Topic: Will regulation kill cryptos? - page 7. (Read 819 times)
To be clear no government can regulate crypto currencies but crypto exchanges. It's possible to see exchanges have strict rules, limitations etc (like in US) but they will not stop exchanging crypto currencies. People will always find a way to exchange crypto currencies. If all countries have the similar rules, then we might see Silk Road 2.0
Most likely not, because progress can only be slowed down, but it can not be avoided, which in this situation should only please. In fact, this will happen, many people, especially the government wants to continue in the world was the old economy, but bitcoin very much hampered this ... that's trying to regulate as they can.
I dont think regulation is enough to kill cryptos. The only thing regulations will do to cryptos is that they are going to get their price down and that is very satisfying for governments because if the price falls a lot of people will start selling their coins and stop using bitcoin. If governments want to take down cryptos they are going to make that,doesnt matter what they have to do. I dont doubt any second that they can do that because they are the most powerful thing in a country. People could be much stronger than governments but they are weak and dont think clear.
regulation is basically contrary to the concept which proposed by satoshi yup the decentralized nature. Will regulation kill crypto? I don't think so, but it might inhibit the growth and development of the crypto itself. Many people out there complain about the regulations imposed by their government, and even there was an exchange that had to move their headquarters to another country due to the regulation of their government, there's always pros and cons if we talk about this issue.
it depends on how regulations were made. as long as it doesn't somehow compromise the essence of bitcoin it can become effective. Some countries have even imposed tax on bitcoin but I think it is going good because of proper imposition of law.
Since its not dead its safe to consider it immortal. As intended. Build to withstand worst imaginable 80's scenarios. Could be China syndrome or even the Stockholm syndrome.
I would like to represent Norway on that matter.. Just kidding.
I would like to represent Norway on that matter.. Just kidding.
They could definitely kill it. In most cases, I don't believe it would be in the form of "outlawing" crypto, or anything that overtly dramatic, instead it would be something like banning/closing exchanges, or banning banks from receiving fiat from exchanges. They might do this kind of thing to prevent capital flight during a crisis, if that capital flight took the form of people bailing in mass on their countries' currency (think Venezuela if the people had more agency). Regardless of why they did it, this would effectively collapse the price, especially if enough major governments did so.
they cant outlaw crypto because what they are then going to build is basically banks run by regional gays, (gay germans in deutsche bank) gay new yorkers in moodies
gay chinese in bank of china etc. opening large scale abuse for those respective social prisons, gay jews in israel....
thats the problem with regional statism in general its the gays in the financial system. they force all migrants to sell their time thats why there is conflict with them
they then are seeking to define regional rules, like some bridge trolls to decrease freedom for others.
thats why cryptos will continue to run it gives opportuntity to gain capitalism if you dont feel yourselves identifiing with the communist banksters, the technology that is used, gives freedom to operate globally, independent from the communist.
i its likely that these communists will end up as local gangsters trying to imprison all at the expense of others in their "financial" cartels.
thats everything they have to protect the value of their currencies. and thats the threat comming from them, that and constant insults on others, who dont fit into their agenda.
They could definitely kill it. In most cases, I don't believe it would be in the form of "outlawing" crypto, or anything that overtly dramatic, instead it would be something like banning/closing exchanges, or banning banks from receiving fiat from exchanges. They might do this kind of thing to prevent capital flight during a crisis, if that capital flight took the form of people bailing in mass on their countries' currency (think Venezuela if the people had more agency). Regardless of why they did it, this would effectively collapse the price, especially if enough major governments did so.
Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.
It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.
What do you think?
It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.
What do you think?
regulation could be extremly gay and evil,
like in germany for example
a license to run a bank costs 1 million euro
only rich and old established germans can own one. all others are their idiots. they abuse that system to enrich themselves but they keep it open for rich foreigners so they can anytime buy a license and co abuse the german poplation with the german elites, as otherwise they would get hostilities with them.
nevertheless people will either desire regulations or they will ask/use cryptocurrency filters to avoid accepting cryptocurrencies that dont help them or dont pursue their interest.
regards
I am not sure how these regulations will reflect in the future, i agree that there are many scams in this market but will the regulations could end these, may be a regulation on new ICO might give good results and that is the only regulation i need to see implemented in this market, other than that we need to have a free market.
I dont think if regulations will kill cryptos. come to think of it if crypto is regulated, it means its legalized, when its legal , that means everyone wll be free to use it, thereby attracting more users and more value, regulation cannot be totally bad
I don’t think so regulation will kill cryptocurrencies. The regulations are being done to prevent the money laundering and terrorist activities or other scams. Without regulation a person, who bears huge amount of loss due to scammers, cannot seek legal justice and therefore cannot get his money back.
It all depends on the extent of regulation.
Certainly, there should be clear rules to be obeyed by all the participants of the system (no fraud, no financing of terrorism, fair prices and conditions of buying/selling).
On the other hand, if there is too much regulation, the market and the crypto system itself cannot evolve in its natural way which leads to its dying.
Certainly, there should be clear rules to be obeyed by all the participants of the system (no fraud, no financing of terrorism, fair prices and conditions of buying/selling).
On the other hand, if there is too much regulation, the market and the crypto system itself cannot evolve in its natural way which leads to its dying.
Some governments prohibit bitcoin and all cryptos, but in this case all the users and holders could find possibility to enter their web wallets and use it further.
On the contrary, regulations might just be the thing that cryptos need. The market now is very easy manipulated by whales and anyone who has enough money and enough coins in their possession but with regulations and trading rules, the market will be harder to manipulate and people would not be able to sway the market in their favor at will.
Regulation is currently creating problem, but i think that in future when all the countries will regulate bitcoin in their country, then it will surely be very good for the future of bitcoin, in fact all the people will then become more confident and will surely invest more money in bitcoin. I think bitcoin regularity will be too good for the future of bitcoin.
I don't think so. Those who already invested will not pull out their investment because of regulations which is set by the government.
I think crypto regulation will not kill crypto, and even I see crypto regulation has much positive value.
our source of income is from investors if investors are not given security, and when they suffer losses or fraud, there will be no more investors willing to invest.
like happened with ICO Centra, which is considered has committed scam, and finally, ICO centra founder was arrested by security.
which occurs in China is a small incident that can not be used as a basis for banning crypto regulation.
our source of income is from investors if investors are not given security, and when they suffer losses or fraud, there will be no more investors willing to invest.
like happened with ICO Centra, which is considered has committed scam, and finally, ICO centra founder was arrested by security.
which occurs in China is a small incident that can not be used as a basis for banning crypto regulation.
On the contrary, regulations might just be the thing that cryptos need. The market now is very easy manipulated by whales and anyone who has enough money and enough coins in their possession but with regulations and trading rules, the market will be harder to manipulate and people would not be able to sway the market in their favor at will.
Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.
It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.
What do you think?
As you said if a country is trying to over regulate a new technology then it can't grow as its full potential,so regulate it with appropriate requirements other than the high taxes.And if more and more country keep doing this then it may kill the cryptos. It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.
What do you think?
Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.
It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.
What do you think?
It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.
What do you think?
As far as i know,being regulated country in terms of digital currency is not killing the cryptos investment instead it will promote a capitalism of the country by providing an economic growth and social responsibility,so therefore for being an regulated countries its a big advantage and oppurtunities to have this kind of own virtual currency technology,because its will provide a good status of the economy of the country.
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