Do you agree with regulation on blockchain?

[MediBloc]

Recently, some countries like China and Korea baned ICO(initial coin offering). Some people say that it is the process of making healthy indutry, but some people worry about "anti-promoting" the blockchain industry.
What do you thunk about this issue? Please share your opinion

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[matthewLog@n274]

Recently, some countries like China and Korea baned ICO(initial coin offering). Some people say that it is the process of making healthy indutry, but some people worry about "anti-promoting" the blockchain industry.
What do you thunk about this issue? Please share your opinion

yes i really agree with that. bit coin has getting more popular in the world day by day. so every one very interested to buy bit coins. but it may happens legally or illegally in my point of view china and koria did really good. because most of the people trying to convert they black money into bit coin in the process they escaping from the  government. so regulation on blackchain is really good thought i agree with that.

[Sachinist]

I can see the argument but regulation defeats the whole point of crypto.

[Hodll]

To regulate the blockchain would mean they want to control It, yet we want a system of transparency that's why it is decentralised. Me thinks this regulation is just for a few individuals who want to ride on the success of the blockchain without giving any input to the whole idea. They fear the status quo will be quashed.

[cadilac9999]

Yes It good for ICO's future. We can avoid some of scam or low quality projects that is created to steal people's money.

[Loran Lann]

If someone will make regulation, it the whole meaning of blockchain would lost...

[ugt]

blockchain won't be banned although ICOs and cryptocurrecies are banned in China

[scraps]

No. Bitcoin is what it is because its a free market.

[Raffielo]

This may stem from the fact that certain areas aren’t equipped to fulfill safety toward large client bases, meaning greater hacker vulnerability and therefore, the quick solution is to create an all out general blanket of protecting the public by not alllowing the business to function at all. Theoretically, these types of circumstances won’t change until there’s a certain level of infrastructure of safety, sounds odd, yet this seems to be the thinking for certain areas.

[jezus]

China used other exchange like polo and other.

[Igorgnome]

In my opinion the attempts of government intervention in the blockchain is inevitable. We may see the national mney and totalitarian regimes who put people in prison for using cryptocurrency in the near future. In addition, we must not forget about a lobby for big banks. Blockchain it is not highly profitable. For banks, the blockchain is not highly profitable.