Topic: Will regulation kill cryptos? - page 8. (Read 773 times)
It depends on who regulate cryptocurrencies. They are many cryptocurrency friendly countrys here on this planet. So those gouverments will make cryptofriendly laws. But there are also other gouverments wh dont understand what cryptocurrencies are and how they work. Those country will regulate very hard. The best example is poland. They made some new rules about cryptos, which you have to pay taxes for the time since bitcoin exist, so you have to pay for the past. So if you own cryptos for fifteenthousand, you can pay a half million of taxes
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?
We should change the way we percieved regulations. It doesnt kill cryptocurrency, its making us safe. Although it has been misunderstood as a threat because it may somehow affect the prices in the market. In general its for the sake of those who invest.
In contrary with that, Everyone knows that Bitcoin as the mother of all cryptocurrencies has been made not to be regulated or controlled by the government due to its decentralized feature, but changes is constant. We never know, will it ever make a progressive changes or not.
To kill the crypto I do not think it's easy, and if you want to use advanced technology and benefit many people, that's great to do.
Regulations in itself are meant to protect and aid us from destroying the community. However, these regulations must be borne out of fairness and equality such that the system may be sustained for the good will of all.
I do not think so. Because the regulations are designed to help the cryptocurrency market grow and in order, avoid possible risks. A good market requires good measures and rules to help investors trust and participate in it. This is what countries are doing so the cryptocurrency market is growing.
Not exactly!
It is unpredictable to say what might be the future of Cryptos after regulation.
It is unpredictable to say what might be the future of Cryptos after regulation.
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?
if regulation makes investors feel safe and comfortable in investing it may be a fresh breeze for investors and chances are one day bitcoin will be growing and more successful 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?
Regulations will harm the growth of crypto currencies. Its the other way by the governments to stop crypto currencies.
Crypto needs no governments to be regulate.
Crypto needs no governments to be regulate.
I do not think that at least something can kill the Crypt. But to influence the course completely. this market is already giving out, good news!
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?
The very essence of cryptocurrency is deregulation. Any form of regulation is against the very fabric of deregulation hence cryptocurrency. It is a good thing to think the regulators are protecting against fraud and scam, but hey, they have not successfully protected these guys from defrauding and scamming users of fiat currency. Just think about that! 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?
Yes it will be altered. There will be a big difference from now that it is decentralized to when it will be regulated or controlled by the government. 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?
Of course he will. This rapid rise of Bitcoin was stopped by many governments.
People are using coin because of commissions and taxes. For this reason, the banks are very opposed to this market.
People are using coin because of commissions and taxes. For this reason, the banks are very opposed to this market.
Rules will not kill bitcoin, if the rules are good and side with the user I think it will increase the bitcoin strength going forward.
Regulation will not kill cryptos. It can only kill the frauds and spams which are surviving only in absence of regulatory. But regulations should not be imposed by the individual country. A separately international recognized body should be there to regulate the crypto similar to International Monetary Foundation.
We must first see what the regulation is made, does the regulation really freeze the transaction process from crypto? If so, crypto will die. But, I do not think all countries will do regulation that can kill crypto because one country can accept crypto will survive even though dominated by regulation from a various country about crypto.
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?
There is a big possibility that if the cryptocurrencies are regulated its essence will be gone because surely they will do their best to take control and tax it higher.😑 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?
Its understandable but also required if crypto especially bitcoin want to be accepted as a digital payment or more like an asset by whole. Since there are no regulation about crypto, people create ICOs and more are popping everyday which used to scammed people. Regulation created to counter these so in the end there will be only one absolute coin which is Bitcoin to become acknowledge by the government. It hurt the price at first but it has a better prospect for the future development.
Regulations are the goverment's perogative and right now, these will have to be accepted as facts of life.
Those who have the purely libertarian viewpoint want to live in countries which leave crytpos fully unregulated. There have even been proposals to build seasteads where normal jurisdictions won't apply. This is quite fascinating but not practical for everybody, as of now.
So we have to sit back and look for the possible regulations:
1. First will be the requirement to have full KYC when dealing with crypto.
2. There maybe some sort of taxation built into the system, which normal users already pay as a service tax.
3. ICO regulation and audit can be a big area of improvement, if the ICO craze has to actually be of any value.
These regulations should serve to make market safer for the average investors. The biggest problem will be maintaining a balance between privacy and law-enforcement. This is the trickiest bit of the problem.
One thing is sure that it can't be regulated out of existence. If such a thing happens, it'll just move into the background again. People will move to friendlier countries and we can have a division of the camps that support it vs the non-supporters.
Fiat vs Bitcoin may well be the 21st century equivalent of the Socialist-Capitalist economy divide.
Those who have the purely libertarian viewpoint want to live in countries which leave crytpos fully unregulated. There have even been proposals to build seasteads where normal jurisdictions won't apply. This is quite fascinating but not practical for everybody, as of now.
So we have to sit back and look for the possible regulations:
1. First will be the requirement to have full KYC when dealing with crypto.
2. There maybe some sort of taxation built into the system, which normal users already pay as a service tax.
3. ICO regulation and audit can be a big area of improvement, if the ICO craze has to actually be of any value.
These regulations should serve to make market safer for the average investors. The biggest problem will be maintaining a balance between privacy and law-enforcement. This is the trickiest bit of the problem.
One thing is sure that it can't be regulated out of existence. If such a thing happens, it'll just move into the background again. People will move to friendlier countries and we can have a division of the camps that support it vs the non-supporters.
Fiat vs Bitcoin may well be the 21st century equivalent of the Socialist-Capitalist economy divide.
yeah well it is a new technology and a new field to regulate so it is somewhat understandable to sometimes see some unreasonable regulations in effect in some places but eventually and hopefully there will be corrections in the system which makes things more reasonable and friendly.
additionally there are a lot of different countries each of which have a very different opinion towards cryptocurrencies so it is hard to expect a similar attitude towards them at the same time. some are even scared of bitcoin because it has been messing with their corrupted economy by providing people with an option to exit that economy!
additionally there are a lot of different countries each of which have a very different opinion towards cryptocurrencies so it is hard to expect a similar attitude towards them at the same time. some are even scared of bitcoin because it has been messing with their corrupted economy by providing people with an option to exit that economy!
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?
You can't completely kill all cryptos, even if all governments in the world will ban cryptos, ICO's and tokens, some people will continue being involved, because it's part of the Internet now, and you can't stop the Internet. In my opinion, the interest in blockchain will be declining and people see that there's very few working applications out of thousands of "promising" projects, but this is good for real working coins like Bitcoin, because enthusiasts will return their attention back to them.
Yes I totally agree with you they not completely killed all crypto and i don't think it's possible that all government will ban cryptos because it's very useful to many countries.
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