason why would our market wont be accepted it is better to be regulated a little bit compare to a total ban.
I think that without state regulation, the development of the crypto is impossible. Some people are afraid to invest in crypto due to lack of governmental regulation now.
If states begin to control cryptocurrencies, then the whole point in them will be lost. Decentralization is the main difference of cryptocurrencies, which we all like so much. I don't think the state will be able to take control of everything, but some part definitely. I hope not big part. Regulation could help with fraud and scam, so here i see positive points.
Government regulation on crypto is very possible as they have lots of say on the rules and regulations of the operations of their countries, more powerful countries too can easily influence the developing countries to regulate crypto.
The Code of ethics might be a good idea as one gets to know what to expected of them, the dos and the donts, one concern however is who will monitor the ethics to ensure that they are strictly obliged to.
Not fully controlled but surely headed the direction of more regulation and stabilization which in my opinion will limit the opportunity to have big wins. Good for those who have already made it but very difficult for those who would like too.
There are much probabilities that these regulations will come to their end,germany and russia shows positive feedback about cryptocurrencies and it might be the reason why those allied countries will come to think about the good use of cryptocurrencies,the technology is changing from time to time if they wanted to be at the top,they should search and learn how to adopt the cryptocurrencies.
Nowadays some of countries are beginning to control cryptos, others ban it, and some countries legitimate crypto as means of payment.
It think that banning is narrow-minded decision of a country.
Legitimating is very prospect policy of a country. But legitimacy is impossible without regulation by authorities. So if citizens want crypto to become official means of payment they should accept it that it'd be regulated.
And of course not all governments want and can regulate cryptos. e.g. Third World countries are far from it
It think that banning is narrow-minded decision of a country.
Legitimating is very prospect policy of a country. But legitimacy is impossible without regulation by authorities. So if citizens want crypto to become official means of payment they should accept it that it'd be regulated.
And of course not all governments want and can regulate cryptos. e.g. Third World countries are far from it
They can control entry and out points (already do), but they can't control transactions. Those are really independent, if I wanted to I could send money to Bangladesh right now and nobody would stop me. Creating new wallets (addresses) should be left alone. You don't need to use official entry points either, if you want to stay anonymous. Someone can send you lets say ether and you give him/her fiat. Easy as that.
But how can they really ban cryptocurrencies? They can't take internet down, the whole world would go berserk. Sure, they can censor it, but the minute they do that in my country, I'm moving out. Though, I'm sure they won't, people would go crazy here.
But how can they really ban cryptocurrencies? They can't take internet down, the whole world would go berserk. Sure, they can censor it, but the minute they do that in my country, I'm moving out. Though, I'm sure they won't, people would go crazy here.
Some countries will try to do what big countries are doing,regulation is better than a total ban,regulating these currencies surely sucks but what we can do about that? we arent the ones who will decide if these currencies will be accepted to most of the countries but the government themselves,different countries might have different point of views,some will oppose to the regulations and some will agree.
Thats why we wont know what will happen in the future.
Thats why we wont know what will happen in the future.
Morelikely yes,because most of the super power countries has started to regulated these cryptocurrencies and they can influence the other small countries to follow their footsteps,some or few of these countries has opposed the china and the u.s response to the cryptocurrencies,germany and russia has shown some interest to the use of cryptocurrencies already that is why there is a possibility that the regulations might be minimal.
Crypto today is highly influenced by governemnt. Maybe regular negative news and government regulations keep us from BUBBLE? I mean these negative news protect us from constant growth with subsequent huge DUMP? what do you think about market corrections? I think they are healthy for crypto.
Another important thing I would like to discuss... My long-term expectations are that the next trend in crypto is global decentralization from government regulations with INTERNAL CODE CRYPTO PREDETERMINED RULES. I mean all of the users will know certain CODE of ETHICS that will be written in the code of the crypto itself.
Another important thing I would like to discuss... My long-term expectations are that the next trend in crypto is global decentralization from government regulations with INTERNAL CODE CRYPTO PREDETERMINED RULES. I mean all of the users will know certain CODE of ETHICS that will be written in the code of the crypto itself.
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