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Author Topic: Crypto regulations still have a chance?  (Read 918 times)
X-ray
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June 17, 2020, 09:56:13 AM
 #101

Regulation will help a bit, scams can reduced but not entirely wiped out, regulations is like the law and a world without the law is going to be a living hell, regulation will work but not 100 percent
The regulation will make the scammers will be thinking for a twice before they wanna try to scam others. The problem is the implementation for the open market. At least the regulation gives more guarantee for people who have invested or played with crypto.

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June 17, 2020, 10:02:50 AM
 #102

Regulation will help a bit, scams can reduced but not entirely wiped out, regulations is like the law and a world without the law is going to be a living hell, regulation will work but not 100 percent
The regulation will make the scammers will be thinking for a twice before they wanna try to scam others. The problem is the implementation for the open market. At least the regulation gives more guarantee for people who have invested or played with crypto.
Right. However, it seems hard to create regulations in this market. The reason is that there's no particular organization has direct controls over the market. If we need regulations, who will create? who will ensure that people follow it? What's the punishment? It's just a hard thing to do!

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June 17, 2020, 11:24:11 AM
 #103

Sorry I'm one of those who thinks that regulations can't stop hackers and scammers, regulations can only control money laundering in crypto space through centralized projects and exchanges, I don't expect much from regulations

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June 17, 2020, 11:41:28 AM
 #104

Sorry I'm one of those who thinks that regulations can't stop hackers and scammers, regulations can only control money laundering in crypto space through centralized projects and exchanges, I don't expect much from regulations

Crypto is already regulated, regulated by the team and their idea, you know what you can and what you cant do with some coins. Further regulations will not help, centralization will not help, centralised projects run by groups of people for one purpose, that group to be richer, while others will stay on bottom will not help (that kind of system last for decades).
What we need is awareness, we need tolerance, compassion, understanding. Only we that we can rise as society where every person will have the same rights and life conditions.

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June 17, 2020, 12:38:49 PM
 #105

Sorry I'm one of those who thinks that regulations can't stop hackers and scammers, regulations can only control money laundering in crypto space through centralized projects and exchanges, I don't expect much from regulations
It cannot stop any of these but it will be a great help to minimize this kind of crime.
Well, it's maybe hard to stop hackers but the scammers, I think there will be a significant decrease of scams in the market as scammers will certainly face jail time if they will do this illegal activities and I believe when the market is regulated, more preventive measures will be put in place that we will follow.

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